The $70M/yr Sports Bar + Sleepy Industries Worth $100M
My First Million
Clarity Before Commitment
In decision-making, it’s crucial to gather information incrementally rather than committing to an uncertain path. Start by making small commitments, akin to playing poker where you assess your hand before making larger bets. Engage in specific actions, such as meetings and prototypes, to gather data without rushing into full investment. As decisions progress, continuously seek clarity on what specific information is needed to move forward, which prevents aimless exploration that leads to the same level of uncertainty over time. Being precise about information requirements enables prompt decision-making, often allowing resolutions within the same day, rather than delaying for weeks due to a lack of direction.
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