The Key to Making The Right Decisions

The Playbook With David Meltzer

David Meltzer, Entrepreneur.com

Entrepreneurship, Business, Careers

4.6 • 1.9K Ratings

🗓️ 17 September 2021

⏱️ 23 minutes

🔗️ Recording | iTunes | RSS

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Summary

Taking inventory of your values everyday is the key to making the right decision. 1 - Know your personal giving and receiving values. Evaluate those four things every day. 2 - Learn to ask a series of questions to learn how you can provide value to every person in every situation. 3 - Learn a series of questions with which you can ask for help—which is the most difficult and radically humble thing. I lost over $100 million by not asking for help, and my world changed when I learned how to ask the right questions. 4 - Study with a lens of productivity, accessibility, and gratitude what you are doing every day. Study your sleep. Study your calendar and figure out what’s urgent, and what you can delegate to someone else. 5 - Practice ending fear. When you feel like you’re on fire, stop, drop, and roll. Figure out why you feel that way. When we do these things, we’re more successful and happier. Learn more about your ad choices. Visit podcastchoices.com/adchoices

Transcript

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0:00.0	If you do these four things, live with gratitude, empathy, accountability, and
0:03.7	effective communication and inspiration. If you are a student of your calendar,
0:07.9	you do it now, and then most importantly, ask. You will make the right decisions,
0:14.7	and that decision will lead to the ultimate decision of your life, which is to be
0:19.1	happy. This is Entrepreneurs the Playbook. I'm gonna go real quickly because we
0:23.9	only have 20 minutes and I'm about lessons. I believe that we're here to learn
0:27.6	lessons, and the lessons will keep on coming until we learn them. It usually
0:31.4	results if you're not learning them in pain, and we all question, why does
0:35.1	the same thing keep happening? Because you haven't learned the lesson yet, and
0:38.1	that's truly my belief. So I think decision making is the key to learning
0:42.4	lessons by making the corrective decision, right? It's an evolution, not a
0:46.5	revolution, when it comes to that. So I think there's four things involved in
0:50.4	making decisions. The first one's ignored a lot, and I'll go through my
0:54.1	journey real quick to talk about values. Those people, and I'm blessed to be
0:58.5	around a lot of billionaires now that never existed 20 years ago, the one thing
1:03.5	they have in common is they make decisions so quickly, and some of you may
1:06.7	make quick decisions or remarkably look at those and say, how does he or she
1:11.4	make such a quick decision? It's because they know their values. Once you know
1:16.0	your values, you can assess through the balance of those values and make a very
1:19.8	quick decision based upon who you are. So how did I learn my values and what
1:25.1	are those? I grew up with a single mom, six kids, my dad left when I was five,
1:30.1	and my mom was an incredible mom. My siblings are all, excuse my language, parents,
	...

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