The hottest Risk-taking Substack posts right now

When the government changes hands, people's views of reality seem to shift based on their political party. It's like their feelings about the economy and events depend on who is in power.
People often see actions taken by the opposing party as harmful while justifying their own party's actions as protective. There's a strong bias in how we interpret government actions depending on which side we support.
Overall, any intervention is viewed differently depending on who it comes from. It's acceptable when it is from your own party but seems threatening when it's from the other side.

Seed investments need to be reasonably unreasonable.
If an idea seems reasonable, it's probably already common.
To succeed in seed investing, find opportunities that are initially unreasonable but can be explained and accepted by those in the know.

Elon Musk's leadership style involves intensity and high standards, pushing employees to their limits for groundbreaking achievements.
Musk's "Algorithm" for product development includes questioning every requirement, deleting unnecessary parts, simplifying, optimizing, accelerating cycle time, and automating.
Musk's problem-solving approach is based on first principles thinking, stripping down complex problems to fundamental truths.

In times of chaos, forming close bonds with others of strong will is essential for establishing anything lasting.
Diversifying ventures and adapting to changing circumstances can help exploit opportunities, reduce vulnerability, and sustain growth.
Geography and constant readiness for new possibilities can be key in navigating challenges and expanding an empire.

Scrappiness is about facing challenges head-on and being resourceful, even in business.
Experiment and adapt to find success, like in 'scrappy sowing' to test ideas and learn from failures.
Avoid anti-scrappiness factors like rigid processes, excessive vetoes, institutional memory, and fear of failure.

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Richard Branson's 'remove the obstacle' thinking emphasizes overcoming challenges.
Learning by doing involves taking risks and making suggestions for improvement.
Viewing risks as positive opportunities can lead to personal growth and success.

People are afraid of failure and create bureaucratic processes to avoid it
Organizations should differentiate between high-risk and low-risk work to speed up innovation
Creating a culture of psychological safety empowers teams to take risks and innovate

Most decisions in life are simple and don't have significant consequences. It's okay to make mistakes on these easy choices.
A small percentage of decisions are really important and can change your life. These are the choices that we should think about carefully.
To live a fulfilling life, it's better to take risks and reduce regrets. Choosing what excites you is key to avoiding a life full of 'what ifs.'

Passion and Persistence are crucial for startup founders to overcome challenges and inspire others.
Visionary Thinking helps founders have a clear direction and stay ahead of the competition.
Flexibility, Resilience, and Risk-taking are essential traits to navigate the unpredictable journey of starting a business.