Here's a framework I use for A or B decisions. There are 3 scenarios:
- One is clearly better than the other.
- They are both about the same
- I'm not sure; more data is needed.
1 & 2 are easy. In the first case, choose the better one. In the second, choose the one that in your gut you like better (or use the "flip a coin" trick, and notice if you have any resistance to the "winner". That's a great reason to go with the "loser").
It's the third case that's hard. It requires more research or more analysis. But here's the thing: there are costs to doing this work. You have to decide if the opportunity cost to delve in is worth the investment to increase the odds of making the better choice.
My experience shows that—especially for people who lean heavily on logic and rationality like myself 😁—we tend to overweight "getting it right" at the expense of making a decision and moving on. Switching costs are often lower than you think, and failing fast is actually a great outcome. Unless you are sending a rover to Mars where there is literally no opportunity to "fix it in post-", I suggest you do a a nominal amount of research and analysis, then make a decision and move onto other things in your life. Revisit as needed.
Comments