Entrepreneurship on Line

Aiming for skilled entrepreneurs.

Friday, September 26, 2008

Critical Threshold

The notion of Critical threshold has been around a while. Wikipedia, the free, on-line encyclopedia, says:
Critical threshold, a notion derived from the percolation theory, refers to a threshold, that summons up to a critical mass. Under the threshold the phenomenon tends to abort, above the threshold, it tends to grow exponentially. In cases where the phenomenon is not sudden and takes time to operate, in the form of a transition phase or phase transition, we talk about a critical phase more than a critical point that would mark a clear threshold.
This is yet another way for entrepreneurs to think about their products and services. Where is that critical threshold for my product? What do we have to do to get there? What resources will it require? Do we have them inhouse or do I have to go somewhere to get them? What is it going to take for that to happen?

Entrepreneurship informs all my professional activities. If something I say grabs you, post a comment. For entrepreneurial real estate go to www.yourstopforrealestate.com/blog. For entrepreneurial writing, go to www.kearneymusicschoolmurders.com

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