Pattern Breakers

Vinod Khosla: Your willingness to fail is what will let you succeed

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Jun 1, 2021
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ADVICE

Balancing Risks

  • Balance different risks like market, product, engineering, and financial risks.
  • Decide which risks to take, in which order, and how much.
ADVICE

Prioritize Big Risks

  • Address the biggest risks first to fail early and cheaply if necessary.
  • If a key risk doesn't work, pivot based on solved problems.
ANECDOTE

Jack Dorsey's Success

  • Jack Dorsey, despite early failures, succeeded with Square by balancing vision and tactics.
  • He focused on short-term steps while maintaining a long-term vision.
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