[MTC Global] Making Snap Decisions

Snap-decisions are the instinctive entrepreneur’s best friend!

Many happy and/or successful solopreneurs are perceived to be ‘lucky’. But the truth is, they are able to be decision-makers. Often they make decisions without endless insight, advisors and research. But these are not random decisions; they are built on a combined set of: instincts, information and experience.

There is a process of thinking between being undecided and making that final decision, but in the end, a good entrepreneur doesn’t waffle… they just decide “yes” or “no”. And while there are a multitude of complexities going into a decision, it is still a snap-decision when finally made.

Snap decisions are frequently far superior to those made after a thorough analysis.

As examples, consider that there are tennis experts who can intuitively predict when a player will serve a fault, although they are unable to pinpoint exactly why. And there are art experts who can spot a forged piece of art at first glance just because they have an odd feeling and can only rationally explain their snap judgment later.

In many situations, there are patterns and regularities that the unconscious recognizes faster than the conscious and logical mind. It’s precisely in these moments that we should trust our snap decisions.

Consider riding it out on the snap-decision see-saw:

1. quick decision-making based on good instincts and information can build a steady, solid momentum and invite opportunity

2. more snap-decisions can be made if metrics, benchmarks, tracking & processes are managed for evaluation after the first decision is made

3. opportunity or required change becomes clearer after a decision than when in indecision mode
mistakes can only be made when decisions are made, and we recover from mistakes by making new decisions… the perpetuating opportunity of entrepreneurs

4. commitment feels better than uncertainty.

Prof. Bholanath Dutta
Founder & President: MTC Global
An Apex Global Advisory Body in Management Education
+91 96323 18178
www.mtcglobal.org
president@mtcglobal.org

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