The best way to win a short-term game is to bet it all on one strategy. Someone is going to get lucky and it might be you.
But we rarely thrive in the long run if we persist in playing a series of short-term games.
Instead, organizations, individuals and teams do better when they understand the value of resilience.
In the last year, we’ve seen well-funded and heavily hyped crypto companies hit the wall and fail. That’s because it was easy for them to get funded and grow fast by making a simple bet, and in a bull market, everyone looks like a genius.
But their less flashy competitors are still around. They understood that resilience is expensive and resilience is worth it.