Successful people make decisions quickly and change them slowly. Unsuccessful people make decisions slowly and change them quickly! - Napoleon Hill, Think and Grow Rich.
basically succesful people are more decisive and follow through with their decisions.. this makes sense and is not big news! Unsuccesful people go with the flow and don't follow up with the few decisions they take.. basically!
Thank you so much for the value, Pat! As expected your channel lives up to its name!! 🙌 Lessons: 1. Game Theory - The prisoner's dilemma. Think of the consequences of the decision and how you respond to them. 2. Worst Case Scenario Analysis - Can you live with the worst outcome of the decision. 3. Value and Principles - Analyse if the decision aligns with your life values and principles. 4. Get Great (Objective, experienced, reasonable & unbiased) Counsel. 5. Consider your Alternative(s). 6. Decision Fatigue - Avoid making big decisions when fatigued! Sleep on it if you can. 7. Stick with your decision - Once you've made your decision, stick to it!
0:14 - The meaning of decision in Latin is to cut away from the past. 0:31 - Making tough decisions is often difficult because we are cutting away from certain aspects of our lives. 1:00 - Using game theory can help us make tough decisions with the biggest odds in our favor. 2:01 - The prisoner's dilemma is an example of game theory where we have to weigh the risks and rewards of our decisions. 3:29 - Consider the worst-case scenario and ask yourself if you can live with it before making a tough decision. 4:01 - If a decision doesn't align with your values and principles, it's best to move on. 5:58 - If an opportunity comes your way but it doesn't match your values and principles, move on. 6:34 - Get great counsel from someone who is neutral and reasonable in their decision-making process. 7:58 - Always consider your alternative options before making a tough decision. 8:48 - Avoid making major decisions when you are fatigued, as it may cloud your judgment. 9:54 - Once you make a decision, stick to it and avoid second-guessing yourself.
1. Game theory Ask: if i take action what are the consequences and how do i respond and reaction Prisoner dilemma 2. Worst case scenario 3. The decision doest match your values and principles 4. Go get great consul Person should be neutral, reasonable and not emotional on topic 5. What are your alternatives 6. Decision fatigue Never make massive decision when you are fatigue 7. Stick with your decision Big decision have slow process but fast movement
Patrick, I am going to Vegas. I was not going to come but a friend of mine told me, “You can’t miss out this.” Then I told her, “I am going to see this inspiring man.” Now I am going to Vegas to get more motivation from you.
Right when i was thinking "this is the best channel on TH-cam for entrepreneurs".....you say "The #1 channel for entrepreneurs"....lol well deserved title Pat. Thanks again bro
Great advice! I’ll take it. I think this was said in here, but I heard once said from a military guy as it pertained to leadership saying, “your not a bad leader because you made a bad decision; your a bad leader because you made no decision.” That stuck with me.
Mr. Patrick Bet David sir I I just wanted to say thank you for the free lessons that were not free for you to learn and I am thankful I do not have to learn the hard way like you did thank you sir
OMG ! my name is Juan that is John in Spanish even I was not planning to rob a bank or nothing similar , I in the moment of making big decisions and not knowing how to handle it yet stop me from doing what I wanted to do! But thanks to you with the value video I can start making important decisions and moving forward to the next decisions and keep moving forward.... thanks Patrick!! Nice to meet you in person a couple of weeks ago in Puerto Rico in the PHP event!
“Hire too fast and fire way too slow”; been there - done that. It is so true! Excellent and succint presentation on the important skill of decision making. Thanks!
To cut away from the past... So true i think this part is my handbrake in life and decision making. Point taken. Thanks Patrick. If I want to be better person Today i must let go the person who i was yesterday.
I have been struggling to make a decision since a week between two job offers.. but after watching this, the decision is clear on my mind by the end of the video. Wow. Thanks much big brother! I have been following you since my younger days ❤
1. Game theory - beautiful mind(movie) - making decisions where the biggest odds are in our favour (prisoner's Dilema!) 2. Worst case scenario - accept and move on 3. If the decision does not meet my values and principles. - Move on! 5. Get great cousel - neutral and reasonable -not biased in some way 6. Don't walk back on your decision. - once you make the decision, abide by it - if fatiguéd sleep on it.
@@VALUETAINMENT it's a great idea. Maybe mention that in one of the videos so your fans will ask for the interview. I, for one, will be very glad to help
Design and systems thinking is one of the modern way to deliberate situations where a desired outcome or outcomes is required. I definitely suggest reading about it because it is aligned with much of what Pat was talking about in this episode; another goldmine of valuable information for entrepreneurs. Thank you Pat and keep up your great content! Came here from your "Rules of Mental Toughness" video.
Thanks so much. Perfect timing. I have a job interview Friday with a group that definitely matches my principles and values. However, I can’t put the cart in front of the horse. I’m hoping it feels right as well.
Your channel add so much insight and value to entrepreneurs lives; thank you for everything you have done and i am proud to be a valuetainment follower! Let's all grow together!
you are great Patrick. i did not watch this video before but it almost what i did when i and my husband had to make a huge business decision that hopefully is the right one to make. but we literally walked through these steps without knowing. keep it up your content is great
What works for me in terms of having an alternative is to write down the pros and cons of the decision. It's called the Benjamin Franklin method of making decisions. If the pros is greater than the cons then I will execute it. If the cons are greater then I will pass. Ofcourse it works the best by taking in everything what Patrick said. :)
Alright I watched most videos of yours. This one is I believe the one that's going to help me the most. Thank you very much David, the team behind the video as well of course. 🙏
Thank you. I'll definitely read this book. For months I've been searching for good videos about decision making and I only came across lame self help videos that won't get to the core of the situation. This video truly gets to the point. Pure philosophy applied in life. Thank you.
First time listener, long time subscriber. You assisted me on a matter that has been lingering in my mind for hours. I will sleep on it and make my decision after breakfast.
Thank you valuetainment for your amazing content best channel on TH-cam for entrepreneurship mental toughness a hero is no braver than a ordinary man but he brave five minutes longer amazing quote thank you keep up the amazing work.😁👍🏽🙌🏼💯
Thats my Numbers 1 Videos at the Moment!! Exactly what I Need exactly, that my thoughts are, exactly what everybody Need, Things Like "Heart over brain, emotions and pressure" in some thought decisions Times are Zero. Thats exactly I explaint to a Lot of Ppl recently. Please make another one Video one "decisions" Thema. In Kids rising Up(school, Kindergarten, proffesion, doctors you choose), place of living, place of Business (we all Need place somewhere). Or how to make decisions in what Profession, Business we schould Invest our time and thoughts. All about decisions makeing more in Details or maybe you can recommend a book, thanks in advance.
Another thing that came as an Ah moment from this video. Is once you’ve noted worst case scenario and you’re cool with it, quickly note the best case scenario. It will help to propel yourself in mind body and soul to that massive success. Someone wise once told me “stop thinking why it won’t happen start thinking ways it will happen”
Brilliant video, I have started to use this across my business decision and I feel better. Especially with the final point of stick with your decision and do not dwell on mistakes because it does make you feel like utter shit, learn from mistakes do not dwell on them.
"What's the worst case scenario if I joined the army? I might get killed. Am I Ok to live with it?" I laughed so hard. I like this man lol. SUBSCRIBED!!!
Your content is awesome Patrick , i can definitely feel the care you have for yourself people and life , and it’s inspiring , your content brings massive value 🙏 Blessings
I cant believe PDB does so many great videos for free. I used to pay lots of money for programs that would be 1/10th of what PDB gives away. If you read this Pat, thank you very much. I actually listen carefully and put into action what I'm learning here and it's making a big difference in my life.
he talks about considering worst case and deciding whether to join the military and go to war. worst case is not death. worst case would be a injury that prevents you from functioning normally for the rest of your life....and there are thousands of veterans to look at if you want to know what could happen. that is a tough decision.
My girlfriend and I have been together for almost 4 years (college sweethearts). And we moved in with my parents after graduating. She wants to move out on our own, but I do not think it’s the best action to make at this point, and this is a major problem for us. She wants to finally have a place of her own, but at the same time she will be going to law school in a year (most likely out of state), while I have just started working in my field less than 6 months ago... We can definitely afford it, but would not save as much money and don’t have much savings as it is. Being skeptical about moving out together, is a sign to her that I am uncommitted at this point of our relationship. It’s a tough decision to make.
I'd explain to her that it's a financial thing and not a problem with you two living together. She might not like it but if you break down the numbers it might help. If you haven't, read "Rich Dad Poor Dad" by Robert Kiyosaki and have her read it, too.
really appreciate these 7 points. removed some doubts and fear. i have one question? my question is im trying to get withdraw from school. i have been thinking that, attending college is waste of time and money. i was thinking what if i sepnd those college years to spend reading books on things that interest me. but i have a feeling that missing school for life is something terribel, and it took me months and i still didn't make any decisions yet. can you help me give some tips on this to make decisions confidentiality without regret?
Oh my goodness, I'm currently at point 7 and it's really hurting me deep down. I made a decision on job transition from private sector enterprise to government sector. The hard reality now is I was earnings more in the private than in the government and this is affecting my performance at work.
Taking emotions out of decisions is one key to success.
While you follow a logical plan, emotions can still derail it.
Successful people make decisions quickly and change them slowly. Unsuccessful people make decisions slowly and change them quickly! - Napoleon Hill, Think and Grow Rich.
The Financial Bro it’s a good one to remember!
That is the best book I’ve read to date! If you haven’t read it go do it!! It will help you so much!
The Financial Bro awesome! Have fun 😊
@The Financial Bro easy to say but really difficult to implement
basically succesful people are more decisive and follow through with their decisions.. this makes sense and is not big news! Unsuccesful people go with the flow and don't follow up with the few decisions they take.. basically!
Thank you so much for the value, Pat! As expected your channel lives up to its name!! 🙌
Lessons:
1. Game Theory - The prisoner's dilemma. Think of the consequences of the decision and how you respond to them.
2. Worst Case Scenario Analysis - Can you live with the worst outcome of the decision.
3. Value and Principles - Analyse if the decision aligns with your life values and principles.
4. Get Great (Objective, experienced, reasonable & unbiased) Counsel.
5. Consider your Alternative(s).
6. Decision Fatigue - Avoid making big decisions when fatigued! Sleep on it if you can.
7. Stick with your decision - Once you've made your decision, stick to it!
Thanks
Thank you this!
Thanks dude!, I was writing my own notes then saw yours & thought, oh yea, that's way better then what I had jotted down 😄
lol ssszsz
thanks man, you saved my time!
0:14 - The meaning of decision in Latin is to cut away from the past.
0:31 - Making tough decisions is often difficult because we are cutting away from certain aspects of our lives.
1:00 - Using game theory can help us make tough decisions with the biggest odds in our favor.
2:01 - The prisoner's dilemma is an example of game theory where we have to weigh the risks and rewards of our decisions.
3:29 - Consider the worst-case scenario and ask yourself if you can live with it before making a tough decision.
4:01 - If a decision doesn't align with your values and principles, it's best to move on.
5:58 - If an opportunity comes your way but it doesn't match your values and principles, move on.
6:34 - Get great counsel from someone who is neutral and reasonable in their decision-making process.
7:58 - Always consider your alternative options before making a tough decision.
8:48 - Avoid making major decisions when you are fatigued, as it may cloud your judgment.
9:54 - Once you make a decision, stick to it and avoid second-guessing yourself.
1. Game theory
Ask: if i take action what are the consequences and how do i respond and reaction
Prisoner dilemma
2. Worst case scenario
3. The decision doest match your values and principles
4. Go get great consul
Person should be neutral, reasonable and not emotional on topic
5. What are your alternatives
6. Decision fatigue
Never make massive decision when you are fatigue
7. Stick with your decision
Big decision have slow process but fast movement
Nobody said it so I'm gonna do it. Thank you for your service
thanks
Patrick, I am going to Vegas. I was not going to come but a friend of mine told me, “You can’t miss out this.” Then I told her, “I am going to see this inspiring man.” Now I am going to Vegas to get more motivation from you.
See you in Vegas.
*If you hesitate* - they will doubt your authority
When you come to a conclusion, go all in!
No one has explained this to me as clear as you did. Thank you so much! Been facing tough decisions lately.
I overthink EVERYTHING. This changed my life thanks man. I truly appreciate every word it’s like gold.
Right when i was thinking "this is the best channel on TH-cam for entrepreneurs".....you say "The #1 channel for entrepreneurs"....lol well deserved title Pat. Thanks again bro
Great advice! I’ll take it.
I think this was said in here, but I heard once said from a military guy as it pertained to leadership saying, “your not a bad leader because you made a bad decision; your a bad leader because you made no decision.”
That stuck with me.
Mr. Patrick Bet David sir I I just wanted to say thank you for the free lessons that were not free for you to learn and I am thankful I do not have to learn the hard way like you did thank you sir
You should have a channel for all the fatherless kids!!!
Boys and men need your advice and mindset... ❤️💪
simply brilliant to the point thank you. instead of people using energy drink . watch this every day you need to be pumped up .
OMG ! my name is Juan that is John in Spanish even I was not planning to rob a bank or nothing similar , I in the moment of making big decisions and not knowing how to handle it yet stop me from doing what I wanted to do! But thanks to you with the value video I can start making important decisions and moving forward to the next decisions and keep moving forward.... thanks Patrick!!
Nice to meet you in person a couple of weeks ago in Puerto Rico in the PHP event!
Sometimes as weird as it sounds you just gotta flip a coin and commit to something. You don't want to get caught in analysis paralysis.
I did it... and I moved on .
“Hire too fast and fire way too slow”; been there - done that. It is so true! Excellent and succint presentation on the important skill of decision making. Thanks!
To cut away from the past... So true i think this part is my handbrake in life and decision making.
Point taken. Thanks Patrick. If I want to be better person Today i must let go the person who i was yesterday.
I have been struggling to make a decision since a week between two job offers.. but after watching this, the decision is clear on my mind by the end of the video. Wow. Thanks much big brother! I have been following you since my younger days ❤
I’m 19 pursuing entrepreneurship watching you shows me the way to success
Are you still on the path?
Cut away from the past...I'll remember that one!
1. Game theory
- beautiful mind(movie)
- making decisions where the biggest odds are in our favour
(prisoner's Dilema!)
2. Worst case scenario
- accept and move on
3. If the decision does not meet my values and principles.
- Move on!
5. Get great cousel
- neutral and reasonable
-not biased in some way
6. Don't walk back on your decision.
- once you make the decision, abide by it
- if fatiguéd sleep on it.
Haven't finished watching this and I have realized a lot. Thanks Patrick for this
Pat, thank you! This Video came at the right time!. It makes the decision process so much easier for me!
Love it
In the book 48 Laws of Power. Enter all decision with boldness.
You are really good Patrick. These are right advice. Hope folks view these videos early in their life
Thanks. Hope so too.
Patrick can you please do an Interview with Elon Musk
T&L Games omg please!!
It would make for a great interview. His camp needs to be swamped with messages on Twitter.
That would be stupid as fuck. How do they even relate?
@@NDiceSlice You're the most braindead moron I've come across in a while.
@@VALUETAINMENT it's a great idea. Maybe mention that in one of the videos so your fans will ask for the interview. I, for one, will be very glad to help
5:00 "you can go to war and get killed.Can you live with it"
*Confusion hits*
😂
Brilliant video God sent perfect timing for myself and I’m sure loads of people watching
Design and systems thinking is one of the modern way to deliberate situations where a desired outcome or outcomes is required.
I definitely suggest reading about it because it is aligned with much of what Pat was talking about in this episode; another goldmine of valuable information for entrepreneurs. Thank you Pat and keep up your great content!
Came here from your "Rules of Mental Toughness" video.
Same here
Fascinating info! Invaluable details on decision making. Much appreciated!
I just love valuetainment
Crazy weight loss brother good stuff g💪🏿💪🏿
Please make a video on how to manage college and business together because a lot of college students watch your videos
You explain things so simply to me.
Man, what a great topic. Not many go into this topic that often. So much value from Valuetainment. Thank You.
thank you Patrick for making such great content videos, your advises are it's truly helpful not only for business but also for life!
For the first 30MINUTES...I spent time eyeing the WRIST WATCH ⌚😂😂😂....a kul one David....the point got in.
Thanks so much. Perfect timing. I have a job interview Friday with a group that definitely matches my principles and values. However, I can’t put the cart in front of the horse. I’m hoping it feels right as well.
Thanks. This is really helpful.
Your channel add so much insight and value to entrepreneurs lives; thank you for everything you have done and i am proud to be a valuetainment follower! Let's all grow together!
you are great Patrick. i did not watch this video before but it almost what i did when i and my husband had to make a huge business decision that hopefully is the right one to make. but we literally walked through these steps without knowing. keep it up your content is great
What works for me in terms of having an alternative is to write down the pros and cons of the decision. It's called the Benjamin Franklin method of making decisions. If the pros is greater than the cons then I will execute it. If the cons are greater then I will pass. Ofcourse it works the best by taking in everything what Patrick said. :)
Coach Pat I appreciate the guidance
You got it
Alright I watched most videos of yours.
This one is I believe the one that's going to help me the most. Thank you very much David, the team behind the video as well of course. 🙏
Please restart making pdfs of videos
These pdfs are my proudest collection
Stay tuned
Wow, perfect timing 🙏🙏🙏
❤❤❤❤❤ thanks for helping people with this kind of video
Thank you. I'll definitely read this book. For months I've been searching for good videos about decision making and I only came across lame self help videos that won't get to the core of the situation. This video truly gets to the point. Pure philosophy applied in life. Thank you.
you are my greatest teacher, thank you for helping me.
First time listener, long time subscriber. You assisted me on a matter that has been lingering in my mind for hours. I will sleep on it and make my decision after breakfast.
WOW! I love this guy! So much insights
Am always trying to make big decisions every time especially on my online businesses that I share on TH-cam.
Awesome Patrick that's exactly what I needed to hear. Great content as always you bring value to the table. Knowledge is power.
Thank you Patrick thank you
Thinking of switching schools and moving out my moms house to my dads , I don’t really know what to do but time Can only tell
This is premium content, much respect Pat.
Great content. I am in middle big decision making. The video helped to break it down. Thank you so much as always. Stay blessed and have a killer day.
6:25 Accurate!
The disonance caused by going against pur own morals, will continue to remind the mind to fix it.
Thank you valuetainment for your amazing content best channel on TH-cam for entrepreneurship mental toughness a hero is no braver than a ordinary man but he brave five minutes longer amazing quote thank you keep up the amazing work.😁👍🏽🙌🏼💯
Thats my Numbers 1 Videos at the Moment!! Exactly what I Need exactly, that my thoughts are, exactly what everybody Need, Things Like "Heart over brain, emotions and pressure" in some thought decisions Times are Zero. Thats exactly I explaint to a Lot of Ppl recently. Please make another one Video one "decisions" Thema. In Kids rising Up(school, Kindergarten, proffesion, doctors you choose), place of living, place of Business (we all Need place somewhere). Or how to make decisions in what Profession, Business we schould Invest our time and thoughts. All about decisions makeing more in Details or maybe you can recommend a book, thanks in advance.
I’ll keep that in mind.
@@VALUETAINMENT thanks, I appreciate IT!!
I just loved the summary ! Thank you Sir =)
Nice video Valuetainment.
Try looking into "moonlighting" as there is security in a regular pay cheque and the business being run at the side at least for the start.
Another thing that came as an Ah moment from this video.
Is once you’ve noted worst case scenario and you’re cool with it,
quickly note the best case scenario.
It will help to propel yourself in mind body and soul to that massive success.
Someone wise once told me
“stop thinking why it won’t happen start thinking ways it will happen”
*"the strongest wills have to make the hardest decisions"* - Thanos
Shoot I'll take all the wisdom and pointers I can even from fictional celestial villains ;)
@@chunkychubchakra2254 I wouldn't if i were you, you might get demonitized. 🎭
Hopefully they don't just make a snap decision 😜 (Sorry, I couldn't resist 😂)
drew
AlphizzleMusic I see what you’ve done there
Great video PBD! Game theory is 👌👌👌👌 ... applies to just about everything in life...
Yes it does
Patrick you are the best
Much love
Brilliant video, I have started to use this across my business decision and I feel better. Especially with the final point of stick with your decision and do not dwell on mistakes because it does make you feel like utter shit, learn from mistakes do not dwell on them.
"What's the worst case scenario if I joined the army? I might get killed. Am I Ok to live with it?" I laughed so hard. I like this man lol. SUBSCRIBED!!!
Thank you, sir
I am 50 years old but i look very young youthful and peaceful and happy and calm!
Thank You A 1000% ...had some of this pointers but had not clearly defined them...Thanks a lot
Thank you!
You are the BEST MY MAN!! LOVE IT!
Your content is awesome Patrick , i can definitely feel the care you have for yourself people and life , and it’s inspiring , your content brings massive value 🙏 Blessings
Great video! Thank you for the information.
You got it
I cant believe PDB does so many great videos for free. I used to pay lots of money for programs that would be 1/10th of what PDB gives away.
If you read this Pat, thank you very much. I actually listen carefully and put into action what I'm learning here and it's making a big difference in my life.
Number 3, i needed someone to tell me that, i needed to hear that. Thank you so much.
Pat
This is very Great Video
Thanks
Great topic today! 👍
This is one of the best advice given by Patrick. Thank you sir.
he talks about considering worst case and deciding whether to join the military and go to war.
worst case is not death. worst case would be a injury that prevents you from functioning normally for the rest of your life....and there are thousands of veterans to look at if you want to know what could happen.
that is a tough decision.
My girlfriend and I have been together for almost 4 years (college sweethearts). And we moved in with my parents after graduating.
She wants to move out on our own, but I do not think it’s the best action to make at this point, and this is a major problem for us. She wants to finally have a place of her own, but at the same time she will be going to law school in a year (most likely out of state), while I have just started working in my field less than 6 months ago...
We can definitely afford it, but would not save as much money and don’t have much savings as it is. Being skeptical about moving out together, is a sign to her that I am uncommitted at this point of our relationship. It’s a tough decision to make.
I'd explain to her that it's a financial thing and not a problem with you two living together. She might not like it but if you break down the numbers it might help. If you haven't, read "Rich Dad Poor Dad" by Robert Kiyosaki and have her read it, too.
My tough decisions are changing my job to make more $ but then having enough saved up.
I'll get there eventually.
Yooo!! That background is clean!! 😮
AWESOME Advice!
👊🏼
You helping me to make a tough decision right now,thank you!
Have to sub when someone is that confident 🤣 also got some Goodfella vibes from hearing this.
really appreciate these 7 points. removed some doubts and fear. i have one question? my question is im trying to get withdraw from school. i have been thinking that, attending college is waste of time and money. i was thinking what if i sepnd those college years to spend reading books on things that interest me. but i have a feeling that missing school for life is something terribel, and it took me months and i still didn't make any decisions yet. can you help me give some tips on this to make decisions confidentiality without regret?
"I may go to war and I could die. Can I live with that?" - ROFLMAO ;)!
ANOTHER GREAT VIDEO Valuetainment!
BEST REGARDS TO ALL!
Pat... thank abundantly for your content. You are a blessing to me and my team
Excellent work
simple, just make them love it
You never fail to Inspire us. :) The BG pic is Awesome Mr. Pat :) :)
Thank you for all the valuable info Pat!
Oh my goodness, I'm currently at point 7 and it's really hurting me deep down. I made a decision on job transition from private sector enterprise to government sector. The hard reality now is I was earnings more in the private than in the government and this is affecting my performance at work.
Pat is the real Top G
Tough Times Don't Last But Tough People Do
Thanks so much!!
Radney Foster
Half of my mistakes
Good song