Handy Tips: How Billionaires Make Decisions

In Handy Tips, we find ways to improve your life and make it easier and explain why these tips work. Today, we will tell you about an unusual way of making decisions.

Here’s a small tip: Rely on mathematical calculation when making decisions: this will help you let go of unnecessary emotions.

How does it work?

You need to add some calculations into the usual “for and against” scheme of making decisions. Divide a piece of paper in half and write down all the pros and cons, assigning points from 1 to 10 to each item. This way, you will determine which criteria are more important and what is really important and what is a disadvantage.

Suppose you are thinking about buying a car and have found an option that suits you perfectly in terms of price. However, the previous owner covered the entire cabin with disgusting red leather, and you freaking hate red leather and don't want to cover the cabin with something else again. So, you will probably give the item "terrible red" 10 points, but because of the sweet price, add 6 or 7 points to the advantages column.

Then summarize everything: if the number of points from the “for” column exceeds the sum of points from the “against” column at least twice, feel free to make a positive decision. If not, we advise you to think more carefully. Maybe you should abandon your plan.

This method works well for a group of people. For example, there is a legend that at one meeting, the sale of one large company was discussed, and the management made a similar list and calculated the result. This way, the positive points outweighed the negative ones. The company was sold, and no mistake was made.