https://diler.tube/videos/watch/03725ef1-f57a-4c57-95fb-8fe06f82727d Learn how risk-taking and taking responsibility for outcome are essential for growth and achieving excellence, in this 4:46 minute long video lesson. Skin in the game is an economic and ethical principle whereby those who seek to gain from their activity, should also lose when things go wrong. The principal is also important for learning, skill building and human development. Because those that want to learn without taking the risks of failure, don’t receive the feedback necessary to experience what it means to make mistakes. They can study their entire lives, but actually don’t learn anything. COLLABORATORS (KEEP UP TO DATE) Script: Jonas Koblin Artist: Pascal Gaggelli Voice: Mithril Coloring: Nalin Editing: Peera Lertsukittipongsa Head of Partnership Programme: Selina Bador Production: Bianka Proofreading: Susan Sound Design: Miguel Ojeda SOUNDTRACKS Canon Ball Swing - RimskyMusic DIG DEEPER with these top videos, games and resources: Should risk-takers be required to have ‘skin in the game’? - the Financial Times discusses SOURCES Watch Prof. Taleb talk about Skin in the Game at Google (2018) • Skin in the Game | Nassim Nicholas Taleb |... Code of Hammurabi (c. 1700 B.C.E.) http://www.wright.edu/~christopher.ol... Skin in the Game (the book by Taleb) https://en.wikipedia.org/wiki/Skin_in...) Skin in the Game (phrase) https://en.wikipedia.org/wiki/Skin_in...) Ancient Babylon https://www.ancient.eu/babylon/ CLASSROOM EXERCISE Do you have “skin in the game”? Reflect with your students on how this concept applies to real life situations and ask them for ideas on how to put their skin in the game for their own learning. In addition you can ask your students to rate the effectiveness of your teaching on a scale of 1-5 after every class. Start the next session with publishing the results and continue to do so for the entire course. Like that the students learn that you put your skin in the game and as a result might realize how the classroom experience changes. Timestamp 00:00 Skin in the Game Principle 00:18 History 00:32 Law 229 01:17 Taleb's Argument 03:39 What do you think? 03:56 Ending Author: Sprouts Sat, 23 May 2026 17:09:48 GMT https://validator.w3.org/feed/docs/rss2.html PeerTube - https://diler.tube https://diler.tube/lazy-static/avatars/f58b270a-6076-478a-ad43-3888a532ecb4.png https://diler.tube/videos/watch/03725ef1-f57a-4c57-95fb-8fe06f82727d All rights reserved, unless otherwise specified in the terms specified at https://diler.tube/about and potential licenses granted by each content's rightholder.