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Recoverable and irrecoverable decisions - Herbert Lui

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Recoverable and irrecoverable decisions - Herbert Lui

When you need to make an anxiety-inducing decision, ask yourself: What is the worst realistic outcome? Will you be able to recover from it? Let’s say you want to make a product and sell it, and you need to invest in inventory. The manufacturer needs you to order $1,000 worth to meet their minimum. The […]

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