Balance Inspiration With Doing The Work
But even understanding these downsides, venture capitalists can't be so frozen that they are afraid to do anything. Ultimately, for Rubenstein, the best investors don’t just rely on their investment committee memos. The best investors take responsibility for their mistakes. In fact, he observed that many of the greatest investors had faced large losses – from which they learned valuable lessons. As Rubenstein puts it,"Investors who are willing to admit their mistakes and learn from them are more likely to be successful in the long run."
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