How can a startup use the simulation approach discussed in Rogue Waves to prepare for potential threats?

A startup can use the simulation approach discussed in Rogue Waves to prepare for potential threats by following a simple sequence to simulate futures. This involves using a simple pen and paper approach supplemented by spreadsheets. The key is to know how to structure the simulation and ask the right questions. This method follows the 80/20 rule, which suggests that a significant outcome can be achieved with limited resources. By simulating different scenarios, startups can anticipate potential threats and devise strategies to mitigate them.