First he says that, no he says this! What a hypocrite!
Yes Mr.Critic, I’m sure your opinion has never, ever shifted in the past before. You’ve always been 100% correct about everything you’ve ever known and nobody’s ever been able to prove to you otherwise. Sure.
Quick decisions are valued but aren’t practical when you’re building a company. Entrepreneurs will need to know just what they’re deciding on and the dangers associated with that choice before making a decision. By asking yourself, “Do I really need this now?” And “What will happen after three months time?” Entrepreneurs can make a more calculated decision and avoid making fatal mistakes.
The next step is using the decision. We can use the analogy of a tree to categorize each choice as either a leaf, branch, trunk and root-level choice. A root-level decision affects the entire tree, so make sure you take the most amount of time when making these decisions. Let’s imagine for a second that you are building some sort of software product and that user logs are required to fuel your next big update.
Because this change is based on and affects user experience, and it is sensible to take time making the decision because it will affect the structure of your entire software and it’s userbase. This implies it’s a choice that is root-level.
Whether you’re a first-time entrepreneur or a seasoned veteran that’s seen it all and done it all; it does not matter. Yes, of course, there is a time and place for shooting from the hip, but that is the exception, not the norm. Deciding the colour of the wire that needs to be snipped is not a decision to be made a whim. If you’re new, you won’t know what to expect- if you’re experienced, you can make a more accurate informed estimate, but things change very quickly in the 21st century and you know that.
Only choose the things you absolutely should pick and leave the remainder undecided. Time gives entrepreneurs the opportunity to research alternatives- pressure forces the entrepreneur to throw themselves off a cliff without knowing if they can fly.