Reduce The Risk Of Entrepreneurship By Controlling And Shaping A Future In Which Uncertainty Is Managed And The Cost Of Failure Reduces Whilst Its Value Increases
5 Principles Of Effectual Logic
- Start with the means (yours or the organisations)
- Set affordable loss (based on the situation)
- Leverage contingences (value the unexpected)
- Form partnerships (with key stakeholders)
- Stay firmly rooted (think big, act small)