Difference between revisions of "Constraint Creates Innovation"
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− | Another way of saying "Necessity is the Mother of Invention." In the VoD, the venture is in a crucible where it has to find someone to pay for its product or service. The constraint that comes from not having cash is a gift because is forces innovation. | + | Another way of saying "Necessity is the Mother of Invention." In the VoD, the venture is in a crucible where it has to find someone to pay for its product or service. The constraint that comes from not having cash is a gift because is forces innovation. The great Bootstrap companies discovered their business models in the VoD. |
Latest revision as of 18:43, 6 June 2007
Another way of saying "Necessity is the Mother of Invention." In the VoD, the venture is in a crucible where it has to find someone to pay for its product or service. The constraint that comes from not having cash is a gift because is forces innovation. The great Bootstrap companies discovered their business models in the VoD.