Build with Leila Hormozi How To Make Fewer Dumb Decisions | Ep 73
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Sep 19, 2023 Discover strategies for making smarter business decisions and avoiding pitfalls. Learn how to trade problems instead of seeking perfect solutions. Explore the impact of reflection and action in decision-making. Understand the emotional costs tied to poor choices, particularly in high-stakes scenarios. Gain insight from industry leaders on asking the right questions to foster growth. This engaging discussion will guide you in navigating the complexities of entrepreneurship with confidence.
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Focus on Fewer Bad Decisions
- Make fewer bad decisions to improve business outcomes.
- Even many good decisions can be outweighed by one really bad decision.
Source of Net Zero Decisions
- Net zero decisions, which negate prior good decisions, often stem from trying to avoid failure.
- These decisions are reactive rather than proactive.
Examples of Net Zero Decisions
- Leila Hormozi shares examples of net zero decisions like hiring the wrong COO or picking the wrong investor.
- She's witnessed such decisions ruin successful businesses.