Building a Portfolio of Small Bets

The speaker encourages aspiring entrepreneurs to create a portfolio of small bets by starting with what they know and giving away valuable information to their audience. By watching for demand signals and answering questions, they can gauge interest and identify opportunities to create products or services. The process involves staying open to inspiration, exploring different ideas, and recognizing when there is more to offer than can fit into a tweet or message. By diversifying their efforts, entrepreneurs can navigate uncertainty and find motivation in small wins.