Answer to Question #285082 in Economics of Enterprise for giahue

Question

John is a successful business owner. His landscaping business is growing, and a few months ago he decided to bring in somebody to manage his office operations since he had little time to keep on top of that activity. However, this individual can’t seem to make a decision without agonizing about it over and over and on and on. What could Juan do to help this person become a better decision maker?

(500 words)

Answer 1

Solution:

Knowing how to make good decisions could be the key to living your best life. And being able to make those decisions in a timely manner and feeling confident about your decision-making skills could save you a lot of time and hassle.

For Juan to become a better decision-maker, he must adhere to the following rules:

·        Take time to think about your decision and avoid rushing on things.

·        Understand and define the decision.

·        Think about your options.

·        Avoid social pressure.

·        Discuss it with someone else instead of carrying the entire burden on your own.

·        Avoid being overconfident.

·        Identify the risks you are getting yourself into.

·        Stop overthinking about the problem.

·        Frame your problems differently.