Little Bets by Peter Sims (9781847940476)

Description - Little Bets by Peter Sims

Some things in life are predictable, but what about when you're in uncertain or new territory? When you don t know what you don t know? The answer, according to Peter Sims, is to make little bets. Like Chris Rock, who hones all of his comedy routines over the course of 40 or 50 performances at a small local comedy club. At first, almost all of the jokes fall flat, but in amongst the stinkers there are always 5-10 lines that are brilliant. Once he's pinpointed what works, he writes around them, building up the routine bit by bit until he's got an award-winning set. Or like Amazon - where employees are constantly encouraged to try things out and test opportunities. Not everything works, but by creating an environment where little failures are accepted, they run a company where little bets sometimes lead to great outcomes. n these troubled times, we're all wary of risk, but if we're to continue to grow we need to learn how to embrace it. Little Bets will take risk and turn it into something controllable and manageable, it will teach us how to use risk to our own advantage, and, as a result, it will be essential reading for every businessperson.

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