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Principles for Making Better Life Decisions
“Risky” behavior you should consider
- Propose “moonshot” ideas, knowing that 90% of them will get shot down, but that if one of them gets accepted, it will be a huge boost to your career.
- Be excessively bold in your dating life, stating exactly who and what you want.
- Buy difficult books expecting that most of them won’t be useful to you, but also that, occasionally, one will completely change your life.
- Say yes to every invitation knowing that most of the events/people will be boring, but that occasionally you’ll meet someone really interesting.
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Key Ideas
Our emotions are short-term biased
Our emotions are obsessed with the present moment because it’s difficult to look past our immediate fears and anxieties. And this prevents good decision-making.
The sweet spot in decision-making is to find the short-term failures that enable huge long-term successes to happen in the first place.
Optimizing life for fewer regrets
Most of us are afraid of messing thing up. But we rarely ask, “Would I regret that failure?” If the answer is “no,” then that is absolutely a risk you should pursue.
Sometimes, the right decision becomes crystal clear when put into these terms.
Writing stuff down for clarity
The act of writing forces you to organize your brain.
Vague feelings become structured and measured. And rereading what you write reveals your own logic (or lack thereof). It also reveals new perspectives you hadn’t considered.
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Work on the right decision
The way you frame your decision at the outset can make all the difference.
State your decision problems carefully, acknowledge their complexity and avoid unwarranted assumptions ...
Specify your objectives
A decision is a means to an end. Ask yourself what you most want to accomplish and which of your interests, values, concerns, fears, and aspirations are most relevant to achieving your goal.
Decisions with multiple objectives cannot be resolved by focusing on any one objective.
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Zero-based thinking
It gives us the rare opportunity to ask ourselves if there anything in our lives that we should do more of, less of, start or stop.
It is a decision thinking technique developed by Brian...
Difficult decisions
Difficult decisions are mostly about weighing the long and short term values. Making objective decisions is difficult because we are biased towards short-term rewards and pre-existing beliefs.
Optimal choices
Ask yourself, knowing what you know now, is there anything you are doing today that you wouldn't do again if you were able to?
Be willing to stop doing what no longer works. Sometimes it is best to cut your losses and try something else. Be prepared to take risks and understand the potential failure that goes with a new course of action.
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A checklist for faster, better decisions
- Write down 3 existing company goals impacted by the decision;
- Write down at least 3 realistic alternatives;
- Write down the most important information you...