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Mitt Romney will announce his decision whether or not to run for president for a third time at 11 a.m. ET Friday. On Thursday evening, Romney sent out an email to supporters asking them to join him on a conference call Friday for “an update.” The same night, Romney sent a memo to his inner circle highlighting three reasons he should run: He thinks he’s the only qualified Republican in the field, polling is favorable to a win, and he thinks he can do better as a campaigner in 2016. There are also reportedly two reasons he would not run, including the toll it would take on the Romneys as well as how bruising the GOP nomination fight would be.