When deciding whether to leave a stable job to start Amazon, Jeff Bezos asked which choice he would regret more at age 80. People are far more haunted by the opportunities they didn't take than the ones they took that failed. This is a powerful mental model for making bold career leaps.
The allure of a safe, prestigious corporate job can be a trap for young entrepreneurs. The logical choice to 'learn how large enterprises work' can override passion and kill momentum. The time for maximum career risk is when personal responsibilities are lowest; delaying risk-taking makes it exponentially harder later in life.
For entrepreneur Emma Hernan, the fear of failure is less significant than the regret of procrastination. She advises aspiring founders that the greatest risk isn't that a venture might fail, but that it might never start. The opportunity cost of waiting is higher than the cost of a potential misstep.
At age 44, Matt Spielman reframed his career pivot not as a risk, but as a mitigation of a greater one: staying on the wrong path. He believed waking up at 55 having not pursued his passion would be a far worse outcome than the uncertainty of starting his coaching practice.
The motivation to start Blue Jay wasn't just market opportunity, but a powerful personal exercise in avoiding future regret. The founder envisioned himself decades from now, knowing he saw the AI freight train coming for his industry but chose not to act. This imagined feeling of "profound regret" created the urgency to change his professional trajectory.
When you take a professional risk, the result is binary: either you succeed, or you fail. While failure might sting, it provides a definitive answer, freeing you from the mental anguish of wondering 'what if.' Both outcomes are superior to the paralysis and prolonged uncertainty of inaction.
While it's easy to regret known bad decisions, like passing on an investment, the far greater mistakes are the unseen ones. The meeting you canceled or the connection you didn't pursue could have been the pivotal moment of your career. This mindset liberates you from the fear of making visible errors and encourages action.
The speaker contrasts the lasting, painful regret of not acting with the temporary sting of potential failure. Living with unanswered questions ('what ifs') is a 'torture chamber,' while rejection provides closure and allows you to move on. This applies to sales, career moves, and networking opportunities.
Surveys reveal that a majority of professionals (60%) would restart their careers differently. Author Daniel Pink attributes this to "boldness regrets," where the pain of not taking a chance (inaction) ultimately haunts people far more than the pain of trying something and failing. This is the root of widespread career dissatisfaction.
Hesitating to start a project for fear of wasting time and money is a paradox. The most significant waste is the opportunity cost of inaction—staying on the sidelines while revenue and experience are left on the table.
A founder's retrospective analysis often reveals that delayed decisions were the correct ones, and the only regret is not acting sooner. Recognizing this pattern—that you rarely regret moving too fast—can serve as a powerful heuristic to trust your gut and accelerate decision-making, as inaction is often the biggest risk.