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Embrace Failure to Stay Competitive
The key to success lies in embracing failure. Jeff Bezos emphasized the importance of making big swings and failures as a means of learning and making the right decisions. Startups need to be prepared to go all in on their best ideas without hesitation, while big companies can afford a portfolio of products to stay afloat. To stay competitive, founder-led tech companies must take big shots that they might fail at, ensuring they stay relevant in the market.