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Exploring the struggle of choosing advice as an entrepreneur, Alex emphasizes the power of going all in. He talks about opportunity cost, the speed of decision making, and the importance of mentors. The chapter highlights making logical decisions, committing to change, and seeking guidance on strategic decision-making for entrepreneurs.
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Quick takeaways
- Make decisions based on opportunity cost and go all in once decided.
- Seek advice from successful individuals to gain valuable perspectives for growth.
Deep dives
Importance of Making Decisions in a Non-emotional State
When facing important decisions, it is crucial to make them from a logical, non-emotional standpoint. This ensures that choices are based on objective assessment rather than fleeting feelings. By approaching decisions this way, individuals can identify the opportunity costs and make informed choices for their businesses.
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