The Game with Alex Hormozi You're Not Growing Fast Because You're Making Decisions Slowly | Ep 859
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Mar 28, 2025 Discover the importance of quick decision-making in business growth. The discussion emphasizes how procrastination can hinder success and encourages taking action, even with limited information. Influential figures are cited to illustrate the advantages of decisiveness. Strategies are shared to foster a culture that prioritizes speed in decision-making, emphasizing that many choices can be adjusted later. Unlocking the power of rapid decisions could be key to elevating your organizational success!
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Fast Decision-Making
- Make decisions quickly, even if only 80% correct, as indecision is costlier.
- Fix the 20% of wrong decisions later, embracing iteration and adaptation.
Reversible Decisions
- Most decisions are reversible, like revolving doors, unlike one-way doors.
- The cost of indecision outweighs the cost of reversible mistakes.
Normalize Fast Decisions
- Normalize quick decision-making by explaining that indecision is the biggest cost.
- Preface decisions with "I might be wrong, but..." to reduce fear of mistakes.