A founder lost millions by overthinking instead of executing. His successful peers moved at 85% confidence, making quick decisions and pivoting fast. The trap is analysis paralysis. The fix is deciding sooner and shipping.
I've personally lost millions of dollars to overthinking. I think it might be the largest destroyer of wealth we've ever known. I was sitting the other night looking through my phone, going through this pro forma for this business I'm looking at building and just overanalyzing everything. This is for a hypothetical business that does not exist yet. And I'm sure many of you do the same. And I realize that there's people infinitely less smart than me and less hardworking than me that just get shit done, right? They just do it right. And it's. Because their overthinking isn't there in the way that it is for me. I have a friend who's very successful, runs brands that do 8 figures a year. I asked him, how do you make it so simple? He said, I make decisions very quickly and then I follow through with them. Anyway, I'm over-losing my life and my time and my money to overthinking, and I'm sure you are too. If you can get to a B+ or 85% quality or positivity of how you feel about an idea, just go forward with it. Make that decision. Be prepared to pivot quickly. Just follow through.
You wont believe what else the founder started #opensea #mergersandacquisitions #venturecapital
