“As a company grows, everything needs to scale, including the size of your failed experiments. If the size of your failures isn’t growing, you’re not going to be inventing at a size that can actually move the needle. Amazon will be experimenting at the righ”
— Jeff Bezos
Simplified Meaning:
When a company gets bigger, it also needs to take bigger risks and sometimes make bigger mistakes. For example, if a small startup tries a new product and it fails, it might lose a little money. But if a big company like Amazon tries something new and it fails, it could lose millions. However, these big failures are necessary because they lead to important discoveries and innovations. Think about Thomas Edison when he created the light bulb. He failed many times, but each failure taught him something new, eventually leading to his success. Similarly, a growing company must accept larger failures as part of trying out big ideas. This approach helps the company find new and better ways to succeed in the future. If you run a business or work on personal projects, don’t be afraid to take bigger chances as you grow. Understand that big failures can lead to even bigger successes down the line.
