Re:Why a Startup is Like a Science Experiment
by hitechsites on Tuesday May 03, 2011 @05:11PM
(#2511677)
A startup is like a science experiment because its product design is a hypothesis about its market and its product is the experiment to test that hypothesis. And you the entrepreneur are the scientist conducting an experiment.
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The difference is, if you control all of the other variables in an experiment, you can always predict the outcome after you've proven the hypothesis in a science experiment. However, market behaviors change over time and so the experiment can never control enough variables to be right 100% of the time. That's why I like the business world. Change is fun!
Re:Why a Startup is Like a Science Experiment
by hitechsites on Tuesday May 03, 2011 @05:41PM
(#2511776)
In a startup, most of the time you do not even know what the variables are that can affect the outcome; so you have to guess and hope for the best. The learning comes from examining the outcome and then discovering all the variables you never even knew existed - so you go back and change your hypothesis or product to deal with the new variables. And so it goes...