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	Podcast:		Waking Up 30
	Episode:		#07: Satisficing vs. Maximizing
	Category:		Business
	Duration:		00:23:09
	Publish Date:		2017-02-26 18:35:14
	Description:		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
	Total Play:		0