Analyse the situation and decide whether to go ahead with the decision or not
Input: I'm considering launching a new product which looks promising. However, there is a risk of significant losses if the product does not become popular.
I should analyse the risks and rewards of launching this product before making a decision. I should consider the potential returns and losses I might encounter if the product underperforms. I should also look at the potential implications of not launching the product; would I be giving up on a potential opportunity or missing out on potential profits? Once I have evaluated all the risks and rewards, I can make an informed decision about whether to launch the product or not.
The potential losses are a concern, but the benefits of launching the product could also be great if it becomes popular. I should carefully analyze the situation, including conducting market research and talking to experts, to assess the probability of success.