How To Make Decisions

Are you indecisive? Struggle to make fast decisions? History of poor choices? Put things off? Resort to "other peoples thinking" or following the crowd? This video shows you how to make good decisions FAST: https://www.consulting.com/channel/how-to-make-decisions

ABOUT THIS VIDEO:

Are you indecisive? Struggle to make fast decisions? History of poor choices? Put things off? Resort to "other peoples thinking" or following the crowd?

We are the sum of our choices. Where you are in life right now, your current situation, it's nobodies doing but your own. It's the sum total of every decision you've ever made. We are our choices.

This video shows you how to free up time and energy to make better decisions, how to think critically about your decisions, as well as practical mental models you can use immediately to improve your life.

Check it out and let me know what you think in the comments?

Here's the link to the full video: https://www.consulting.com/channel/how-to-make-decisions

HERE'S WHAT WE COVER:

Part one: Reduce your cognitive load

1. Make fewer decisions (decision fatigue is very real)

2. Do less stuff (sacrifice, say no to everything)

3. Make 1 decision that removes the need for future decisions

4. Have a simple personal life (low maintenance partner is key)

5. Limit your personal surface area (more area, more problems)

Part two: Think critically

1. Think critically, do your own analysis, don’t default to what others are doing (popular delusions and the madness of crowds)

2. My minimum viable wedding (MVW) + first principles + pics

2. Apply your core values/principles to guide consistent action

3. Look at decision making patterns of failures and successes (anti-patterns, positive patterns, and pattern matching for success)

Part three: Apply mental models

1. Define your goal clearly (the Polaris star)

2. Think long-term (this is 10-20-30 years, not 1-year)

3. Project decision options as vectors towards your goal

4. Calculate half-life of decision (decay or dividends)

5. Consider 2nd order consequences (what happens downstream)

6. Consider dependencies and sequencing (grandmasters are always 10+ moves ahead, it's all about the endgame)

7. Weigh input/output symmetry (chose asymmetric upside)

8. Consider risk, downside, and “ease of undo”

9. Counteract troughs with inverse curves (cashflow engineering)
RESOURCES MENTIONED IN THIS VIDEO:

1. Recommended book: Principles by Ray Dalio — get it here — https://www.amazon.com/Principles-Life-Work-Ray-Dalio/dp/1501124021/

Here's the link to the full blog post: https://www.consulting.com/channel/how-to-make-decisions

To Your Success!

Sam Ovens & the team at Consulting.com.

C'mon over to https://www.consulting.com/channel/how-to-make-decisions where we answer your follow-up questions after the episode and provide the full mp3 as well as the transcript AND FREE TOOLS! 

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Видео How To Make Decisions канала Sam Ovens