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Early bird gets the worm, always.

It is believed by many great leaders and teachers that the speed in which you make decisions can greatly improve your overall results.  I feel the improved results take place in one of two ways.

First, if you make a sound decision quickly you often become the early bird and therefore get the worm.

Secondly, if you make a decision quickly and you happen to make the wrong choice you can quickly take corrective action and often times be ahead of where you were before you started.

I find that many business owners are taking far longer in the decision making process than they should.  It seems much of this is due to fear in the economy, but remember that a bad business practice in a bad economy doesn’t make it a good one.  Bad is bad, period.  Being in a state of analysis paralysis is all too common and those who are able to make corrections now have the ability to really innovate their business.

Moral of the story:  When presented with a decision, act fast.  Do your due diligence efficiently and take action.  You will never get ahead by remaining stagnant.