A Smart Bear · Jason Cohen
articleprincipleThe "errors" that mean you're doing it right
21 January 2024Profit
Source excerpt
About A Smart BearSome things appear to be mistakes, but in fact should be celebrated as the expected outcomes of great decisions.
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Apollo layer
What a founder can learn
Founder takeaway
Don’t judge a decision solely by whether every outcome looks successful. Some apparent errors may be the predictable cost of making a strong choice; define those acceptable outcomes in advance so you can distinguish them from genuine mistakes.
Why it matters
If founders treat every setback as proof of bad judgment, they can abandon good decisions too early. Clear expectations make it easier to learn without overreacting.
Relevant guides
Put it to work
For one important decision, ask: “Which negative outcomes would still indicate that our underlying choice was sound, and what evidence would show that we actually made a mistake?”
Private notes