Business, in general, is in perhaps 90 % cases is decision making and major difference between a businessman and any ordinary person is that businessman takes full and overwhelming responsibility on their shoulders and making those decisions, while the majority of let's say ordinary people trying to avoid making decisions, trying to pass this process this responsibility to other people. That’s why, if you want to achieve the result, achieve your goals and success in business it is critically important to become decisive and learn how to make difficult decisions.
There are two major aspects of this process which you as a businessman must understand, accept, realize and everything will be ok – you will learn to make decisions.
First major concept – you are not making any decision while you are considering something (during a period when you are in doubts and looking at options). Let’s’ say you have two options and you re concentrated on both of them, you are looking at both from different angles, going through all aspects related to each of the options – you don’t make a decision at that moment. You make a decision when you actually perform an action – decision making is an action.
The bottom line here is the time which I spent considering my decision is not equal to the quality of a made decision. That means if you consider or thing longer it doesn’t guarantee your decision will be better.
What can I suggest to you here, I have a very useful and quite efficiently working method. I divide all decisions by grade with respect to the difficulty of the decision. Let’s say from 0 to 10, difficult decision it 10 easy decision is 0 or 1. I make my time frames for all these decisions – easy decisions I spend 10 minutes for difficult not more than 1 day. That’s it, in these frames I live. I don’t’ stretch consideration and decision making to 1 or 2 or even 3 weeks, even if it is a very difficult decision, I have 1 day – 24 hours.
As said before this kind of scale and frames helps you to make decisions faster because as said before – time spend for considering and making a decision is not equal to the quality of those decisions.
Second major concept – all your decisions are correct, just try to remember this thought. Your decision is correct, not correct decisions – they o not exist. Most likely you have a question - Why? It is pretty simple. There is a logical law – a causal relation that explains to us what would happen if we would do one thing or another. Let’s say you have a choice of a decision to make, you are planning your weekend: the first option - go to a sunny beach and have some fun there, the second option – go to the mountains and take a sky lesson there. And you choose the second option going to the mountains, you come there, but instead of snow you get rain, wind – so basically the weekend is ruined, your friends, the family are sad, irritated. You come home and say- that was a wrong decision, we should have gone to the beach, BUT it is completely wrong to say like this because you never know what would have happened if you would go to the beach. Thing happens – someone could drown or some accident could occur.
Thinking so, “oh that was the wrong decision" is quite silly and stressful. Just accept this fact every decision you make is a correct decision – there are no bad consequences, what you get from every decision is experience. Experience from which you can learn, which brings you feedback in some ways, lessons learned and move forward. In general, there are no bad consequences things are just happening in line with our decisions, they are there anyway. You as a person can put tags everywhere – this is good this is bad it all completely depends on you, how you interpret this situation.- it is your choice how to do it – put tag good or put tag bad or just have a look at the result and get experience, make a step forward.
To summaries:
Decision-making is a challenge for any person and if you are a businessman the level of your decisions if growing together with consequences of those decisions. Businessman makes decisions not only for himself but and for many people around him, who will feel these consequences (employees, his family, himself).
To make decision use two concepts:
Concept one – time spent on decision making is not equal to the quality of the decision. Make yourself a scale – showing the difficulty of the decision and make tight timeframes for every decision. Don’t waste unnecessary time on easy or even difficult decisions. You are businessman -you will or you have minimum several dozens of decisions to make every day, value your time.
Concept two – every decision you take is correct, you don’t have the possibility to see what would have happened if you decide something else. All that comes from your single decision is experience, an experience which will enrich you, your skill, your knowledge and will help you to move forward.
Hope this video will be useful for you.
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