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RE: Daring to fail – Introducing me and my entrepreneur jurney!

in #entrepreneur6 years ago (edited)

Welcome to Steemit!

Alan Kay says: you want to try many things and be willing to fail. Because, quite paradoxically, it's the least riskiest path to succeed.

Just like in any sport. Baseball, not golf. And just like in finance.

It's easier to deal with many small losses and a few large gains than many small gains and a few large losses. Same sum. Path dependence.

40% batting average sounds bad? But that's the world record. A few major successes, and many small failures is very risky, in the absolute sense, yes. But also it's the least risky path to actually get above threshold progress.

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