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Entrepreneur Brad Jacobs, who has founded multiple billion-dollar companies, discusses building billion-dollar businesses, learning from mistakes, fantasy sports, cooking masterclasses, MasterClass memberships, government funds allocation, entering the oil business, the enhanced American Express business gold card, brain-focused meditation, and finding music in life.
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Quick takeaways
- Diversification is crucial in decision-making, including hiring and investing.
- Luck in business is often the result of informed decision-making and seizing opportunities.
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The Power of Diversification and Learning from Mistakes
Brad Jacobs, a successful entrepreneur, emphasizes the importance of diversification in decision-making, particularly in hiring and investing. He shares his experience of making wrong decisions and taking losses, highlighting the need to acknowledge mistakes and cut losses early. He also stresses the significance of building a strong team and hiring executives who can both grow the business and be cost-conscious.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode