12 Aralık 2011 Pazartesi

Little Bets

“Most successful entrepreneurs don’t begin with brilliant ideas –they discover them” is an important message of the book written by Peter Sims. Little Bets really provides remarkable benefits about innovation, creativity, and entrepreneurship. It shows that we can make a lot of little bets to have as a result a great outcome. Specifically, a little bet is a way to take an affordable risk to discover, develop, and test an idea, according to the author. I also think that little bets are very useful to get to the right idea without making detailed planning. We live in circumstances that rapidly changing times can make us risk-averse, avoiding risk. I think big bets are done by people that wants to attain in immediate way a high outcome level or benefits, by spending too much and risking more, but individual that makes little bets are focused around gradual improvement and constant innovation. Little Bets have given a positive feedback based on strategic and business innovators such as — architect Frank Gehry, Twitter founders Evan Williams and Jack Dorsey, musician John Legend, Apple CEO Steve Jobs, companies like Pixar, Google, General Motors and many other ones, that have done learning while doing mistakes, by identifying new opportunities and building up great outcomes so that they could hit narrow targets in order to hope in one big bet. The book is very interesting and as a conclusion i can say that nothing has started with a big idea...

2 yorum:

  1. For the correct and useful discovery (efficient one)bases on the observation in my opinion.How much you believe in your ideas means how much you bet for it.For the true action a warily observation is needed.Thanks for your ideas.

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  2. yes it a good point mr Ismail mentioned. The more you believe in your ideas the more you tend to bet on it. but what if your believings does not match with actuality?

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