How the Illusion of Certainty Can Negatively Affect Your Decision Making Process and Hijack You Completely
Decision making for small business owners can be more challenging that most people think. Especially because most small business owners and home business owners do not have a large corporate team and resources to help in the decision making process.
In today’s post I will be sharing with you two aspects of decision making that you need to absolutely consider if you are going to be close making the right decision.
A Couple of days ago I was meant to pick up a vehicle for my home business. I had enough time to think about it. Initially when I got the offer I was not very sure but as time went by I got excited about it. The “d- day” came to go collect the vehicle and I came to a complete freeze. Of course this was not a car for personal use so there was a level of liability tied to it.
Whatever was happening inside of my head and my emotions got me confused about making that final decision. Eventually I had to cancel it for another day. This not only had an impact on my relationship with the dealers but also wasted most of my day.
So decision making can take a lot from you especially if you attach negative emotions to it. This incident left me feeling very inadequate and weak inside.
So what caused it and how could I have changed or made a decision quicker than I did?
Let’s get started;
So in summary there are two aspects of you that needs to be satisfied with your decision making. First is your emotions and your analytical side. Both sides needs to be satisfied with your decision. Information enters first through emotional side before hitting your analytical side.
However, your emotional side is notorious for jumping to conclusions but very strong (this is what we refer to as instinct). So to get the best out of your decision making you need both sides to be on board. To do this there is a simple process and I will summerise.
- Have a burning desire and determination to solve the problem or to come up with a solution
- Gather all the information and facts about the problem.
- come up with several possible solution scenarios.
- Weigh Cons and Pros and every fact you can gather and add to your thought process and write them down. you may use decision trees.
- Now pass all the facts and possible solutions to your emotional side by letting go mentally. Simply stop thinking about it (sleep over it – so to speak).
- The answer and final decision will come to you in a “hunch” or “instinct” when you least expect it.