Taking Strategic Risk in Business: How to Determine Whether a Decision is the “Right” One

2023-02-21

Have you ever struggled with a decision in your business? Have you ever laid in bed and thought “is this decision the right decision?”(Ok, that was a trick question: we all have).A few months ago, in Episode 304, JD and I shared about how we were learning to embrace uncertainty and how that played out in our life and business.A podcast listener reached out to me after that time to share how meaningful the podcast had been to her - and then she shared her own framework for making a decision that was jus...

Have you ever struggled with a decision in your business? Have you ever laid in bed and thought “is this decision the right decision?”

(Ok, that was a trick question: we all have).

A few months ago, in Episode 304, JD and I shared about how we were learning to embrace uncertainty and how that played out in our life and business.

A podcast listener reached out to me after that time to share how meaningful the podcast had been to her - and then she shared her own framework for making a decision that was just so dang good, I had to share it with you. Here’s the cliff notes version of the three questions she asks herself - but you’ll want to click play to hear the full context so you can apply it to your next business decision.

Question 1: Do I have the chops to do this new thing? [04:01]

Question 2: One year from now, would I regret not giving this a shot? [04:12]

Question 3: What’s the worst that could happen if it didn’t work out? [04:27]

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