“Become more capable of risk over time” is the only formula that works if you want to grow as a person.
Which means in any area of your life that you want to improve, finances, relationships, health, business, you have to take the step that makes it more possible for you to take a more interesting step tomorrow.
You have to become more able to say something potentially upsetting to someone you’re close with, you have to be more capable of risking your money on an investment that might not pay off, you need to be more able to release a product that no one will like.
And this means you can’t take every opportunity. You have to take the opportunity that, even if it fails, you will learn from or gain something, so that you can be wiser and more powerful to take a better opportunity tomorrow.
And this means most of the time you need to take a small bet.
Because the larger the bet, the more likely it will take you out of the game if it doesn’t pay off. And you want to optimize for playing the game bigger and better over time.
Life is like pot management in poker.
Play to win the tournament, not the game.
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