Book Review: Good to Great by Jim Collins

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I stole one of my favorite freelancing concepts from a corporate management book. The flywheel — the idea that momentum comes from many consistent pushes in one direction rather than one dramatic shove — came straight out of Good to Great, and I’ve been applying it to freelance writing careers ever since.
The setup: Jim Collins and his research team spent five years studying companies that jumped from decent to dominant, plus the comparison companies that never made the leap. Out of that came the ideas this book is famous for: Level 5 leaders (ambitious for the mission, humble about themselves), getting the right people on the bus, the hedgehog concept, and confronting the brutal facts without losing faith.
What I Loved About Good to Great by Jim Collins
“Confront the brutal facts” is the chapter that earned this book its place on my shelf. Radical honesty about what’s actually working is rare in any company, and it’s rarest in a business of one, where the CEO, the underperformer, and the person avoiding the spreadsheet are all you. Collins builds his case from research discipline rather than charisma, and it makes the book thoughtful in a way airport business books usually aren’t.
And the flywheel deserves its fame. It’s the best mental model I know for freelance careers, where nothing works for months and then everything does: every published piece, every delivered project, every subscriber is another push on the same wheel. My rate didn’t climb from $350 an hour to $1,000 because of one good day. That was the wheel, finally spinning.
What I Didn’t Love About Good to Great
You’ll do translation work, because the case studies are Fortune 500 companies (Walgreens, Kroger, Gillette), and time has been rude to a few of them — Circuit City, one of the “great” eleven, later went out of business entirely. Treat the companies as data from a particular era and the principles as the durable part.
Final Thoughts on Good to Great
If you run a one-person business, read it with a pencil and keep asking what your version of each idea is. That habit is how a corporate tome about Walgreens ended up shaping a freelance writing career — and the writer-sized answers I landed on are all in Write for Money and Power.
My final score: 4 out of 5 stars ⭐️⭐️⭐️⭐️
Do I recommend this book? 👍 Yes — steal the flywheel.
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Hello! 👋 I’m Amy Suto. I’m a bestselling author, creator of the bestselling Substack Make Writing Your Job, and a 7-figure freelance memoir ghostwriter. Subscribe to my newsletter and writing job board to learn how to make writing your job!
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