Jason M. Lemkin argues that startups need to let people fail on risky projects without punishment, the way big companies do. When employees fear getting fired for a failed initiative, they won't take chances. Failure up to a point is liberating.
Chapters
Because you're taking away from something else. Right? These are expensive decisions. And I work if you punish people from the for the mistakes in product, right. This is something that big companies are actually better at than startups, which is they don't fire you if the new initiative fails. Right. Because then no one at a big company would ever join the new initiative. Right. There are exceptions, but no one at Adobe or at Google would work on the new product if you got fired, if it didn't hit 100 million its first year. But so one thing I saw that was very that I and I don't know how to bring the startups at my big company experience was it's liberating to some extent to let people fail up to a point, right? It's liberating because the cost of failure in a startup's so high, isn't it? It's.