The Millionaire Fastlane
Problem-solving
Make good decisions based on the WCCA framework

Make good decisions based on the WCCA framework

from The Millionaire Fastlane: Crack the Code to Wealth and Live Rich for a Lifetime! by M.J. DeMarco

How to Apply This

1. Before making a decision, analyze each option first using the Worst Case Consequence Analysis (WCCA) framework. Ask yourself:
  1. What is the worst-case consequence of this choice?
  2. What is the probability of this outcome?
  3. Is this an acceptable risk?
2. Choose the best decision based on the consequences and risks you’re willing to take. Evaluate your answers above and decide the best option to choose based on them. Remember that having good choices is the key to attaining wealth.

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