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— General George Patton
Many of the most successful people adopt simple, versatile decision-making heuristics to remove the need for deliberation in particular situations.
Jeff Bezos, the founder of Amazon.com, asks himself, is this a reversible or irreversible decision?
If a decision is reversible, we can make it fast and without perfect information. If a decision is irreversible, we had better slow down the decision-making process and ensure that we consider ample information and understand the problem as thoroughly as we can.
Bezos compares decisions to doors. Reversible decisions are doors that open both ways. Irreversible decisions are doors that allow passage in only one direction.