To grow your business, you have to make big bets
ramp.com
To grow your business, you have to make big bets
Instead of pursuing options that cap downside while also capping upside, make bets that have asymmetric pay-offs: If you win, you win big. If not, you’ve gained valuable skills, relationships, and reputational benefits that will carry you over to your next asymmetric bet.
Erik Torenberg • Reconsidering Career Optionality
In the last two weeks, I've been ruminating on this post from @sama.
It's a simple observation, but one that cuts to the heart of entrepreneurship and venture capital.
While most of the world minimizes risk, every great enterprise exists because someone once chose to make a deliberate,... See more
Alfred Linx.com