3 Tricks the Cofounder of Netflix Uses to Make Hard Decisions Easier
Marc Randolph knows entrepreneurs often face what feel like impossible or unknowable choices. Here are three methods he uses to cut through the noise, and find the best path forward.
Everyone makes decisions. Butentrepreneurshave an especially challenging time of it because so often we must make decisions based on incomplete, inconclusive, and often contradictory data.
Viktor Koen
In my four-decade career as an entrepreneur, I have learned a few things about how to make those decisions, including the most important thing of all:Just make a decision. It may sound trite, but it's also just plain true. When so much feels like it's on the line, it's easy to become paralyzed, unable to choose which direction to take. But even a wrong decision is better than no decision because at the very least, by implementing a wrong decision you'll learn a little more about the problem you're trying to solve, making it easier to know which way to go next time.
Continue reading this article - and everything on Entrepreneur!
Become a member to get unlimited access and support the voices you want to hear more from. Get full access to Entrepreneur for just $5.
Entrepreneur Editors' Picks
-
Why Aren't You Happy, Even When You Get What You Want?This Founder Teamed Up With the Dalai Lama Himself to Cure Your 'Insatiable' Desire.
-
Kidnappers Held a Gun to His Head and Pulled the Trigger.The Terror of That Moment Fueled His Billion-Dollar Startup.
-
Who's Responsible for a Toxic Workplace?If You Do Any of These 3 Things, Look in the Mirror.
-
Make Better, Faster Decisions UsingThis Simple 3-Step Framework
-
This FounderLaunched an Ecommerce Company After a Frustrating College Experience. Now, Its Shipping Times Rival Amazon Prime's.
-
Here'sWhy a Crisis May Actually Be the Best Thing That Can Happen to You
