Luck vs. Skill

We couldn’t stop thinking about our conversation with Annie Duke and how we can make better decisions.

So this week, Jonathan and I discuss the roles of luck vs. skill in making the best decisions for your business:

Why the stories we tell ourselves about our luck vs. skill aren’t always true.

Why most of your business bets will be small-ish stakes (a series of pivots) vs. flinging yourself into the volcano.

The early signs your bet is working—or not—and why we tend to ignore them.

How to make your feedback loops shorter to increase your longer-term likelihood of success.

Why it’s helpful to determine the roles luck vs. skill played in past big decisions (and the factors we consider).

LINKS

Recent Episodes:

Recent Episodes: