Managing Risk to Build a Moonshot Venture w/ Marc Lore & Austin Russell | EP #103
Moonshots with Peter Diamandis
Data-Driven Entrepreneurial Decisions
The speaker highlights the importance of making data-driven decisions in entrepreneurship, emphasizing the need to remain objective and prioritize new information over past commitments. They discuss the challenge of shifting focus based on emerging opportunities, referring to it as 'digging for silver and finding gold.' The speaker acknowledges the difficulty in stopping to reconsider and redirect investments based on data, recognizing the necessity of making bold and objective choices in entrepreneurship.
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