How to Fail Smarter: Calculated Risks for Business Success
The Jason Fladlien Show
00:00
How to Minimize the Downside of a Lottery Ticket
In business, the goal is to fail in ways with low or no downside. "I don't like to play games where I'm almost guaranteed to lose," he says. Businesses can also control the types of lottery we play by limiting how much they pay for tickets.
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