4 Tips That Will Make You a Better Decision-Maker
Making decisions is something that you have to do daily. Sometimes, the stakes are high, and sometimes they are simple decisions such as, “What should I eat for breakfast?”
Are you the impulsive type who just chooses and goes for it? Or are you the type who ponders every decision and considers every angle before making up your mind?
1. Spend time relative to the stakes
It’s probably best to consider your options rather than make an impulsive decision. However, the time spent analyzing those options should be relative to the stakes. Is this a decision that will cost you a lot of money? Will there be huge consequences from your decision?
I have some very indecisive friends. They might spend weeks discussing what color to paint their living room walls. There is either a cost to hire someone to do the painting or the time and work involved for them to paint the walls themselves. If you can’t afford it, perhaps this is a big decision. But if you can afford it, then this isn’t a decision that should take a lot of thought or time.
2. Be decisive
One of the most important lessons that successful people have learned about making decisions is to be decisive. Indecision can lead to missed opportunities and regret. If you are unsure about a decision, it is better to make a choice and move forward than to wait and hesitate.
A friend of mine was offered a great job but didn’t take it because she was waiting to hear back from another company she had applied to. She didn’t get the job with the other company and ended up not taking the position offered to her. She regretted her decision and wished she had just been decisive.
3. Be flexible
Decisions also have to be flexible. Just because you make a decision doesn’t mean that you can’t change your mind later on. If you realize that you made the wrong choice, don’t be afraid to backtrack and choose something else. You never know what might happen down the road, so it’s essential to be open to changing your plans if necessary.