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As a search fund entrepreneur, decisiveness is good, and too much analysis can stand in your way.Decisiveness is often cited as a strong contributing factor to a manager’s success, as well of that of her team. Employees are more satisfied and productive when they have a clear direction and confidence in their leader’s decision making abilities. Ironically, many MBAs I know are prone to spend far too long sorting through more and more data, and interpreting it in as many ways as possible, before taking action. We call this trap analysis paralysis. In search funds, we often see this behavior at the beginning of a search. The searcher doesn’t quite know where to start, so she falls back into her comfort zone of gathering data and turning it left, right, and upside down, in a self-indulgent exercise of habit....

#getting started