How to Bend Reality and Manipulate the Odds in Life and Business
Apr 03, 2024
Entrepreneurs have a thirst for speed.
In many ways, that’s a good thing. But here’s where it can go wrong.
Sometimes, the options for taking action are mediocre. But instead of recognizing that and waiting for an opportunity with a better ratio of risk to reward, you tackle a project with little potential.
The solution? Asymmetry. Only go for opportunities with low downside risk relative to high upside potential. These are asymmetric bets.
Productivity is not about brute force. It’s about being more selective with your time, energy, and attention.
If choosing wisely will determine your destiny, and you believe it’s a skill you can improve, join me for this quick video on the art of spotting asymmetric bets.