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One Question Friday: How Will You Teach Your Kids To Be Entrepreneurial?
My First Million
The Marshmallow Test and Rapid Prototyping
The marshmallow test illustrates two distinct approaches to problem-solving in teams: the methodical planning of adults and the iterative prototyping used by children. Adults typically engage in dividing tasks, creating detailed plans, and focusing on building a strong foundation before addressing the final component, leading to frequent failure when the structure cannot support the marshmallow's weight. In contrast, children instinctively prioritize placing the marshmallow first, allowing them to quickly identify and address potential failures, thus adapting their structures to withstand the load. This highlights the importance of rapid prototyping, where early attempts are valued for the learning they provide. By embracing failure and focusing on key risks and assumptions, teams can improve outcomes through iterative testing rather than getting attached to initial plans that may ultimately result in disappointment.
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