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If You Follow These 2 Rules to Make Decisions, You’re More Likely to Succeed in Life

If You Follow These 2 Rules to Make Decisions, You’re More Likely to Succeed in Life

It’s estimated that we make about 35,000 decisions every day.[1]

These decisions include: what to wear, what to eat, and what to say. In the latter case, you’re likely to have to decide thousands of times a day on what you are going to say to others. This could range from ordering your morning latte at your local café – to putting your point across persuasively in a team meeting.

Decisions… Decisions… Decisions…

They are constantly needed for us to actively partake in life. However, were you taught how to make decisions at school? Probably not. It’s likely that you were also not taught that effective decision making is an essential component of success.

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To help you out, I’m going to give you a brief tour of what skillful decision making looks like, and how you can learn to do it.

You Don’t Need to Be a Know-It-All to Make Right Decisions…

There are two little-known methods of making great decisions. These two methods have been tried and tested over the years by the vast majority of the world’s most successful people.

Can you guess what these methods are? (Please compare your answers to what you’ll read below.)

Winners in Life Make Decisions Quickly

  • Indecision leads to mental fatigue. By making quick decisions, we can maintain our mental vitality, which gives us the best chance of making the correct decisions going forward. As an example… You need to decide on how to reply to a customer complaint letter but keep putting it off. This ongoing issue is likely to negatively impact any other duties or decisions that you need to make at that time. Instead, decide how to reply to the customer – and then write the letter.
  • Quick decisions put you ahead of your competitors. Imagine for a moment that you run your own company that sells computer software. Your industry is super-competitive, and you constantly need to offer new deals and new products to stay in the game. You hear about an exciting new piece of software that is trending across social media. However, you’re not sure whether the software will be a good fit for your business. You could choose to ‘wait and see’ how the software sells for other companies, or you could decide to take the plunge and become a reseller immediately. Luckily, you picked the latter, as the software proves to be one of the most popular releases for years. You won big, because you acted quickly.
  • Perfect decisions are a myth. I know what you’re thinking… Surely, if I spend time weighing up the pros and cons of a decision, I can come to the perfect conclusion? Unfortunately not. In fact, it’s a common misconception that a perfect decision is just waiting to be found. Think of it this way, if you seek the perfect decision, you are probably going to end up making no decision – and thus taking zero action. Successful people look for the best decisions, but they also understand that perfect decisions are few and far between. For example, if you’re looking for a new job, firstly decide what area of work you would like to do. Then narrow this down to specific roles. You may end up with just one role, but usually it’s better to keep your options open by having several alternatives.

Winners in Life Stick to the Decisions They Make

  • It takes time to see whether a decision was wrong or right. Let’s say that you want to move home to a city that you’ve always enjoyed visiting. You sell your current apartment, and then immediately purchase a property situated in the heart of the new city. After your initial enthusiasm has worn off, you begin to see the negatives: the city is noisy, it’s polluted, and you don’t know anyone. At this point, you could conclude that you made a bad decision. However, if you were to give the new apartment and city more time, you may change your mind. For example, you may discover quiet, green parks for relaxing in nature. You may also start to make friends with people you meet when you’re out and about. Eventually, you may come to love your new home.
  • It’s easier to make further decisions based on your initial decision. Career decisions are at the top of most peoples ‘difficult choices’ list. You may have one idea, but your partner or family may have other ideas for you. The secret is to reach a decision promptly – and then stick to it. This has a number of benefits. Firstly, once you have made a decision, you can get on with the required steps to achieve your career goals. Secondly, when you come across any challenges to reaching your goals, you’ll be able to take the necessary decisions within the context of your initial decision. This will help you to make the right choices – and with the least amount of mental effort.

5 Surefire Ways to Help You Stick to the 2 Rules When Making Decisions

While it may take some time to break your current habits, becoming a great decision maker is easier than you may believe.

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Implement the below methods, and watch both your decision making and success begin to reach new heights.

Set your decision criteria

The most important thing when it comes to decision making is knowing exactly what you want to achieve. If you’re not absolutely clear on your objectives, then it will be tough to come to any decisions.

Imagine that you were considering taking up a new hobby but had no idea where to begin. If you leave this to chance, you’ll probably end up doing nothing. A better approach is to analyze what you are already good at and enjoy. For instance, if you love listening to music, then learning an instrument might be a great hobby for you.

Stop endless information gathering

In today’s ‘information age’, we’re led to believe that researching all the facts and figures before making a decision is a necessity. This is okay, until you find yourself becoming addicted to unearthing more and more information about something. When this happens, you become a full-time researcher, and a no-time actioner!

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Break free from this ‘analysis paralysis’ by knowing when you’ve gathered enough information to make a good decision. You can see this demonstrated in detailed reports that always include an Executive Summary. For busy CEOs, the Executive Summary gives just enough information for them to understand an issue – and to make a decision on it.

Assess the risk/reward ratio

Every time you make a decision, there is a risk that something could go wrong – but also a reward if something goes right. Let’s say that you need to decide on a whether to accept a promotion at work. The new position offers more money, but also comes with more responsibility.

To make a decision on this offer, you would need to assess whether the extra money was worth the added responsibility. To give you another example, professional investors live by their chosen risk/reward ratio. Before each investment, they decide what the potential gains are, compared to how much they could lose. Only once they are happy with this ratio do they decide to invest their money.

Decide on a backup plan

However good your decision making, there will times when things go wrong (sometimes badly!). For this reason, it’s vital to always have in place a backup plan when making major decisions. Professional athletes are an excellent example of this. At any time, their career could be prematurely ended through injury. Because of this looming threat, most professional athletes have a backup plan ready to be actioned. This could be a university degree that will allow them to quickly move into a new career, or if they want to stay within athletics, then they may have taken the necessary training to become coaches or psychotherapists (for example).

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Create decision making habits

First-rate decision makers didn’t become that way overnight. Instead, they honed their decision making over months and years. You must do the same. Start by getting into the habit of making decisions promptly, and then sticking to them. If you struggle at first, then begin with small decisions, and then move onto the bigger decisions when you have more confidence to tackle them.

Outstanding achievers have learned how to be great decision makers. Fortunately for you, the secrets to their success have now been revealed to you.

Take this knowledge – and begin immediately applying it in your life. Decide to be successful. And then let all your future decisions lead the way to the top of Achievement Mountain.

Reference

More by this author

Craig J Todd

UK Writer who loves to use the power of words to inspire and motivate.

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Last Updated on December 13, 2019

7 Steps For Making a New Year’s Resolution and Keeping It

7 Steps For Making a New Year’s Resolution and Keeping It

Are you keen to reinvent yourself this year? Or at least use the new year as a long overdue excuse to get rid of bad habits or pick up new ones?

Yes, it’s that time of year again. The time of year when we feel as if we have to turn over a new leaf. The time when we misguidedly imagine that the arrival of a new year will magically provide the catalyst, motivation and persistence we need to reinvent ourselves.

Traditionally, New Year’s Day is styled as the ideal time to kick start a new phase in your life and the time when you must make your all important new year’s resolution. Unfortunately, the beginning of the year is also one of the worst times to make a major change in your habits because it’s often a relatively stressful time, right in the middle of the party and vacation season.

Don’t set yourself up for failure this year by vowing to make huge changes that will be hard to keep. Instead follow these seven steps for successfully making a new year’s resolution you can stick to for good.

1. Just Pick One Thing

If you want to change your life or your lifestyle don’t try to change the whole thing at once. It won’t work. Instead pick one area of your life to change to begin with.

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Make it something concrete so you know exactly what change you’re planning to make. If you’re successful with the first change you can go ahead and make another change after a month or so. By making small changes one after the other, you still have the chance to be a whole new you at the end of the year and it’s a much more realistic way of doing it.

Don’t pick a New Year’s resolution that’s bound to fail either, like running a marathon if you’re 40lbs overweight and get out of breath walking upstairs. If that’s the case resolve to walk every day. When you’ve got that habit down pat you can graduate to running in short bursts, constant running by March or April and a marathon at the end of the year. What’s the one habit you most want to change?

2. Plan Ahead

To ensure success you need to research the change you’re making and plan ahead so you have the resources available when you need them. Here are a few things you should do to prepare and get all the systems in place ready to make your change.

Read up on it – Go to the library and get books on the subject. Whether it’s quitting smoking, taking up running or yoga or becoming vegan there are books to help you prepare for it. Or use the Internet. If you do enough research you should even be looking forward to making the change.

Plan for success – Get everything ready so things will run smoothly. If you’re taking up running make sure you have the trainers, clothes, hat, glasses, ipod loaded with energetic sounds at the ready. Then there can be no excuses.

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3. Anticipate Problems

There will be problems so make a list of what they’ll be. If you think about it, you’ll be able to anticipate problems at certain times of the day, with specific people or in special situations. Once you’ve identified the times that will probably be hard work out ways to cope with them when they inevitably crop up.

4. Pick a Start Date

You don’t have to make these changes on New Year’s Day. That’s the conventional wisdom, but if you truly want to make changes then pick a day when you know you’ll be well-rested, enthusiastic and surrounded by positive people. I’ll be waiting until my kids go back to school in February.

Sometimes picking a date doesn’t work. It’s better to wait until your whole mind and body are fully ready to take on the challenge. You’ll know when it is when the time comes.

5. Go for It

On the big day go for it 100%. Make a commitment and write it down on a card. You just need one short phrase you can carry in your wallet. Or keep it in your car, by your bed and on your bathroom mirror too for an extra dose of positive reinforcement.

Your commitment card will say something like:

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  • I enjoy a clean, smoke-free life.
  • I stay calm and in control even under times of stress.
  • I’m committed to learning how to run my own business.
  • I meditate daily.

6. Accept Failure

If you do fail and sneak a cigarette, miss a walk or shout at the kids one morning don’t hate yourself for it. Make a note of the triggers that caused this set back and vow to learn a lesson from them.

If you know that alcohol makes you crave cigarettes and oversleep the next day cut back on it. If you know the morning rush before school makes you shout then get up earlier or prepare things the night before to make it easier on you.

Perseverance is the key to success. Try again, keep trying and you will succeed.

7. Plan Rewards

Small rewards are great encouragement to keep you going during the hardest first days. After that you can probably reward yourself once a week with a magazine, a long-distance call to a supportive friend, a siesta, a trip to the movies or whatever makes you tick.

Later you can change the rewards to monthly and then at the end of the year you can pick an anniversary reward. Something that you’ll look forward to. You deserve it and you’ll have earned it.

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Whatever your plans and goals are for this year, I’d do wish you luck with them but remember, it’s your life and you make your own luck.

Decide what you want to do this year, plan how to get it and go for it. I’ll definitely be cheering you on.

Are you planning to make a New Year’s resolution? What is it and is it something you’ve tried to do before or something new? Why not pick one from this list: 50 New Year’s Resolution Ideas And How To Achieve Each Of Them

Featured photo credit: Ian Schneider via unsplash.com

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