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In “The Goal”, the factory runs on dependent events. A widget must first have one thing done to it, and then another thing done to it, and then it’s finished and it can be shipped. Ta-da, we’ve added value to the world and achieved “The Goal”, right?
Let’s take one step back. Widen the view. For the factory to even exist, a few things must be true.
Somebody must know about the widget that the factory produces.
Somebody must perceive the value of the widget.
Somebody must be willing to buy (or trade, or receive) it at the price the factory is selling it at.
These are, in fact, dependent events. And every business has them. Sometimes there’s even departments dedicated to these three steps! It’s called marketing. Imagine having a factory that produces a widget, but you cannot tell anyone about the part. You cannot even distribute the widget for free (read: LTV, word of mouth, referrals). 1 reply
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