How to Balance Exploration and Exploitation for Success

I watched a wonderful speech by Rory Sutherland on my flight recently from Barcelona to Dublin. He shared several valuable concepts, but one that stuck with me – how to balance Exploration and Exploitation in our lives and in our businesses.

Explore new things. Then focus on what works.  

  • If you only explore, you never get results.  
  • If you only focus, you miss chances.  

What’s your balance?

How is your balance between these two mindsets/activities?

Here is Rory’s original speech.

If you liked this post you will also like I Can’t Focus. How to Learn to Focus. and 7 Strategies to Stop Self-Sabotage and Reach your Potential.

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