> If you take a lot of chances, that adds up eventually and you'll have some big wins. Just do it safely, so that they don't add up to a lot of big losses, too.

And here is great contradiction in this whole essay. You can't "safely" take a lot of chances and not lose big, when in most cases to have big wins, one has to do unsafe things...

This is also why folks who have a safety net (in terms of family wealth, etc) tend to do better as entrepreneurs. Not sure this essay is helpful.