As part of our endeavour to add value to the lives of our readers through meaningful and compelling articles, we are sharing the detailed concept of Lygometry. It can prove to be very beneficial for everyone including entrepreneurs. Let’s have a read! What is Lygometry? Lygometry is simply defined as a process of measuring things that we know we don’t know. It is a fairly new concept that’s coined by Amin Toufani, former chair of Singularity University. Some things that we know we don’t know include: what’s beyond observable universe?…
Read MoreAuthor: Akshay Dipali
OODA Loop – A military technique for Entrepreneurs
In such a fast changing world, evolving technological landscape and rapidly growing business environment, the only way for entrepreneurs to stay relevant is to execute faster. Agility is proving to be as important in business as any sport. And companies who fail to iterate and innovate faster will perish in no time. So how to do that with minimal risk, swiftly and effectively? This is where the OODA loop comes in picture. OODA (Observe-Orient-Decide-Act) is a famed military strategy that was developed by John Boyd. Boyd applied this…
Read MoreClose More Deals By Using Game Theory
Closing deals is not just a simple transactional game, it involves a lot of factors that influence the decision of the buyer at every stage of the sale cycle. That’s why Game Theory works best here as it lays out all the possible actions and their outcomes in front of you before they even happen, giving you the edge to perform better and increase your probability of closing the deal. There are a few elemental procedures that can improve your shot at getting what you want. Game theory will prepare…
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