Ecommerce Q & ACategory: DropshippingDropshipping Business Mindset – Tips for Dropshipping Success
digitalsunilsah Staff asked 1 year ago

Are you indecisive? Struggle to make fast decisions?

History of poor choices? Put things off? Resort to “other peoples thinking” or following the crowd?

1 Answers
digitalsunilsah Staff answered 1 year ago

We are the sum of our choices. Where ever you are in life right now, your current situation, nobody is responsible but you. It’s the sum total of every decision you’ve ever made.
How to make radically better decisions so that you can improve everything in your business and life!
Here I briefly explains how to free up time and energy to make better decisions — how to think critically about your decisions — as well as practical mental models you can use immediately to improve your life.
Part one: Reduce your cognitive load
1. Make fewer decisions (decision fatigue is very real).
This can easily be achieved by having fewer things to work on at a time.

2. Do less stuff (sacrifice, say no to everything)
Example: Don’t go clubbing, don’t watch Netflix. Do only a few things each day. 

3. Make 1 decision that removes the need for future decisions
Example: Turn off your phone to remove future distractions, that would require a decision.

4. Have a simple personal life (low maintenance partner is key)
No drama, make sure your partner understand your goals and the work that follows, should you have a partner.

5. Limit your personal surface area (more area, more problems)
Part two: Think critically
1. Think critically, do your own analysis, don’t default to what others are doing (popular delusions and the madness of crowds)
2. Apply your core values/principles to guide consistent action
3. Look at decision making patterns of failures and successes (anti-patterns, positive patterns, and pattern matching for success)
Part three: Apply mental models
1. Define your goal clearly (your main goal)
2. Think long-term (this is 10-20-30 years, not 1-year)
3. Project decision options as vectors towards your goal
4. Calculate half-life of decision (decay or dividends)
5. Consider 2nd order consequences (what happens downstream)
6. Consider dependencies and sequencing (grand masters are always 10+ moves ahead, it’s all about the endgame)
7. Weigh input/output symmetry (chose asymmetric upside)
8. Consider risk, downside, and “ease of undo”
9. Counteract troughs with inverse curves (cashflow engineering)
If you want to get more of what you want and less of what you don’t want — go through our survey to see if we can help you out.