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 company’s success that I worry when a decision falls through the cracks at Koombea or when we’re working with a founder or product manager who 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 do things right, most decisions will be obsolete within days or weeks.