Sleeping on important decisions

Important decisions rarely need to be made on the spot. The clear exception is if it’s a life threatening and hence potentially life saving decision.

For most other decisions, like the decisions you face as an entrepreneur or an investor, you can afford to sleep on it.

Sometimes you know that you don’t have the answer on the spot, and sometimes although you think you do there are likely to be other variables that you haven’t had the time to process in the moment.

Sleeping on the decision for as many nights as necessary to get comfortable with the likelihood and magnitude of its potential consequences is a simple behavioral habit that greatly improves the quality of your decisions and thereby produces greater peace of mind.


Also published on Medium.