Most of our experiences in life start with a choice. Everyday, we get through life making a lot of decisions, consciously and unconsciously. We want to improve our quality of life, and it is necessary to make better decisions every single time.
Despite what everyone may think, being rich or poor is a choice. A choice you are willing to commit to today. Your current situation is just a little factor for what you can become tomorrow. You may have been born poor, but you do choose wealth or poverty. It is not something out of your control.
Knowing how to make better decisions is vital. Almost all decisions are not a one-act thing. It will relay follow-up actions that may require additional resources like time and money.
You make several kinds of decisions day to day: keeping a pet, becoming vegetarian, buying groceries, sending a text message, etc.
Having a clear objective and good purpose in mind would help your decision-making regardless of how seemingly minor a task is.
The American Dream
The American Dream is sometimes the ultimate drive in every citizen and oftentimes the reason they dive right into poverty. Each generation has its own take.
In the 1950s it was having a house, cars in the garage and a couple of children. The later generations strived for college, earning degrees and building careers.
They did all these with the knowledge that if they got a good education and worked hard enough, they would have more than their grandfathers had. Then the world changed. Wall Street deregulated and the stock market wreaked havoc all across America. Years of hard work and savings, gone. The only way out was reinventing themselves.
Today, the American dream is passed on to the youth as something as simple as living for the day, eating in fancy restaurants, documenting the shiny side of life on social media and everything that feels good.
Choosing to live a lavish life with little regard to what happens in the future, is as direct as choosing poverty.
One of the best decisions you can make right now is to abandon what everyone else currently thinks is the American dream.
Making Decisions as a Business Owner
In business, you will have to make several difficult decisions. Instead of second-guessing your decisions, take your time in affirming your choices periodically. This is to avoid becoming overwhelmed by self-doubt.
Transparency is a significant virtue. It allows you to fully comprehend what you are doing, what your co-workers are doing and how all of these fit into the same framework. When you hit a bump in the road, ride it out, absorb its lessons and keep moving forward.
Decisiveness is important but it doesn’t simply mean making decisions fast. It means knowing how to make GOOD decisions fast. Don’t rely on delusions of overnight success. Don’t chase current trends of status symbols. Doing so makes you set unreasonable goals and attempt to live up to very unrealistic expectations. In turn, bad decisions are made.
Building a Better Mindset
A decision can go wrong at any time. This happens often and when it does, think about where the mistakes started and apply remedial actions. Making better decisions is a practice.
Don’t fall for instant gratification. Instead, choose wealth over poverty, even if it means skipping an expensive coffee, or any material thing you know will somehow put a dent on your budget in the long run. Every choice you make each day should lead you further away from poverty.
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I’m a 7-figure business startup consultant, best-selling author of “The Wealthy State of Mind,” and international motivational speaker, with a passion for helping entrepreneurs achieve success in business. Using the methods I’ve developed from helping businesses achieve success over the past 10 years, the Entrepreneur Academy was born. Inside, entrepreneurs are taught the fundamentals of building a successful and profitable business based on real-world tactics that are responsible for generating millions of dollars in business profits.
