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The Math of Inevitable Success | Daily Essay

Episode 159 Published 2 months ago
Description

If you understand the base rate and avoid the risk of ruin with each attempt, success stops being a question of if. It becomes a question of when.

Featuring: Pieter Levels, Nassim Nicholas Taleb, Octavia E. Butler, Maria Konnikova

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Chapters:

(00:00) Three months of coding Shommi and zero sales
(00:43) A job board scraper that went nowhere
(01:07) Pieter Levels ships 12 startups in 12 months
(01:35) Only four of 70 plus projects made money
(01:50) The 5% rule and the odds of zero hits
(02:35) Iteration pace decides how long the math takes

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