Most decisions in life are not final. These decisions, also known as Type 2 decisions, can easily be reversed if they do not yield the desired result. This is different from Type 1 decisions, which have consequences that are difficult or impossible to reverse. By acting quickly on decisions that can be reversed, we can save time and resources that would otherwise be spent on overthinking and analyzing.
The Pareto principle, which states that 80% of results come from 20% of efforts, can help with this. Instead of striving for complete certainty, which is often not possible, we can make decisions based on the most important 20% of information we have. This makes the decision-making process faster and allows us to act and learn from the results more quickly.
Taking quick decisions that can easily be reversed gives us the opportunity to test what works and what doesn’t in practice. Often, you only truly know if a decision is good when you try it out. If the result is not good, you can easily adjust or reverse the decision. This process of deciding, testing, and adjusting allows for a flexible approach, enabling us to make progress faster and respond better to changes.
