Increase Your Failure Rate Today
from The Diary of a CEO: The 33 Laws of Business and Life by Steven Bartlett
How to Apply This
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Treat most decisions as reversible experiments. Before overthinking, ask: is this a 'Type 2' decision (low risk, easy to reverse)? If yes, act quickly and iterate.
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Celebrate and document failures. Institute regular team or personal reviews of what didn't work, extracting learnings and sharing openly to prevent repeated mistakes.
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Remove bureaucracy. Streamline approval chains and grant authority to small teams or yourself to execute ideas fast, only requiring caution for truly irreversible choices.
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