2021-01-22: The Law of Large Numbers

I remember a conversation I once had with a business owner who was surprised by the success of their business. I suggested that their success came not from doing infrequent big things, but by consistency in doing the small things right. I think about that a lot.

I believe in the Law of Large Numbers. Mistakes are inevitable, but if the net value of my actions on any given day is even 1% better than the average value of actions I could take that day, I will make good progress over time. Consistency, rather than spiking big results. Singles, not home runs.


You'll only receive email when they publish something new.

More from Nicholas Sabin