If this piece of information from The Daily Mirror of UK is to be believed, on an average, a person makes 773,618 decisions in a lifetime.
Whoa!
“That is about 27 decisions in a day – starting from whether to turn off the alarm or hit snooze,” mentions the article.
We make decisions all the time.
Should you drive down in your car or take a cab?
Should you watch Movie A or Movie B?
Should you have ice cream or a brownie?
Should you vote for NM or RG?
Should you sign up for my blog or not? 🙂
The interesting part is most of these choices are conflicting. Take some more examples.
Should you launch one product or the other?
Should you build the feature X or feature Y into your software?
Should you invest in equity or debt?
Should you sell stocks now or buy more?
Should you take on more loans for your venture or sell equity?
Should you give the contract to vendor A or vendor B?
Now comes the interesting part. Quoting the same article, of the 773,618 decisions – you will come to regret 143, 262 decisions. It means that 25% of your decisions would turn out to be bad – wrong decisions.
I wonder how come we make so many wrong decisions. What on earth can affect our mind so much that we can’t make right decisions? Or should I say how can we prevent ourselves from making wrong decisions?
Let’s explore this subject more.