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Whatever the Fire’s original business plan was, it surely didn’t predict what happened. But the phone was built with an assumption of risk that created space for the company’s reaction when it didn’t play out as expected. It’s that long-term vision—the understanding that the lemonade itself might end up not being a long-term bestseller, but instead some other bet might be—that allows the creation of a portfolio of experiments.
The Startup Way: How Entrepreneurial Management Transforms Culture and Drives Growth
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