Five Whys: Try to Learn a Dollar's Worth of Lesson for Every One You Spend in Failure
Venture Hacks by Eric Ries · · Quote
"Try to learn a dollar's worth of lesson for every one you spend in failure."
Eric Ries quoted me in his Venture Hacks guide to Five Whys: try to learn a dollar's worth of lesson for every dollar spent in failure. The line came from Amazon GameDay practice.
Eric quoted me in his Five Whys writeup, connecting GameDay's failure-as-learning practice to what was becoming the lean startup playbook. The quote is short. The idea behind it is the whole point of GameDay: the cost of an outage is fixed, but the learning you extract from it is not.