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Successful People Aren’t Luckier Than Everybody Else, They Just Know How to Make Good Decisions

Successful People Aren’t Luckier Than Everybody Else, They Just Know How to Make Good Decisions

What contributes to the difference between the decisions successful people make and all other decisions made around the world on a hourly, daily and even weekly basis. Why do some people consistently make right decisions over and over with little room for failure?

How do we, become better at making decisions in our own work and personal lives to emulate this level of success?

Successful people always identify the problem first

It starts with identifying the problem in front of you. Do you need the new sports car or do you need a new mode of transportation to get to work? Both are completely different problem sets.

The former has an assumptive solution built into it that you need a new car and that this car MUST be a sports car while the latter asks the question how you can get to and from work – which can include a variety of potential solutions – car, train, bus, bike, walk, skip, etc. With any decision it’s important to first frame the problem within the context of the actual problem itself and not within the frame of the solution we are trying to get to.

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When compared to successful innovators, this thinking enables them to go out of the box in their thinking without feeling pushed into a corner before they have started.

They narrow the focus and limit their options

I want to help kids learn versus I want to help kids learn how to be better programmers are two very different focus sets. Both are aimed at helping kids grow, but the latter statement puts the decision making firmly into the decision makers hands – “this is what I am going to focus on, this is where I will be successful” – whereas the former statement leans toward bringing in external consultation as to what the focus should be and takes the decision making process out of our own hands.

Many people become concerned when they narrow their focus for fear that they are minimizing their chances of success by limiting their options to what they could achieve. When in fact, when we narrow our focus, we are actually increasing our chances of success by ensuring that each available option in the decision is one within our proven niche where we have already been successful.

They look at the long-term play instead of the short-term success

Successful decision makers are always looking at the long-term play. Short-term success is fleeting, here today, gone tomorrow but long-term success is everlasting. When we evaluate our decisions for the long-term we look at criteria that are not available today but might be factors for tomorrow that would change the decision we make.

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Buying the sports car today, during the summer, when the weather is hot outside is a great decision for today and the next few months, but come winter it’s value will sharply decrease as other factors will come into play, relegating it to storage over the winter months when it is probably needed the most.

They digest the useful information and ignore the chatter

We live in an information rich society where we are constantly bombarded with information. Look at how best to build something as simple as a wooden box to store firewood and you’ll find hundreds of pictures, articles and possibly even some blogs that are dedicated to their existence, all espousing their incredible features and one upmanship.

How does one decide in the face of so much information?

Ignore it, put it aside, take what you need and move on. At the end of the day, the decision is yours to make and not the world’s. Successful decisions are based on ignoring the chatter and the backroom banter which are aimed at closing ours minds to the potential successful of new ideas. Many innovations that have come before us are based on people consuming what they needed to know, ignoring the chatter and making successful decisions for the simple reason that they ignored this chatter.

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They separate the good from the bad and needs from wants

We’ve alluded to this already but it is worth mentioning on it’s own to drive the point home. Successful decision makers are able to separate the good from the bad, the right from the wrong and the needs from the wants when evaluating their decisions.

A successful decision maker separates their personal ambitions and desires from the decision and looks at the criteria in front of them that will shape the decision and demonstrate what is needed for it to be successful.

In some cases, this involves a complete separation of the decision maker from the decision for a period of time by taking a break and coming back to it to look at the decision with fresh eyes and a different approach to ensure the decision is not being skewed.

When employed correctly, this removes the potential for rash, impulse decisions that can have potentially negative, long-term effects.

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They reflect and evaluate every decision they made

When was the last time you looked at a decision you made and reflected on it? Really reflected on it, not simply – “I should have done this” – but looked at the process for how you came to the decision, the information you gathered, where your focus was, who you listened to, etc, etc?

Very few of us actually do this to the point of critiquing our approach in how we arrived at our decision and what we should do better next time. Perhaps because we have such a strong emotional tie to the decision or because there is no one else to “blame” but ourselves or perhaps because we are still living the impact of that decision.

Whatever the reason, to make successful decisions on a continual basis requires the awareness and afterthought to evaluate what we did wrong, where we went wrong and what checks and balances we must put in place today to make sure that it does not happen tomorrow. Of all the aforementioned steps, evaluating where our decisions went wrong is the best way to ensuring we are successful in our next ones.

Are you making bad decisions today? Or perhaps ones that you wish could be more successful? If so, start with a sampling of what you did, what would you do differently if you had the chance to do it again – how would you better identify the problem or narrow the focus to ensure you are making the right decision against the problem. Are your decisions focused more on short-term gain fueled by chatter and likes or are you too close to it to make a rational decision?

Successful people make great decisions because they apply the criteria in front of them differently when identifying a their options which in turn increases the probability of their success. But there is no reason why we cannot apply that same criteria to making our own successful decisions.

More by this author

Greg Thomas

Software Architect

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Last Updated on October 23, 2018

How to Eliminate Work Stress When You’re Stressed to the Max

How to Eliminate Work Stress When You’re Stressed to the Max

Workplace stress is a modern epidemic. More than one-third of American workers experience chronic work stress. This is estimated to cost American businesses up to $300 billion a year in lost work hours and medical bills.[1]

Clearly, if you’re suffering from work stress – you’re far from alone. But, work stress isn’t inevitable.

In this article, I’m going to help you identify the root cause of your stress and suggest the most suitable ways to cope with job stress so you can become a happy and productive worker again.

Where Work Stress Comes From

Certain factors tend to go hand-in-hand with work-related stress. The causes of stress include:

  • Too much work – you feel overwhelmed by your work and find yourself saying: “There are not enough hours in the day!”
  • The job is too easy, not challenging or inspiring – this is where boredom (which is stressful) sets in.
  • Pressure from co-workers or lack of social support – colleagues are not helpful or only care about their own tasks.
  • Little praise and lots of criticism – this is where a lousy manager uses constant criticism to ‘try’ to motivate you.
  • Very demanding or competitive working culture – sales departments often fit this category.
  • Not having enough control over job-related decisions – this is when people try to micro-manage you.
  • High expectations on yourself or seeking perfection – while it’s good to do your best, being a perfectionist can be a powerful stress generator.
  • Low salary – if you work hard but receive slim financial rewards, you may start to feel downhearted, frustrated and stressed.

The Negative Effects of Stress on Your Mind and Body

Chronic stress is bad news for your mental health and physical health. These are some health symptoms of stress:[2]

    If stress hormones are triggered in your body for extended periods, they can lead to increased physical aging. This is because stress makes your cells look and act older – and this is reflected in your physical appearance.[3]

    In addition to the negative effects on your body, stress also has a significant influence on your brain – negatively impacting your daily performance.

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    I recommend you watch the 4-minute video below to see just how stress can wreak havoc on your brain and your performance:

    How to Cope with Work Stress (A Step-By-Step Guide)

    You don’t need to be a victim of work stress. Here’s how to manage stress in the workplace:

    1. Set aside some time for planning

    If work has become too much for you, and you’re constantly falling behind… stop! Instead of trying and failing to catch up, you’d be much better off spending some time thinking about your goals and how your prioritize your tasks.

    Learn how to set clear goals with this step-by-step guide.

    For instance, if your initial goal is just to get on top of your work (probably for the first time in months), then take 10 minutes to think clearly and deeply about how you can achieve this. Most likely, you’ll be able to come up with tasks that you need to complete to reach your goal. And once your goal and tasks are clear in your mind, you’ll be ready for the second step.

    2. Align your tasks with your goal

    Just knowing your goal and associated tasks is not enough. Many people reach this stage but still fall behind with their work and fail to achieve their goals.

    The secret is to understand which of your tasks should be high priority and which ones can be done when you have spare time.

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    For example, checking your inbox every 20 minutes may seem to be a productive task for you, but in reality it acts as a constant distraction and productivity killer. Instead, you’d be better off setting aside 30 minutes in the morning to check your emails and 30 minutes in the afternoon to do the same.

    By doing this, you’ll free up the bulk of your day for tasks that can help you reach your goal. These tasks are likely to be things like: writing a business proposal, creating a PowerPoint presentation, and finishing an important project.

    These tips on how to prioritize will help you align your tasks with your goals and work 10X more efficiently.

    3. Remove, change or accept the stressors

    How to tackle specific work stressors? I recommend the following method that WellCast introduced:[4]

    Take a piece of paper and divide it into three columns. At the top, write remove in the first column, change in the second and accept in the third.

      Next, think of the stressors that are getting to you the most. Perhaps it’s your paycheck; it might be way smaller than you’d like or feel that you deserve. Don’t worry, this is your chance to break free from the stress surrounding your low pay.

      Think for a few moments, which would you prefer:

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      • To remove yourself from the company
      • To try to change your salary by asking for a pay rise
      • To accept that your salary is okay for you

      You may be surprised at what thoughts come into your mind. Don’t reject them, but allow yourself time to be clear on how you’d like to proceed.

      If the status quo feels good to you, then write “paycheck” in the accept column. If you decide you want to increase your salary but stay in the same company, write “paycheck” in the change column. And finally, if you decide the time is right to seek a new opportunity at a different organization, then write “paycheck” in the remove column.

      By being decisive in this way, you’ll immediately feel freer and in control of your destiny. And your stress levels will begin to trend downwards. All that remains is to set yourself a clear goal of what you want to achieve and how you’re going to do this.(Luckily, steps #1 and #2 above will help you out!)

      Of course, if you have multiple work stressors, then use your remove, change or accept sheet to work through all of them. It will be time VERY well spent.

      4. Create positive relationships at work

      One key to improving your ability to manage stress is being able to accept help from others. Not only does it alleviate negative circumstances by simply distracting you and creating a buffer between daily tasks and their negative connection, it will provide a sense of support and relief.

      Make an effort to create friendships with your colleagues. Go to the after-work happy hour or just ask a colleague out for coffee at lunchtime. Not only will you have someone to confide in, but you will start to associate positive feelings to work.

      Forming a healthy relationship with your manager or supervisor is also a good way to alleviate stress. Positive, two-way conversations about where you stand in your job, being honest about how you feel, and working together to make a plan of action in terms of improved work conditions and expectations are paramount. This will lead to opening up and receiving the necessary resources you need to support or help you.

      5. Take time out for yourself

      Anyone can get overwhelmed when stress occurs at work, and this can spill into other areas of your life. This is why it’s important to clock out mentally from your job from time to time.

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      Take time off to relax and unwind in order to regain your energy and come back to work invigorated. Make sure you actually do something you enjoy like spending time with your kids or partner, or visit that country you’ve always wanted to explore.

      If taking time off work isn’t possible in the midst of your stress, take scheduled breaks throughout your day. Sit quietly somewhere or do some stretches to get your blood flowing like in the example below:

      6. Take mindful action towards your health

      The irony of stress is that your healthy habits can take a backseat. Maintaining and even improving your health will keep your stress under control. Here are some ways to keep you physically fit:

      • Eat healthy foods. Make sure your diet is full of foods that provide your body with sufficient nutrients. Eat more fruits and green vegetables, whole foods, omega-3 rich fish, and seeds such as flax, chia and hemp. These types of food ensure your body is working optimally to cope with its stress mechanisms.
      • Avoid unhealthy foods. This is obvious, but it’s these kinds of food you reach for in times of stress and negativity. High fat foods such as cheese and red meat cause sluggishness and tiredness. Foods high in refined sugars like biscuits, chocolate bars, and bread can be convenient snacks, but they cause you to crash and burn. Same with caffeinated drinks such as coffee and sodas – these are just ‘band aid’ habits that interfere with your ability to sleep.
      • Exercise regularly. Endorphins are the best for counteracting stress, and what better way to release them than doing physical exercise. Exercise creates a distraction and helps you get your thoughts back together in an orderly way. Start a new exercise regime – whether it’s running, swimming, cycling or walking to work. Getting your blood and endorphins flowing will make you feel happier.
      • Get enough sleep. Make getting 8 hours sleep a priority. When we’re stressed it can sometimes feel hard to get to sleep but sleep deprivation only exaggerates our current stress. A well-rested mind is able to find solutions to problems more easily and reacts better to daily stressors.

      Final Thoughts

      Everyone encounters stress at work. It’s a natural and normal human reaction. The difference between letting the stress overcome you and coping with it is getting a head start by creating a positive environment and lifestyle.

      Counteracting stress is both an inside and outside job. Focusing on improving your health will create a positive mind able to react better. Forming positive relationships with certain people around you will give you emotional support.

      Beat stress with the right mindset!

      Featured photo credit: whoislimos via unsplash.com

      Reference

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