How To Make Better Business Decisions

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How To Make Better Business Decisions

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Let's break down the real-world tension between gut instinct and data-driven decision making in business. Through honest stories and firsthand experiences, from early financial risks and missed opportunities to current expansion plans, David & Stan explore how different decision-making styles can both succeed and fail. David shares how trusting his instincts has helped uncover opportunities ahead of the curve, while Stan highlights the importance of data, timing, and minimizing risk. They dive into the challenges of making high-stakes decisions without perfect information, the risks of acting too quickly or waiting too long, and how fear, timing, and external noise can influence outcomes. The conversation also touches on expansion strategy, networking, verifying data in today’s digital landscape, and the importance of aligning with the right partners. If you're building a business and struggling with when to trust your gut versus when to rely on data, this episode offers a candid, balanced perspective on how to navigate both.

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