1 Comment

One of my friends told me the exact opposite advice, in a highly jaded tone. I think it was in the context of competing for contracts but I am not sure. E.g. if you are a construction company making a bid for a government contract, you want to overpromise (so that your bid is chosen) and then under-deliver because it was impossible. And that is apparently a stable equilibrium in various places!

Expand full comment