Pay attention to your competitors, you are less likely to die of suicide than murder
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Concentrate your resources on a small number of high-conviction bets 1 0 2Ignore your competitors, you will more likely die of suicide than murder 2 0 3Most companies don't die because they run out of money 1 0 2Selection bias affects perception of meanness in successful people 1 0 2Competition can be an effective motivator but it shouldn't dictate your choices 1 0 2The value of a company is not determined rationally but is essentially a bet on its future success 1 0 2Being first to market does not necessarily confer significant advantages in most businesses 1 0 2Attention is a zero-sum game; only one idea at a time can be the top idea in one's mind 0 0 1Avoid casual conversations with potential acquirers unless you want to sell your company right now 1 0 2The nirvana fallacy can be avoided by comparing realistic alternatives 1 0 2