Cover of #116: The greatest founders have this ability

#116: The greatest founders have this ability

#116: The greatest founders have this ability

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In this episode, Ryan argues that the biggest difference between founders who scale and founders who stall is the speed at which they make decisions. He actively tries to never to let a decision leave the room. Ryan covers the decision tree he built at Rocket SaaS and the worst-case scenario test that shrinks the risk.

Takeaways:

  • The speed of decision-making is what separates founders who scale from founders who stall
  • The maths favours speed: twenty decisions with sixteen right beats five decisions with five right, as long as the wrong ones are not catastrophic.
  • Slow decisions kill activity.
  • Build a decision tree: set monetary thresholds and named sign-offs so people know exactly what they can approve without asking. Fewer meetings, less Slack, and far more trust
  • Use the worst-case scenario test. The risk is usually far smaller than it feels
  • Audit your own decisions for a month, logging what each one was, what it was worth, and how long it took, then move faster on the ones you dragged your feet over
  • Kill “let’s circle back” and replace it with “let’s decide now and adjust later”. Speed beats perfection when you are trying to scale

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