Catching Timing
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Transcript of Catching Timing
TI:MI:NGOpportunities out of cHANGE
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Alejandro Pedrosa Díaz @apedrosadiaz
November 2015
WHY TIMING MATTERS
Peter Temin: “GDP per capita in Roman Italy (early Roman Empire) was comparable to that in the late 17th century in England and Holland”
Jesús Huerta de Soto
“After hundreds of years of decline, what would’ve happened to civilisation if the free market Roman area hadn’t collapsed?
Maybe we could’ve landed on the Moon in
the 9th”
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This allows the team some room to fail and try new things (pivot your idea) without needing intense amounts of funding
WHY TIMING MATTERS
The awareness of Timing (TMG) gives us access to new markets with the potential for rapid and sustained growth
Only once you’re adapted to TMG it’ll be necessary to write a Business Plan if the costumers or investors ask for it
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WHAT IS TIMING
Our world is dynamic, it’s continuously changingTMG is the selecting of the best time for doing something in order to achieve the desired effect
New companies are started up after old ones do not catch the new TMG on time
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WHAT IS TIMING
New ideas are like seeds
Many people will have the same one
But they will only grow when the TMG is right
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WHAT IS TIMING
Startups pivot their business ideas to adapt them to the actual TMG
- Is the world ready for your idea? - Is it too early or too late?
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Every big idea has its own TMG. The point of it is to catch the opportunities that
are to come, as well as not to start up ideas with no TMG that have already been executed several
times with no success
Ideas need to be executed in the right time
WHAT IS TIMING
If , or hadn’t been well-executed, other entrepreneurs would
eventually have come up with the same idea because its time was right
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Many times, the widespread use of a new innovation makes possible the opportunity of
satisfying an old necessity in a new way. This is seen as a disruption
WHAT IS TIMING
How does the whole
environment change?
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Incentives
Imagination
Risk
Creativity Previous knowledge
Innovation
Incentives inspire people to imagine the outcomes of their innovations after using the previous
knowledge and their creativity while taking risks
New Timing
WHAT IS TIMING
Why does the
TMG change?
Irrationality
Socioeconomic factors
Innovations
Culture
Economic situation
New opportunities
New problems
BehaviourStyles
Necessities
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Connect the dots every
moment gives you
HOW TO CATCH TIMING
The widespread use of some
new innovation
Crisis Culture in the region
Old necessities
New styles
Get more dotsConnect - disconnect - connect
Hitendra Patel
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THE TIMING FLOWCHART
Go ahead!
Quit New TMG
Does your idea have TMG?
Anything related to
TMG?
Did anyone do
it?
Was it possible?
Quit
YesYes
Yes No
NoNo
If the right TMG was there and you think no one had your idea, ask yourself why
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