3 ms·
>the faster you fail, the better your chances of success, and the more time between attempts, the more likely you are to fail again This is confounded by the f
by Fernicia 7y ago
>the faster you fail, the better your chances of success, and the more time between attempts, the more likely you are to fail again
This is confounded by the fact that the closer one is to success the more frequent their attempts tend to be. The article doesn't indicate the research took this into consideration.
e.g. Golfers takes shots more frequently the closer they are to a hole. But telling a golfer from the start to take a series of frequent short shots is bad advice.
- keymon-o 7y agoGolf match should not be defined as a consecutive failures before a potential success, but more of a set of strategic actions before a potential success. But yes, it is not defined what they took into account. e.g. Calling the same potential client hundred times in a row, can get you a restraining order only. If qualitative input and output of an attempt would be taken in account, quantity of an attempt would not really be that significant.
- vannevar 7y agoIt is also confounded by the element of ruin, the ability of a gambler to stay in the game based on their stake. It's reasonable to suppose that some of the lag in re-try times (particularly with regard to startups) is attributable to raising money, which will be much easier for someone who starts out wealthy to begin with, even if they're not directly investing their own funds.