No Regrets

http://cdixon.posterous.com/regret-minimization


This is a way of looking at the decisions that I have fallen back onto time and time again. Entrepreneur and venture capitalist, Chris Dixon puts it simply and clearly. The main point is that when you cannot decide between a set of actions, always choose the one that you won't regret.
The web comic xkcd illustrated a very similar result the following way:

http://xkcd.com/458/


It can be tempting to do nothing because of the fear of failure, lack of self confidence or a million other reasons that are more than reasonable at the time. However the real question is how will you view this decision later? Is it something you will be able to laugh off, or will it be something that you repeat over and over again in your head? The naughty corollary is of course to follow the course of action that will lead to a better story later on, but that’s a whole other point.