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Similarly, when we start any project or business, it is crucial to define the goal. Is it profit? Is it
creating a certain value for customers or solving some difficult problem they’re having? The
more precisely the goal is defined, the easier it is to figure out the road that can lead to it, and the
higher the probability of reaching that goal.
In the case of a business project, we need to use logic to figure out the causes that would lead us
to our final goal. The process is like reverse engineering. We start to trace back the logical
sequence of actions that would lead to a defined goal. This process helps to define the needed
steps to achieve the goal and forms a good basis for a road map for the project.
Let’s take Netflix as an example. They realized that the Internet changed media consumption
patterns. Old school thinking had only one solution for consuming video content: rent a DVD.
But Netflix became aware that there is an easier way to do that – video streaming. The entire
media consumption industry didn’t realize the impermanence of the market and user habits. But
Netflix realized it first, and changed the whole industry forever.
If we respect our colleagues, it brings trust and understanding in the team. We try to avoid saying
something nasty behind people’s backs or to their face, and try to be transparent. Further, the
more we respect our customer, the more trust and loyalty we get back. Great companies like
Zappos based their business model on respect of a customer needs and equanimity and
transparency among the workers.