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Stop Dithering: Become A Better Decision-Maker

Stop Dithering: Become A Better Decision-Maker
Decision

    Ever encountered a project where only one decision needs to be made before you can finish the project? It may only take you a few hours to finish the project once that decision is made, but invariably, it’s the decision that takes forever to make. It’s because decision-making is as much a skill as riding a bike: it’s something that you learn and improve on as you practice.

    I think my first introduction to the concept of improving my own decision-making abilities was in The 4-Hour Workweek — one of the exercises Timothy Ferriss recommends is making snap decisions. But the issue of decision-making is being considered on a much wider level than just productivity gurus. Yesterday, the New York Times posted a column from John Tierney on their website titled “The Price of Dithering.” The reason that writers from Ferriss to Tierney are focusing so much on the topic of decision-making is the fact that dithering really can be quite expensive. An inability to move on to the next project can have massive opportunity costs, in addition to the financial upkeep needed to keep other folks ready to spring into action once a decision has been made. Avoiding these price tags is a matter of improving your ability to quickly make decisions and move on.

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    Snap Judgments

    When I talk about improving your decision-making skills, I’m talking about quantity rather than quality. Having the discernment to make the best decision in every situation is a skill that each of us spends our entire life working on. Instead, the quick fix is reducing the time that it takes us to reach our conclusion — while still coming to the same decision we would if we spent hours on an issue.

    The first step to handling big decisions quickly is dealing with small ones immediately. Most of us have too little time to spend even an extra half hour trying to pick out an outfit to wear to the office. As long as your proposed outfit is within the guidelines of your office’s dress code, put it on and get on to the next decision. Some of these small decisions can even be eliminated entirely. Effectively, you just need to make a blanket decision to cover a variety of situations — like if you are planning an investment strategy. Sitting down once a year and choosing where your money is going saves you from having to decide every time you get a little spare change.

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    Advise

    Whenever I struggle with a decision, I ask for advice. An expert opinion can often simplify a decision, after all. However, I’ve found that getting too much advice can be a double-edged sword — sure, information can help you make a better decision, but some advice can be faulty and sorting through the unhelpful information can extend the decision-making process. I’ve heard a variation on the classic example from just about every graphic designer I’ve ever met: a client is at some important decision-making stage and is looking at a design. The client asks for some time to consider and proceeds to ask for advice from his girlfriend/secretary/trash collector/whoever and that advisor just flat out doesn’t like the design. The problem is that none of those advisors has any experience with graphic design. They haven’t been in on the developmental meetings, they don’t know the logic that led the client and the designer to a particular design, and, therefore, they probably don’t have the necessary knowledge to help you make the best decision.

    My advise to decision-makers is simple. For any decision, limit yourself to one or two advisors who happen to be experts in their field. You should, of course, discuss the matter with those individuals who your decision affects (your spouse if you’re considering taking a job in another state, your employees if you’re moving your company to another state, etc.) but don’t necessarily consider them experts.

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    Confidence

    When you first start thinking about making a large purchase — television, car, whatever — odds are that you start out with a specific brand or model in mind. But then you start doing research, looking at other options and generally dithering about your decision. The whole process can take months, and, when you finally make up your mind, there is a fair chance that you went back to your initial choice.

    I’ve had plenty of problems with ignoring those initial inclinations myself. It comes down to the fact that many of us simply don’t have a whole heck of a lot of confidence in our own abilities to make decisions. And I’m the first to admit that my decisions are not nearly perfect. There have been plenty that I want to take back. The easiest way, however, to speed up the process of making decisions is to realize that you will make the best decision you can, based on the information you have available. Delaying isn’t guaranteed to give you the time to learn more and you may already have all the information you need.

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    Look at it this way: you’re not going to intentionally make a poor decision. Keeping the fact that you’re going to do your best in your mind may be able to provide you with a bit more confidence. That’s the optimist’s option, of course. For those of us who lean to the pessimistic side of things, thinking about worse case scenarios can be equally effective. It’s rare that we make a decision that cannot be repaired if something goes wrong. Sure, it might take a little work or money, but most decisions really aren’t life and death. I remember thinking that choosing a college would determine who I would be for the rest of my life. But college students certainly aren’t stuck with that decision: while I liked my school just fine, I had a classmate who transferred three times and a few who dropped out entirely.

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    Last Updated on June 19, 2019

    8 Life-Changing Skills You Can Learn in Less Than 6 Months

    8 Life-Changing Skills You Can Learn in Less Than 6 Months

    Everyone has the ability to learn a life-changing skill not just this year, but in the next 6 months.

    By life-changing, I mean something that can have a positive impact in your life moving forward, even if it’s something you can’t envision today. Certain skills we can immediately reap the benefits of, while others will be life-changing when we least expect it.

    In this article, we’ll share 8 life-changing skills you can learn in 6 months, where you can learn them, and how you can get started today.

    1. Speed reading

    Bill Gates has been known to state that if he had one superpower, it would be the ability to read faster. What Bill and the rest of the mega-successful understand is that knowledge is power. The ability to process information faster from books, articles, and reports is what will help us learn faster, and therefore improve each aspect of our life faster as well.

    Where you can start learning: Speed reading courses are becoming more popular, as more people realize how important it is with the limited time we have. You can check out free courses like Read Speeder or you can start learning how to use Spritzlet, which allows you to speed read articles online with a browser extension.

    2. Public speaking

    Research shows that people fear public speaking more than death itself. There’s something terrifying about being in front of dozens or hundreds of people, and exposing yourself completely. It’s when you’re most vulnerable, but learning how to public speak is a life-changer.

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    Warren Buffett has given advice to recent graduates that the number one skill you can have to succeed is public speaking skills. Everything from communication, confidence, and sales is developed when you develop your public speaking skills.

    Where you can start learning: Luckily, there are great communities out there like Toastmasters that organize local meetups all around the world. You’ll find amazing public speakers that are looking to get to the next level to beginners that are just getting started. Check out Toastmasters’ website here.

    3. Spanish

    As the third most spoken language in the world, the ability to speak Spanish will allow you to reach over 500M people around the world. No matter where you live, knowing how to speak Spanish is becoming increasingly more important, with the Hispanic population and economy spreading quickly worldwide. If you’re living in the US, this is even more important, with over 30% of the population being Hispanic.

    Spanish is also on this list, because it’s one of the easiest languages to learn. Sure, Mandarin is an important language to learn, but it’s an incredibly difficult one to learn. If we were to measure the level of importance and the time to learn for all the languages available, Spanish would make it to the top of the list.

    One of the biggest reasons why people never reach fluency in any foreign language is: using the wrong method, and lack of time.

    It turns out that humans retain only 5% of what we learn from lectures, 20% of what we learn from apps (visual cues), and 90% of what we learn from immediate immersion. Yet, how do 90% of learn a new foreign language? Language schools (lectures), books, Duolingo (apps), etc that don’t provide the real-life immersion required for our brains to learn faster.

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    Where to get started: If you want the most effective way to learn a language, learning from real-life interactions is the best way to do it. There are great websites like Rype, which offers Spanish coaching for busy people, solving the issue of lack of time and bringing real-life immersion to your screen. With Rype, you can book as many lessons as you want, at any time of the day, any day of the week, allowing you to fit it into your schedule, no matter how busy you are.

    4. Accounting

    If you’re looking to get into business, accounting is one of the core fundamentals you’ll need to succeed. While you don’t need to be an expert, you definitely should understand the basics.

    This skill can also be used to manage your personal finances, to meet your financial goals, and having more control over your life.

    Where to get started learning: If you didn’t learn accounting in school, no worries. You can either teach yourself using books, or check out free accounting courses online.

    5. Microsoft Excel

    Most people reading this probably have a basic understanding of Microsoft Excel Spreadsheet. While this is a good start, there are so many powerful functionalities that are hidden, which could make your life a lot easier.

    Excel is also a great asset to have whenever you’re looking for a job, as many corporations rely on Excel to organize and manage multiple parts of the business.

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    Where to get started learning: With the popularity of Excel, you can find tons of free resources and videos online to learn. Check out Excel Exposure, Lynda, and Excel with Business.

    6. Blogging/Vlogging

    Blogging is a powerful tool if you want to spread your ideas, build your brand, or grow your business. Since it was introduced, blogging has taken on a life of its own, and today there are ~2M blog posts being written on a daily basis.

    Where to get started learning: Anyone can start blogging today. All you need is a content-management system like WordPress, which is completely free. Personally, I think the best way to start learning how to blog is to just start writing. There are techniques you can learn on how to promote your blog, but the best way to grow your blog is to write great content.

    7. Weight training

    Yes, weight training is a skill. It’s not as advanced as learning how to code, nor will it take as long as learning a new language, if you just want to learn the basics.

    We’re not promising that you’ll get a body like Arnold Schwarzenegger, but you will see much faster results for whatever goal you have, just by understanding how to workout properly. And of course, when you’re dealing with an activity that involves physical strain, you’ll always want to caution yourself.

    Where to get started learning: There are amazing body builders that are sharing all of their secrets for free on Youtube. You can check out Bodybuilding.com’s Youtube channel to get started.

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    8. Photo and video editing

    In the digital world that we live in, from Youtube, Instagram, and Facebook, there is no avoiding photos and videos. In fact, social media has increasingly gone away from text sharing and almost everything to photo and video editing.

    Where to get started learning: For photo editing, you can use Photoshop. For video editing, you can use iMovie or Final Cut Pro. Keep in mind, there are dozens of editing software tools for video and photo editing, but what’s more important are your editing skills, not the tool itself.

    Check out education websites like CreativeLIVE or Skillshare, where you can learn from experts themselves on how to best use design and software tools.

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