I was chatting with a friend a few months ago who was in the midst of a complex analysis about whether to start another company or jump back into a corporate role. He pulled out his tablet and shared a spreadsheet with me – complete with macros and pivot tables. It was a bit overwhelming.
“With all of this data, are you ready to go?” I asked him. From his expression, he was not. The more we talked, it was clear that his hesitancy came from his belief that a perfect answer (with perfect data) was needed to move ahead. Yet no amount of data felt like it was enough.
My advice to him was this – break down the decision into its components and see which of those components were decision ready. In this way, my friend made a series of tiny decisions that led to the big one. Happy news: he launched a new company that is growing nicely.
Have a great day,