Golden Decision Questions

A framework of three powerful questions to help make better decisions and overcome mental blocks, inspired by Jess Ma (founder who built a $900M business).

The Three Golden Questions

  • What would I do if I wasn't afraid to fail?

    • Removes fear as a limiting factor
    • Forces you to think about your true desires
    • Helps identify where fear is holding you back
  • What would I do if I had $500M in the bank?

    • Removes financial constraints from decision making
    • Helps identify what truly matters to you
    • Shows what you'd do when money isn't a factor
  • How will I deal with being an absolute beginner?

    • Acknowledges the discomfort of starting over
    • Especially important for successful people with established reputations
    • Takes power away from the insecurity of being new

Real World Application (Jess Ma's Example)

  • Started biotech company despite being a C student in biology
    • Hired a biology tutor
    • Watched podcasts and TED talks
    • Asked experts thousands of questions
    • Partnered with domain experts
    • Focused on commercialization while learning the science

Key Principles

  • Don't let ego prevent you from learning
  • Being a beginner is a necessary part of growth
  • Partner with experts while developing your own knowledge
  • Use structured learning (tutors, courses) to accelerate progress
  • Being successful in one area doesn't mean you can't be a beginner in another

Implementation Tips

  • Hire tutors/coaches even as an adult
  • Don't be afraid to pay for expertise ($500/hour example)
  • Document and share your learning journey
  • Focus on applying learnings immediately
  • Have a specific use case or goal for new knowledge
SP

Shaan Puri

Host of MFM

Shaan Puri is the Chairman and Co-Founder of The Milk Road. He previously worked at Twitch as a Senior Director of Product, Mobile Gaming, and Emerging Markets. He also attended Duke University.

WebsiteTwitter
Host
Restaurateur
E-commerce