WATCH THIS if you’re stressed about a decision
Summary
- I learned that making better decisions often means avoiding making really stupid ones.
- At 19, after multiple arrests, I decided to completely change my life and did not look back.
- I've discovered the value of valuing each other's opinions in partnership, as compromise often leads to better decisions.
- Having multiple perspectives in decision-making leads to more successful outcomes, which applies to companies too.
- Investing in multiple businesses simultaneously can be challenging; it's essential to consider timing and context.
- Being a business leader means understanding the impact on all stakeholders and making decisions that most likely improve everyone's situation.
- Recognizing that disagreements often stem from fear, self-interest, or overwhelm can improve understanding and communication.
- I've realized that communicating with logic and evidence rather than feelings leads to more effective outcomes.
- Intuition can be a form of pattern recognition, helping to identify when something is likely to be unsuccessful based on past experiences.
- It's important to reassess initial decisions as new information becomes available and adapt accordingly.
- Learning from the mistakes and advice of others who have achieved your desired outcomes can help you avoid making those same mistakes.
- Prioritizing requires considerate timing and an understanding of which tasks are most relevant.
- Being more decisive involves taking the perspectives of various team members and striving for clarity in leadership.
- I value walking as a reflective practice to help me think through decisions and be more decisive.
Video
How To Take Action
I would suggest implementing the strategy of making better decisions by not making really stupid ones. This means pausing and thinking, "Is this a bad idea?" If it feels off, maybe it's best to not do it.
If you're working with a partner or in a team, value each other's opinions. When you have to make a big decision, listen to each other, and find a compromise. This can lead to smarter choices that help everyone.
When you're leading a business, you want to be a good leader. That means thinking about how your choices will touch everyone involved. Ask yourself, "Will this make things better for all the people in my company?" This can be tricky, but it gets easier with practice.
If you're facing a disagreement, try to see where the other person is coming from. They might be worried, thinking about themselves, or just really busy. Understanding this can help you talk it out better.
When you're making decisions, use logic and evidence, not just feelings. If you have an intuition about something, try to figure out why. Look at past experiences – it's like your brain spotting patterns from before.
Be open to changing your mind if new info comes up. Ask, "If I started this today, with what I know now, would I do it the same way?" If not, what can you change?
Learn from others who got where you want to be. If they say they wouldn't do something again, maybe you shouldn't either.
Finally, decide what's most important to do right now. Focus on what's most relevant at the moment.
And remember, walking can be a great way to think about your choices. It's quiet time to reflect on what's best.
Quotes
"you just can't make stupid ones"
– Leila Hormozi
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"make fewer dumb choices"
– Leila Hormozi
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"when we both bring our opinions to the table and we find a way to integrate them both into a decision we tend to make better decisions"
– Leila Hormozi
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"I promised myself after that happened that I'm not going to do that again"
– Leila Hormozi
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"If I knew then what I knew now would I still have selected all these things if the answer is no how quickly can we change"
– Leila Hormozi