A Quote by Tim Schafer

What I learned at LucasArts was, you don't make your bets on ideas: ideas are cheap. You make your bets on people. — © Tim Schafer
What I learned at LucasArts was, you don't make your bets on ideas: ideas are cheap. You make your bets on people.
There are just four kinds of bets. There are good bets, bad bets, bets that you win, and bets that you lose. Winning a bad bet can be the most dangerous outcome of all, because a success of that kind can encourage you to take more bad bets in the future, when the odds will be running against you. You can also lose a good bet no matter how sound the underlying proposition, but if you keep placing good bets, over time, the law of averages will be working for you.
The one thing that I think separates Microsoft from a lot of other people is we make bold bets. We're persistent about them, but we make them. A lot of people won't make a bold bet. A bold bet doesn't assure you of winning, but if you make no bold bets you can't continue to succeed. Our industry doesn't allow you to rest on your laurels forever. I mean, you can milk any great idea. Any idea that turns out to be truly great can be harvested for tens of years. On the other hand, if you want to continue to be great, you've got to bet on new things, big, bold bets.
You know what works in venture capital? A group of incredibly smart, connected people who have the financial wherewithal and risk appetite to make multi-million dollar bets on unproven ideas and inexperienced founders. People who can make decisions quickly, and who spend their time trying to help entrepreneurs make the most of that cash.
Always hedge your bets. That's how I do it. I lay all my bets on what I can contribute, and suffer no illusions that I'm generating stuff by myself.
Always make it a goal to keep your conversations cordial. Sometimes that will not be possible. If a principled, charitable expression of your ideas makes someone mad, there’s little you can do about it. Jesus’ teaching made some people furious. Just make sure it’s your ideas that offend and not you, that your beliefs cause the dispute and not your behavior.
Ideas are cheap. Always be passionate about ideas and communicating those ideas and discoveries to others in the things you make.
He who bets on governments and government money bets against 6,000 years of recorded human history.
If you hear a good idea, capture it; write it down. Don't trust your memory. Then on a cold wintry evening, go back through your journal, the ideas that changed your life, the ideas that saved your marriage, the ideas that bailed you out of bankruptcy, the ideas that helped you become successful, the ideas that made you millions. What a good review-going back over the collection of ideas that you gathered over the years. So be a collector of good ideas for your business, for your relationships, for your future.
When we meet an Imago match, that chemical reaction occurs, and love ignites. All other bets, all other ideas about what we want in a mate, are off. We feel alive and whole, confident that we have met the person who will make everything all right.
What counts, in the long run, is not what you read; it is what you sift through your own mind; it is the ideas and impressions that are aroused in you by your reading. It is the ideas stirred in your own mind, the ideas which are a reflection of your own thinking, which make you an interesting person
In No Limit hold'em tournaments, size your bets based on your opponent's skill level. You can cut corners by betting wisely - save a little here and make a little extra there.
Starting a company, your success is going to be very dependent on how you adapt. You're going to make decisions, you're going to make bets; most of them are going to turn out to be wrong.
In poker, you've got to start at the bottom level and work your way up. This advice applies to the limits that you play and the sizing of the bets that you make.
When you are ready to make your first hires, look for people who understand your passion, want to add to your ideas and can envision ways to make improvements.
The market can move for irrational reasons, and you have to be prepared for that, ... you need to make big bets when the odds are in your favor -- not big enough to ruin you, but big enough to make a difference.
The first thing I learned is when times are tough, you need to hedge your bets - you need to diversify.
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