You can’t make good decisions without making bad ones. In this video, Vinod Khosla an Indian-American billionaire and one of the co-founders of Sun Microsystems talks about how he tries to push the founders to greatness and never force them to make decisions. He talks about how one should let the founders make the decisions and the board to not interfere in their day to day activities.
He adds that there are two kind of failures, smart failure and dumb failure. Smart failures are the one where when you lose, you lose something and when you win you win much much more. Your success is dependent on your willingness to take risks that others won’t.
The video was shared by StartupGrind on its YouTube channel.