Entrepreneurship has many parallels with many other aspects of human endeavor and hypothesis. My blogs so far have attempted to capture and elaborate on some of these.
During 2024, I
will aim and attempt to link it with one of the most impacting branches of
human knowledge - geometry - which has evolved over all of humankind’s existence. Hopefully,
I will make it as interesting as it will be informative and useful. And I
promise to refrain from any formulas or semantics which are usually the bane of
mathematics, as far as laypersons are concerned!
Geometry, the
branch of mathematics concerned with the shape of individual objects, spatial
relationships among various objects, and the properties of surrounding space,
is one of the oldest branches of mathematics. It has evolved from the study of
flat surfaces (plane geometry) and rigid three-dimensional objects (solid
geometry) to analyzing the most abstract thoughts and images which might be
represented and developed in geometric terms. The main branches of geometry are
Euclidean Geometry, Analytic Geometry, Projective Geometry,
Differential Geometry, Non-Euclidean Geometries, and Topology.
What can entrepreneurs learn
from each of these six branches of geometry will be the focus in this series of
my blogs during 2024.
I begin with Euclidean Geometry which greatly
influenced the domination of axiomatic-deductive methods in analytical
processes for many centuries.
In several ancient cultures
there developed a form of geometry suited to the relationships between lengths,
areas, and volumes of physical objects. This geometry was codified in Euclid’s
Elements about 300 BCE on the basis of axioms, or postulates, from which
several hundred theorems were proved by deductive logic.
The axiomatic method, in
logic, is a procedure by which an entire system is generated in accordance with
specified rules of logical deduction from certain basic propositions (axioms or
postulates). These axioms, in turn, are constructed from a few basic terms that
are taken to be primitive and “assumed” to be unassailable.
The deductive method goes from
general to particular; that is, initially it starts with a wider and
generally-accepted truths and gradually it narrows its focus on one particular
area that needs validation.
We can already see some strong parallels here - with how entrepreneurs formulate strategies to achieve
specific goals! They start with some unassailable assumptions about the market
and then proceed to validate the market value propositions that they have
conceived.
The entrepreneur’s choice of strategy
is often dictated both by the initial assumptions as well as the process of
validation in the market place. It is not difficult to see how the challenge of
ensuring that the strategy is effective depends on both the choice of those
unassailable initial assumptions (axioms, postulates) as well as the creative
ingenuity of working from and around them to convince the market about the
validity of an exciting new proposition.
In Euclidean Geometry the
choice of the axioms may be motivated by the observations in the “real world,”
but once the axioms are accepted, the real world is left behind and the
manipulations of the mathematical objects becomes purely a robust work of the
mind to create new paradigms. Done with appropriate care, the axioms can be
very potent in deducing a whole world of new mathematical properties that can
be transported back into the real world for new observations. Two very
important characteristics of axioms are Consistency (axioms don't contradict
each other or no deduced theorems contradict each other) and Completeness
(any undefined terms in the axiom or deductions of that axiom can be shown as true or
false).
Entrepreneurial efforts also seem to show an uncanny resemblance to the manner in which axioms are worked upon in geometry. The unassailable assumptions are nothing more than initial observations of the current status of how the real world of the market is “coping” with products and services that are on offer.
Successful entrepreneurs
consciously and carefully follow up on (a) checking that the assumptions they
have made do not contradict any other known facts of the market (consistency)
and that there is no ambiguity in them which will later result in go/no-go
dilemmas (completeness)’ and (b) innovating and creating prototypes of both a
re-defined marketplace and alternate routes to penetrate such marketplaces.
Deducing the right strategy
for entrepreneurial success dictates robustness in both of the follow up
areas.
Euclidean geometry has several other interesting features. Can you think of what other areas of entrepreneurship can be correlated to it? Please do let me know and I will be most happy to include it in my next blog.
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