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Google's Eric Schmidt — Innovation is managed chaos
Masters of Scale
Embrace Ideas, But Trust Your Instincts
Successful leadership involves acknowledging that great ideas can come from anywhere within an organization, not solely from the top. Personal experiences, such as learning from failures like the Tribe social network, highlight the importance of distinguishing between effective instincts and less valuable ideas. Entrepreneurs should recognize that their instincts may be correct most of the time, but their ideas may not be as reliable. This understanding fosters a mindset where one is willing to experiment with ideas, recognize failures swiftly, and separate those failures from their innate instincts. A proactive approach to testing and discarding ideas without fear can help sustain an entrepreneur's winning instincts.
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