How to make good decisions quickly?
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Here are some strategies shared by experts to help you make good decisions quickly:
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Emphasize Decisiveness: Reid Hoffman and Chris Yeh from the stress the importance of decisiveness, particularly in the high-pressure world of entrepreneurship. Instead of overthinking or seeking excessive comfort, focus on improving decision-making as a critical skill 1.
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Rely on Training and Intuition: According to Jocko Willink and Dick Thompson on the , stress can affect decision-making negatively. To counter this, train extensively so that the correct response becomes intuitive, especially in high-stakes situations 2.
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Iterative and Immediate Decisions: In uncertain or dynamic environments, making small, quick decisions and learning from the feedback is vital. Iterative decision-making can help improve decisiveness and adaptability 3.
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Provisional Decision-Making: Reid Hoffman suggests making a provisional decision immediately when confronted with a choice. This helps clarify what additional information or perspectives are needed to adjust the decision swiftly 4.
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Minimize Overthinking: Amy Porterfield highlights the importance of acting quickly to create momentum and surface potential obstacles early. This proactive approach can help maintain progress and handle issues as they arise 5.
By adopting these practices, you can refine your ability to make effective decisions rapidly.
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