2min snip

The Mel Robbins Podcast cover image

The 51% Rule (and 3 More Strategies to Think Like a Millionaire)

The Mel Robbins Podcast

NOTE

Making Type One and Type Two Decisions in Life and Business

The insight highlights the distinction between type one decisions, irreversible choices that require careful consideration, and type two decisions, reversible choices that should be made swiftly. It emphasizes the importance of making type two decisions quickly, based on available evidence, aiming for 51% certainty to move forward without waiting for 100% certainty which only exists in hindsight. The focus is on making better decisions with the information at hand, rather than regretting past decisions with hindsight.

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