4. Waiting too long to make a decision.
“If you can apply the 40/70 rule, you’ll be successful at whatever you choose to do. Years ago, I learned a valuable principle from General Colin Powell: You only need 40% to 70% of the information to make a decision.
If you require total certainty, you’ll miss opportunities. So how do you make a call while leaving potential data on the table? Trust your gut, pull the trigger and move on.
Effective leadership is a blend of knowledge and experience. Often, your ability to make decisions in the absence of information can be your ultimate value proposition.”
—Shaun Rawls, founder and CEO of Rawls Consulting; built The Rawls Group of Keller Williams to over $4 billion in annual sales; author of the upcoming book “F’-IT-LESS.” Connect with Shaun on Facebook and Twitter.