4 ms·
Theres no denying the importance of luck in the outlier outcomes. Thats why a fundamental heuristic of any startup idea you work on should be: "would i be proud
by fiachamp 12y ago
Theres no denying the importance of luck in the outlier outcomes. Thats why a fundamental heuristic of any startup idea you work on should be: "would i be proud i worked on this problem even if i don't get an outlier outcome?" If you can't say 'yes' to that, you probably won't have the fire to overcome the unpredictable obstacles that will fight you every inch of the way.
Ultimately, that means shifting from a 'risk calculating' mindset to an 'exposure mindset.' Instead of 'what are my chances of success', 'am I cool with potentially spending years of my life on this problem regardless of outcome'? The exposure perspective is the basis for 'antifragility' and honestly makes life quite a bit easier and more satisfying to live.