Reasons we fail to make the best decision possible - Deepstash
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 Reasons we fail to make the best decision possible

Reasons we fail to make the best decision possible

  • We’re (sometimes) stupid: irrational, tired or distracted;
  • We have the wrong information;
  • We use the wrong model;
  • We fail to learn;
  • We go with what's easy over what's right. 

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Mental models

Mental models

They are chunks of knowledge that can be simplified and applied to better understand the world, by identify what information is relevant in any given situation, and the most reasonable parameters to work in. 

Mental models simplify complex processes.

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Patience is the key to achieve your goals.

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Why we make bad decisions

Why we make bad decisions

  • We ignore the warning signs - feeling tired, emotional, distracted, in a rush...working in the "hurry up" culture.
  • We focus on solving the wrong problem or fail to look at it in a broader sense.
  • When we work on second-hand information...

To make better decisions...

To make better decisions...

  1. Avoid unintentionally doing something stupid. Never make important decisions when you’re tired, emotional, distracted, or in a rush.
  2. Make sure you're solving the right problem. Never let anyone else define the biggest problem to be solved.
  3. To...

FAIL FORWARD

FAIL FORWARD

When we fail, we often have a choice. We can either give up and let the failure define us, or we can learn from our mistakes and use them as an opportunity to grow. Failing forward is about choosing the latter. It's about embracing failure as a part of the learning process and us...

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