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How to Make Gut Level, Intuition-Based Decisions

The eCommerceFuel Podcast · with Drew Sanocki · August 7, 2015 · 18 min

Summary

Making sound decisions is paramount for ecommerce success. This episode delves into how entrepreneurs can leverage intuition, balancing it with data and external perspectives to make impactful choices whether they are large or small. Learn to recognize the subtle cues that inform your gut feelings and discern when to trust them versus when to seek more information.

Key takeaways

Themes

founder & leadership

Topics covered

decision-making strategyintuitive judgmentcognitive biases in businessseeking external advicebalancing intuition with data

Episode description

Drew Sanocki joins me to talk about our experiences with making decisions based on our intuition, as well as both of the instances where we got it right and wrong. Find out why you need to pay attention to the little things, get outside perspective and take your time before jumping into any significant decisions. With our help, you can learn to use your intuition to make judgement calls that will help you reach your long and short-term goals with ease. You can find show notes and more information by clicking here: http://bit.ly/1IfiLC4

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Frequently asked about this episode

What does this episode say about founder & leadership?
Recognize that intuition is often subconscious pattern recognition; pay attention to 'little things' that trigger gut feelings.
What does this episode say about founder & leadership?
Actively solicit outside perspectives to validate or challenge your intuitive leanings, especially for significant decisions.
What does this episode say about founder & leadership?
Avoid impulsive decisions by taking time to process and reflect, even if your intuition feels strong.
What does this episode say about founder & leadership?
Study past instances where your intuition was both right and wrong to build a more accurate internal 'decision dataset'.
What does this episode say about founder & leadership?
Understand cognitive biases like hindsight bias and action bias to prevent them from skewing your intuitive judgments.

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