Today we write a summary of the book "Little Bets" by Peter Sims. This book is about an approach that many successful professionals take : methodically taking small experimental steps.From Beethoven to Edison to Bezos, these achievers practice a set of simple but often counterintuitive experimental methods - often failing quickly to learn, trying imperfect ideas and engaging in highly immersed observation. These methods unshackle them from conventional planning, unexpected connections and perceiving invaluable insights.
This book tells us
how to embrace failure as a critical step towards success
harness your curiosity with examples from successful companies
steps to use little bets for possibly bigger outcomes
leverage small wins to improve performance goals
The book mentions examples of how comedian Chris Rock experiments many ideas before a small audience before making the final cut. Bezos champions developing ideas in new markets to "planting seeds" and "going down blind alleys". At the core of this approach, little bets are concrete actions taken to discover, test and develop ideas that are achievable and affordable.They begin as creative possibilities that get iterated and refined over time. This is an approach that anyone can take.
The steps are
experiment - learn by doing and failing quickly to learn fast
play - a playful and humorous atmosphere relaxes inhibitions
immerse - gather fresh ideas and insights
define - use insights gathered to define specific problems
reorient - be flexible in pursuit of larger goals
iterate - repeat, refine and test frequently
As an example. HP introduced the scientific calculator as a little bet. Today they are ubiquitous.
Prof.Saras Sarasvathy says there are two advantages - it enables us to focus on what we can afford to lose rather than make assumption of what we can gain and secondly it develops the means as we progress. Determining what he can afford to lose is what Chris Rock does when going before audiences with rough material. Throughout Pixar's creative process, they rely heavily on what they called plussing - to build upon and improve ideas without using judgemental language. What Chris Rock and Pixar animations show is that they use little bets to discover, test and develop ideas that are achievable. These examples goto show that little bets can improve the overall progress.
#codingexercise
Int [] Merge ( int [] sorted1, int [] sorted2)
{
Int I =0, j = 0;k=0;
Int m = sorted1.length;
Int n = sorted2.length ;
Var results = new int [sorted1. Length +sorted1.length.length];
While ( i < m && j < n)
{
If sorted1 [i] < sorted [2] {
i++;
Results [k] = sorted1 [i]}
Else{
Rsults [k] = sorted2[j];
J++;
}
K++;
}
While (I < m){
Results [k] = sorted [i];
I++;
K++;}
While j < n{
Results [k] = sorted2 [j];
J++;
K++;}
Return results;
}
Int[] Merge (int [] sorted1, int [] sorted2)
{
Var results = new List <int>();
Int m=0,n =0;
For ( int I = 0; I < sorted1.length + sorted2.length; i++){
If (sorted1 [m] < sorted2[n])
results [k] == sorted1 [m];
m++;
}
Else {
Results [k] == sorted2 [n];
n++;
}
Return results.toArray ();
}
This book tells us
how to embrace failure as a critical step towards success
harness your curiosity with examples from successful companies
steps to use little bets for possibly bigger outcomes
leverage small wins to improve performance goals
The book mentions examples of how comedian Chris Rock experiments many ideas before a small audience before making the final cut. Bezos champions developing ideas in new markets to "planting seeds" and "going down blind alleys". At the core of this approach, little bets are concrete actions taken to discover, test and develop ideas that are achievable and affordable.They begin as creative possibilities that get iterated and refined over time. This is an approach that anyone can take.
The steps are
experiment - learn by doing and failing quickly to learn fast
play - a playful and humorous atmosphere relaxes inhibitions
immerse - gather fresh ideas and insights
define - use insights gathered to define specific problems
reorient - be flexible in pursuit of larger goals
iterate - repeat, refine and test frequently
As an example. HP introduced the scientific calculator as a little bet. Today they are ubiquitous.
Prof.Saras Sarasvathy says there are two advantages - it enables us to focus on what we can afford to lose rather than make assumption of what we can gain and secondly it develops the means as we progress. Determining what he can afford to lose is what Chris Rock does when going before audiences with rough material. Throughout Pixar's creative process, they rely heavily on what they called plussing - to build upon and improve ideas without using judgemental language. What Chris Rock and Pixar animations show is that they use little bets to discover, test and develop ideas that are achievable. These examples goto show that little bets can improve the overall progress.
#codingexercise
Int [] Merge ( int [] sorted1, int [] sorted2)
{
Int I =0, j = 0;k=0;
Int m = sorted1.length;
Int n = sorted2.length ;
Var results = new int [sorted1. Length +sorted1.length.length];
While ( i < m && j < n)
{
If sorted1 [i] < sorted [2] {
i++;
Results [k] = sorted1 [i]}
Else{
Rsults [k] = sorted2[j];
J++;
}
K++;
}
While (I < m){
Results [k] = sorted [i];
I++;
K++;}
While j < n{
Results [k] = sorted2 [j];
J++;
K++;}
Return results;
}
Int[] Merge (int [] sorted1, int [] sorted2)
{
Var results = new List <int>();
Int m=0,n =0;
For ( int I = 0; I < sorted1.length + sorted2.length; i++){
If (sorted1 [m] < sorted2[n])
results [k] == sorted1 [m];
m++;
}
Else {
Results [k] == sorted2 [n];
n++;
}
Return results.toArray ();
}
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