11. The 40/70 Rule - Deepstash

11. The 40/70 Rule

Former U.S. Secretary of State Colin Powell suggests that when making tough decisions, you should gather between 40% and 70% of the information you need.

With less than 40%, you risk making uninformed choices and mistakes.

With more than 70%, you may become overwhelmed and indecisive, potentially missing the opportunity altogether.

The ideal range of 40% to 70% allows you to make informed decisions while relying on your intuition to guide you, helping you act without getting stuck in analysis paralysis.

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ajaymalhotra

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"Finish What You Start" starts with an exploration of why we often fail to complete tasks. Peter Hollins highlights the common problem of starting projects with enthusiasm but losing momentum as we go along. He identifies key psychological factors, such as fear of failure, perfectionism, and lack of self-discipline, that contribute to this behavior.

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