Momentum Is Everything
When a decision is made is often more critical than what decision is made.
When it comes to growing a company, one of the toughest challenges is making decisions, especially those that propel the company forward. Alex Liberman breaks down why maintaining momentum and embracing a speedy decision-making mindset is crucial to growth.
Founder’s Journal Podcast: by Alex Liberman (18min 56s)
Speed is crucial in decision-making, especially when building a startup. It's the ultimate weapon in business, driving the moto of "move faster and break things fast"
In any market, the fastest company wins, emphasizing that speed matters across all aspects of the business, not just product development. So cultivating a habit of speed helps the organization gain momentum.
Making speed a habit
To improve Momentum these two things matter the most Decisiveness and Execution
Decisiveness and execution are key: speed matters in both. Avoiding prolonged decision-making saves valuable time when a decision is made is often more critical than what decision is made and four major ways to do this are:
Acting swiftly on a good plan is better than waiting for a perfect plan.
Establishing deadlines.
Identifying decision-makers. (know the people who will decide when a thing will happen and let them know)
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