This Common Decision-Making Trap Is Holding Your Business Back. Here's How to Escape.
C. Lee Smith
created: June 12, 2025, 5 p.m. | updated: June 13, 2025, 2:42 p.m.
Improve business outcomes by substituting either/or thinking with "multiple-choice thinking."
This lighthearted exchange highlights how to improve your outcomes by substituting binary thinking with what I call "multiple-choice thinking."
Beyond making the best decisions, multiple-choice thinking reduces the risk of regret (or buyer's remorse).
Related: How to Make Powerful Business Decisions Without Guilt, Shame or RegretReal-world examplesEntrepreneurs can apply this mindset everywhere:Suppliers: Don't wait for a supply chain problem to put your business into an emergency situation.
Your mission is to make the best decision with the information available at the time and move on.
4 months, 3 weeks ago: Entrepreneur