Peter Sims give us a valuable information based on real
experiences, through interviews related little bets effects in different
fields, stories from comedians, military leaders, filmmakers, architects, and
even a few entrepreneurs.
As Sims explains, his book's proposition is based on an
experimental approach that involves a lot of little bets and certain creative
methods to identify possibilities and build up to great outcomes eventually,
after frequent failures.
At the core of this experimental approach, little bets are
concrete actions taken to discover, test, and develop ideas that are achievable
and affordable.
Chris
Rock, Beethoven, Toyota, Frank Gehry, and Pixar to describe a method for
“learning by doing,” using sophisticated methods of iteration and testing that
employs six core principles:
1- orient
to a strong mission but be flexible about the output
2- experiment to learn quickly by
failing fast
3-
immerse in the real world to understand problems and needs
4-
define specific problems and opportunities
4-
generate creative possibilities
5-
builds around small wins, and, iterate repeat, refine, test
6- build – a series of small bets
that can open unlikely transformative opportunities and outcomes.
In
nineties in Albania little bets were all new opportunities of trade for goods
such as consumption, gods, confections, furnitures, row material for a wide
range of industry home equipment and services. By the year 2000 – the
construction and investing on different fields of industry were the main
choices of market coming from the opportunities that offer the market and exploring
testing and studying the market the managers improved the little bets and they
companies that slowly maybe will be big and important companies not only in
Albania.
Esmeralda Vladi
Very nicely put Esmeralda. I think that those little bets and initial phases of big entrepreneurs have been the most difficult for them.
YanıtlaSilAs Berlusconi has said: Do not ask me how I earned the first million. About the others I'll tell you in detail.
I totally agree with you.Starting point is always the most important
YanıtlaSilstep because you must know the right act and do it in the right moment with the right sources.It is like a cross point in the street "what you decide in that moment -you decide for your street and sometimes for entire your life"
It is very well defined by you that it's all starts from little bets. The book offers a new way of thinking that we have learned in our schools bringing successful examples of successful people. I really like the idea on how big things comes through little bets we do, and of course if you fail, is just a little bet not more but if you succeed than go further and develop your ideas.
YanıtlaSil