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017- How to Make Decisions

3/30/2018

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Many small business owners have a hard time making decisions for a number of reasons… we look at the most common.  ​Once business owners understand the COST of NOT making a decision the incentive to make one becomes more motivating.
2:00   Discussion points: (8:00 mins)
  1. What are the main causes for indecision?
  2. How to handle trust issues.
  3. How to handle past disovery issues?
 
10:00 Tips for improving in this area or overcoming this problem: (7:00 mins)
  1. As a business owners you have to monitize the outcome of NO decision because NO decision is a decision and it's not free!
  2. Use the Franklin comparison sheet.
  3. Find a way to limit the risk.
  4. Know in advance what success looks like.
 
17:00 Final Take-aways: (2:00 mins) Recap primary listen benefit.
If the issues of making decisions are that important anyway - it's important to know what the price is for either action - YES or NO.
 
19:00 Closing comments: 
What decision would you make that impacts your bottom line profit?
 
20:00 Show ends

Related Articles:

How to Make Better Business Decisions
​

6 Secrets to making Business Decisions That Get Results
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