Michael Woolhouse

You can talk to somebody.

You can have an idea.

But the only way that you can really learn is by acting and having a bias to action.

And when you do that, you want to do that with some speed.

Because if you just analysis, paralysis, everything, you're just going to lose.

So the implication, though, of acting quickly, you want to be intentional and thoughtful and do enough work, et cetera, to say this is the direction I want to go.

You have to be prepared to make a mistake.

I try and instill this culture in people.

in the team that I run now, which is, you have to have the best intentions, but you're gonna make a mistake, we're gonna make a mistake.

And the obligation that we all have is when you do, you raise it quickly,

You don't keep it to yourself and you'll learn from it.

So you don't make it again.

And I think applying that to myself, I'm sure if I were to look back over the long arc of my career, I've probably been a little too cautious, haven't acted as quickly as I could and should have just got on with it.

That's a hard thing for young people to embrace, especially young people like I look at the

the associates and whatnot that we recruit.

They're like 4.0 GPAs at school.

They were top in their class here or there before they join us.

And they literally have never failed at anything.

What we do is super hard.

You will make a mistake.