Prokez

@PromiseOkez

God Chaser | Husband | Father | Bond-Servant

Joined August 2019

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dele osunmakinde

@deleosunmakinde

13 days ago

My PhD research is framed by the effectual logic developed by the scholar Saras Sarasvathy. She set out to study a very particular and fascinating group of people. She wanted to understand how genuinely expert entrepreneurs actually behave, those who had successfully built thriving ventures not just once, which could simply be attributed to luck, but repeatedly, which points instead to mastery and skill. What she discovered surprised a great many people in the business world because it challenged much of what traditional business education had long been teaching. These seasoned entrepreneurs did not behave like forecasters at all. They did not begin by trying to predict the future and then work backwards from their predictions. Instead, they behaved like resourceful builders, creatively working with whatever resources, relationships, and opportunities were already within their reach. She gave this distinctive way of thinking and acting a name. She called it effectuation, a slightly technical term, and she distilled the entire approach into five clear, practical, and remarkably simple principles. I am going to introduce all five briefly here, and then devote an entire section to each of them later, because together they form the very backbone of everything I want to teach you. The first principle is simply this: start with what you hold. Do not sit around waiting for ideal conditions, perfect funding, or a flawless plan. Begin today with who you already are, what you already know, and the people you already know. The second principle is: risk only what you can afford to lose. Instead of asking the gambler's question, "How much might I gain?" the wise builder asks a steadier and more disciplined question, "How much could I genuinely afford to lose?" and then refuses to risk anything beyond that. The third principle is: build through partnership. Grow your venture by patiently weaving together a patchwork of people who are willing to commit themselves to the journey alongside you. The fourth principle is: turn your surprises into opportunities. When the unexpected happens, and it certainly will, treat it as raw material for something new rather than as a disaster to be mourned. And the fifth principle is: shape the future rather than trying to predict it. Invest your limited energy in the things you can actually control, and then act with conviction, trusting that committed action shapes outcomes in ways that anxious forecasting never can. Now here is what struck me most powerfully in my own research, and it is genuinely the hinge upon which this entire work turns, so I want to slow down and make sure you see it clearly. Long before this way of building ever received a sophisticated academic label like effectuation, the Scriptures had already described precisely the same posture toward life. The Bible had already captured this way of thinking, living, and acting centuries before modern entrepreneurship gave it a name. And the Scriptures had a name for it too. It is called faith.

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Prokez

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