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Take Asymmetric Bets

eriktorenberg.substack.com · 1,488 words · saved by 8 readers

My other favorite career advice

Take Asymmetric Bets My other favorite career advice Erik Torenberg Sep 28, 2020 288 18 46 Share I previously wrote about how starting a company is less risky than people think. This piece is a follow up to that piece as well as my piece on building personal moats. To recap: remember, there’s two types of risks: Job Risk: the chance your job will no longer exist Career Risk: the chance your long-term career will be negatively affected Founding a company might have job risk, but it often has little career risk. It’s an example of an asymmetric bet—a bet that, if it works, will have tremendous u

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