I have unwittingly made some bad decisions in my 28 years on this earth, but every day I make better ones. Reflecting on this, it is clear that making the right calls, large and small, requires certain prerequisites and a thoughtful decision-making process. These considerations are especially important in a startup, where you will never have perfect information when making a decision.
The success or failure of your startup results from nothing more than the series of small, medium and large decisions that you act on . Make more right decisions than wrong ones and your startup will be more likely to succeed. In my experience, the best startup decisions are the result of a carefully thought out process, as follows.
First, the Prerequisites
The conditions below must be met before you start the decision-making process. This is imperative, as most bad decisions are made inadvertently because some or all of these conditions are not met first.
Click here to read: http://smallbusiness.foxbusiness.com/entrepreneurs/2014/04/07/how-to-make-best-decisions-for-your-startup/
Earlier: Naveed Lalani: Strip down to your basic leadership skills – The Globe and Mail
Thanks for sharing :)
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