Why Bubbles are Good | Byrne Hobart
Bankless
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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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