davidkatz
Joined 16 years ago
Joined 16 years ago
If I have two hundred dollars in my pocket and without you knowing anything else, you might assess my value at two hundred dollars. However, if I had a thousand this morning and I'm standing at a slot machine with no sign of giving up, you'd probably think my $200 are on the way out.
If you're building something that addresses a novel value proposition ("a machine that turns water into wine") you can say it like it is and expect at least some conversion from an audience which cares about your promised value.
When your value proposition is something like "better product management" you're competing with dozens of products which people already use and are happy with. Just saying "we're a better tool for product management" isn't going to fly. You'll need to communicate exactly why you're better.
I appreciate the friendly "talk to us anytime and we'll walk you through it", but I think as a strategy that suffers from a similar problem. It's not going to work with a muddy value proposition, most folks just won't bother.
Personally, I'm allergic to the word 'Entrepreneur', whenever I hear it I wince. Just say what you're building, plain and simple. I also wouldn't call myself a Web Architect, I don't really understand what that means, it just sounds fancy.
Also consider not giving yourself a title at all. If you really want a title, I'd go with something humble like "a guy who builds stuff on the internet".
For reference, this is my personal site: http://www.davidkatz.me/
The idea that Tetlock puts forward is that pundits divide into two categories, Foxes and Hedgehogs. Hedgehogs explain the world and make predictions according to one large all encompassing principle. Foxes don't, and apply different principles to different circumstances. Tetlock concludes, and Silver endorses this, that Foxes are better at understanding the world than Hedgehogs.
An example might be the (proposed) principle that free markets lead to increased prosperity. A hedgehogy capitalist might state the above as a broadly applicable principle. A foxy capitalist might opt for something like: "yes, many times increased freedom makes us prosper, but sometimes it doesn't, it depends, let's talk about the specifics".
I take this to be an argument about complexity. The fox side of the argument is roughly that the world is more complex than most people allow for, and one principle or world view will usually not cover an area of knowledge well.