Decidedly I Decision Tips for Business Owners

Ep.176 I Deciding to Rationalize Bad Decisions: How We Trick Ourselves into Thinking We’re Right


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Why do we justify bad decisions—even when we know better?


From business to parenting to the worst excuses people use to defend bad habits, this episode breaks down why we rationalize dumb decisions. They get into why work-from-home isn’t always the dream people claim, the myth of “Fed is Best” among new parents, and why bad customer service is usually due to bad leadership.

 

KEY TOPICS

  • Work-from-home reality check: is it better, or have we convinced ourselves?
  • Why McDonald’s salads were a terrible idea (and what businesses should learn from it).
  • Three ways to compete in business—why you can only pick two.
  • How people justify bad decisions: The “Fed is Best” mindset

 

CHAPTERS

[00:00] Intro: Defeating BadDecision-Making in Life & Business

[00:49]The Bank Nightmare ThatWouldn’t End
[03:14]Why Are Big Companies So Bad at Fixing Simple Problems?
[05:42]The Customer Service Mistake That Creates More Problems
[08:06] The Work-From-Home Lie No One Wants to Admit
[10:30]“Fed Is Best” and Other Excuses for Bad Decisions
[12:54]Why We Defend Choices We Know Are Wrong
[15:17]The Truth About Trade-Offs (And Why We Ignore Them)
[17:39]The Business Lesson Hidden in Bad Movie Reviews
[20:05]The Real Reason Some Movies Get Terrible Ratings
[22:31]Are Critics Lying? The Secret Behind Audience Scores
[24:56]How to Tell Instantly If a Movie Is Worth Watching
[27:12]The “Beautiful vs. Tacky” Test for Business & Life
[29:33]The Biggest Branding Mistake Companies Make
[31:48]Why You Should Brag About Your Weaknesses
[32:48]Message from the Producer

 

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Shawn’sInstagram:@shawn_d_smith

Sanger’sInstagram: @sangersmith 

 

Thank you to Shelby Peterson of Transcend Media for editing and post-production of the Decidedly podcast.

 

SANGER’S BOOK:⁠A Life Rich with Significance: Transforming Your Wealth to Meaningful Impact⁠

 

SHAWN’S BOOK:⁠Plateau Jumping: What to Change When Change Is What You Want⁠

 

MAKING A FINANCIAL DECISION?

At⁠Decidedly Wealth Management⁠, we focus on decision-making asthe foundational element of success, in our effort to empower families topurposefully apply their wealth to fulfill their values and build a thrivinglegacy. 

LEARN MORE: ⁠www.decidedlywealth.com⁠

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Decidedly I Decision Tips for Business OwnersBy Sanger Smith and Shawn Smith

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