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How to take the best decisions ever?
Reversible & irreversible decisions.
After reading this post, we’ll see:
👉 What are reversible & irreversible decisions.
👉 How to use them in your life.
👉 Bonus - prompt!
TL; DR;
Reversible = easily undone, minimal consequences. Act quickly. Pivot if needed.
Irreversible = lot of pain to undo, major consequences. Consider second - order effects. Proceed carefully.
We take ~ 35,000 decisions / day (according to science). And we spend ~ 2 Hrs. / day deciding.
From the mundane (what socks should I wear today...?)
To the important ( What certification will boost my career?)
Confession - I used to suck at decision - making.
🔴 Anxiety.
🔴 Thinking in circles.
🔴 Wasting time, missed opportunities
After the decision?
❌ What if this was the worst decision ever?
❌ What if everything goes wrong?
❌ I'm failing...
Not fun at all. Thankfully, I came across a genius framework by Jeff Bezos to solve this problem. The idea is simple - not all decisions are equal.
Enter the reversible & irreversible decision framework. It helps you group decisions based on impact and reversibility. So the pressure on you reduces.
What….?
Imagine you have 2 job offers. One offers stability (and a paycheck...). The other offers the thrill of a startup. With rapid growth and risk.
You're deciding, afraid of making a wrong choice. Now, imagine you could undo your decision. How will you think & act?
A personal scenario. Deciding on marriage, and later, children. Unlike the previous scenario, this cannot be undone (atleast, not without a lot of pain).
Knowing you cannot undo this decision, how will you think & act?
How to use this in your life?
Here are some common scenarios
Reversible | - Trying a new hairstyle | - Implementing a new project management tool |
Reversible | - Experimenting with a new hobby | - Trying a different marketing strategy |
Reversible | - Choosing a vacation destination | - Reorganizing office space |
Reversible | - Buying a new outfit | - Attending a networking event |
Reversible | - Switching your workout routine | - Taking an online course |
Reversible | - Changing your meal plan | - Testing a new software for a month |
Reversible | - Decorating a room in a new style | - Asking for feedback on a project |
Reversible | - Joining a new social group | - Participating in a temporary project |
Irreversible | - Getting married | - Quitting your job |
Irreversible | - Having children | - Merging with another company |
Irreversible | - Buying a house | - Making significant investments |
Irreversible | - Getting a permanent tattoo | - Launching a new product line |
Irreversible | - Moving to a new city | - Signing a long-term lease |
Irreversible | - Committing to a long-term relationship | - Establishing a partnership agreement |
Irreversible | - Choosing a career path | - Making a major hiring decision |
Here it is, from the horse’s mouth:
Bonus - prompt!
Because you guys are awesome, here is a free prompt for you to help.
Think like the world's best consultant. You have 20 years work experience. You're highly - sought after and have coached the world's best executives. And you're considered the world's top expert on decision making.
I want you to help me with a decision I'm trying to make. The framework you can use is the reversible Vs irreversible decisions framework. Jeff Bezos popularized it. This is the decision I'm trying to make:
[ ENTER YOUR SITUATION HERE]
Take a deep breath. You're doing great.
That’s it!!
I hope this concept helps you take the best decisions ever . If you found this helpful, share with someone who will benefit.
Further reading:
P.S: Did you like this idea? Let me know. I personally respond to each mail.
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