Billionaire framework for decision makingfrom @davidkchoe

Transcript

The biggest sign that you're gonna be at the top 1% of your game is directly connected to the quality of your decision making. Now this concept comes from a billionaire that I used to work with, and I learned a lot from this guy. He's a really successful software founder, and he has actually thousands of businesses, which is kind of crazy to think about. In working with him, I learned that he's been successful because of how he makes decisions and how he kinda forces everyone around him to make a decision. And he used what's called an important decision framework. The way that he actually laid it out was that he basically created a document of some kind. It could be a Worse doc, Google doc. And at the top, you outline the goal and the context. And then the rest of the document is every single decision that needs to be made in order to get to that goal. Let's say that the goal was to go after a new industry, a new customer industry, and you wanted to go after you wanted to close five deals. So you might now have five decisions that you need to make under that goal. Let's say that the first decision is to determine what size of company you wanna go better. And then so you would write that, like, decide what size company we need to go better. And then under that, you would have the choices and then the reasoning. And then you would bold the choice you wanted to make with the associated reasoning. And, basically, in order to have a meeting with this billionaire, you would have had to send this document and also go over this document in real time. And why I thought it was so effective was that it forced the person, who's responsible for creating the document to actually think through all the different scenarios, think through all the decisions that would have to be made in order to get to the end goal. And I don't think typically most people ever think like that. Right? So for example, like, you say you wanna lose weight. I think most people think, okay. What do I do? What what do I need to do? Oh, do I need to go to the gym? How many times do I need to go no gym? Okay. I probably need to eat yes. Or what do I eat? What do I change in my diet? Instead of reframing, okay, I have a goal to lose 15 pounds in the next three months. The decision I need to make in order to do that is I need to decide what my diet will best. What are my choices and what are the reasoning? Okay. What does my exercise need to look like? I need to make a decision. What are my choices and what are my reasoning? It for it's a forcing function for clear thinking. No, I mean, this guy is a billionaire, runs thousands of companies, and he does it all through this exact same framework. And so if you wanna be at the top of your game, you need to change. Right? Your your decision making frameworks, your decision making process needs to reflect your goals and your rank the the level of performance you wanna be at. And so I hope this helps. And it again, it's called the important decision framework. I can you know, if you're interested, DM me or leave a comment. Maybe I can create a blank template for people to yes, but I highly recommend you try something like this to uplevel your own decision making.