August 1, 2024

The Flywheel Effect: How to Build Momentum in Your Business

author
Jordan Avner

Some businesses feel like they’re constantly pushing uphill—grinding to hit every milestone, relying on sheer effort to keep moving forward. Others seem to build momentum as they push forward, gaining speed over time. The difference? A well-designed flywheel.

At Establish, we help businesses create momentum through strategic stakeholder engagement. Using our Flywheel Framework, companies can identify key players, refine interactions, and develop systems that keep growth moving—without constant pushing.

Let’s break down how the flywheel effect works and how you can use it to create lasting momentum.

What Is the Flywheel Effect?

The flywheel is a business concept popularized by Jim Collins in Good to Great. He describes it as a heavy wheel that requires initial effort to get moving, but once in motion, it builds its own momentum, reducing resistance over time.

Amazon is one of the best examples of this principle in action. Their flywheel is built around customer experience—which drives traffic, which attracts sellers, which leads to a larger selection, which improves experience further, and the cycle continues.

At Establish, we’ve refined this concept into a practical framework for companies looking to scale. Instead of relying on short-term wins, you’ll develop a system that compounds success over time.

The Establish Flywheel Framework

Our process is built around identifying key stakeholders (both internal and external) and creating intentional interactions with them. The result? A self-sustaining cycle that reduces friction and accelerates growth.

1. Identify Your Stakeholders (Who’s in Your Flywheel?)

Your business doesn’t operate in a vacuum—it interacts with a network of people who either fuel or slow down your momentum. These stakeholders include:

  • Internal Teams: Leadership, employees, departments that need alignment.
  • Customers & Clients: The people driving revenue and engagement.
  • Partners & Vendors: Businesses that impact your supply chain or operations.
  • Community & Industry: Influencers, regulators, and industry peers.

🚀 Action Step: Map out your key stakeholders and rank them based on their influence on your business momentum.

2. Define Their Motivations & Friction Points

Once you’ve identified your key stakeholders, you need to understand what drives them—and what slows them down. Ask yourself:

  • What problems do they need solved?
  • What interactions cause friction in our relationship?
  • What changes would make engagement easier and more valuable?

🚀 Action Step: Conduct stakeholder interviews or send surveys to uncover pain points and engagement opportunities.

3. Design Intentional Interactions

Every interaction should either reduce friction or add momentum to your flywheel. This could mean:

  • Streamlining communication between departments.
  • Automating touchpoints with customers for better retention.
  • Strengthening partnerships with clearer incentives.

🚀 Action Step: Build a plan for systematic interactions with each stakeholder group—focusing on value-driven engagement.

4. Measure & Adjust the Flywheel

Momentum isn’t about speed—it’s about consistency. As you refine your interactions, your flywheel should gain efficiency over time. Use KPIs and feedback loops to track progress and make small adjustments that keep things running smoothly.

🚀 Action Step: Set up quarterly reviews to analyze stakeholder engagement and tweak your flywheel strategy.

Final Thoughts: Build a Business to Scale

The best businesses don’t build systems that continuously reset—they build systems that generate momentum. When you apply the Flywheel Framework, growth becomes a natural byproduct of your process, not something you have to force every quarter.

At Establish, we help companies design and execute flywheels that scale. If you’re ready to stop pushing and start accelerating, let’s talk.

🚀 Let’s build momentum together.

Published
August 1, 2024
A cinematic shot of a large, industrial flywheel in motion, captured with dramatic lighting and a shallow depth of field to emphasize movement and force—symbolizing sustained business momentum.
Jordan Avner
Author
Jordan Avner builds marketing and sales systems that help businesses scale. With expertise in brand strategy, audience engagement, and business development, he focuses on practical solutions that drive real growth.
photo credits
Industrial flywheel in motion
AI Generated Image by Establish
Macro Shot of Flywheel
AI Generated Image by Establish
Macro Shot of Flywheel
AI Generated Image by Establish

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