5 ms·
If you don’t have a fall back, you have no choice but to make it work.
by jbs789 11mo ago
If you don’t have a fall back, you have no choice but to make it work.
- JustExAWS 11mo agoOr fail miserably…
- fragmede 11mo agoWhich we don't hear about. Except maybe via GoFundMe.
- b112 11mo agoYou know what? Peter used to say, that every successful company could look back at a defining moment early on, where they would have died had it not been for the courage, and the tenacity, and maybe the insanity of one visionary person who put it all on the line, even though it seemed like a huge mistake at the time. A moment where all the metrics and the numbers didn't mean anything. It was all about the emotion. It was about belief, rational or irrational. And I think... I hope that I just witnessed that.
- raw_anon_1111 11mo agoOn the other hand, no matter what you do, you can’t invest like Warren Buffett. https://www.forbes.com/sites/adamhartung/2014/11/19/why-you-cant-invest-like-warren-buffett-and-shouldnt-try/ https://www.forbes.com/sites/adamhartung/2014/11/19/why-you-... The whole idea of succeeding by “grit” makes way too many people too idealistic and unrealistic. Don’t get me wrong, Peter Drucker (hopefully that’s the Peter you are referring to) had some great actionable advice. But believing in yourself and having grit is about as banal as “thoughts and prayers”
- anukin 11mo agoI hope it’s Peter drucker instead of Peter griffin
- toss1 11mo agoYou know what? This is indeed where courage, tenacity, and risk-taking make a difference. But what makes the difference in whether or not we hear about it is pure luck and survivor bias. If their luck was just right that with all that push in the right time the deal came through or the product sold, then we hear about what a great success it was, and how important was their grit. And many smart determined people with all the courage, tenacity, and risk-taking in the world have also taken the big risk, but dice did not roll their way, or the hill was just so steep it didn't work, so we hear nothing of them. And their number likely vastly exceeds the few for whom it did work.
- WalterBright 11mo agoAt one point in Tesla's path, Musk was down to a net worth of $200k or so. He laid his entire fortune on the line. How many of us would be willing to do that? Not me.
- jdiff 11mo agoIs that courage or ketamine? I'm not sure there's anything aspirational there, or just a huge streak of vanity. Just look at all the plastic surgery.
- WalterBright 11mo agoIf you think taking drugs is the key to success, well, it's not a path I'd try.
- jdiff 11mo agoI did say, "I'm not sure there's anything aspirational there." But clearly it does have a chance at success, as evidenced by Elon. Or, as it always turns out, it's difficult to fail anywhere but up when you're wealthy.
- WalterBright 11mo ago[flagged]
- jdiff 11mo ago[flagged]
- Teever 11mo ago[flagged]
- venturecruelty 11mo ago
- wat10000 11mo agoCortez burning^Wscuttling his ships.
- WJW 11mo agoAnd if making it by hoping really really hard doesn't work, try suicide or something?