How every decision you make is wrong

And why your company can still succeed because of it

Aytekin Tank
Jun 14, 2018 · 6 min read
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Originally published on JOTFORM.COM

“This is never going to be right.”

How to make the right decisions: all models are wrong

“All models are wrong, but some are useful.”

“… George Box’s point was that we should focus more on whether something can be applied to everyday life in a useful manner rather than debating endlessly if an answer is correct in all cases.”

The real problem is that the prospect of getting it right is so daunting that we decide doing nothing is better.

So today, with so many companies rapidly developing new products seemingly every day, we don’t fear failure — we fear mediocrity. We fear not getting it done perfectly.

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Drew Houston, founder of Dropbox, had an SAT prep company that he failed to get into a startup accelerator.

Reid Hoffman, Co-Founder of LinkedIn, first created an online dating and social network site that the world just wasn’t ready for.

Melanie Perkins, Co-Founder of Canva, received over 100 NOs for her graphic design platform before getting funded.

After the first go-around, they knew more for next time. Something perfectionism will never allow.

Why perfectionism is bad for business

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Building the ‘screw it’ attitude

“If you’re not embarrassed by your version one release, you released it too late.” Reid Hoffman

The Startup

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Aytekin Tank

Written by

Founder at www.JotForm.com || (contact: AytekinTank@JotForm.com)

The Startup

Medium's largest active publication, followed by +752K people. Follow to join our community.

Aytekin Tank

Written by

Founder at www.JotForm.com || (contact: AytekinTank@JotForm.com)

The Startup

Medium's largest active publication, followed by +752K people. Follow to join our community.

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