The 5 Second Rule is a time-honored tradition in the field of risk management. It goes like this: if you're not sure if something is a good idea, take 5 seconds to think about it. If after 5 seconds, you're still not sure, it's probably a bad idea.
Here's an example: you're considering buying a timeshare in a remote island nation with a 50/50 chance of being overthrown in a coup. Take 5 seconds. Think. Count to 5. If you've still got doubts, it's a no-go.
Of course it can! The 5 Second Rule applies to all aspects of risk management, including but not limited to: buying a new car, investing in a startup, or deciding what to wear to the office. Don't forget, 5 seconds are all you need!