Winner's Circle Network with Lou Tice - Making Decisions

[Guest guest]

Winner's Circle Network (WCN) with Lou Tice - " Making Decisions "

How confident are you that the decisions you make are good ones? What do you

do if you are not sure? Today, let's talk about making decisions.

Have you ever watched someone throw good money after bad? Maybe it's their

car - one expensive thing after another breaks down, but they just keep

shelling out the cash to fix it. When you ask why they don't get rid of it

and buy another, they tell you about all the money they've spent to repair

it and keep it running.

It seems to be human nature that when we make a decision, such as what kind

of car to buy, we don't like to be wrong. It upsets our ego to think we've

made a mistake, so we try to convince ourselves that it was the right

decision. Sometimes, we'll rationalize away information that contradicts our

decision, or we develop a scotoma (a mental blind spot) and we don't even

see the conflicting evidence, even when it's right under our nose.

Now, there is a lot to be said for persistence, for sticking with something

until it pays off. But there is a real advantage in being able to recognize

that there isn't going to be a payoff when that is the truth, and

acknowledging that mistakes are part of being human.

If you have any doubt about the wisdom of a decision, sit down and

realistically weigh the pros and cons. Make a list of costs - including

intangibles like time and stress - as well as benefits. If you decide it is

time to cut your losses, let go of that part of yourself that insists on

always being right, and, instead, make a decision to do the wise thing.

Lou Tice

The Pacific Institute

Blessings,

Charlene

---------------------------------

Start your day with Yahoo! - make it your home page