Learning by doing - a good strategy?
Lindsay Davis
37 replies
I'm talking about cases where someone has a great product or business idea and immediately begins working on it, but lacks any theoretical knowledge in areas like business, marketing, leadership, and other essential fields for steering the product towards success.
Is it a good strategy?
Replies
Anton Gera@thisisanton
Spotely
Yes, especially when you launching products. You will NEVER get a real understanding of product market fit BEFORE you actually launch a product. You can perform all the research in the world, spending $$$ but it is actually better to create an MVP and launch it asap.
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@zhangzha Well, title and description are talking about different things.
I donāt think you should rush into doing something youāre not completely comprehending.
Itās not ideas that end up being valuable and end up being successful products. Itās solutions to problems you understand well.
Yes, for the most part with one caveat.
A lot of learning is wasted (or at least not utilized in its full potential) because it is not applied. Many people accumulate more and more knowledge for "someday." And I often see people telling themselves they "need more research" before getting started on bringing to life their biggest ideas. This is a form of perfectionism.
This is all fine, and there are even some benefits to curiosity-based learning and incubating ideas and knowledge for creativity.
But the most effective way to deepen learning is to learn by taking action.
The caveat I mentioned above is that to truly maximize the "learning by doing" strategy, you also need to add in "reflection" and create an Action*Reflection cycle.
Without reflection on the actions you are taking, you do not maximize learning. You need reflection to see what's working, what's not, and make strategic adjustments.
I believe this is a good strategy. Unfortunately, knowledge does not guarantee success. However, you can always hire people who have knowledge and skills in certain areas and learn from them while working on projects together.
Absolutely. But first you have to gain knowledge and then try to put it into practice. That's the best way
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Yeah, it's the best way to learn. You can read every book about product development, learn every javascript library, listen to every audio book about grit and leadership and every buzzword on the planet but you will only have consumed that content and not produced or BUILT anything.
Build quickly, fail fast, move forward and learn along the way.
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Jumping into a great idea without prior theoretical knowledge in any area can be a bold step. While direct action and hands-on learning can be quite valuable, combining this hands-on approach with some theoretical understanding could significantly enhance the chances of your success
@darya_skd i agree with you
WeCooked
Yes! Iāve tried many method as Iāve grown up and the best of them all is learning by just doing. Especially with startups you need to just launch your minimum viable experience and get started. Learn from whatās not working and figure out how to get something working.
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100%! No other way to learn in my opinion. Just build and learn on the fly, and iterate as quickly as possible, while also taking all the learnings.
It's obviously easier said than done, but so efficient.
Learning then doing is very dangerous because it hypes your ego, there's that feeling after learning something (feeling like a pro thing)... I prefer learning by doing.
I also would be interested in getting the answeršš¤£
yeah its a very good strategy
I think learning while doing not really by doing, so you have to keep educating yourself and be open to it and know that you will potentially face more hurdles and challenges, but I think some of us get stuck on the theoretics and just work better in the action! So I think it definitely depends on the person. But as one of my favs, Marie Forleo, once said āeverything is figureoutableā
Yes! Just do it!
When it's one's idea, I believe that no one can execute it better than that person and definitely should start on it. However, one should always be open to suggestions and guidance in areas where one might lack expertise, such as business, marketing, or leadership, to increase the chances of a product's success.
Yes it isļ¼Rome doesn't build in one day and if you're always waiting on your own ready, you may never be ready. Because everyone inevitably becomes an information cocoon. So do it!
@imlindsay
The "learning by doing" approach, while valuable for gaining practical experience and learning from mistakes, is most effective when complemented with theoretical knowledge and guidance from experts. Starting a project with a strong theoretical foundation can help avoid costly errors and provide a roadmap, while hands-on experience refines and adapts the journey. Striking a balance between theory and practice, seeking mentorship, and fostering adaptability are key to maximizing the success of business ideas and projects.