83. 5 Keys to More Profitable Decision Making
The Fitness Business Podcast with Erin Dimond and Jordan Dugger
Erin Dimond and Jordan Dugger
4.9 • 670 Ratings
🗓️ 21 November 2019
⏱️ 22 minutes
🧾️ Download transcript
Summary
This episode will be extremely value-packed so you may want to grab a notepad before you hit play. We want to share with you 5 keys to making better decisions in your life and in your business. There are biases in us that we are inherently born with and it is our job to fight those biases to make better decisions from a non-ego perspective.
Time Stamps:
(0:18) Logical Fallacies
(1:12) Our Mini-Course
(3:23) Sunk Cost Fallacy
(6:30) Jordan's Dick Ruler
(8:32) Ben and Dedra's Episode
(9:30) Saving Money Vs Time
(11:00) Investing In Yourself
(13:52) Confirmation Bias
(17:33) Idea Origination Bias
(19:50) Ego Based Decisions
(21:16) Subscribe and Tag Us!
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Transcript
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| 0:00.0 | What's up everyone? Welcome back to the Flow State of Mind podcast. Today, Aaron and I are going to come to you with a lot of self-help information here and ways to make ultimately better decisions in your life. |
| 0:10.6 | Yeah, and we're going to point out a lot of our own mistakes. And there's actually, what would you call these terms, babe? |
| 0:16.7 | Well, they could be looked at as like logical fallacies. Okay. Yeah, yeah. So we're actually going to point to some logical fallacies and what is actually going on when |
| 0:24.8 | we make bad decisions. |
| 0:25.9 | So really this entire episode is how to make better decisions, how to check and recognize |
| 0:31.0 | your ego and what's going on and maybe where you're finding evidence of things that you |
| 0:36.0 | want to be right. |
| 0:37.2 | So then you make it |
| 0:38.2 | right when it's actually wrong. Yeah, exactly. And we're going to talk about this in the context |
| 0:42.2 | in a lot of ways of business. So if you're an online coach or, you know, you run some kind of a business, |
| 0:48.3 | you've got to start making more data-driven decisions as opposed to fallacy to ego-driven. |
| 0:53.9 | And that's what this is going to apply to |
| 0:55.0 | but understand this is going to apply in a lot of ways especially to relationships to how to react |
| 0:59.8 | in certain situations so learn and understand these different concepts because they're huge |
| 1:03.4 | and there are going to be like five key points here that we're going to dive in with but first |
| 1:07.2 | Aaron you want to just remind everybody about our suspect to client challenge? |
| 1:11.2 | Yeah, I like to call it a mini course. |
| 1:13.0 | Yeah, course. |
| 1:13.4 | But for those of you who are an online coach or aspiring online coach, we've created something |
| 1:18.6 | for you in the meantime because we're not opening enrollment for IFCA for a little while. |
| 1:22.7 | So what this is is a three-day mini course with a four-day bonus where we're going to teach |
| 1:27.4 | you how to establish |
... |
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