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“Divide and Conquer” Decision Making For Your Horse Business

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image courtesy of Doug Emerson, The Profitable Horseman.

I’ve met a number of wealthy people in business who started with very little money. One of the common characteristics of this group is their ability to make decisions efficiently.

They listen intently, ask necessary questions and make a timely decision in minutes on simple matters. With major decisions, once all the necessary information is collected, decisions are made in days.

Reluctance to make decisions promptly when you’re the sole decision maker is usually brought about the committee of doubters that exist in your head.

They offer statements like:

  • “Remember what happened last time”
  • “Sounds risky, get more solid information to double check”
  • ‘You’re not good enough”
  • “Others have tried this and lost money
  • “What will people think if you fail”

Your internal committee of voices often has its priorities reversed. Instead of obsessing on all of the bad that can happen, it should be evaluating benefit in consideration of potential risk.

A wise person once said, “Good decisions come from experience and experience comes from bad decisions.”

The most skilled decision makers have made a few bad ones along the way. Ask them.

You can only make a decision in the present based on only what you know at that moment. Accept risk and move on to the next decision and watch your business grow.

Now get your boots on and get to work. You’ve got decisions to make!

Doug Emerson helps professional horsemen struggling with the business half of the horse business.

Visit his website:  www.ProfitableHorseman.com for more articles like this one and to subscribe to his free electronic newsletter about being profitable in the horse business.

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