Sharpen your Entrepreneur Effective Decision-Making Skills

Decision-Making Skills

 Having effective decision-making skills in business is essential. As time is something that you can never recover. You can always make more money, but never time. Just getting it started instead of putting it off is the focus of this article today. And when you have the right decision-making skills and a step-by-step approach, you will be surprised how quickly you can make effective decisions that move your business idea forward quickly. 

Whether you are already an online course creator or someone who wants to turn their side hustle into a business, these decision-making skills will help you to become the confident action taker and move away from the artful procrastinator, overwhelm, and frustration.  

In essence, if we want to direct our lives, we must take control of our consistent actions.

It's not what we do once in a while that shapes our lives, but what we do consistently. - Tony Robbins

Just get it started! Stop Waiting!

Making decisions quickly as an online course creator is a learned skill, but very necessary.  I know that at times when you step into your uncomfortable zone, it can be scary. And we all have certainly experienced the ups and downs as business owners.  And those who are looking at turning your side hustle into a business will also experience the roller coaster ride to come. 

I always remember what a wise mentor told me - “To make decisions quickly, and you can never get time back!

And that is so true, I believe that time is far more valuable than money. As indeed you can always find ways to make more money, but you never get back time. Often when I am invited to attend a free event, I turn it down, simply because my time is valuable and I like to stand guard at the door against time-wasting activities. I hear all the time “It just isn’t the right time now”, or “I have no time to bring on something else, perhaps later.” How many times have you said that in the last year? 

A more powerful question would be “What do I move or delete to fit xxxxxxx into my schedule? This is stepping into the solution and not staying in the problem. And our answers are always dependent upon the qualify of questions that we ask? 

And I know, and you would have to agree, that often we can find time to do the things that we enjoy, and we can always find time if something urgent comes up, that impacts our personal values, friends, or family members.

There can be many reasons why we use time as an excuse, to put something off.

It could be that we are experiencing the imposter syndrome where we are doubting our capabilities of succeeding. Read more about imposter syndrome here.

It could be that we now believe we know it all and have developed a fixed closed mindset. After all, it is not what we know, it is what we do!

Or it could be the fact that we simply don’t know, what the next step is, so we go into overwhelm and become the artful procrastinator.

Sometimes you simply have to get started

Sometimes you simply have to get started, and through action, more clarity will appear. But until you take action, it is all based on assumptions. 

Being in business for over 21 years when I am making my decisions, I always ask myself “Will this decision lead me closer to my vision?” and if the response is YES then I quickly grab it and step into action.  But some of us don’t know our vision yet or haven't gained clarity around it, and often we also sabotage ourselves along the way. 

Having the ability to make important decisions is easy when you have a structure to follow. And in this article I am going to share with you some helpful tips, that will you to move quickly through this process. 

Especially if you are thinking about launching an online course, or even turning your side hustle into a business that gives you extra income, and gives you a purpose. I have coached many corporate leaders, who would love to leave their job, but the decision to become a full-time entrepreneur, may not be right yet due to other factors in their life. 

This is why you can build an online business on the side, and eventually transition out of your job, as your business income increases. 

Here are some of my tips that will help you to increase your decision-making skills

“Success is not final; failure is not fatal: it is the courage to continue that counts.”

– Winston Churchill

5 simple tips Decision-making skills for Entrepreneurs

  • Know your desired outcome. When you know what you want, the solution becomes clearer. What is the point of considering a given option? Is it to maximize your income? Enhance your health? Building a business? Hire the cheapest housekeeper you can find? Define what you’re attempting to accomplish
  • Be rational while making a decision. Most decisions made under duress aren’t the best decisions. You’re don’t think as clearly when you’re stressed, tired, or uncomfortable in any way. When you’re not at your best, your choices will likely consider your immediate comfort more than they should
  • Keep the long-term in mind. Consider how your decision will affect your life in 1 weeks, months, or even years down the road. Decisions made with an emphasis on the short-term often ruin your life down the road
  • Know how you’d handle the worst possible outcome. When you know that you can handle the worst, it’s easier to make up your mind and get on with your life. Think about everything that could go wrong and determine how you would handle it
  • Take enough time to make a good decision, but not longer. Some decisions take longer than others but avoid allowing yourself to be paralyzed by a decision. Procrastinating won’t enable you to make a better choice. Ask yourself what you hope to gain by waiting. If there’s no benefit, make a decision and move forward

Conclusion

Making better decisions is one of the best ways to quickly move your business forward, or to achieve more in all areas of your life. And having a structure to follow by following your downloadable checklist, makes it so much easier because you are using logic, instead of emotions. 

 A poor decision isn’t generally fatal, but it can be challenging to recover from especially your confidence. However taking any action, will certainly give you the rewards, or the lessons to adapt and change your approach. By taking action you can not fail, however, there needs to be logic and facts in the process, not just emotions. Especially if there is a big risk involved. 

 A great business is the result of a steady stream of great decisions. Develop your own step-by-step process for making wise business decisions. Leverage your past and a long-term perspective to choose more wisely in the future

Remember what are you waiting for!  Take Action and use your time wisely. 

Just Imagine

Could you imagine what it would be like being motivated and productive every day, feeling energized as you shut down the computer at night.  Even if you only spent 4 hours a day using focused time, that would add up to 20 hours a week, and if we multiply that out for a year, it would be 1,040 hours per year of productive time working on your business.

I have been in business for 21 years now as a coach, counselor and trainer. And if I had used these 3  steps that I am going to share with you, to create good habits, then I would have  had 21,840 hours in total. But sadly it took me quite a while to work this stuff out. But today it is different. 

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About the Author

I coach women, online business owners, to take consistent action to get their online courses launched and sold out.

My primary focus is on unlocking limiting beliefs that hold them back, list building, and live launching of their courses, primarily via webinars and easy-to-follow blueprints that step them through the complete process.

I lead the way by being in the trenches, studying with the top online course creators in the world, implementing all the latest proven strategies in my own business, experimenting, measuring, teaching from experience that truly works.

Through a mix of coaching, hand-holding, and honest feedback,

I hold my client's aspirations close to my heart, never leaving them behind feeling isolated or disillusioned

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