My small bets are often little experiments that help me discover and develop new ideas. Rather than starting with a single big idea, I like to try many things to find a good direction to head in. Many ideas lead to many failures, but follow one single idea will more often than not, also lead to failure.
My small bets help me learn from small failures and grow from small wins. These small wins occasionally turn into significant wins which open up new avenues that arrive at extraordinary outcomes.