Summary : Little Bets – Peter Sims

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The must-read summary of Peter Sims' book: “Little Bets: How Breakthrough Ideas Emerge from Small Discoveries”.This complete summary of the ideas from Peter Sims' book “Little Bets” shows that the best way to discover promising ideas is by placing lots of idea seeds and then building on those that work. In his book, the author explains how to use the “little bets” approach in six easy steps: experiment, play, immerse, define, reorient and iterate. This summary explains each of these steps in detail and proves that failed experiments are to be expected when trying something fresh and original.Added-value of this summary:• Save time• Understand key concepts• Expand your business knowledgeTo learn more, read “Little Bets” and discover the easy approach that will help you to develop new business ideas.

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Alex Č.je citiraoprije 8 godina
As the noted technologist and inventor Alan Kay once said, ‘The best way to predict the future is to invent it.’ After all, life is a creative process. It all begins with one little bet.
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Alex Č.je citiraoprije 8 godina
“Seasoned entrepreneurs will tend to determine in advance what they are willing to lose, rather than calculating expected gains. Using a little bets approach facilitates operating according to the affordable loss principle.”
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Alex Č.je citiraoprije 8 godina
To become more creative, get into the habit of iterating your ideas. Keep on improving them by polishing your thinking, grafting in new twists and coming up with better, more robust versions over and over.
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