CEO iQ ( Decision Making Test ) Here are some decision makings challenges for you Mr CEO 1=} Scaling vs. Profitability: You have limited resources and can either focus on scaling your business rapidly to capture market share or on reaching profitability sooner. Which path do you choose, and why ? 2=} Hiring Key Talent vs. Preserving Cash Flow: A top-tier candidate who can significantly impact your business demands a high salary that strains your current cash flow. Do you hire them, or do you wait until you can better afford it ? 3=} Pivot vs. Persevere: Your startup has been struggling to gain traction with its current product, but you have a promising idea for a pivot. However, pivoting could mean abandoning the progress you’ve made so far. Do you pivot, or do you double down on your existing product ? 4=} Equity Dilution vs. Control: An investor offers significant funding in exchange for a large equity stake that would dilute your ownership and possibly influence your control over key decisions. Do you accept the funding or look for alternative ways to raise capital ? 5=} Short-Term Revenue vs. Long-Term Vision: A lucrative short-term opportunity conflicts with your long-term vision for the company. Taking it could bring in much-needed revenue, but may divert your focus from the core mission. What do you decide ? What's your decision mr CEO ?
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