Effectuation (effectuation.org) is a decision-making framework used by expert entrepreneurs. The early morning workshop of PN Camp Introduces this concept and help participants arrive at stakeholder commitments for their product market fit. Vinay Nathan of Altizon talks about application of effectuation in his company and how it made him do more with less. Altizon is a Pune based Industrial IoT...
To me, entrepreneurship is a dynamic manifestation of creating connected values with compassion; so I focus on creating connected values without worrying for my funding orientation. When I started, after coming out of Sun Microsystems, I was not thinking about money as I was able to get some money by helping people who were using the product that I built at Sun. I did not know what it takes to...
“The Why” : This blog is a very hard one to write and is almost equivalent to capturing what Po felt at the end of KungFu Panda (for uninitiated don’t worry next few paragraphs will make it clear). Therefore I am not going to attempt to explain the methodology in its entirety. There is lot of information online on Wikipedia and Effectuation. However I am going to provide crux of the learning...
