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Showing posts from December, 2019

More success, More risks

These two quotes, from Jeff Bezos on business risks and Sam Altman on personal career risks, convey the crux of this post. "If the size of your failures isn't growing, you're not going to be inventing at a size that can actually move the needle. Amazon will be experimenting at the right scale for a company of our size if we occasionally have multibillion-dollar failures." - Jeff Bezos in the 2019 Amazon shareholder letter "It’s useful to focus on adding another zero to whatever you define as your success metric—money, status, impact on the world, or whatever. I am willing to take as much time as needed between projects to find my next thing. But I always want it to be a project that, if successful, will make the rest of my career look like a footnote." - Sam Altman For something to make a difference to us, its significance should be proportional to our current situation. When we are kids, earning $10 can be a big deal, as it opened up options that...