I have used this quote quite a bit, thanks to Jim Barksdale for it.
If we have data, let’s look at data. If all we have are opinions, let’s go with mine.
Jim Barksdale, former CEO of Netscape
Many start-ups get caught up with having a shortage of data, they jump around on their strategy based on the last person they have spoken to. This can be a killer in a startup environment, you need to be decisive and try and stick to your decisions early on until you have been proven wrong by the data.
Decision making is hard enough when you have data, but when you have lack of data sources you can make really bad decisions based on your opinion.
If you really have to make a decision based on data, then use mine, it is most likely to be as right as yours!Tweet