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Strategy

The Real Moat Is Distribution

1:09 · 2026-06-30

The strongest business advantage is often not the product itself, but the repeatable path that gets the product in front of the right people.

The useful part

Build the thing, but also build the path, because the product that wins is the one that gets a chance to be chosen.

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Sources behind this episode

  • practitioner bookZero to One: Notes on Startups, or How to Build the FutureThiel with Masters, 2014, Crown Business, Ch. 11
  • evidence-based marketing science bookHow Brands Grow: What Marketers Don't KnowSharp, 2010, Oxford University Press, Ehrenberg-Bass
  • essay1,000 True FansKelly, 2008, The Technium
  • peer-reviewed marketing researchA New Measure of Consideration Set Size: The Average Number of Salient BrandsBrown and Wildt, 1992, Journal of the Academy of Marketing Science, 20(3)
  • industry analysis essayAggregation TheoryThompson, 2015, Stratechery

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