meta_pixel
Tapesearch Logo
Log in
DarrenDaily On-Demand

The Fatal Flaw in Smart Decision-Making

DarrenDaily On-Demand

Darren Hardy LLC

Leadership, Teams, Success, Highachiever, Entrepreneurship, Darrendaily, Personaldevelopment, Darrenhardy, Business, Careers, Selfimprovement, Productivity

4.91.8K Ratings

🗓️ 30 May 2025

⏱️ 8 minutes

🧾️ Download transcript

Summary

Perfect is the enemy of profitable. Darren Hardy pulls back the curtain on a painful $400 million lesson—and what it revealed about decision-making, momentum, and missed opportunity. Stop letting perfection slow your momentum! There’s a rule that high-performers live by—and it might surprise you.

Get more personal mentoring from Darren each day. Go to DarrenDaily at http://darrendaily.com/join to learn more.

Transcript

Click on a timestamp to play from that location

0:00.0

Perfect decisions made too late are the same as wrong decisions.

0:04.3

Let me show you how this plays out in the real world.

0:06.6

Take Netflix's Reed Hastings, when they launched streaming, they had massive technical issues.

0:11.8

The platform was buggy, the content was limited.

0:14.6

But while Blockbuster was perfecting their strategy, conducting more research, planning their digital future,

0:20.4

Netflix was learning

0:21.6

from real customers, fixing real problems, creating real momentum. The result? Netflix,

0:26.0

$250 billion. Blockbuster? Extinct. Or consider Zuckerberg's motto, move fast and break things. Most

0:33.7

people think it means being reckless. But here's what it really means. The cost of delay is greater than the cost of imperfection.

0:42.2

Welcome to Darren Daily on demand, your most trusted resource to help you become better every day.

0:48.9

Here's your success mentor, Darren Hardy.

0:54.7

Ever notice how the most careful decision makers often make the worst decisions?

1:00.9

Let me share something counterintuitive about why speed beats perfection every single time.

1:06.5

I learned this the hard way when a $400 million opportunity slipped through my fingers because I wanted more information.

1:13.6

Here's what fascinates me.

1:15.0

Jeff Bezos worth hundreds of billions makes most decisions with only 70% of the information.

1:21.1

While most people are gathering more data, seeking more input, waiting for perfection,

1:24.6

the true masters are acting now without complete information and

1:29.3

winning bigger, much bigger. Let me share what I call the speed advantage paradox. Let me prove

1:35.2

how powerful this is. A McKenzie study showed that companies that make fast decisions with incomplete

1:40.4

information outperform their careful competitors by 290%. But here's our greatest

1:47.1

challenge. Our brains are wired for perfectionism because 10,000 years ago, one mistake could

...

Transcript will be available on the free plan in 27 days. Upgrade to see the full transcript now.

Disclaimer: The podcast and artwork embedded on this page are from Darren Hardy LLC, and are the property of its owner and not affiliated with or endorsed by Tapesearch.

Generated transcripts are the property of Darren Hardy LLC and are distributed freely under the Fair Use doctrine. Transcripts generated by Tapesearch are not guaranteed to be accurate.

Copyright © Tapesearch 2025.