I often talk about the importance of making better decisions, and the impact that decisions have on your life, but I don’t often communicate the importance of quickly making better decisions. Ths isn’t meant to rush you along in your decision making, but it is to help you realize that there will be times that quickly making decisions is required of you as a leader. There will be many situations where a quick answer is not only beneficial to you and a specific situation, but is necessary due to the rapid pace in which this world moves.
This being said, here are three reasons why you must become better at quickly making better decisions:
The quicker you become at making better decisions, the longer you are able to reap the benefits.
I’ve always tried to make decisions with this piece of knowledge in mind. Some decisions have been bad and some have been good, but I’ve learned from each decision along the way. I don’t know about you, but for me, life has been one giant classroom, teaching me many things along the way from the decisions I have made.
But, there is one lesson that I’ve learned from my decisions, and it is that we should all look at decision-making in the same way that we look at financial investments. The benefits that we receive in the long-run from making better decisions sooner is tremendous. You can benefit greatly from starting the right business sooner rather than later. You can work in the business longer, you can reap the financial benefits for a longer period of time, you can better your entrepreneurial skills for a longer period of time, and the benefits go on and on. You really can apply this concept to making any better decision in life.
Again, this isn’t to push you to start before you are ready, but it is to get you thinking about the effects that your decisions have. When you look at life in this way, your excuse of being too young or not ready enough to take on more can’t exist, because maximizing your return on investment in life requires that you begin as soon as possible.Maximizing your ROI in life requires that you begin as soon as possible. Click To Tweet
The quicker you become at making better decisions, the more you will be able to do.
Dave Girouard, the CEO of personal finance startup Upstart, believes that speed is the ultimate weapon in business, and he definitely has a point. I have noticed that the faster I become at making decisions, the more decisions that I am faced with in my day. Once I make a decision, I can then move on to the next one, opening up endless possibilities. Yes, I’m bad at multitasking, but there’s more to it than that. I have a process for making decisions, and it is only when I make one that I can move onto the next one. It helps me to at least commit to a plan, whether good or bad, and it also helps me move my full attention to the next thing. When I leave things open for too long, I tend to create unnecessary self-doubt, and can put off important decisions because of this.
As General George Patton said, “A good plan violently executed now is better than a perfect plan next week.” Now, I’m not subscribing to the mentality that we should just do whatever comes to mind first without giving our decisions much thought, because we have brains for a reason. But, I am saying that a plan tends to become better with movement and experimentation. Sometimes, the best decision making happens once we are already in the fight, trying things out along the way; a trial and error if you will.
The quicker you become at making better decisions, the better you will become at acting and reacting.
Whether you realize it or not, decision-making is a muscle that needs to be worked on and strengthened. No, making a bad decision or two along the way probably won’t kill you, but they will let you learn from them along the way. Making decisions will also teach you how to handle the same situation in a better way in the future, again making you quicker at the process. It’s time to stop fearing the inevitable mistakes that making decisions brings, and start embracing moving ahead.
So, what is the best way to become better at decision making? Beyond knowing who you are and what you stand for, you must teach yourself to think long-term rather than short-term. If you are striving to leave a lasting impact on this world, this is the only way to ensure that it happens. Instant gratification is typically the worst possible answer, even if everyone tells you that it’s the best answer. Your decisions have a lasting impact, so it’s time to start making decisions like they really matter.You will become better at making decisions once you begin thinking long-term rather than short-term. Click To Tweet