23 min

#07: Satisficing vs. Maximizing Waking Up 30

    • Personal Journals

Carter and Andrew talk about how to make decisions without losing their mind.
Are you a satisficer or a maximizer? - avoiding decision paralysis How Carter and Andrew use satisficing: establish key parameters beforehand and then quickly chose an option that meets those parameters The “Prateo” or 80/20 principle - getting the most value for the least effort The Paradox of choice - more options do not necessarily mean better outcomes “Fail forward quickly” - one of Carter’s favorite quotes for living

Carter and Andrew talk about how to make decisions without losing their mind.
Are you a satisficer or a maximizer? - avoiding decision paralysis How Carter and Andrew use satisficing: establish key parameters beforehand and then quickly chose an option that meets those parameters The “Prateo” or 80/20 principle - getting the most value for the least effort The Paradox of choice - more options do not necessarily mean better outcomes “Fail forward quickly” - one of Carter’s favorite quotes for living

23 min