Never Bet The Farm Summary - KI Book Club

5-Page Summary of: Never Bet The Farm by Anthony Iaquinto & Stephen Spinelli Jr.

Overview: This book discusses one facet of successful entrepreneurship that is rarely discussed: how to successfully mitigate its risks. It begins by showing how anybody can be an entrepreneur, and then shows how acting prudently instead of rashly can increase the odds of success. It shows how to factor in luck, and how to decide between big bets or small bets in various scenarios. It offers guidance about how to persevere through risks by recognizing it’s not just about the money, and it shows how to create a network to tap in times of financial distress.

“Who can be an entrepreneur, you ask? Anyone who wants to experience the deep, dark canyons of uncertainty and ambiguity and who wants to walk the breathtaking highlands of success. But caution - do not plan to walk the latter until you have experienced the former.”