Product
Get better at being wrong, and structure everything as a bet. When developing new products, you’re inevitably going to be wrong a portion of the time, and it is important for the team to understand that the objective is not to be 100% right.
Building a Product Improvement Loop · Featured in Growth Gems #80
Sylvain's take: ⛏️ Going Deeper: Darrell recommends listening to Getting Better by Being Wrong with Annie Duke on the Knowledge Project podcast (the only “non-growth” podcast I listen to!). She explains that by structuring things as a bet and acknowledging the uncertainty, you can start thinking about the expected value of each bet and how to tweak the “effort to impact” ratio to get the same expected value for less effort (i.e., de-risk that bet) or get way more value for little more effort.