Don't Be Paralyzed By Indecision

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Don't Be Paralyzed By Indecision

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The second you wake up you are faced with decisions. Are you going to get out of bed, or are you going to hit snooze and sleep for another five minutes? Some decisions are made quickly, while others may take a while.


Depending on the nature of your decision, you could spend hours, days or months analyzing every bit of information you can find. But what happens when a decision needs to be made without knowing all the information? Here are four questions to ask yourself when making a quick decision.


1. What do I have to lose by making this decision? If you don’t know all the information, your list may be short, but at least it is a starting point. Using the information you have, think of negative future outcomes. For example, by making this decision, will you waste time or lose money? Maybe you will have less time with your family. Think of the negative effects your decision will have on your future.


2. How will this decision benefit you? Now think of all the positive outcomes. What do you have to gain? Again, this list may be short, but it will give you a list of pros to weigh against your cons. By making this decision will you be more profitable or have more time with your family? Will your decision allow you to be more efficient and have more free time? Explore every potential benefit.


3. How will this decision affect those around me? Take into account how your decision will impact others. Think of all the groups of people with which you interact, such as friends, family or coworkers.  What will they gain or lose from your decision?


4. Finally, how much risk are you willing to take? With every decision there is an amount of risk involved. Make a conscious choice of how much risk you will take. Is it worth the risk of losing a job or being away from family? Assessing your risks, you are now equipped to make the best decision possible.


When making your decision, remember that success requires action. Taking action can be the difference between success and failure. Coming to a decision quickly will keep you from being paralyzed by indecision.