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We encouraged our top executives to learn to say three difficult things: I made a mistake (and this is what I learned from it). I don’t know (but I will find out). I need help (and here is my idea about how to get it).
The Stoic Capitalist
Robert Rosenkranz
A magical business model is one that catapults a startup into the 10x Club, that rare tier where a company is valued at over ten times its revenue. 28 There is a clear set of criteria to determine if a startup should be valued in the 10x Club; I will share those criteria later in the chapter. First, let’s meet a 10x Club startup grappling with a crucial question: should you prioritize growth or profit?
The Experimentation Machine
Jeffrey Bussgang
When you make and/or lose a lot of money quickly, without the ability to see exactly why and how the windfall or bust happened, it can lead to financial nihilism. When you see—or think you see—other people doing the same, it can lead to financial nihilism. When you work very hard and do All the Right Things (as Dave Ramsey, or some other financial guru, would have you do) and then proceed to lose most of your net worth in the course of a month due to unexpected circumstances, it can lead to financial nihilism.
The Scandal of Financial Nihilism
read.lukeburgis.com
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