‘Indecision’ Impact on Business

27752-suffering-man.1200w.tn.jpgIndecision means not able to take a decision. When it comes to a career, decision making is almost a trump card. Right decision at the right time, in right circumstances will bring riches. But we are talking about indecision. I would rather say indecision is way more worse than a bad decision. At least a bad decision gives you long lasting experience while indecision gives you nothing but oblivion.

It doesn’t matter whether you’re running a startup, or just deciding on what to eat for lunch, indecision just makes things worse. Right now you may be stuck deciding what to eat, but in an hour’s time your lunch break is over and you’re bloody starving. Better to suck it up now and just have the damned noodles.

Not taking a decision in business leads to a direct loss to the business. So here are some tips to get rid of this indecisive trait from your business and from your life.

Avoid decision fatigue by simplifying your day

According to social psychologist Roy F. Baumeister, mental energy is finite and can be exhausted.

It’s why Steve Jobs wore his signature black turtleneck and jeans.
And why President Obama always wears the same suits.

“You’ll see I wear only gray or blue suits. I’m trying to pare down decisions. I don’t want to make decisions about what I’m eating or wearing. Because I have too many other decisions to make.”
– President Barack Obama

Keep a healthy perspective

When you give your decisions an inflated amount of importance, you give yourself an inflated amount of stress.

A question I ask myself often is, “How important is this, really?”

Pausing into that moment helps me adjust my perspective into healthy parameters fairly quickly.

Stop thinking right and wrong. Instead think right or left.

I’m not advocating making reckless or impulsive decisions for the sake of deciding.  Again, I believe every decision involves a quick calculation of the risks. But once you have a good sense of the importance of your decision and the possible outcomes, assure yourself there is no wrong choice—simply one that will take you right and one that will take you left. If you decide to take a few steps in one direction and discover it’s not working out, simply course correct and keep going.

Test your ideas with the right people.

Testing your ideas with potential customers can definitely help bring things into focus. It’s good know what appeals to people who spend money on what you offer. But passing around your new logo at a family reunion to get a feel for what people think? Not very helpful.

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