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Why Do Smart People Stay Poor (on Impact Theory with Tom Bilyeu Pt 1) | Ep 849

The Game with Alex Hormozi

CHAPTER

Embracing Uncertainty: The Art of Making Calculated Bets in Entrepreneurship

This chapter explores the role of data-driven decision-making in entrepreneurship and the importance of taking calculated risks despite limited information. The conversation encourages entrepreneurs to embrace uncertainty by making 'approximate bets' and emphasizes learning through experimentation for more substantial investments.

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