Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
Ben HorowitzRead
Often any decision, even the wrong decision, is better than no decision.
Interpretation
Making a choice, even a poor one, is preferable to remaining indecisive.
This quote emphasizes the importance of taking action in decision-making. It suggests that in many situations, the act of making a decision, regardless of its correctness, is more beneficial than being paralyzed by the fear of making a mistake. Taking action can lead to learning and progress, while inaction can result in missed opportunities.
In practice
During a team meeting about project strategies, this quote could inspire members to take risks and share their ideas.
Big companies have trouble with innovation. Innovation is about bad ideas, or ideas that look like bad ideas. That's the fundamental thing.
As a company gets big, the information that informs decision-making gets massive. Depending upon the prism through which you view the business, your perspective will vary. If two people are in charge, this variance will cause conflict and delay.
You read these management books that say, 'These are the hard things about running a company.' But those aren't really the hard things. The hard things are when you have to layoff half your company, or you have to fire your best friend. Or you have to figure out a way not to go bankrupt.
Look - this is the terror of being a founder & CEO. It is all your fault. Every decision, every person you hire, every dumb thing you buy or do - ultimately, you're at the end.
Nobody knows how to be a CEO. It's something you have to learn. It's a very lonely job.
As long as people are clear on what they need to do and what's going on, you're very likely to succeed. When nobody is clear, then you're guaranteed to fail.
When you hate, the only person that suffers is you because most of the people you hate don't know it and the rest don't care.
They say best men are molded out of faults, And, for the most, become much more the better For being a little bad
If people do not know what is going to make them better off or give them pleasure, then the idea that you can trust people to do what will give them pleasure becomes questionable.
Spend 5 minutes breathing in, cherishing yourself; and, breathing out cherishing others. If you think about people you have difficulty cherishing, extend your cherishing to them anyway.
A man in a passion, rides a mad horse.
Humility responds to God's will-to the fear of His judgments and to the needs of those around us. To the proud, the applause of the world rings in their ears; to the humble, the applause of heaven warms their hearts. Someone has said, "Pride gets no pleasure out of having something, only out of having more of it than the next man."
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