The 40-70 Rule
So how do you know when the signal is strong enough?
Use Colin Powell’s 40/70 rule.
The 40-70 rule is a decision-making principle stating that leaders should make decisions with only 40% to 70% of the available information. Less than 40% means you are guessing, while waiting for more than 70% results in missed opportunities and overthinking.
At its core, the rule encourages using intuition, our gut instinct, to bridge the ‘missing information’ gap.
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