marți, 14 octombrie 2014

Seth's Blog : Avoiding magical thinking

 

Avoiding magical thinking

There's a relationship that's easy to imagine but actually incorrect: We often come to the conclusion that in order to make something magical, we'll need magical events to occur to get there.

Building a startup is hard. Publishing a great book successfully is quite difficult. Launching a non-profit that matters is a Herculean task. I hope you will do all three, and more, often.

But while your intent is pure and your goal is to create magic, the most common mistake is to believe that the marketplace will agree with your good intent and support you. More specifically, that media intermediaries will clearly, loudly and accurately tell your story, that this story will be heard by an eager and interested public and that the public will take action (three strikes).

Or, more tempting, that ten people will tell ten people to the eighth power, leading to truly exponential growth (some day). Because right now, you've told ten people and they have told no one.

Or, possibly, that you will call on businesses and offer them a solution so powerful that they will pay you at that very first meeting, generating enough cash flow that you will be able to immediately hire more (and better) salespeople to grow your organization exponentially.

All great organizations make change. Change is hard. Change takes time. In markets that matter (meaning not gossip, not snark, not spectator sports), people rarely tell dozens of other people about what they've discovered. And action is taken, sometimes, but not as much as you deserve.

No, you'll need to work hard to create something magical, and a big part of that hard work is relentlessly eliminating all magical thinking from your projections and your expectations of how the market will react.

Only count on things that have happened before, a funnel you can buy and time you can afford to invest. Anything more than that is a nice bonus.

[HT, worth reading: Aaron]

       

 

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