Steve Wynn questions a common business fear: the idea that companies must enter a new market simply because they are afraid of being left behind.
Discussing Internet gaming, he challenges executives who wanted to spend tens of millions preparing for an opportunity before clearly identifying where the business opportunity actually was.
His point is bigger than online gambling: fear of missing out isn't the same thing as having a real business opportunity.
????️Steve Wynn
????Business. Risk. Strategy. Opportunity. Investing
Follow for more powerful insights, stories, and lessons from some of the most influential entrepreneurs, investors, and business leaders.
#SteveWynn #Business #Strategy #Investing #Entrepreneurship
Discussing Internet gaming, he challenges executives who wanted to spend tens of millions preparing for an opportunity before clearly identifying where the business opportunity actually was.
His point is bigger than online gambling: fear of missing out isn't the same thing as having a real business opportunity.
????️Steve Wynn
????Business. Risk. Strategy. Opportunity. Investing
Follow for more powerful insights, stories, and lessons from some of the most influential entrepreneurs, investors, and business leaders.
#SteveWynn #Business #Strategy #Investing #Entrepreneurship
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