Entrepreneur Mastermind Podcast
Entrepreneur Mastermind Podcast
Derick Bailey, Charles Max Wood, John Sonmez, Josh Earl
Episode 410 " Occam's Razor"
1 hour 1 minutes Posted Oct 18, 2022 at 10:00 pm.
0:00
1:01:27
Download MP3
Show notes

We’re Live. Decision-making is a process that any entrepreneur needs to have in their arsenal some situations present a lot of alternatives that can work but some of it could be easier than others. That´s where Occam’s Razor comes in. The principle gives precedence to simplicity: of two competing theories, the simpler explanation of an entity is to be preferred.

 

The guys have an interesting debate on when and how to make these decisions to produce the best possible outcome.

 

Thought of the week

 

Mani - “ Your data needs to be precise to make these decisions”