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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.

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Greg Thomas

Software Architect

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Last Updated on November 16, 2020

10 Good Habits to Have in Life to Be More Successful

10 Good Habits to Have in Life to Be More Successful

Habits are behaviors and patterns that you showcase by default. Many good habits to have will enable you to carry out crucial activities like taking a shower, brushing your teeth, and getting ready for work. 

Interestingly, you follow this routine every day without thinking twice. Your unconscious daily habits create room for your brain to perform more advanced activities like problem-solving and choosing what book to read.

Everyone has habits, and several of those habits are activated every day. I would classify them into three groups:

  • Habits that you hardly notice as they have become a major part of your life, such as brushing teeth or getting dressed.
  • Good habits to have to be more successful, like eating healthy, exercising, and reading books.
  • Habits that are harmful, like procrastinating, smoking, or overeating.

Good habits are fundamental to becoming successful in life. Yet, as significant as habits are, some lack the knowledge of their capabilities.

While much of the emphasis falls on bad habits to break, it’s just as important to focus on good habits to have and cultivate in your daily routine.

Here, we’ll talk about 10 good habits to have to be more successful in life.

1. Begin Your Day with Meditation

I recommend mindful meditation early in the morning. This practice helps you to place yourself in the present moment. Consequently, it enables you to be mindful of challenging situations during the day.

Different stressors may trigger as you go through the day; meditation helps you to remain calm before taking on the challenges.

Personally, it helps me to devise strategies and think about ideas. Meditation is a good habit to have if you want to be connected to what’s significant in your life.

2. Be Grateful for What You Have

It’s not uncommon to waste time thinking of what’s not enough. You become immersed in those daunting challenges. However, challenges justify the presence of hope. The only strategy you have to stop focusing on your problems is to focus on what you have.

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Gratitude is a time-tested pathway to success, health, and happiness. It redirects your focus to what you have from what you lack. Try writing a list of things you’re grateful for each day in a gratitude journal, or make it a habit to say one thing you’re grateful for when you sit down to dinner with your family.

3. Smile

Can you pause and smile before you continue reading this?

Now, here is what just happened based on research conducted by the Association for Psychological Science; you set a pace for living a happier life when you smile. A genuine smile, or what’s called a Duchenne smile, is a good habit to have if you want to find spiritual, emotional, and mental peace of mind.[1]

Smiling induces the release of molecules that function towards fighting stress. The physiological state of your body determines the state of your mind. When you slouch or frown, your mind takes cues relating to unhappiness and depression. However, once you adjust yourself by putting on a smile, you begin to feel a new level of excitement and vibrancy.

4. Start Your Day With a Healthy Breakfast

Starting your day with a healthy breakfast is a good habit to have and forms a crucial part of your life. Nevertheless, about 31 million Americans skip their breakfast each day.[2]

If you are fed up hearing that breakfast is a crucial component of your day, you are only fighting the truth. If you want to become more successful, you need to “break your fast” with healthy foods every morning.

This habit is not difficult to form if you usually rush out the door every single morning. You can wake up earlier to fix yourself a meal so you don’t break down during the day.

Get inspired by these 20 Healthy Breakfast Choices That Will Save You Time.

5. Exercise Daily

One of the good habits to have is to exercise your body and muscles on a daily basis. You don’t have to run a marathon or lift tons of weights. You only need to engage in activities that oxygenate your blood and inject endorphins in your body, trying to squeeze in at least 15 minutes every day.

Jack Dorsey, the CEO of Twitter, classified exercise as a good habit to maximize his already jam-packed schedule.[3] He said:

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“I wake up by 5, meditate for 30 minutes, seven-minute workout times three, make coffee, and check-in.”

He said on Product Hunt that he follows this routine every day as it gives him a steady-state that empowers him to be more productive.

6. Manage Your Time

Another good habit is the act of managing your time effectively. This goes a long way toward impacting your achievement.

Time management is what separates the successful from the rest of the world as we all possess the same amount of time. How you leverage time determines your potential to succeed in life[4].

Good habits to have: Time management tips

    So how do you manage your time effectively?

    Here’s Jack Dorsey’s recommendation in one of the Techonomy events:

    “I accomplish effective time management by theming my days and practicing self-discipline. These themes help me handle distractions and interactions. If a request or task does not align with the theme for that day, I don’t do it. This sets a cadence for everyone in the company to deliver and evaluate their progress”.

    And this is Dorsey’s weekly theme layout:[5]

    • Monday – Management
    • Tuesday – Product
    • Wednesday – Marketing and growth
    • Thursdays – Developers and partnerships
    • Fridays – Culture and recruiting
    • Saturdays – Taking off
    • Sundays – Reflection, feedback, strategy, and preparing for Monday

    No wonder he was able to run two companies when others were struggling with one job.

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    7. Set Daily Goals With Intentions

    Everyone has goals, whether they relate to business or personal life. The truth is, we’re all tending towards a particular direction. Nevertheless, while long-term goals can offer you direction, it’s your daily goals that help you develop short-term goals that are essential for your success.

    Long-term goals may not give you the motivation you need to keep on, but when you implement your short-term milestones daily, you become fired up, and you can overcome the challenges that come with taking on bigger tasks.

    Here’s the main truth: Successful people don’t set goals without establishing their intentions. According to Jennifer Cohen of Forbes,[6]

    “What helps you to achieve your desired expectation is ensuring intentions accompany your daily goals.”

    8. Seek Inspiration

    It is usually difficult to be inspired for a considerable length of time. Sometimes, you become discouraged and feel like giving up on your goals when things are not working out as intended.

    A practical approach to stay on top of the situation is to inspire yourself each day. When you wake up in the morning (after meditation), watch some motivational videos, and let the story of great leaders inspire you.

    Establish what Anthony Robbins called the “hour of power.” Determine how many minutes you spend, but make it count. Inspiration is the fuel for achievement because when you can conceive it in your mind, you can accomplish it.

    Michal Solowow, an investor and the founder of Mitex, puts it this way[7]:

    “The problems I encounter in everyday life motivate me to find solutions. This is a self-propelling mechanism. Becoming a billionaire was never a motivating factor.”

    9. Save Steadily, Invest With All Prudence

    I can’t exhaust the good habits to have without talking about saving and investing. Most times, you overlook the significance of saving for the future when you are living in your present moment. According to CNBC, a $1000 emergency will propel several Americans into debt.[8]

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    However, it is not enough to save, and you must invest your funds and be wise with them. If you pay attention to this now, you will set yourself up for a life of success in the future. Ensure you save at least six months in your emergency account so you can be prepared for any future emergency.

    If you’re looking for a simple way to save money, check out the following video:

    10. Budget and Track Your Spending

    Benjamin Franklin warned of taking the precaution of little expenses. He said:

    “A small leak sinks a great ship.”

    It is easy to discard little expenses, but the truth is they always add up. This happens when you fail to budget.

    Budgeting is a good habit to have, and it can impact your financial life significantly. The money you spend on extravagant lifestyles can be saved and invested in your future instead.

    The Bottom Line

    Endeavor to start developing good habits to have to become more successful as you journey through life. The quicker you cultivate them, the faster you will achieve your goals.

    More About Cultivating Good Habits

    Featured photo credit: Andrijana Bozic via unsplash.com

    Reference

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