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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 12, 2018

Do You Want to Know the Secret to Living a Fulfilling Life?

Do You Want to Know the Secret to Living a Fulfilling Life?

Don’t we all want to live a full, happy and satisfied life? For some of us, it need not be a long life as long as it’s been a fulfilling life of achievements, happiness and no regrets. But, how many of us actually go on to experience that entirely? It sometimes sounds more like a pipe dream–a fantasy rather than reality.

And then you’ll also get comments from some, saying that this ‘fulfilling life’ is only possible if you’re so rich that you don’t have to care about working, paying the bills or providing for your family. While there is some truth to that, I’m happy to say that financial freedom isn’t the only answer to living a fulfilling life.

Living a Fulfilling Life is Within Reach

Anyone can pursue a life of fullness, and it all starts with the willingness to learn. How many years has it been since you last attended a class in school? If you’re well into your adult years as a working professional, chances are it’s been a while. Do you remember the times where you had to wake up for early morning lectures? Or the times where you were rushing through a paper or project? And, of course there were the endless exams that you had to cram for.

As a young college student, I remember looking forward to the time when I would finally be done with school! No more homework, no more grades to worry about, no more stress! The learning was finally done and I could enter the working world.

Not so much!

Now that I’ve finally entered the working world, there are moments where I do wish to be a student again; it seemed less stressful then!

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There is simply so much out there that I still need to learn and experience. Yet I find myself pressed for time. With family commitments, my business and my own social life to juggle, I’ve had to keep on finding for new ways to learn and absorb new information efficiently. Over the years, I’ve found that by learning new skills and knowledge, I was able to find answers and solutions to my problems, which allowed me to achieve a greater sense of fulfillment.

Learning Never Ends

The truth is, learning never ends. Generally speaking, it is true that a formal education and the resulting qualifications are important in securing good jobs; jobs that allow you to excel, earn more and perhaps become more successful in our chosen career. But going to school is only one type of learning. All throughout your life, you’re learning in many ways. All these experiences shape and grow you into the person that you are today.

There are many opportunities to further your knowledge and develop the skills you need throughout life. Knowledge can be acquired and skill-sets can be developed anywhere. However, lifelong learning is about creating and maintaining a positive attitude to learning both for personal and professional development.

Many people overlook the fact that learning can take place anywhere and in many forms. Most would tend to think of learning as the years spent in a learning institute, which occurs mostly in their younger days. And once you go out into the working world, your ‘learning’ ends.

This is not how it has to be–in fact, lifelong learning is a gift that keeps on giving.

The Importance of Lifelong Learning

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Why is it important to become a lifelong learner?

A lifelong learner is motivated to learn and develop because they want to; it is a deliberate and voluntary act. Lifelong learning can enhance our understanding of the world around us, provide us with more and better opportunities, and improve our quality of life.

You’ll Remain Relevant in the Workplace

With advancements in society today, the human life expectancy continues to increase, which means more people are also retiring at a later age. So no matter what stage of life you’re in, being a lifelong learner brings its own rewards. It means we can get more personal satisfaction from our lives and jobs as we understand more about who we are and what we do.

This can lead to better results and a more rewarding working day in turn. Whether it’s for advancing your career, a personal interest or wanting to pursue new dreams, learning automatically pushes you forward towards progress and enhances your wellbeing.

You’ll Increase Your Earning Potential

From a financial point of view, a more highly skilled and knowledgeable worker is an asset to any company. This also leads to faster promotion with associated salary increases.

Someone who can offer more expertise will be of more value not just to employers but also to customers. Expertise is also, often, a key quality of an effective leader.

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And since you’ll constantly be accumulating knowledge, you’ll have an edge on those who don’t value lifelong learning and can’t bring as much to the table. Your extra knowledge will translate into transferable skills, which means you’ll always be primed to blow the competition out of the water.

Learning Gives You Options

Of course, one of the most rewarding reasons for continuous learning, is that it gives you options! Successfully changing career path in mid-life and spending time informally developing expertise is more common than ever, especially during rapidly changing market conditions.

Whatever your age, it’s never too late to start fresh in life. When you start educating yourself and exposing yourself to new knowledge and information, you widen your opportunities. This will allow you to do more than what you may currently be doing, or give you a way out if you’re not happy or fulfilled with where you’re at now.

Our economy is shifting increasingly towards short-term and part-time contracts with more flexible work-patterns. We have to adapt to changes going on in the work-world, make more of ourselves by stepping out of our comfort zones, and break the false ideas about our potential and how we believe life is going.

Gain More with Cornerstone Skills

You may be well into your career, but feel like somehow, something is still missing. Or maybe you’re not entirely happy with where you’re at in your career path and feel it’s time to reflect and perhaps do something new. Or you might be thinking of retiring soon, and thinking about next steps after retirement.

The learning never needs to stop!

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This can be your chance to go after a dream or interest that you’ve always had (but never had the opportunity, or time, to pursue). This could finally be the time for you to create the change that you know you should have made ages ago.

Why not take the first step to learn about 7 important Cornerstone Skills, which will help take your life to the next stage?

Whatever situation you’re in, having these 7 Cornerstone Skills will no doubt equip you to tackle the challenges of life much more efficiently. Don’t let age, your limitations or a comfort zone stop you from seeking greater rewards and self-improvement.

Transformation and change is in your hands–you have the power to make big things happen, and we can help teach you the skills. Don’t let life pass you by! It’s time to pursue a fulfilling and happy life.

Featured photo credit: Joseph Chan via unsplash.com

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