3min snip

Bankless cover image

Why Bubbles are Good | Byrne Hobart

Bankless

ADVICE

Evaluating Risky Bets

  • When considering high-risk ventures, assess your satisfaction with the day-to-day process, regardless of the ultimate outcome.
  • Ask yourself if you'd repeat the experience even with a mediocre result, having built something valuable and worked with a good team.
  • If the work aligns with your values and involves collaborating with people you respect, the journey itself holds significance, even without the desired financial reward.
  • There's a substantial difference between a highly successful exit and a less lucrative one, but finding fulfillment in the process can mitigate the disappointment of not achieving maximum financial gains.
  • Prioritize building something meaningful with a team you enjoy, which can provide a sense of accomplishment regardless of the financial outcome.
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