In poker, there’s a concept called selective aggression to maximize your winnings - be conservative when you have an okay hand but get aggressive whenever you have a good one.
A few years back, I got a good hand in my career. I was doing really well in the job and had also developed a good rhythm and reputation. I was also getting paid over 3X what I had ever made before, with a path to more raises and promotions.
But instead of doubling down, I decided to roll the die again and take up another opportunity that seemed interesting. Turns out I didn’t roll sixes this time.
The lesson is that life is always going to be a game of chance. When you hit a winner, double down. Explore and extract.
This is true for business as well. It’s extremely hard to find a Product-Marlet fit, but when you do, go all-in and extract as much as possible, rather than exploring another P-M fit. This is also true in investing, relationships, hobbies, or habits.