The New Project Razor
When deciding whether to take on a new project, follow a simple two-step approach:
Is this a "hell yes!" opportunity? If not, say no. If yes, proceed to Step 2.
Imagine that this is going to take 2x as long and be 1/2 as profitable as you expect. Do you still want to do it? If no, say no. If yes, take on the project.
Using this approach will force you to say no much more often—you'll only say yes to projects you are extremely excited about, which are ultimately those that drive asymmetric rewards in your life.
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What you say 'Yes' to
The wrong move is to say “yes” if you don’t have the available resources to do another task.
If it’s not a ‘hell yes,’ then it’s a ‘no.’ That means if it’s a “maybe,” then it’s a “no.”
When To Say No
- This is similar to the well-known “Hell Yeah or No” method from Derek Sivers.
- If someone asks you to do something and your first reaction is “Hell Yeah!”, then do it. If it doesn't excite you, then say no.
Ways to Say No
- The Indirect “No."Say no without feeling uncomfortable by explaining the reasons why you can't.
- The “Let me get back to you.”Buy yourself time to think if you could do it and come up of a way to say no.
- The Conditional “Yes.”With...
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