Here’s the dictionary definition of constraint:
Constraint (noun): something that limits or restricts someone or something.
Most people view constraints as a negative thing.
They either fall victim to these constrains
and revise their ambition downwards,
or confront these constraints head-on
and look for ways to eliminate them.
Constraints are neither good nor bad.
Every system always has one.
Your business model is no different.
And there is a third way to view constraints:
To embrace your constraints AND still find a way to achieve your goal.
Rather than downsizing or chasing after investors,
Southwest Airlines leveraged their constraints
and turned themselves into the most profitable airline in the industry.
Facebook’s carefully orchestrated staged rollout strategy
that I often attribute as a big contributor to their success,
also started as a constraint – one of money.
Mark Zuckerberg did not have the money or investors
for a full public launch while he was at Harvard.
So he limited Facebook’s rollout to just 3 schools:
Stanford, Yale, and Columbia University.
Even Google’s minimal search box homepage
was not intentionally simple by design
but a constraint of Larry Page’s coding ability at the time.
So rather than viewing your constraints as limitations,
embrace them as gifts and look for ways to
leverage them to your advantage.
Published on August 11, 2015 05:28