Naveed Lalani: How to Make the Best Decisions for Your Startup

naveed-lalaniI 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.

Naveed Lalani: How to Make the Best Decisions for Your StartupThe 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

Unknown's avatar

Author: ismailimail

Independent, civil society media featuring Ismaili Muslim community, inter and intra faith endeavors, achievements and humanitarian works.

One thought

Leave a comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.