Little Bets communicates one big idea: to create breakthrough solutions in today’s dynamic world, we need to learn by doing. Fully formed ideas based on assumptions are bound to change, as we learn a tremendous amount in the process of turning ideas into reality. We need to discover what works by making little, experimental bets. Action produces insights that can be analyzed.
Sims uses the life stories of successful business leaders, entrepreneurs and creative professionals to illustrate and further explore the central idea. He explains how Chris Rock creates hilarious stand-up comedy shows by tirelessly trying out jokes on a small audiences; and how Bill Hewlett & Dave Packard regularly produced small batches of prototype-products to discover whether customers liked their product.
The idea of experimentation does not only apply to product-ideas, but also to personal choices. I wrote in a previous post about my opinion that the best way to find work that you love is to try things. A recent article on BigThink, as well as Reid Hoffman’s book The Start-up of You, also stress the importance of this thought.
One of the realizations that came to me while reading the book, was that every creative process brings with it the fear and self-doubt of not succeeding. Also, Sims tells a great story about learning a little bit from every person you meet, particularly children, as well as learning a lot from people who are passionate about using your product. Although the “experimental approach” has been documented by other authors, Little Bets succeeds in triggering thoughts on how to be more experimental, as well as documenting some very revealing personal stories.