What is the flywheel effect of fame?
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The "flywheel effect of fame" is most effectively described in the context of business success. For example, in an episode of My First Million, Shaan Puri discusses the importance of building a business with a positive flywheel. This means that the more people who use it and the longer it's around, the more valuable it becomes. This is closely related to the concept of the law of increasing returns, where initial momentum leads to greater gains and influence over time, creating a self-reinforcing loop of growth and success 1 .
Additionally, Nick Huber mentioned how mastering certain skills—like attracting, leading, managing, delegating, and writing—can set anyone up for success across various types of businesses. This suggests that once you get the flywheel of fame and skills going, it can apply almost universally to crush it in different ventures 2 .
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