So you canât wait for perfect data. It doesnât exist. You just have to take that first step into the unknown. Combine everything youâve learned and take your best guess at whatâs going to happen next. Thatâs what life is. Most decisions we make are data-informed, but theyâre not data-made.
Related Quotes
But what happens if you fall in love with the wrong thing? If you find a product or company thatâs too earlyâthe supporting infrastructure isnât there, the customers donât exist, the leadership has a crazy vision and wonât budge.
What if youâre deeply passionate about quantum computing or synthetic biology or fusion energy or space exploration even though thereâs no sign that any of those industries will bear fruit anytime soon?
Then screw it. Go for it. If you love it, donât worry about all my advice, donât worry about the timing.
Your company is an organism; its cells need to divide to multiply, they need to differentiate to become something new. Donât worry about what youâre going to loseâthink about what youâre going to become.
If you donât know whether you passed or failed, you ⌠wait and see? This is not the way the âsure-thing principleâ is supposed to behave. Itâs as if our businessman had decided to wait until after the election to buy his property, despite being willing to make the purchase regardless of the outcome.
Tversky and Shafirâs study shows us that uncertaintyâeven irrelevant uncertaintyâcan paralyze us.
The key is to remember that imagined choices donât actually exist, because theyâre not actionable. Weâre not trying to live a fantasy life; weâre trying to design a real and livable life. If we burdened ourselves with knowing everything about our decisions and discovering every option possible (which, of course, you should do if youâre going to make âthe best choiceâ), weâd never decide. In life design we know that there are countless possibilities but arenât stymied by that fact. We revel in exploring a few possibilities, then taking action by starting with a choice.
Even when we get the big decisions directionally right, weâre not guaranteed to get the results we want.
We donât think of ordinary moments as decisions. No one taps us on the shoulder as we react to a comment by a coworker to tell us that weâre about to pour gasoline or water onto this flame.