'The growth of the country depends on the technological start ups. The problem is too many of them die.' Can we guide entrepreneurs to reach success?
First mistake of most start-ups, they are blinded by the power of their technology that the demonstrate and no one wants to buy it. They invest so much time and money to demonstrate it that they run out of money.
'Technology can bring benefits, if and only if, it diminishes a limitation.' ..'Limitation means core-conflict.'
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'What are the rules the client is using to eliminate his limitation? How do we systematically find these rules?'
'What is the client doing to mitigate/reduce the negative effects of this conflict?' When we did deep we find the rules.
In Theory of Constraints, how should we behave after we eliminate the conflict? It is called the Future Reality Tree (FRT).
'It is not a triviality to create new rules. It is a must! IF the new rules will not be provided, a corporation will continue to follow the old rules, the benefits will not come.'
'Successful start-up does not mean a successful exit.'
