Business advice: learn from past mistakes, but make better bets in the future

Justin Jackson: You're right that when we're looking back on experiences that we've made it through, the only thing we can really do is just be at peace with them and go, "okay, what did I learn and how am I going to act in the present?"

Sharath Kuruganty: Right.

Justin Jackson: There is a danger though, in the present looking forward: I think we do want to be mindful about the kinds of risks we take and the kind of bets we make.

Because I made it through, but it's, it's quite possible that I might not have. And, in some ways there's some survivor bias but there's a risk with anything you commit yourself to that you're going to burn out or get crushed by it.

Sharath Kuruganty: Right.

Justin Jackson: And in that case, you know, that was $80,000 and it just happened that we were in an up housing market, so I was able to remortgage my house, which wasn't fun but I had the means to come up with some money.

And then I got lucky again: I got this job offer from a software company and I was able to work my way up in there. There's just some, a series of fortunate events that happened as well, right, that helped make up for the bad bet that I'd made, you know? Right.

I'm quite interested in helping people make better bets and helping people think, in the present and the future, about how they can be mindful about what they commit themselves to.