Posted by Todd Smith
In Our Lives are a Mirror Image of the Little Decisions We Make, I talked about the hundreds of little choices we make each day that play a crucial role in every part of our lives. These choices were defined as either/or choices, such as do I get up and exercise as I had planned, or do I sleep in and skip exercising. Today you’ll discover a fast and easy way to consistently make great decisions. It’s as simple as answering two questions.
The Two-Step Formula
Let me tell you a story about how I used this formula to solve a series of problems. It was late one night as I was returning from a presentation in Miami. Preoccupied with the events of the day, I failed to check my gas gauge.
As I was traveling the 75-mile stretch of Alligator Alley that crosses the Everglades, my car choked and died. This is not a good place to be stranded, especially late at night. There is only one exit and this road has the reputation of being a dangerous stretch because of thugs hanging out just waiting for a traveler like me.
What should I do? As I always do when faced with such a decision, I asked myself two questions!
What are the facts?
I ran out of gas and the closest exit was at least 15 miles away.
What are my options?
This question is the key to making great decisions and the most important take-away from today’s lesson. After gathering the available facts, you ask yourself, “What are my options?” Here is the key with this step. You must be creative and consider every possibility before making your decision.
Back to Alligator Alley… These were my options:
In this situation I didn’t want to take any chances or count too heavily on one option, so I immediately called AAA, my car company’s roadside program, the Florida highway patrol, the Florida Road Rangers, and I called for help from the emergency roadside phone. I did everything except hitchhike because of the risks involved. One might think that I overdid it by selecting almost all of my options. But pursuing multiple options can be an important part of your decision making process. It certainly was on Alligator Alley.
One hour passed. Although the Florida highway patrol said they were sending an officer, they never showed up. AAA told me repeatedly that help was on the way, but none showed up. My car company’s roadside service truck never showed up, and no one answered the phone from the emergency roadside phone.
Finally a Florida Road Rangers’ truck showed up. Great news, right? No, because as he got out of the truck he locked the door with his keys, phone, and radio in the truck. Although the gas cans were easily accessible in the back of the truck, he refused to give me gas because he feared I would leave him alone alongside of the road by himself.
Understanding the new facts of the situation, I now had another decision to make, so I asked, “What are my options?”
The first three options again brought no results. Another hour passed. My only option left was to try to convince the truck driver to break his window. After offering him $100, he accepted my payment and broke his window.
In making the first decision, if I had stopped with the most obvious options, I would never have thought about calling the Florida Road Rangers and after two hours no one would have shown up. When making the second decision, if I had not considered all my options, I would never have thought about offering him $100 to break his window.
Make Great Decisions Every Time
After using this simple two-question decision-making process for more than 10 years, it is now part of my DNA. Every time I have a decision to make I immediately ask myself two questions: “What are the facts? What are my options? Of the thousands of decisions I have made using this formula, I have found the right decision is almost always obvious.
When you are next faced with making a decision, ask yourself “What are the facts?” and “What are my options?” Then analyze your results. As you begin using this basic formula, you will seldom make a bad decision. If you do, it will generally be as a result of you not taking the time to consider all your options.
Tomorrow we will take this subject to the next level as I share with you how to go about making critical decisions.
If you analyze the facts, consider your options and be creative in your thought process, you will consistently make GREAT decisions.
Todd Smith is a successful entrepreneur of 34 years and founder of Little Things Matter. To receive Todd’s lessons, subscribe here. All Todd’s lessons are also available on iTunes as downloadable podcasts.
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