To grow your business, you have to make big bets
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To grow your business, you have to make big bets
When dealing with uncertainty, build a portfolio of small bets and work on themConvex bets have more upside than downside. You lose small and stand to win big.
Daniel Vassallo • Daniel Vassallo on Applied Antifragility – Visión Periférica Podcast • Podcast Notes
Does your organization regularly make aspirational and bold bets to deliver an outsized impact? Does it have a portfolio of ideas to diversify risks? And does the company have mechanisms to regularly defund and close initiatives that don’t work?