, 8 tweets, 3 min read
1/ One of the most famous @reidhoffman lines is “If you aren’t embarrassed by the first version of your product, you shipped too late.”

I increasingly believe that a focus on speed and tempo is one of the most valuable life skills.
2/ My understanding is that Reid employs several decision making hacks to prioritize speed as a factor for which option is best—and to speed up the process of making the decision itself.
3/ When faced with a set of options, he frequently will make a provisional decision instinctually based on the current information.

Then he will note what additional information he would need to disprove his provisional decision and go get that.
4/ What most people do instead – at their own peril – is encounter a situation in which they have limited information, punt on the decision until they gather more information, and endure an information­ gathering process that takes longer than expected.
5/ Meanwhile, the world changes and the information gathered is no longer relevant.

So how do you do this in practice?
6/ Jeff Bezos has a rule of thumb: "most decisions should probably be made with somewhere around 70% of the information you wish you had."



(I wrote a post about it here - taylorpearson.me/how-to-stop-pr…)
7/ @naval has a similar heuristic: "No tasks longer than one week. You have to ship something into live production every week – worst case, two weeks. If you just joined, ship something." - nav.al/build-a-team-t…
8/ They who ship fastest (generally) win.
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