You don't need to make the perfect decision all the time, and if you want to preserve your decision-making energy for the things that actually matter, then try to make decisions that are not critical (e. g. deciding what toilet paper to buy or which Airbnb to rent) as quickly as possible.
If they are reversible (easily undone - like being able to get a refund for something or being able to buy another cheap item) even if they seem like big decisions, making these decisions quickly is a habit worth cultivating. It will save you energy so you can focus on decisions where the stakes are higher.
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This practice involves writing down the best and worst-case scenarios for different options. They are good for investing-related decisions but can be applied to many other instances: If you can cap the downside, and there is an asymmetrical upside, then you know at least your...
When you're considering a decision, scan your head-> chest-> gut and look for a YES signal in all three areas; that is the only situation in which you should say yes.
To identify what a YES feels like, it's helpful to first look for NO signals: meaning, for...
When you say that "your intuition told you to do X" but you haven't really done any risk-benefit analysis, it means you haven't really thought through the decision, you just want to do something and you use intuition as an excuse.
Intuition is most helpful when it is pointi...
Life is not about waiting for the storms to pass. It`s about learning how to dance in the rain.
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Decision-making is critical for business leadership. The ability to learn how to make good decisions in highly chaotic environments can give you the tools necessary to take your business to the next level.
Be prepared, use the information at hand, and make the best possible decisions yo...
Invest your focus on big decisions and make quick calls on medium and small decisions.
Small decisions impact you for a day, such as what to wear or where to eat. Medium impact your life for a year, such as deciding to go back to school or rent a different room. In the long term thou...
People usually make impulsive decisions and take shortcuts while stressed out. A 16th-century Catholic mystic, Ignatius, provides us with some methods of discernment and decision-making, which are still relevant today.
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