Published by John Hoff on 23 Apr 2008 at 03:00 am
Good Business Decisions Should Become Second Nature
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| Image by James Young Art |
I can’t tell you how many times I hear or read about something and go, “That’s a good idea; good thing I’m already doing that.”
As entrepreneurs, it is important to achieve a level of enlightenment where you unconsciously and automatically choose good decisions.
You need to see what you should do, what you need to do, and what you would like to do and how you should go about implementing them in the right way without much research. It should become something automatic.
For me, things become second nature by the way I approach topics and new ideas, apply them to what I do, and practice them. It’s more in how I absorb them into the overall big picture rather than simply understanding what I’m reading.
I’m always learning. That is the key, to learn. Learning allows the brain to make connections with similar and dissimilar things. This can lead to creativity. Of course experience is part of it, too. But learning comes first.
When you read, study and learn, apply it to your overall entrepreneurial mentality and the bigger picture. You can train your mind to think in a certain way, it just takes practice.
I suppose the point I’m trying to make here is you should strive to mold yourself into a person that makes good decisions without having to read or learn what decision it is you should make. At some point, good decision making needs to become second nature.
Is it an exact science? Nope. Everyone’s different. But there clearly are entrepreneurs who by nature make good business decisions and others who struggle with them.
If you’re not there yet, what are you going to do to get yourself there?
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5 Responses to “Good Business Decisions Should Become Second Nature”
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RLD: Taekwondo Happiness
on 23 Apr 2008 at 6:01 pm #
This may be a wee bit naive, but I’m looking at what you’ve said from a martial artist’s perspective (go figure). We practice a simple blocking drill until it becomes imprinted on our psyche - it’s instinct. Now, I have to repress urges to block friendly taps on my shoulder!
What I’m saying is that I believe that a person needs to consciously drill oneself in good decision making. A strategy I would use is to come up with “what if” scenarios - how would I solve problem X, if it were to come up? I know that I would need to research a lot until I got the hang of the idea (I know nothing about business, unfortunately) but after a while, I believe that instinct would prevail.
RLD: Taekwondo Happiness’s last blog post..Whoops!
John Hoff
on 23 Apr 2008 at 6:52 pm #
RLD - “Noted. Never tap Rachel on the shoulder.”
As a fellow (ex) martial artist, I see things in the same light as you. It’s interesting how the philosophies of ancient teachings live through the times.
Mental visualization is one of the best things you can do and is something I preach and preach and preach. It’s one of the most important things to do when it comes to learning.
In real estate, envisioning buyer’s and seller’s problems and how I would solve them is a big part of what I do in learning and training myself to “have answers.”
That said, I’m not sure you can “drill” yourself into good decision making.
I see what you’re saying. Mentally visualizing moves and remembering tactics, replies, and scenarios will contribute some to good decision making. But what is key is to not just practice and remember those things, what is key is how you piece it all together like a puzzle; or to put it another way, make connections and links.
The things you learn need to not only be remembered but understood. There’s a certain level of intuitiveness that Donald Trump has come to and it wasn’t just by mentally visualizing scenarios.
Does that make sense?
John Hoff
on 23 Apr 2008 at 7:07 pm #
Ok, felt I left something out in my last comment (and probably the post).
Part of making good decisions is the analytical process. Donald Trump is hit with new scenarios every day. With those scenarios, he needs to analyze everything: the person, the company, their money, their position, etc.
It’s important to analyze everything when it comes to making the right decision. It’s not something that you can drill.
. . . By the way, congrats on your tournament win and trophy! I remember my martial arts days. I only competed a few times, never won a trophy. The only thing I have are some memories and weapons that hang on the wall. My favorite weapon was the sticks. Loved those sticks!
RLD: Taekwondo Happiness
on 23 Apr 2008 at 8:30 pm #
I see what you’re saying, John
And man, that tournament was tough. I recently competed in my second tournament and placed second in my limited division. The most important thing for me was getting over my fear of being hit! I don’t compete in weapons, but I would love to learn more on bo staff (or “sul”, for us Korean MA people).
RLD: Taekwondo Happiness’s last blog post..Whoops!
John Hoff
on 23 Apr 2008 at 9:11 pm #
Getting hit I was ok with - I just seemed to miss a lot, LOL.
Bo staff was cool but the speed of the sticks I loved. Good luck in your next tournament.