Remove conventional-wisdom
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Reward success and failure. Punish only inaction.

Berkonomics

And there are limits of course. Of course, the major hits paid for thousands of misses. In venture capital, the conventional wisdom is that one in. Reward failure? . That may be a difficult concept for an executive. There are “good” failures. Speak about insanity. Only two percent of all records released broke even.

Course 156
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Should you battle the dragon? Or just avoid the encounter?

Berkonomics

At least that is the conventional wisdom. So, when do we know which course to take? Sometimes a competitor is just too entrenched, too strong, too well equipped to directly face in battle. Yet, there are constant examples of new entrants into a niche that do grow, prosper and sometimes even become dominant. Refuse to engage?

Resource 156
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Reward success and failure. Punish only inaction.

Berkonomics

And there are limits of course. Of course, the major hits paid for thousands of misses. In venture capital, the conventional wisdom is that one in ten investments will more than pay for the complete loss of half of those ten investments. Reward failure? That may be a difficult concept for an executive.

Course 120
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How to battle the dragon AND avoid the encounter.

Berkonomics

At least that is the conventional wisdom. So when do we know which course to take? Sometimes a competitor is just too entrenched, too strong, too well equipped to directly face in battle. Yet, there are constant examples of new entrants into a niche that grow, prosper and sometimes even become dominant. Quietly abandon a niche?

Resource 120
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Here is How to Make Sense of Conflicting Startup Advice

Both Sides of the Table

Of course triangulation is a mathematics term that is used in sailing and other activities to help you better navigate when you don’t have your bearings. Some may be repeating long held conventional wisdom that is not necessarily still relevant while others might have views that sound like total heresy. Triangulate.

Startup 407
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23 Startup Tips From Oprah Winfrey

InfoChachkie

When I began gathering examples of Oprah’s wisdom, I expected to identify a handful of quotes relevant to entrepreneurs. To my surprise, I identified dozens of worthy bits of wisdom. Of course not. Contrary to conventional wisdom, entrepreneurs are typically not blind to risk. Chicago, a glorified cooking show.

Tips 279
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To Be Successful You’ll Need to Shake Hands and Kiss Babies.

Both Sides of the Table

” OF COURSE! Of course they don’t. Of course I’ll be in Austin next week. Of course I needed to be in Chicago to meet THEM but I didn’t word it that way. Not to succumb to the false argument that Skype is good enough (it is, of course, once you have a relationship). And stop buying into conventional wisdom.

Press 364