Making Expensive Business Mistakes
4 Mar 2024 · 0 min

0:16
Christian Osgood on why early business mistakes cost more than a degree. As you scale, a single error can run 6 to 8 million dollars. He treats these losses as the price of learning.

Christian Osgood on why early business mistakes cost more than a degree. As you scale, a single error can run 6 to 8 million dollars. He treats these losses as the price of learning.
The message here is when you are starting, it is more expensive while you're learning. You're going to make mistakes. They're going to cost money. It's okay if you're like, oh, I wanted to go to college and get a master's degree and do whatever. You're probably going to spend a lot more than that on one mistake. Scaling your business, you're going to make your 6, 7, 8 million figure mistake. It will happen.

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