I’ve spoken to over 50 founders and CEOs. Here’s the advice they wish they knew at 21:

[PART 4/7]

💡 Understand the regret minimization decision-making framework.

My thoughts below:

That was a mouthful. I’m cheating - this is an idea popularized by Jeff Bezos, but also taught in many Decision Making and Game Theory courses!

The idea is that you choose the option that you would MOST regret not doing in the future. Here’s a question you can ask yourself:

”Once I’m 80 years old, which of option X, Y, or Z would I most regret thinking back on?”

This will keep you disciplined and trained to be good to your future self. It’s against human nature to prioritize your “future” self. But it’s one of the most important parts of decision-making.


#TheMillionImpactMission #AdviceFromThe50

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I’ve spoken to over 50 founders and CEOs. Here’s the advice they wish they knew at 21:

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I’ve spoken to over 50 founders and CEOs. Here’s the advice they wish they knew at 21: