Are you a Baloo or a Bagheera? Sounds like a very silly question but has a deeper meaning to it. Should you try to rise in your current company or explore other companies? Should you get better at Java programming or pick up Machine Learning? All these decisions are related to the explore-exploit concept. We take up real-life scenarios and explain this dynamic concept. When should you switch from exploring to exploiting? This is answered by the epsilon fixed algorithm. Watch the video till the end to understand this algorithm and see what works best for you.