Reality is complex, so in order to comprehend it, we use mental models. Having more models under … [+]
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Reality is complex, so in order to comprehend it, we use abstractions. We cannot hold the whole terrain in our mind – every single tree or blade of grass. Instead, we create and use maps to represent it in a resolution that’s manageable for our cognitive capacity.
In this example, the map is a mental model of reality. We use different mental models to represent different aspects of reality, and each field of knowledge has its own commonly used abstractions.
For example, in the field of startups, those are the minimum viable product, minimum viable segment, validation, traction, etc.
Knowing these concepts is crucial because it lets you comprehend, analyze, and predict reality in the field of startups.
Most mental models, however, are multi-purpose tools, and it could…
