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Founder's Journal

How to Make Decisions

Founder's Journal

Morning Brew

Entrepreneurship, Careers, Business

4.81.1K Ratings

🗓️ 14 May 2021

⏱️ 8 minutes

🧾️ Download transcript

Summary

Today’s episode is about making every decision you make count. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

Click on a timestamp to play from that location

0:00.0

What's up everyone, this is Alex Lieberman, co-founder and executive chairman of Morning

0:06.2

Brew.

0:07.2

Welcome back to Founders Journal, my personal audio diary, where I give you the business

0:12.4

builder, the tools you need to think better in order to build better, whether that's

0:17.2

building a business, a team, or a new product.

0:21.6

35,000.

0:24.6

That's the number of decisions that you and I make every single day of our lives.

0:29.8

And from a business perspective, as you become more and more successful and you enter

0:35.5

positions of leadership, what you're going to start finding is you're going to start

0:39.7

doing less and less.

0:41.3

You're going to start thinking more and more and decisions are going to become the main

0:47.2

output of your work.

0:48.8

Today's episode is about making every decision that you make in business and in life count.

0:55.9

Let's hop into it.

0:59.6

There's a general rule of thumb and there's obviously nuance to this, but I think it

1:03.5

generally applies.

1:05.4

Junior employees in a business produce goods and services.

1:10.3

They produce software at a software company, content at a media company, a parallel at

1:16.1

a clothing company, senior employees in a business produce plans and decisions.

1:22.7

They spend time thinking about the software, thinking about the content or thinking about

1:27.1

the apparel that the company can create and then they make a decision about what should

1:32.1

be created and they lay out a plan for doing it.

...

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