Embracing risk with "Skin in the Game"
Having a personal stake in ventures is crucial for managing risk and making ethical decisions. Taleb's book on asymmetry and randomness is a must-read for entrepreneurs, highlighting the importance of personal accountability in risk management. Don't miss out on the power of "Skin in the Game" for long-term success.
Find the summary on Deepstash: https://dsta.sh/oMkJ9StyVP9QspPV7
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5 Books That Paved My Path to Entrepreneurial Success - by Roy Dekel
entrepreneur.com
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·1.59K reads
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Here are the five books that have greatly influenced Roy Dekel's entrepreneurial mindset and approach.
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Similar ideas to Embracing risk with "Skin in the Game"
Trying to assess real-world risk like you would in a game can lead you to making the wrong choices.
Another fallacy Taleb describes is called the ludic fallacy. This one explains why we do such bad jobs at getting the right insurance policy, for example.
When faced with the task to assess risk in the real world, we usually ...
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