Tagged: Business Decisions
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How to Make Business Decisions with Limited Data
Posted by William Thompson on May 29, 2021 at 4:32 amSometimes, we have to decide before having all the information. How do you handle those moments?
Sharon Lewis replied 4 years, 8 months ago 10 Members · 9 Replies -
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Gut feeling still matters — it’s just pattern recognition from experience
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Agreed, but I still jot down risks and possible outcomes first
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I try to make reversible decisions fast, irreversible ones slow
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That’s a great rule. Speed is important, but so is reflection
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I also talk to my team — multiple perspectives reduce blind spots
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I use 70% rule: if I’m 70% sure, I act
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Same here. Waiting for 100% certainty often means missed opportunities
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Learning to trust your instincts is underrated
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Exactly. Business is about momentum, not perfection