Holistic perspective

Avoid "deterministic conclusion"

Avoid "single reason" mindset like

• Raised big fund -> Successful startup
• Get university degree -> Have good job
• Hire great engineer -> Have great software
• Offer discount -> Good revenue
• Invest in crypto -> Rich (NO!)

In system thinking perspective:

• Raised big fund + figured out product market fit + good business model + great leadership team + good execution + catch correct technology trend = Successful startup (hopefully)
• ...

Avoid polarization analysis

Polar 1: Blame the most macro "environment layer"

• My startup failed because the investment environment is bad.
  • Are you sure? There are thousands of startups successfully raised fund even in bad investment environment.
  • You meant you failed because of FED?

Polar 2: Blame the most micro "person layer"

• We failed because of that guy, that girl, that person, ...
• We failed because the developers didn't follow the best practices

Try to have a holistic perspectives about the system

Reference to video resource