3min chapter

My First Million cover image

#197 with Dharmesh Shah - Frameworks for Becoming a Billionaire (From a Billionaire's Perspective)

My First Million

CHAPTER

How Do You Assess Ideas?

Sico: The common mistake people make is that they will look at the probability of success first and almost exclusively, as the high order bit filter. Ike: Good ideas are dangerous because what you want to find are the great ideas. You don't have to find them before you start the company. Wecan talk that, ah, so bad ideas are easy to spolo t. That's just a bad idea. And cychlics et up being good? But just, a failureis not up for debate.

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