How to Make Tough Decisions

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  • เผยแพร่เมื่อ 9 ก.ค. 2024
  • In this video Patrick Bet-David talks about how to make tough decisions. Subscribe to Valuetainment for new uploads: bit.ly/2aPEwD4
    Read the points in the article here: www.patrickbetdavid.com/how-t...
    About Valuetainment: Founded in 2012 by Patrick Bet-David, our goal is to impact entrepreneurs around the world through value and entertainment. We are the #1 channel for entrepreneurs because of the best interviews, best how to videos, because we defend capitalism and educate entrepreneurs.
    To reach the Valuetainment team you can email: info@valuetainment.com
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ความคิดเห็น • 374

  • @DamonLeeK
    @DamonLeeK 5 ปีที่แล้ว +574

    Successful people make decisions quickly and change them slowly. Unsuccessful people make decisions slowly and change them quickly! - Napoleon Hill, Think and Grow Rich.

    • @DamonLeeK
      @DamonLeeK 5 ปีที่แล้ว +5

      The Financial Bro it’s a good one to remember!

    • @AS-3D
      @AS-3D 5 ปีที่แล้ว +4

      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!

    • @AS-3D
      @AS-3D 5 ปีที่แล้ว +1

      The Financial Bro awesome! Have fun 😊

    • @chamber1083
      @chamber1083 5 ปีที่แล้ว +1

      @The Financial Bro easy to say but really difficult to implement

    • @onthearth1
      @onthearth1 4 ปีที่แล้ว +2

      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!

  • @noah-gordon
    @noah-gordon 5 ปีที่แล้ว +147

    Taking emotions out of decisions is one key to success.

  • @osse1n
    @osse1n 5 ปีที่แล้ว +45

    *If you hesitate* - they will doubt your authority
    When you come to a conclusion, go all in!

  • @flacochapo4101
    @flacochapo4101 ปีที่แล้ว +4

    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

  • @tsn_7xi
    @tsn_7xi 3 ปีที่แล้ว +70

    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

    • @therealchief1446
      @therealchief1446 ปีที่แล้ว +4

      Nobody said it so I'm gonna do it. Thank you for your service

    • @ryuedits4891
      @ryuedits4891 6 หลายเดือนก่อน

      thanks

  • @Brian-uw8lk
    @Brian-uw8lk 5 ปีที่แล้ว +186

    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!

    • @VALUETAINMENT
      @VALUETAINMENT  5 ปีที่แล้ว +29

      Thanks

    • @Ngdaryl
      @Ngdaryl 5 ปีที่แล้ว +5

      Thank you this!

    • @ChrisLena
      @ChrisLena 2 ปีที่แล้ว +2

      Thanks dude!, I was writing my own notes then saw yours & thought, oh yea, that's way better then what I had jotted down 😄

    • @abhishekpeechara87
      @abhishekpeechara87 2 ปีที่แล้ว

      lol ssszsz

    • @RohithS-ig4hl
      @RohithS-ig4hl ปีที่แล้ว

      thanks man, you saved my time!

  • @hananunity9974
    @hananunity9974 ปีที่แล้ว +2

    For the first 30MINUTES...I spent time eyeing the WRIST WATCH ⌚😂😂😂....a kul one David....the point got in.

  • @unicornspinach4071
    @unicornspinach4071 ปีที่แล้ว +2

    You should have a channel for all the fatherless kids!!!
    Boys and men need your advice and mindset... ❤️💪

  • @bruh-jo9lw
    @bruh-jo9lw 5 ปีที่แล้ว +240

    Patrick can you please do an Interview with Elon Musk

    • @AS-3D
      @AS-3D 5 ปีที่แล้ว +1

      T&L Games omg please!!

    • @VALUETAINMENT
      @VALUETAINMENT  5 ปีที่แล้ว +72

      It would make for a great interview. His camp needs to be swamped with messages on Twitter.

    • @NDiceSlice
      @NDiceSlice 5 ปีที่แล้ว

      That would be stupid as fuck. How do they even relate?

    • @seand8534
      @seand8534 5 ปีที่แล้ว +16

      @@NDiceSlice You're the most braindead moron I've come across in a while.

    • @user-uv4gj6fh9t
      @user-uv4gj6fh9t 4 ปีที่แล้ว +2

      @@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

  • @calvinraab8798
    @calvinraab8798 5 ปีที่แล้ว +12

    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.

  • @timcook4552
    @timcook4552 4 ปีที่แล้ว +29

    No one has explained this to me as clear as you did. Thank you so much! Been facing tough decisions lately.

  • @harrytries1475
    @harrytries1475 3 ปีที่แล้ว +2

    5:00 "you can go to war and get killed.Can you live with it"
    *Confusion hits*

  • @TNTN1977
    @TNTN1977 5 ปีที่แล้ว +16

    Cut away from the past...I'll remember that one!

  • @surimaribo24
    @surimaribo24 5 ปีที่แล้ว +13

    simply brilliant to the point thank you. instead of people using energy drink . watch this every day you need to be pumped up .

  • @abelmore7
    @abelmore7 ปีที่แล้ว +6

    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.

  • @festuskithi227
    @festuskithi227 2 หลายเดือนก่อน +1

    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.

  • @nelsonivangonzalez9997
    @nelsonivangonzalez9997 5 ปีที่แล้ว +8

    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.

  • @mattfavaloro350
    @mattfavaloro350 5 ปีที่แล้ว +5

    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

  • @moonlightreveries1459
    @moonlightreveries1459 ปีที่แล้ว +3

    I overthink EVERYTHING. This changed my life thanks man. I truly appreciate every word it’s like gold.

  • @felipeguimaraes1359
    @felipeguimaraes1359 5 ปีที่แล้ว +17

    thank you Patrick for making such great content videos, your advises are it's truly helpful not only for business but also for life!

  • @molinajuanr
    @molinajuanr 5 ปีที่แล้ว +6

    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!

  • @somedude3349
    @somedude3349 5 ปีที่แล้ว +19

    Please make a video on how to manage college and business together because a lot of college students watch your videos

  • @FrancisAbogonye
    @FrancisAbogonye 5 ปีที่แล้ว +8

    Haven't finished watching this and I have realized a lot. Thanks Patrick for this

  • @leonoradompor8706
    @leonoradompor8706 5 ปีที่แล้ว +6

    I am 50 years old but i look very young youthful and peaceful and happy and calm!

  • @eyeservantez
    @eyeservantez 5 ปีที่แล้ว +6

    Awesome Patrick that's exactly what I needed to hear. Great content as always you bring value to the table. Knowledge is power.

  • @luism.rodriguez3263
    @luism.rodriguez3263 ปีที่แล้ว +1

    “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!

  • @opinionsofthemind1876
    @opinionsofthemind1876 4 ปีที่แล้ว +2

    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!

  • @jeanalexandre1105
    @jeanalexandre1105 5 ปีที่แล้ว +10

    In the book 48 Laws of Power. Enter all decision with boldness.

  • @saulonrepeat1055
    @saulonrepeat1055 2 ปีที่แล้ว +3

    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.

  • @sealinemedia.
    @sealinemedia. ปีที่แล้ว +4

    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.

  • @RajBeats
    @RajBeats 4 ปีที่แล้ว +3

    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

  • @patsystonejones9555
    @patsystonejones9555 2 ปีที่แล้ว

    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.

  • @chaitanyagali6345
    @chaitanyagali6345 11 หลายเดือนก่อน +3

    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 ❤

  • @projectskii7557
    @projectskii7557 ปีที่แล้ว +4

    I’m 19 pursuing entrepreneurship watching you shows me the way to success

    • @vegeta8169
      @vegeta8169 ปีที่แล้ว

      Are you still on the path?

  • @mtg6753
    @mtg6753 2 ปีที่แล้ว +2

    Man, what a great topic. Not many go into this topic that often. So much value from Valuetainment. Thank You.

  • @fatimohjinadu8769
    @fatimohjinadu8769 5 ปีที่แล้ว +5

    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.

  • @kingrey3677
    @kingrey3677 3 ปีที่แล้ว +2

    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

  • @tradingstar9176
    @tradingstar9176 3 ปีที่แล้ว +1

    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. 🙏

  • @jowurani
    @jowurani 5 ปีที่แล้ว +5

    Brilliant video God sent perfect timing for myself and I’m sure loads of people watching

  • @dimitri0587
    @dimitri0587 5 ปีที่แล้ว +9

    I just love valuetainment

    • @shiylon
      @shiylon 3 ปีที่แล้ว

      Crazy weight loss brother good stuff g💪🏿💪🏿

  • @terrymcmiller3513
    @terrymcmiller3513 5 ปีที่แล้ว +14

    Pat, thank you! This Video came at the right time!. It makes the decision process so much easier for me!

  • @Connetification
    @Connetification 5 ปีที่แล้ว +3

    "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!!!

  • @ayopacheco1
    @ayopacheco1 5 ปีที่แล้ว +15

    Thanks. This is really helpful.

  • @diggleboy
    @diggleboy 3 ปีที่แล้ว +5

    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.

  • @kikianasahmad2328
    @kikianasahmad2328 5 ปีที่แล้ว +4

    You explain things so simply to me.

  • @clarencediabe7340
    @clarencediabe7340 3 ปีที่แล้ว

    Pat... thank abundantly for your content. You are a blessing to me and my team

  • @kimtukieusi4982
    @kimtukieusi4982 5 ปีที่แล้ว

    Thank You A 1000% ...had some of this pointers but had not clearly defined them...Thanks a lot

  • @jlee2179
    @jlee2179 2 ปีที่แล้ว

    This is one of the best advice given by Patrick. Thank you sir.

  • @ddskimmer
    @ddskimmer 5 ปีที่แล้ว +2

    You are the BEST MY MAN!! LOVE IT!

  • @LuisGonzalez-yf9rn
    @LuisGonzalez-yf9rn 2 หลายเดือนก่อน +1

    Fascinating info! Invaluable details on decision making. Much appreciated!

  • @watcha0011
    @watcha0011 5 ปีที่แล้ว +8

    Wow, perfect timing 🙏🙏🙏

  • @PassiveIncomeTom
    @PassiveIncomeTom 5 ปีที่แล้ว +4

    Great topic today! 👍

  • @rawanyacoub9147
    @rawanyacoub9147 ปีที่แล้ว +1

    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

  • @jazzmusiclover6473
    @jazzmusiclover6473 5 ปีที่แล้ว

    Number 3, i needed someone to tell me that, i needed to hear that. Thank you so much.

  • @FrancisAbogonye
    @FrancisAbogonye 5 ปีที่แล้ว +3

    Am always trying to make big decisions every time especially on my online businesses that I share on TH-cam.

  • @donjohnson7505
    @donjohnson7505 2 ปีที่แล้ว

    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.

  • @adnaneafifi1450
    @adnaneafifi1450 9 หลายเดือนก่อน +1

    I just loved the summary ! Thank you Sir =)

  • @andreivioreldantis7881
    @andreivioreldantis7881 2 ปีที่แล้ว

    Thank you for all the valuable info Pat!

  • @hari2utube2
    @hari2utube2 5 ปีที่แล้ว +10

    You are really good Patrick. These are right advice. Hope folks view these videos early in their life

  • @minijamf
    @minijamf 3 ปีที่แล้ว

    Loved this! Thank you Pat!

  • @minesh3553
    @minesh3553 3 ปีที่แล้ว +3

    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.

  • @addingtonmosesnsobila1302
    @addingtonmosesnsobila1302 ปีที่แล้ว +2

    This is premium content, much respect Pat.

  • @azhaanebrahim4887
    @azhaanebrahim4887 2 ปีที่แล้ว +1

    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.😁👍🏽🙌🏼💯

  • @MRIslambek
    @MRIslambek 4 ปีที่แล้ว +2

    Great content, thanks PBD

  • @divyamurugesan5557
    @divyamurugesan5557 5 ปีที่แล้ว +5

    You never fail to Inspire us. :) The BG pic is Awesome Mr. Pat :) :)

  • @pabitrikalita3940
    @pabitrikalita3940 3 ปีที่แล้ว +2

    you are my greatest teacher, thank you for helping me.

  • @cjwright79
    @cjwright79 4 ปีที่แล้ว

    terrific video Patrick, the fierce bulldog energy is something we could all benefit from adding to our life, our range of personas

  • @surajbhatt3059
    @surajbhatt3059 5 ปีที่แล้ว +6

    Please restart making pdfs of videos
    These pdfs are my proudest collection

  • @aghiadf
    @aghiadf 5 ปีที่แล้ว +3

    Pat
    This is very Great Video
    Thanks

  • @anadeealupu1458
    @anadeealupu1458 ปีที่แล้ว +1

    Thank you!!

  • @jowurani
    @jowurani 5 ปีที่แล้ว +5

    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”

  • @mqondisimagcaba5517
    @mqondisimagcaba5517 6 หลายเดือนก่อน +1

    WOW! I love this guy! So much insights

  • @shaunvenn6486
    @shaunvenn6486 2 ปีที่แล้ว +1

    Thank you Patrick thank you

  • @shimagaijin1
    @shimagaijin1 ปีที่แล้ว

    Much needed! Thank you 🙏

  • @Clarapottinger
    @Clarapottinger ปีที่แล้ว +1

    Have to sub when someone is that confident 🤣 also got some Goodfella vibes from hearing this.

  •  5 ปีที่แล้ว +2

    Great thorough video!!!

  • @ogsilverback971
    @ogsilverback971 3 ปีที่แล้ว +2

    Nice video Valuetainment.

  • @zk3212
    @zk3212 2 ปีที่แล้ว +1

    Thank you!

  • @chowrightnow
    @chowrightnow ปีที่แล้ว +1

    Really helpful vid, thanks Patrick!

  • @alexfayaz2411
    @alexfayaz2411 ปีที่แล้ว +1

    ❤❤❤❤❤ thanks for helping people with this kind of video

  • @glenn4887
    @glenn4887 3 ปีที่แล้ว

    Great information. Thank You Patrick!

  • @starfire9552
    @starfire9552 3 หลายเดือนก่อน +1

    Thank you, sir

  • @ChrisHillOnline
    @ChrisHillOnline 5 ปีที่แล้ว +6

    Great video PBD! Game theory is 👌👌👌👌 ... applies to just about everything in life...

  • @precool
    @precool ปีที่แล้ว +1

    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.

  • @tekielicky12
    @tekielicky12 3 ปีที่แล้ว +3

    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. :)

  • @JamesDThomas1981
    @JamesDThomas1981 3 ปีที่แล้ว

    Perfect message Patrick!!!!

  • @danyaalcloete6590
    @danyaalcloete6590 5 ปีที่แล้ว

    Thank you Pat!

  • @kolumkoeget9055
    @kolumkoeget9055 4 ปีที่แล้ว

    Patrick love your encouraging platform for success. Your super cool.

  • @Aharon-zl5mt
    @Aharon-zl5mt ปีที่แล้ว +1

    You helping me to make a tough decision right now,thank you!

  • @keatongroom
    @keatongroom ปีที่แล้ว

    This is so valuable. Thanks for the advice

  • @anamello_manaus
    @anamello_manaus 5 ปีที่แล้ว

    Thank You Patrick :)

  • @fredsimwaba4362
    @fredsimwaba4362 ปีที่แล้ว +1

    Tough Times Don't Last But Tough People Do

  • @davedadaniels8388
    @davedadaniels8388 3 ปีที่แล้ว

    Very helpful! Thanks!

  • @taylorwalston1
    @taylorwalston1 5 ปีที่แล้ว +8

    Coach Pat I appreciate the guidance

  • @Howtocreatewinningfocalsbeads
    @Howtocreatewinningfocalsbeads 3 ปีที่แล้ว

    I love this video man thank u

  • @alexyoung1418
    @alexyoung1418 5 ปีที่แล้ว

    you are one of my favorite persons 👏🏻👏🏻👍🏻👍🏻👍🏻

  • @DPCLL
    @DPCLL 7 หลายเดือนก่อน +1

    Excellent work

  • @TheConqueror009
    @TheConqueror009 5 ปีที่แล้ว +2

    Great video!

  • @joemoment-o1275
    @joemoment-o1275 5 ปีที่แล้ว +1

    My tough decisions are changing my job to make more $ but then having enough saved up.
    I'll get there eventually.

  • @girishgaikwad7559
    @girishgaikwad7559 5 ปีที่แล้ว

    Thanks again Sir