Every once in a while we work with an entrepreneur that is meticulous in their approach to building a company. At first this seems like a great idea as there is rigor in the thinking and the approach but what ends up happening is that the planning stage never seems to end as the thinking evolves and evolves. It is a sort of "Paralysis by Analysis."
What is the solution? Sometimes "good" is good enough. The most important point to understand is that each new business and concept has a limited shelf life before it is 2nd, 3rd or later to market. Secondly, entrepreneurial talent is used to cutting some corners to get the job done and this highly rigorous approach rubs people that are willing to work under these conditions the wrong way. Furthermore, part of the team building process is to get new staff to evolve the business - if it is already "thought-out" there is little room for them to add.
I will be the first to say that entrepreneurial enterprises lack rigor, but for fresh out of the box companies, "good" really is good enough.
DC.
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