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Ryan Petersen

๐Ÿ‘ค Speaker
2037 total appearances

Appearances Over Time

Podcast Appearances

The Knowledge Project
Ryan Petersen: Building Flexport

I really like his competitive exclusion principle.

The Knowledge Project
Ryan Petersen: Building Flexport

What is that?

The Knowledge Project
Ryan Petersen: Building Flexport

It's basically, it comes from biology and it's this idea that in a niche, in an ecological niche ecosystem, there's only a

The Knowledge Project
Ryan Petersen: Building Flexport

Two species can't occupy the same niche.

The Knowledge Project
Ryan Petersen: Building Flexport

One of them must outcompete the other one.

The Knowledge Project
Ryan Petersen: Building Flexport

If they're like for life, they're both occupying the exact same niche.

The Knowledge Project
Ryan Petersen: Building Flexport

One will win.

The Knowledge Project
Ryan Petersen: Building Flexport

The other will get pushed aside, go extinct or have to adapt.

The Knowledge Project
Ryan Petersen: Building Flexport

And so in business, the way to apply that is like you should be able to do all the things that your competitor can do.

The Knowledge Project
Ryan Petersen: Building Flexport

You can't leave any room for them to exist because they can do something you can't do.

The Knowledge Project
Ryan Petersen: Building Flexport

opposite of this dogma that you should only do one thing and do it really really well it's like actually you should spread out and make sure there's no room for the other guy to stick around and maintain a relationship with your customer just because you're not able to do that thing and we still have some of these i mean we very hard to do everything but he calls it's a there's a wikipedia article about the competitive exclusion principle i think that's pretty interesting i learned from actually just generally peter's whole thing is um

The Knowledge Project
Ryan Petersen: Building Flexport

is the worldly wisdom ideas, taking ideas from biology and physics.

The Knowledge Project
Ryan Petersen: Building Flexport

And what's his other one is the formula for kinetic energy.

The Knowledge Project
Ryan Petersen: Building Flexport

It's one half of mass times velocity squared.

The Knowledge Project
Ryan Petersen: Building Flexport

We use velocity as like our main word at Flexport, velocity.

The Knowledge Project
Ryan Petersen: Building Flexport

From the kinetic energy formula, it's a square function and mass is only a linear formula.

The Knowledge Project
Ryan Petersen: Building Flexport

And so this is why in football, American football is hitting so hard, knocking.

The Knowledge Project
Ryan Petersen: Building Flexport

Often it seems like this little guy can just like create way more energy.

The Knowledge Project
Ryan Petersen: Building Flexport

Well, they are.

The Knowledge Project
Ryan Petersen: Building Flexport

Their velocity, they're running really fast.