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Embrace Bold Experimentation for Big Wins
Identify the critical problems to solve and the missed opportunities that could enhance growth. Maintain a list of potential ideas, acknowledging that only a fraction will be actionable due to limited resources. While conventional wisdom often guides decision-making, significant returns frequently arise from challenging norms. Taking calculated risks, even with low success rates, can yield substantial rewards, as a few successful ventures can cover the costs of many trials. The potential for extraordinary outcomes in business, unlike in baseball, justifies a bold approach to experimentation.