How to Be Successful in Any Field Through Smart Decision Making

Make better decisions faster without wasting mental energy

Success in any field is the consequence of many good decisions.

A good decision is choosing the alternative with the best odds of having the desired consequences. 

A sound choice is not equal to a good outcome.

For example, let's say you decide to host a company event in a beautiful park. It’s summer, and the weather forecast is excellent.

You had weighed different options. After careful consideration, the park was the best alternative.

Yet, unexpectedly, it starts raining.

Did you make a bad decision? No, the decision, i.e., choosing an alternative given the information you had at the time, was fine.

You just had a bad outcome.

Conversely, a poor choice can lead to a good outcome.

For example, you may invest money based on the tip of an acquaintance without any research. You invest it into a venture to build a large apartment building. For the first few years after construction, the building reaches only 75% occupancy. It runs deep in the red. Insolvency seems inevitable. Suddenly, a large business moves into an office park nearby. The demand for apartments in the apartment building skyrockets. Three years later, you sell your investment for 4 times the initial price.

Was the initial investment a good choice? No!

The decision-making was lousy. You got lucky with the consequence.

Would other decisions made the same way turn out as well? Nope.

Where does this leave us?

Let’s say you have to make 100 good decisions to achieve in a certain field.

Each decision has a certain probability of having a positive outcome.

If you can increase the odds of each decision being good, you increase the odds of success.

How to do this? By using systems like ProACT, 4S, or mental models.

How to do this without wasting too much mental energy? By practice. The more decisions you make systematically, the more it will become a subconscious process.

After a while, you will make better decisions almost on autopilot.

Just like any other new skill:

Accept slowing down in the beginning. Focus on doing it right. Then, increase speed as you get better.

Imagine learning to ski. You will go slowly and carefully in the beginning. If you keep practicing, you will be faster and more efficient without even thinking about it.

The same is true for smart decision-making.

Do you have some decisions to make? Hop on a 30-minute free discovery call with me. Choose a slot.

Talk soon,

Alex