There's a distinction to be made: - If your business doesn't rely on new technology, then avoid bleeding edge tech (examples: you retail co-working space, rent apartments, do food/grocery delivery, etc.) - If your business model does rely on new technology (examples: airlines in the early 20th century, railroads in the early days of the steam engine, e-commerce in the early 2000s) then you have to work out a way to d…
Even the steam engine people had to rely on known standard parts like screws and bolts and known planing or manufacturing procedures that they didn't invent. Only because they knew which forces a bolt would withstand and learned from (at times catastrophic) failure they were able to even have a bleeding edge.