Dave Girouard writing for First Round Review:
I’ve long believed that speed is the ultimate weapon in business. All else being equal, the fastest company in any market will win. Speed is a defining characteristic — if not the defining characteristic — of the leader in virtually every industry you look at.
Decisiveness is so critical to a success of a company that I worry when a decision falls through the cracks at Koombea or when we’re working with a founder or product manager that can’t make up her mind.
The most important thing to remember is that you don’t have to live with most business decisions for a long time. If you are doing things right, most desicions will be obsolete within a matter of days or weeks.