Make Big Money Online Top

How To Make Decisions Faster And Better

Written by George Manty  · October 9, 2007

The other day I talked about how it was important to be flexible, but that doesn’t mean you should be indecisive. Today I am going to talk about the importance of being decisive and how to become decisive yourself.

Why Do You Need To Be Decisive?

You need to be decisive in business or it will be hard for you to ever accomplish your goals! Indecisiveness is a productivity killer. If indecisiveness is inherent in your personality or if you have just developed the bad habit of being indecisive NOW is the time to change that.

How To Make Decisions Faster And Better

First of all I want to start out by saying, that I have not been the most decisive person in the world most of my life. Let me be brutally honest here. Like most people with an INTP personality type, I HAVE BEEN UNBELIEVABLY INDECISIVE most of my life. However, there are things that you can do that will help you make better decisions and to make them faster. Making fast, informed decisions will greatly increase your chances of being successful in business.

1. Create A Prioritized List Of Your Goals
If you don’t have goals and they aren’t prioritized, how in the world will you truly know what is important to you? In order to make good decisions, you need to know where you want to go and what your priorities are.

2. Set Timelines
Ask yourself the question:

“How important is this decision?”

Give yourself more time for the more important decisions and less time for the less important decisions. You might even want to rank your decisions on a scale of 1 to 10.

For instance, let’s say you are choosing which shirt to buy – the red shirt or the blue shirt. This decision might have a ranking of 3 on a scale of 1 to 10, whereas what house to buy might rank as a 9 on a scale of 1 to 10. Set a specific amount of time to make that decision based on the rank on the scale. In the case of the shirt, since it has a low ranking on your scale, make the decision quickly.

I set myself a time of 2 days to pick a new web host for a site I wanted to put up. In the first day I narrowed my list down to three web hosts. In the second day, I contacted the web hosts with questions and then made a decision based on the responses I got back. Now, I could have spent months researching web hosts, but what else could I have been doing during those months? Time is money, you can’t spend months trying to pick a web host if you want to make money online. It just doesn’t leave any time.

3. Stick With The Timelines
Now that you have made a timeline for making decision, you must make a commitment to stick with the timeline. Sure there are exceptions to this rule and unforeseen circumstances that can mess with your timeline, but barring a natural disaster or some other unforeseen circumstance you MUST do everything in your power to stick with your timeline.

4. Set Up Rewards and Consequences
To help you stick with your timelines you should reward yourself for sticking with the timeline and/or give yourself a consequence for not sticking with the timeline. In the example above, I could have rewarded myself for choosing a web host by letting myself play an hour of my favorite video game, Civilization. If I had failed, my consequence could have been that I couldn’t play Civilization again until after I picked a web host. You can substitute playing Civilization with something you really enjoy doing, like watching your favorite tv show, playing your favorite sport, eating your favorite food, buying a gift, etc. I learned this technique a long time ago from Anthony Robbins and it really does work.

When is it bad to make decisions?

Whenever you are in a bad state of mind, it is best to postpone any important decisions that you have to make. If you are angry, sad, emotionally distraught, feeling jealous, feeling vengeful, desperate, fearful, depressed, anxious, etc. then if at all possible wait until you are in a better state of mind to make the decision. I know whenever I am in a bad state of mind, I don’t always make good decisions.

Final Thoughts
Don’t get me wrong, decisions are important. Some decisions are incredibly important and do require more time to think about. However, at some point you just have to decide!

AddThis Social Bookmark Button


3 Responses to “How To Make Decisions Faster And Better”

  1. Stefan James on October 10th, 2007 7:25 am

    Great article George! Please email me.

    I have a question to ask you. Awesome article once again. Talk to you soon

    Stefan James

  2. online gadgets on October 11th, 2007 1:29 am

    One of my favorite methods to stay on track is to actually document everything with pen and paper and include completion dates as well.

    I find writing things down the old fashion way keeps me on track. I can’t say the same if I document everything in a word file that I review.

  3. Jonathan on April 16th, 2008 3:00 am

    Some good content here. Personally i use the business model appraoch to goal setting which is called SMART. Is the goal Specific, how can it be Measured, is it Acheivable, is it Realistic and is there a Timescale or deadline set in which it should be acheived