AI-powered
podcast player
Listen to all your favourite podcasts with AI-powered features
Importance of Building a Portfolio and Persistence in Entrepreneurship
Building a portfolio of companies with outsized outcomes is crucial for seeing significant returns. It's essential to have more than one company with an outsized outcome to maximize returns. Even if a venture doesn't provide significant returns, it's still worth the effort as it fills in the basis and can lead to a magnified return. Entrepreneurship also requires persistence and fighting for the best outcomes for all stakeholders, even in difficult situations.