It wasn't bad decisions. It was no decisions. I had technology that could beat Intel and HP. My team waited for direction. I gave them meetings.

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A first-time president's paralysis in decision-making led to the bankruptcy of two tech companies despite having revolutionary processor technology. The fear of making wrong decisions resulted in making no decisions at all, causing the company to miss market opportunities while engineers waited for direction. After seven months of unemployment, the author learned that the cost of indecision is almost always worse than deciding wrong, and that most decisions are reversible two-way doors that don't require 100% certainty.

How I Bankrupted Two Companies

<p>the last part was beautiful mate.</p>


<p>While a bit ‘early’, this is a pretty familiar story from the dot com era.</p>
