Thu
Mar
8
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we ignore all the cases where two PhDs from Stanford try to start a company and fail…
Conformity leads to average outcomes when we seek exceptional outcomes
The problem with giving and taking so much of the same advice is that ultimately it breeds conformity, which is another way if saying it reduces the variance in the outcome. And if you conform enough, you end up creating the average outcome:
The average outcome for entrepreneurs is, your startup fails.
How sheep-like behavior breeds innovation in Silicon Valley | Andrew Chen (@andrewchen)