So, in the past, when presented with an opportunity, I would sometimes feel stuck.
“Is this the thing I asked the Universe to send me, or is it a bright shiny object? Should I say yes? Is it better to say no?”
I figured out a hack to help me always make the right decisions. Here it is:
People will often say to me…
“How do I know when to __________?” (Hire a new team member, start doing Facebook Lives, upgrade to a new office space, revamp the branding, invest in a coaching program, write the book…you name it.)
This question is usually followed by…
“How do I know if I have the money?” (Playing a bigger game in your business usually involves money, doesn’t it? Wouldn’t be convenient if it didn’t?)
And I tell them, “Well, you need to make a decision on this. Don’t make the decision based on the money! There are always ways to find the money to pay for the opportunity. But first, the decision must come.”
Here’s my five juiciest life hacks for making educated decisions. You can use these for anything:
1. What are my goals? Ask yourself, “Can saying yes to this opportunity get me closer and faster toward my goal?” If you are clear about your goal and you take several steps in the right direction every day, eventually you will succeed. So decide what it is that you want. Write it down, review it constantly, and each day do something that moves you toward your goals.
2. What’s the return on investment? This is where you ask yourself, “If I could make back my financial investment by two to four times over my lifetime, would it be a smart investment? What about 10 times?” If you can’t get a return on your investment, then don’t do it. I don’t do anything where I don’t get at least a minimum of two times a return on investment. I often see people trying to get their investment back in three months or a year. You don’t go to college and expect to get back your investment right away. That makes no sense. I encourage you to look at the whole lifetime of the investment instead.
3. What’s the alternative? When you’re stuck, when you’re waiting, ask yourself, “What happens if I don’t say yes? Do I want to be in the same place a year from now? Would I want to be in the same situation in five years?” That will give you the answer. It’s really that simple.
4. What’s my intuition telling me? I’m a spiritual person, and I always bring my spiritual guidance into my business. Yes, you want to be logical, but sometimes you can over-logic yourself into making the wrong decision, so try this even if you’re not spiritual, okay? The way that I consult my intuition is by silencing my fears for a moment, and then listening to my gut to tell me what to do. If you’re making a financial decision, take the money out of the equation (because money has a way of really messing up our decision-making process). Move it to the side and then ask yourself, “On a scale of 1 – 10, where do I stand?” (10 being “Yes I need this, this would be good for me,” and 1 being, “Hell no, this is not right for me.”) The number will come up immediately. If it’s a seven or above, the answer is yes. If it’s six or below the answer is no.
5. If I came from a place of faith rather than fear, would I say yes or would I say no? This is an invitation to let your faith be bigger than your fear. I’ve made some pretty crazy “yes” decisions in the past, because I do not make my decisions from fear. I make them from faith. And when I listened to my faith, I always took the right step. Fear just has me playing small and stay stuck further.
You can use this process for making any kind of decision in your business (especially when it comes to making financial decisions).
If you know that you’re someone who struggles to make decisions, who has been putting success on the back burner for too long, I’m going to invite you to put this process into action right now.
I want you to consider the decision to join us in the Boldheart Business program. (If you’ve been circling around us for some time, I really want you to engage with this exercise.)
Go ahead and write this down and answer each question:
- What are my goals?
- What’s the return on investment?
- What’s the alternative?
- What’s my intuition telling me?
- If I came from a place of faith rather than fear, would I say yes or would I say no?
Once you’ve done that, go ahead and schedule a free exploratory call with us to share your answers with us. We’re here to support you and get you to that next level in your business.
Don’t be shy.
You can do this,
P.S. What’s often discouraging to entrepreneurs is not having a proven process to follow that guarantees results. There’s so much hoping and wishing, which leads to self-doubt and waking up in the middle of the night wondering if you’re doing the right thing.
It doesn’t have to be this hard. All you need is a recipe to follow, like the example I gave you today. Let’s give you the tools you need to truly succeed.