Daily Archives: August 17, 2023

decision making

12 Steps to Making Better Decisions as an Entrepreneur

Here is a stat you should be mindful of, 90% of startups fail due to poor business decision-making. These decisions are usually centred around revenue, product development and market threads. As an entrepreneur, you will be constantly confronted with hard business decisions like changing your objectives, twerking a product to fit the market better, taking opportunities at specific risks, firing employees and funding issues. To improve your chances of business success, you must learn from experienced entrepreneurs and understand decision architecture, psychology, risk assessment, and strategic foresight.  We’ve developed a 12-step framework to......