Furniture Company Of The Future

  

BUSINESS SCALE-UP!! Help us Franchise our Business!!!

  

Great Opportunity in the CBD Infused H2O Market

  

JV/Finance Partner Home Building Opportunity

  

Equity ownership in US ICW NC Marina, Boatel, Condos, Restaurant Hunt/fish club

  

Social Network to publish good deeds and get rewarded - Rev. 01

  

Multipurpose event venue catering specifically to Esports & gaming enthusiasts.

  

Own part of renewable energy Anaerobic Digester in Canada with promising returns

  

Northern BC Canada Pre-IPO Mining Prospect Generator

  

MariGreen Farms (MGF) - Cannabis Grower

  

Cannabis Industry - Secondary Market Opportunities

  

EMPOWER WITH PRIME

  

Join the Green Rush!

  

Disaster restoration company

  

Floating

  

400 000 Warrants available for pre IPO USA Tech startup.

  

Pet Treat manufacture with huge growth potential in $28 billion dollar sector.

  

Commercial Roofing Opportunity- Lucrative Margins

  

Breathe Activewear

  

Silo Estate Investment Proposal

  

www.EthanTrader.com "Ethan" the Ethereum Trading Bot. 9X Gains Per Year.

  

New Lawn turfgrass company

  

Bakery Opportunity

  

You have found the perfect investment if..

  

Mobile Application for Planning Events

  

Own part of a Natural Gas station in Burnaby BC

  

Profitable Adventure Park Operator Requires Capital To Add More Locations

  

Lake Muskoka Marina - investment with lots of growth potential!

  

Franchise Opportunity

  

Canadian Cannabis Microgrower

  

Magnaboard Product Launch

  

Real Estate limited partnership / RE investment syndicate

  

Residential New Home Construction

  

Aumi Light

  

Cedars Taphouse & Grill

  

Apartment Development - High Cap rate

  

Automated Drive Thru Intelligent Assistant - via Artificial Intelligence

  

Restaurant Franchising Opportunity

  

Cannabis Production Facility

  

BOAA - Blockchain powered video game

  

 

Canadian Investment Network


Recent Blogs


Pitching Help Desk


Testimonials

"Our small, early-stage company recently signed up for your service. We got numerous inquiries, several of which we are pursuing, and hopefully will find an investor partner as a result. It is almost impossible for young companies to attract investment capital in the current financial climate, but you managed to bring a number of qualified and interested parties to the table. I would recommend your service to any early-stage company seeking capital. Bruce Jones, CFO "
Bruce Jones

 BLOG >> Recent

Magical and Functional Thinking [Psychology
Posted on May 17, 2018 @ 10:57:00 AM by Paul Meagher

There are many types of thinking but for the purposes of this blog I propose to divide the universe of thinking into two types: Magical and Functional.

Magical thinking occurs when we don't understand the functional nature of something. Functional thinking occurs when we are attempting to understand how something functions or have figured out how something functions and can apply that knowledge to solving problems.

The world is very complex and our understanding of many aspects of it are at a magical level. How does your car work? How does the forest work? How does your home plumbing work? How does your home electrical system work? How does your computer work? You may think you know the answers to these questions but as soon as you are confronted with the problem of fixing or evolving these systems, some magical thinking is often revealed.

On my walk today I wondered how much of our thinking about starting a business is magical version functional. Some entrepreneurs believe that passion, hard work, and faith are key. This seems pretty magical to me but I don't know that I can criticize it too much in terms of results. Many of our ancestors had this ethos.

There is a bit of magical thinking involved in starting most businesses. The most critical piece of magical thinking are the leap of faith assumptions that define what the startup believes to be true, but without much actual supporting evidence in the early stages of the business. A major goal in lean startup theory is to test these leap of faith assumptions so they become a functional theory of the firm. Some magical thinking is at the core of starting a new business but it generally gets converted to functional thinking as the leaps of faith are tested and refined in the marketplace.

The term magical thinking is often used as as a put down in debates. A recent example is The Magical Thinking of Ecomodernism. The solution to alot of the problems of modernity may not be solved simply through a clear functional understanding of how things work, it may also require some magical thinking involving passion, hard work, and faith that local solutions can be found.

Permalink 

 Archive 
 

Categories


 Agriculture [67]
 Bayesian Inference [14]
 Books [14]
 Business Models [24]
 Causal Inference [2]
 Creativity [7]
 Decision Making [15]
 Decision Trees [8]
 Design [36]
 Eco-Green [3]
 Economics [11]
 Education [10]
 Energy [1]
 Entrepreneurship [54]
 Events [2]
 Farming [19]
 Finance [25]
 Future [15]
 Growth [17]
 Investing [23]
 Lean Startup [10]
 Leisure [5]
 Lens Model [9]
 Making [1]
 Management [9]
 Motivation [3]
 Nature [22]
 Patents & Trademarks [1]
 Permaculture [34]
 Psychology [1]
 Real Estate [2]
 Robots [1]
 Selling [11]
 Site News [13]
 Startups [12]
 Statistics [3]
 Systems Thinking [2]
 Trends [5]
 Useful Links [3]
 Valuation [1]
 Venture Capital [5]
 Video [2]
 Writing [2]