Little bets...

Try with a little and you may get more, even if you lose its “little” which means better than not to try at all. As the expression says “If you have the will to win, you have achieved half your success; if you don’t, you have achieved half your failure”.  Also In this case betting with little bets means you have the will to go toward victory, but nothing great is ever achieved with any frailer. As it is said no experts or professional is done immediately without previously being a amateur and being amateur means trying hard with little bets until you find yourself achieve great things.

What’s the main idea of little bets?  Little Bets is built on the premise that genius insights don’t spring into people’s minds fully formed. They emerge through a rigorous experimental discovery process. Sims’ theory is that taking small, methodical steps, failing often, embracing failure and then making necessary corrections has allowed successful individuals and organizations to reap unintended windfalls and achieve extraordinary outcomes. One advantage of making small bets is that you learn to cope with failures and to take lessons from them. Continual failure is essential for success, but only in the right environment. Factors that contribute include honest assessment of results, fearless and open experimentation, and a playful attitude to ideas.

The best real example that we lived was the exercise we did in the class which makes clear the theory of Sims.