Friday, December 7, 2012

Uncertainty and Entrepreneurship

One of the fundamental characteristics of startups which drives thinking about methodology and whether you actually want to do one is uncertainty.

Here's Eric Ries:
A startup is an organization dedicated to creating something under conditions of extreme uncertainty. 

And Steve Blank:
In a startup the search for a business model is chaotic, unpredictable and uncertain. 

No plan survives first contact with customers.

Conditions on the ground will change so rapidly that the original well-thought-out business plan becomes irrelevant.  Blog post

Alex Osterwalder:
Business model innovation remains messy and unpredictable, despite attempts to implement a process. It requires the ability to deal with ambiguity and uncertainty until a good solution emerges. -- Alex Osterwalder,  Blog Post

The world is so full of ambiguity and uncertainty that the design attitude of exploring and prototyping multiple possibilities is most likely to lead to a powerful new business model.  -- Alex Osterwalder,  Blog Post

He wasn't talking about startups but I'm remind of what Nietzche wrote:

I say unto you:  one must still have chaos in oneself to be able to give birth to a dancing star

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