The fundamental truth of business is “solving a problem and creating value”

17 Feb The fundamental truth of business is “solving a problem and creating value”

એક જ સત્ય વિવિધ ક્ષેત્રોમાં કેટલી વિવિધ રીતે કાર્ય કરે છે! અત્યંત જડ પદાર્થથી માંડી પરમ ચૈતન્ય તત્ત્વ સુધી ભેદ હોય તો પ્રગટીકરણનો છે. સાંઈ મકરન્દ “ધુમ્મસને પેલે પાર” પુસ્તકમાંથી.

Now let’s understand it in life and business.

In short;

The fundamental truth of business is “solving a problem and creating value”, but its manifestation changes based on the industry, technology, and market needs.

A successful entrepreneur or leader understands this truth and adapts it to their domain.

To understand this concept better, let’s take the example of energy—a fundamental truth in the universe.

In Physics (Material Level) – Energy exists as kinetic energy, potential energy, heat, light, etc. For instance, electricity powers machines, heat cooks food, and sunlight help plants grow.

In Biology (Life Level) – The same energy manifests as life force in living beings. Food provides energy for survival, and the heartbeat is driven by biochemical energy.

In Psychology (Mental Level) – Energy takes the form of thoughts and emotions. Positive energy leads to motivation and happiness, while negative energy results in stress and anxiety.

In Spirituality (Consciousness Level) – The same energy is seen as divine or cosmic consciousness. Meditation, devotion, and self-realization help connect with this higher form of energy.

So, while the essence (energy) remains the same, its expression differs depending on the field—from the physical world to the highest level of consciousness. Similarly, truth exists universally, but its form and perception change based on the domain in which it is realized.

In a business context, the idea that “one truth manifests differently across various fields” can be understood through core business principles that apply universally but take different forms in different industries and levels of operation.

Example: The Core Truth – “Value Creation”

In Manufacturing – Value is created by transforming raw materials into finished products (e.g., a car company turning steel into vehicles).

In Services – Value is created through expertise and convenience (e.g., a consulting firm providing strategic advice or a restaurant offering great food and service).

In E-commerce – Value is created by connecting buyers and sellers, offering accessibility and ease (e.g., Amazon making shopping seamless).

In Healthcare – Value is created by improving people’s health and well-being (e.g., a hospital providing advanced treatment or a health-tech startup offering AI-based diagnosis).

In Software Development – Value is created through automation, problem-solving, and efficiency (e.g., a SaaS company creating CRM software for businesses).