Matthew Kelly argues entrepreneurs should take bigger risks than they think they can handle. He rented his first office for £500-£700 a month, which felt massive at the time but became a turning point. Founders of billion-pound companies, he says, made bold moves that paid off.
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Be more bullish and take more risks. What has felt like a big risk at the time typically paid off more. Even moving to Dubai, that feels like a risk, but it's been the right one. Like, for me, it was like when I first started entrepreneurship, it was like that first office which cost me £700 a month or £500 a month, whatever. It felt like the biggest piece of money ever. Paid off. Like, all of those big stepping stones have paid off. It's not a comparison contest, but he's just been willing to take bigger risks and they've all paid off. And I think when you see these people who've gone and amassed, built £100 million, £200 million, billion-pound businesses, normally it's they've taken some big fucking swings and they've paid off. So I think what feels like a big risk often isn't. It's going to work. So I think probably take bigger risks.