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The Difference Between Making Mistakes and Making Decisions
Tonight we are going to assess the difference between making a mistake and that of making a decision.
Story
Mistake I made with Chris and the school system
I had put my business first and my son was suffering)Decision I made with Chris
I let things go to get on top of it
Cut an office and also lost clients
A Decision is defined
A conclusion or resolution reached after consideration.
A Mistake is defined
Act or judgment that is misguided or wrong
Analysis
Look At Decisions
Life - Working out and dieting
Parent - Making sure you monitor your kid's classes and grades
Business - Making sure each employee is certified and trained.
Look At Mistakes
Life - Young couple picking a house without considering having a family or formal structure in the relationship.
Parent - Not preparing your child for the weather
Business - Picking the wrong target market. You thought you picked the right one.
Accountability
A life lesson that should be taught early.
Ways To Improve Decision Making
Research
Understand the factors involved in the situation
Take Your Time
Seek advice
Avoid making impulsive or emotionally charged decisions
Look at in both short and long term perspective
Ways To Reduce Mistakes
Look for credible sources carefully
Review your task/work
Don’t multitask
No distractions
Tip
Establish your back to school fund
$600 from May to August - $75 bi monthly $150 monthly = $600
Conclusion
A decision that doesn’t work can’t be regretted and later called a mistake.