In entrepreneurship, you must act with focus whenever you discover an opportunity you truly like. You must do everything you can to mitigate risk and limit your downside. This philosophy is similar to a baseball analogy used by Warren Buffett and Charlie Munger:

“Ted Williams is the only baseball player who had a .400 single-season hitting record in the last seven decades. In the Science of Hitting, he explained his technique. He divided the strike zone into seventy-seven cells, each representing the size of a baseball. He would insist on swinging only at balls in his ‘best’ cells, even at the risk of striking out, because reaching for the ‘worst’ spots would seriously reduce his chances of success.”

As an entrepreneur, your endeavors will likely be uncharted territory for you. Your pursuit will likely result in feelings of being overwhelmed as you determine which information is credible in trying to determine the pathway to profitability. For the most part, armed with clear goals and a defined plan - your “best cells” - you don’t have to do a thing other than follow the outlined steps - swing at the right opportunities. Then you swing hard. This way, no matter what natural ability you start with, you will substantially increase your hitting average. One common problem for entrepreneurs is that they tend to swing too often at the wrong pitches. This is true for both experienced entrepreneurs and for first-timers. We will enable you to discover the ‘fat pitches’ and swing with your full weight.