Making Quick and Informed Business Decisions
We make over 35,000 decisions a day. From what to eat to who to hire.
Though the latter has a much greater effect;)
How can you make quick, good business decisions?
Comparisions
Almost every entrepreneur I know, has a hard time making good, quick decisions and we pretty soon figure out the reason for this is they are struggling with the thinking skill of comparisons.
Comparing is a thinking skill most people THINK they are good at but struggle to do it correctly.
We often just say the attributes of one decision or another.
For example: I prefer to sell the business because that way I don’t have to think about it But I want to hire someone as the business still brings in cash flow.
You are talking about the positives of each without putting them on the same parameters/levels.
Selling the business means I don’t have to think about it. Hiring someone means it’s still on my head and my responsibility.
Selling the business will give me a one-time lump sum. Hiring someone means I’ll continue getting cash flow every month.
You see how it’s now compared on the same parameter?
Know What's Important
If you can come to a decision KNOWING what’s most important to you and then compare your options on the same parameter/level, making decisions will be a breeze.
If I KNOW I need more time and brain space to focus on my main business and 10X those profits, it’s now much easier not to get persuaded by the second business's cash flow as you KNOW what’s important to you.
I understand that I’m making it stupid simple and most decisions are more complex and they depend on a lot of factors.
It doesn’t take away from the fact if you KNOW what’s important to you and you compare your options on the same parameters, you’ll have an easy time making decisions.
Your Challenge
Your challenge this week is to make 3 decisions following these steps:
- Know what's most important to you before entering the decision.
- Compare the options on the same level/parameters
- Make your decision
Cheers to Peak Brain Performance!
Hi, I'm ST,
Just like you, I want to be more efficient and effective.
Most entrepreneurs want to grow their business but already got a lot of stress.
At LifePix University we help you rewire your brain to become more efficient and effective while experiencing more inner peace.
Learn more here.
Your Essential Guide
to Cognitive Functions
This guide will give you all you need to start improving your cognitive functions. Learn what all 28 thinking skills are, how they apply to you and what you can do today to begin improving them.
Cognitive Functions Assessment
Thinking is not one big thing. Thinking is made up of 28 parts, called cognitive functions.
Take the FREE assessment to see where each of your cognitive functions are currently at.
We're on for 1M downloads
By the end of 2025
Can you help us reach our goal?
Share this podcast with someone you love!
Making Quick and Informed Business Decisions
We make over 35,000 decisions a day. From what to eat to who to hire.
Though the latter has a much greater effect;)
How can you make quick, good business decisions?
Comparisions
Almost every entrepreneur I know, has a hard time making good, quick decisions and we pretty soon figure out the reason for this is they are struggling with the thinking skill of comparisons.
Comparing is a thinking skill most people THINK they are good at but struggle to do it correctly.
We often just say the attributes of one decision or another.
For example: I prefer to sell the business because that way I don’t have to think about it But I want to hire someone as the business still brings in cash flow.
You are talking about the positives of each without putting them on the same parameters/levels.
Selling the business means I don’t have to think about it. Hiring someone means it’s still on my head and my responsibility.
Selling the business will give me a one-time lump sum. Hiring someone means I’ll continue getting cash flow every month.
You see how it’s now compared on the same parameter?
Know What's Important
If you can come to a decision KNOWING what’s most important to you and then compare your options on the same parameter/level, making decisions will be a breeze.
If I KNOW I need more time and brain space to focus on my main business and 10X those profits, it’s now much easier not to get persuaded by the second business's cash flow as you KNOW what’s important to you.
I understand that I’m making it stupid simple and most decisions are more complex and they depend on a lot of factors.
It doesn’t take away from the fact if you KNOW what’s important to you and you compare your options on the same parameters, you’ll have an easy time making decisions.
Your Challenge
Your challenge this week is to make 3 decisions following these steps:
- Know what's most important to you before entering the decision.
- Compare the options on the same level/parameters
- Make your decision
Cheers to Peak Brain Performance!
Hi, I'm ST,
Just like you, I want to be more efficient and effective.
Most entrepreneurs want to grow their business but already got a lot of stress.
At LifePix University we help you rewire your brain to become more efficient and effective while experiencing more inner peace.
Learn more here.
Your Essential Guide
to Cognitive Functions
This guide will give you all you need to start improving your cognitive functions. Learn what all 28 thinking skills are, how they apply to you and what you can do today to begin improving them.
Cognitive Functions Assessment
Thinking is not one big thing. Thinking is made up of 28 parts, called cognitive functions.
Take the FREE assessment to see where each of your cognitive functions are currently at.
We're on for 1M downloads
By the end of 2025
Can you help us reach our goal?
Share this podcast with someone you love!
