IMO traction is everything. Without it, you are losing. More power + no traction = waste of time and money. I personally wouldn't add power until I could drive a sub 3.5 0-60 on the street, consistently. My 2020 could do that on 275 all season Michelins. Once you can routinely stamp out solid 0-60s, then you add power, adjust for better traction, and relearn how to drive it again. But, chasing power while disregarding traction and driver input ability is a glorious waste of time.
In the following scenario, the driver is blowing the tires off all the time, but wants more power. They go online and "research" what some other cars have and mimic that. Upper/lower pulley(s), injectors, maybe E85, tune, fuel pumps, chiller mod (if non redeye)... now they're running 900whp and they're still blowing the tires off. They add drag springs, rear cradle mods... still blowing the tires off. Change tires... still blowing the tires off. Now, they start going to different shops and start using different parts for the same mods they already tried to replace... still blowing the tires off. Change air pressure, add K member, different bushings... still blowing the tires off.
The right way to do it is in increments. Learn the baseline. Get your launch performance at your target goal. Then, add mods. Repeat and don't do any more until you get back to your launch performance goal. This way, the driver stays on top of the changes to the car, and the limited modifications allows the driver to not only understand what's causing the new behavior, but how to offset that and plan for future upgrades if needed. Thus, if by adding 100hp, it imparts considerable wheel spin, then you know you need to adjust the shocks/springs a certain degree and lower the psi in the tire to some set level. Increasing another 100 will require yet another rear end adjustment.
With each increment, the driver is going to have to re-learn the launch routine, as the car is not going to be able to launch the same way as before. Coarse example, take a Scat Pack and a Hellcat. You can typically launch a Scat Pack on a prepped drag strip at absolute WOT from around 3,500 rpm. No drama, scoots and goes. You do that with a Hellcat, and it's a smoke show. Now, the diffference in power between the two is around 225hp or so. This is about the same disparity between a stock Hellcat and a 900whp E85 mod that's quite common. So, you can't launch the car the same way as you did before the mod and you'll have to learn it. If you don't learn how to drive it the old way, now you're just at the mercy of the tuner/shop/mod quality and you have to assume everything is working right because your baseline data set is flawed (you didn't know how to drive the original "good" format). If something is off with the build, you won't have any idea and you'll be playing the WTF IS GOING ON WITH MY DAMN CAR game for months.