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February 6, 2010 at 3:17pm
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Entrepreneurs don’t noodle, they do.

Says Suster, ” The best entrepreneurs have a bias for making quick decisions and accept that at best 70% of them will be right.  They acknowledge that some decisions will be bad and they’ll have to recover from them.  Building a startup might be a game of inches but you don’t get timeouts to pause and analyze all of your decisions.”

While it’s important to lay out a product plan, create a good business strategy and study your competition, don’t expect to be perfect. Leave room for a margin of error and don’t be afraid to pivot quickly if your company needs it. You can’t be a startup founder without taking any risks - if you were really that safe you’d be working for someone else.

Sometimes, a timely, relevant post can really put things into perspective for you. Let decision-makers influence the pace and growth of your business. When you’re called upon for your opinion/suggestion, be ready with your ideas. Knowing where you stand amongst the pieces on the board makes the decision process run smoothly.

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