Entrepreneurship and fitness landscape.
A fitness landscape model is a metaphor used to think about the processes of evolution acting on a biological entity.
This entity can be viewed as moving through a search space with two kinds of decisions:
Explore maximum number of landscapes or maximum number of variations.
Exploit the most out of a particular landscape.
This principle is applicable to entrepreneurial search for a repeatable, scalable and sustainable business models(Explore). Once a working model is created then the entrepreneurs job is to make it work. (Exploit)
The following video give a fair idea about the metaphor of fitness landscapes.
https://twitter.com/mwseibel/status/1217475972368236545
https://twitter.com/mwseibel/status/1217475972871540736
https://twitter.com/susleec/status/1217477458137624577
https://twitter.com/pontific8/status/1217868952610713601
https://twitter.com/susleec/status/1217873251197689856
https://twitter.com/johnywrites/status/1237106550616895489