This is a list of questions to ask before making a decision. I’m updating this list personally and trying to understand what smart, wise, successful people take into factor when they make decisions. This is just an early list. I’d love it if you contributed! Check out the details on how to connect with me at the bottom of this list. I’ll probably add an audio or video note in this at some point. Enjoy the list and the rest of your day 😊
Timing
How long have I been thinking about this? How much time is appropriate?
Is now the right time to make this decision?
What are my core obligations?
Trust
Do I trust the people involved in this decision?
Do I have the capacity to make good on commitments from the decision?
Will this be worth it or does it just seem exciting now?
Does this add to stability?
Is this profitable? If not, why am I doing it?
Will I be able to delegate this task effectively?
Risks
What risks come with this decision?
What’s the best outcome?
What is the worst outcome?
Am I in the right mindset to make these/this decision? Have I had enough sleep, food, routine etc?
Do I fully comprehend the technical aspects of this decision?
Have we set a well-defined budget, timeline and scope?
Opportunity Costs
What is the risk of not making this decision?
Shareholders
Who are the shareholders? How are we positively or negatively affecting them?
Who needs to know before I make this decision?
Do I have all the information I need to make this decision? If not, what am I missing?
Ethical
What ethical considerations must I take into place?
When I am dying, will I look back at this decision for the right reasons?
What would my family, friends, and loved ones think about this decision?
Is this instant gratification or not?
What about this decision is leading me down a path of longing? What am I not content with right now that I am making this decision? How can I evaluate the validity of this decision?
Is this line with who I am and who I want to be?
Am I being naive?
Business
Is this aligned with growth/financial projections?
Is this scalable? If not, how can we make it?
Will this maintain positive cash flow?
What do I expect the return to be on this?
Will this benefit or hurt the company/personal brand in the future?
Mission
Is this in line with my personal and company mission?
Is this decision in line with my short-term goals?
Is this decision in line with my long-term goals?
Focus
Is this keeping me focused or spreading me/us too thin?
Will this help me or take me out of the flow state?
Who could do a better job at this then me/us?
Should I share this publicly or not? Who might see and care?
Have I thought through this long enough? How long is long enough?
Gut
What does my gut tell me? Is my gut healthy enough to be relied on?
Frameworks
ICE
Thank you for checking out my list of questions to ask before making a decision!
Thank you for live learning with me!
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