Do I have to make this decision today?
โ๐๐ผ ๐ ๐ต๐ฎ๐๐ฒ ๐๐ผ ๐บ๐ฎ๐ธ๐ฒ ๐๐ต๐ถ๐ ๐ฑ๐ฒ๐ฐ๐ถ๐๐ถ๐ผ๐ป ๐๐ผ๐ฑ๐ฎ๐?โ
Thatโs an insight shared by Michael Seibel, Managing Director at Y Combinator. On the Masters of Scale podcast hosted by Reid Hoffman.
It emphasises the value of delaying decisions to gain clarity.
James Clavell's novel Shลgun inspired Seibel. A character, Toranaga, delays decisions to find new options. And consequently a simple question has guided Seibel in tough choices, both as a startup founder and an adviser.
๐๐ ๐ฎ ๐ฑ๐ฒ๐ฐ๐ถ๐๐ถ๐ผ๐ป ๐ป๐ฒ๐ฒ๐ฑ๐ฒ๐ฑ ๐ถ๐บ๐บ๐ฒ๐ฑ๐ถ๐ฎ๐๐ฒ๐น๐?
Without this perspective, it's easy to rush into decisions, missing opportunities for better alternatives. And to get caught in the rush of the
startup culture.
When that happens, hasty decisions can lead to unnecessary risks or wasted resources.
Here are 3 strategies to make smarter choices instead:
1๏ธโฃ Challenge urgency
โณ Ask, โWhy is this essential now?โ
โณ Identify if the decision can wait.
2๏ธโฃ Differentiate decisions
โณ Recognize which problems are multivariable.
โณ Avoid reducing complex problems into single variables.
3๏ธโฃ Reframe the conversation
โณ Instead of โWhatโs the right decision?โ ask โWhy are we discussing this?โ
โณ Focus on the decisionโs importance rather than its specifics.
These are timeless practices. And there were plenty more insights! So, get a front-row seat and listen to the full podcast.
P.S. Let me know your top takeawayโand your recommendation for my next podcast listen!
---