Ethan Evans: prediction

Transcript context

…Wow. So those seven words are the most impactful thing you've ever written. I love that and I totally get that. I'm looking at the principles right now and it comes right at the end of that principle. We'll link to the 14 leadership principles. Is there another principle that you really love or one or two? I don't know. It's probably hard to pick your favorites. I'm a huge proponent of bias for action. Bias for action says speed matters in business and many decisions are reversible. And so it's important to go faster. And I think people don't understand that in a competitive environment, being right is good, but being quick is necessary. Because if there are 10 startups working on an idea, some of them will gamble, and they'll make bad gambles, and they'll go out of business. But some of them will gamble and make an early bet and be right. And if you are not moving quickly, you'll be beaten by the people who maybe got lucky. And so you've got to have a process that values speed, values, what can we do today? What can we commit to today? So I really like bias for action. Now that is what got me in trouble with Jeff, right? I was willing to gamble. So it has to be in balance, but that's my other favorite. Again, the Jeff Bezos interview with Lex Fridman, he was talking about how with Blue Origin, with the way Amazon, he thought about Amazon is customer obsession. That was the core goal and differentiator of Amazon. With Blue Origin, he wants it to be decisiveness. It's basically leaning into this bias for action fully, which is really interesting.…

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