Should a business explore new ventures or focus on what it already does well?

Exploring new products, ventures or directions versus doubling down on what a business already does well (explore versus exploit).

Axis: keep exploring new ventures alongside the core ... focus only on the core

Answers by date: 1 record in 1 source, newest first; the answers above are the current ones. One answer from each speaker here, so no change can be shown.

date	who	answer	source
2023-03-29 (said on 2023-03-13, implied)	Ali	A business faces a trade-off between exploring and exploiting, Ali says: stay in your lane forever and it dies, because it must iterate and explore; explore all the time without committing and it also fails.	My Goals for 2023 - Life Update 00:24:17

Dates are upload dates, which set the order. Where the speaker gives a different recording date in the video, it is added as "said on YYYY-MM-DD, implied" (derived from the date said in the video).