Kindergarten children can teach entrepreneurs

Eric Ries, author of The Lean Startup, conducted an innovative test in which kindergarten children beat business school students. Eric Ries just joined Singularity University and held a "cotton candy Challenge", a well-known test, each team has 20 pasta, a limited length of tape and cotton rope, and a cotton candy. It is possible to pile up as many high towers as possible within 18 minutes. The rule is that cotton candy must be at the top; how difficult is the challenge? Test results: the average percentage is 20 inch, but less than half of the students in the business school. Kindergarten Children can reach 26 inch. You are not mistaken. kindergarten students are nearly three times as high as business school students.

Kindergarten children do not have much plans to build the tower. What they do is to repeat the steps of "keep building and keep failing", because the cumulative failure results can make the final cotton candy stand up, "Team, risk taking, prototype testing, and adequacy" are the key to success and a better place for children than MBA students. Eric Ries believes this is also the basic belief of entrepreneurs.

In Silicon Valley and in the world where entrepreneurial ethos has blossomed, the emerging entrepreneurial rule recently: there are few but more planning schemes. Unlike traditional business school training, it is actually a real-time entrepreneurship; starting from a hypothesis, we use the least resources to prove that the idea is feasible and there is a market. The product obtained in this model is called the least feasible product (MVP, minimum viable product ), the goal is to minimize the time, money, and effort required to give birth to products after an idea is created. MVP products are generally not perfect, as Eric Ries likes most, if you don't feel embarrassed about the product, it means it is too late.

Eric Ries believes that products should be continuously improved one by one and then three, so that enterprises can proceed steadily and face every innovation review very honestly. The key indicator for measuring product growth and ensuring that you are on the right path. It takes a shorter period of time to verify the product from the conception to the business school students to write career picture books, it is such a rapid response to the design and flexible Program (similar to those of young people who are not afraid to try again and again in the cotton candy Challenge) that can succeed.

This is an era of rapid technological development. "precision" may be the most important link. computing, biology, and even solar energy rely on a large amount of information technology, like law of accelerating returns proposed by Ray kurzwei, every ten years of technological innovation will double. The more competitive the environment, success or failure will depend on whether there are repeated or critical moments that determine the flexibility to respond to changes.