
Taking Strategic Risk in Business: How to Determine Whether a Decision is the “Right” One
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<p>Have you ever struggled with a decision in your business? Have you ever laid in bed and thought “is this decision the right decision?”</p><p>(<em>Ok, that was a trick question: we all have</em>).</p><p>A few months ago, in <a href='https://jasminestar.com/podcast/episode304/'>Episode 304</a>, JD and I shared about how we were learning to embrace uncertainty and how that played out in our life and business.</p><p>A podcast listener reached out to me after that time to share how meaningful the podcast had been to her - and then she shared her own framework for making a decision that was just so dang good, I had to share it with you. Here’s the cliff notes version of the three questions she asks herself - but you’ll want to click play to hear the full context so you can apply it to your next business decision.</p><p><em>Question 1</em>: Do I have the chops to do this new thing? [04:01]</p><p><em>Question 2:</em> One year from now, would I regret not giving this a shot? [04:12]</p><p><em>Question 3:</em> What’s the worst that could happen if it didn’t work out? [04:27]</p>
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Taking Strategic Risk in Business: How to Determine Whether a Decision is the “Right” One
user5578044939555