- In an interview with The New York Times’ Tim Herrera, the entrepreneur and investor Patrick McGinnis discussed how a so-called fear of better options could lead one to be overly hesitant in making decisions.
- For big life decisions, McGinnis applies the same kinds of approaches he does when evaluating a potential investment as a venture capitalist.
- He writes everything he can think of down, then reads it out loud, he told The Times, “like writing an investment memo for a VC investment.”
Making big decisions can be scary, but one Wall Streeter turned venture capitalist has a strategy to overcome paralysis that is based on his experiences as an investor.
Patrick McGinnis is an entrepreneur and investor who wrote the book “The 10% Entrepreneur: Living Your Startup Dream Without Quitting Your Day Job,” in which he describes strategies for starting a new venture on your own while also keeping the security of a steady career.
McGinnis was recently interviewed by The New York Times’ Tim Herrera on the concept of fear of better options,