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What are the benefits of making a decision solo as a business person?

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I am sure everything that has a demerit also has a merit. The most common thing in business is that business decisions should be made with the team.

But what about a business person that makes decisions solo? Are there absolutely no advantages of making decisions solo for your business as the owner?
 
The thing about solo decisions in business is that it would always be quick as you don't have to reach other people for that decision.
 
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