Lessons of Greatness: Why you must master risk-taking to seize greatness

Starting Greatness with Mike Maples

Podcast Notes Key Takeaways  Any breakthrough worth pursuing has a high chance of failureBy definition, greatness requires the willingness to risk failure3Advantages of Taking Huge RisksTaking bigger risks is a competitive advantage such most people avoid big risks, thus there will be less competitionSince there’s a high chance a risky idea will fail, on the chance that it does succeed, the payoff will be massiveEven if your idea fails, if you take a risk no one else has taken, you will learn things that no one else has learnedTake on the biggest risk first, if you succeed, you’ll generate massive value because you’re pursuing the same goal but now with massively better oddsIf you can’t solve the biggest problem, then you can always pivot into doing something else

Read the full notes @ podcastnotes.org



Most people think that risk should be avoided. But Vinod Khosla teaches us otherwise...Risk is something people *take* when they create breakthroughs. This lesson of greatness talks about the key frameworks for why this is the case as well as how to take risks intelligently to tilt the odds in your favor.