Susan has applied the act-learn-build philosophy to her startup.To her friends and family, she looks like a risk-taker believing in taking all or nothing.

Question

Quizplus · Accepted Answer

The act-learn-build philosophy is a methodical approach to entrepreneurship that emphasizes taking small, iterative steps and learning from mistakes. While entrepreneurs do take risks, the act-learn-build philosophy is all about minimizing risk by testing assumptions before committing large amounts of time and resources. Susan's friends and family may perceive her as a risk-taker because they don't understand the methodical nature of her approach, but that perception is not entirely accurate.

Susan Has Applied the Act-Learn-Build Philosophy to Her Startup