[Music]
hi everyone
8c annex here decision-making is an
integral part of being a human we're all
learning this skill
ever since we are little kids deciding
whether to choose chocolate or
vegetables play xbox or study as we grow
older the decisions that we make become
more complicated
while the consequences become more
serious I don't have to tell you that
the decisions you're making today will
determine your future and how you invest
your time today will determine how
quickly you will achieve your goals but
decision-making is not an easy thing
because if it would be then people
wouldn't be making so many bad decisions
it's not that people want to make bad
decisions it just happens that there are
all these emotional triggers and noise
while we make a decisions so we end up
making poor decisions so before we dive
into the concepts and strategies on how
to improve your decision-making skills
let's have a look at some of the main
reasons why people are making poor
decisions incomplete or false
information we now live in the Internet
age where information is available to
almost everybody and lots of it the
problem is that information for the most
part is uncontrolled meaning that anyone
can post whatever they want so when you
do your research you might come across
information that is not true
this works hand to hand with
confirmation bias confirmation bias
refers to our tendency to search for and
favor information that confirms our
beliefs while simultaneously
ignoring or devaluing the information
that contradicts our beliefs emotions
humans are emotional creatures I would
say too emotional and that's why
marketers are using emotions to
influence our buying decisions and as
you have probably noticed it works a lot
of times we buy stuff that we don't
really need it is also common to get
emotionally attached let's say I have a
friend
we'll call him Pete Pete is a good
friend of mine and I really like and
respect him Pete doesn't know it but he
has a huge influence on me one day Pete
starts to smoke and he's telling me that
it's cool to smoke and all the cool kids
do that
because I respect me I believe that what
is he telling is truth and I'll probably
start to smoke as well even if I think
that it's not healthy and good for me
rush and hurry our lives are in a
constant hurry
we have deadlines to meet and we're busy
all the time so it's no wonder that one
of the biggest problems in
decision-making is rush decisions that
we later have to regret at first it
might seem like there is not much we can
do with our deadlines but usually people
themselves create situations where they
have to make rush decisions if my boss
asked me to prepare the presentation
about market research in most cases he
will give me some time to do that it's
unlikely that he will suddenly from
thinner want a presentation in the next
three hours I might be given a week or
at least couple of days to do a proper
research and come up with a good action
plan in our case we'll use week as an
example so at the point of getting tasks
it seems reasonable to prepare the
presentation in one week so if I think
it will take me 10 hours to prepare
everything I can easily spend 2 hours
each day and by the end of the week I'll
have the job done but this is not what
the most people will do most people will
procrastinate till the last day and then
be like oh my god I have so little time
left and my boss needs a presentation
today and when you're in a position like
this you'll probably make a bad
decisions as you can see we're
surrounded by an environment that can
have a huge influence on how we're
making our decisions and this
environment in no way is helping us to
make a good decisions in our life so we
have to be smart about how we're going
to tackle this so needed skill of
decision-making number one
decisions must go in line with your
goals when you have to make a decision
you should think about how this decision
will impact your goals making a decision
that is not in line with your goals will
turn out to be a disaster because it
will contradict with your beliefs and
restrict you from achieving your goals
if you want to play football and that is
your goal then picking up any other
sports will contradict with your
ultimate goal you also need to think
about your physical condition so when
you're making decision about how to
spend your spare time you should think
about how to include some physical
activity
in your plan going to the gym would be
better hobby than playing chess
number two small decisions make a huge
impact from first it might seem correct
to think that all that matters are big
huge decisions that we make in our life
like what career path to choose or in
which university to study and while it's
true that these decisions matter we
often forget about little daily
decisions that add together and make a
huge difference in our life if you look
around you will notice that these little
everyday decisions and actions lead to
extraordinary results if you write a
blog you will not be successful with one
viral post yes you might gain a boost in
traffic but that will not guarantee you
success
what will guarantee your success is the
decision to write daily and post
consistent content over extended periods
of time deciding to eat at McDonald's
will leave a bad impact on your goal if
you're trying to lose some weight and if
you want to build some muscle then
skipping a gym session is not a good
idea these are tiny decisions that have
tiny impact on the goal but repeated
over and over will result in you never
achieving your goal number three take
yourself out of the situation as I
mentioned above one of the biggest
challenges in making decisions is that
people tend to make emotional decisions
and the decision that is made in an
emotional wave is probably not a good
decision a great technique is to imagine
that you're not in a situation by
yourself but you're giving advice to
your best friend this way you have all
the reasons to make the right decisions
for your friend and you will not be
emotional because you're not in the sea
this is how it would look like let's say
I've started the new business and six
months later I find myself struggling
with everything I have problems with my
team it's hard to manage and they're not
getting on very well my product is
having some issues and I'm getting bad
feedback from my customers and sales are
quite bad as well so I start to think if
I should keep going or just quit and do
something else
if I want to make a decision while I'm
in this situation I'll be very emotional
I mean who wouldn't be in this kind of a
situation but what I can do to
make a better decision is to imagine
that my best friend is in this situation
and I give him advice about what to do
when I look at the situation without
emotions I'll be able to make a much
better decision another great tip that I
use myself quite often is making just
good enough decisions when you want to
make a perfect decision you will always
overthink an over plan and that will
lead to procrastination remember that
all the decisions that you make can be
changed as you grow your knowledge and
experience you will change your
decisions to better ones if you want to
manage your time better have more
structure in your life and achieve your
goals make sure you check out my time
planning application you can set goals
and track progress towards them create
time blocks and build your own daily
structure as well as log your time and
measure your performance best of all
it's totally free so press here to check
it out right now
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you