How to Make Tough Decisions

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  • čas přidán 31. 05. 2024
  • In this video Patrick Bet-David talks about how to make tough decisions. Subscribe to Valuetainment for new uploads: bit.ly/2aPEwD4
    Read the points in the article here: www.patrickbetdavid.com/how-t...
    About Valuetainment: Founded in 2012 by Patrick Bet-David, our goal is to impact entrepreneurs around the world through value and entertainment. We are the #1 channel for entrepreneurs because of the best interviews, best how to videos, because we defend capitalism and educate entrepreneurs.
    To reach the Valuetainment team you can email: info@valuetainment.com
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Komentáře • 373

  • @DamonLeeKeizer
    @DamonLeeKeizer Před 4 lety +570

    Successful people make decisions quickly and change them slowly. Unsuccessful people make decisions slowly and change them quickly! - Napoleon Hill, Think and Grow Rich.

    • @DamonLeeKeizer
      @DamonLeeKeizer Před 4 lety +5

      The Financial Bro it’s a good one to remember!

    • @AS-3D
      @AS-3D Před 4 lety +4

      That is the best book I’ve read to date! If you haven’t read it go do it!! It will help you so much!

    • @AS-3D
      @AS-3D Před 4 lety +1

      The Financial Bro awesome! Have fun 😊

    • @chamber1083
      @chamber1083 Před 4 lety +1

      @The Financial Bro easy to say but really difficult to implement

    • @onthearth1
      @onthearth1 Před 4 lety +2

      basically succesful people are more decisive and follow through with their decisions.. this makes sense and is not big news! Unsuccesful people go with the flow and don't follow up with the few decisions they take.. basically!

  • @noah-gordon
    @noah-gordon Před 4 lety +145

    Taking emotions out of decisions is one key to success.

  • @unicornspinach4071
    @unicornspinach4071 Před rokem +2

    You should have a channel for all the fatherless kids!!!
    Boys and men need your advice and mindset... ❤️💪

  • @bruh-jo9lw
    @bruh-jo9lw Před 4 lety +241

    Patrick can you please do an Interview with Elon Musk

    • @AS-3D
      @AS-3D Před 4 lety +1

      T&L Games omg please!!

    • @VALUETAINMENT
      @VALUETAINMENT  Před 4 lety +72

      It would make for a great interview. His camp needs to be swamped with messages on Twitter.

    • @NDiceSlice
      @NDiceSlice Před 4 lety

      That would be stupid as fuck. How do they even relate?

    • @seand8534
      @seand8534 Před 4 lety +16

      @@NDiceSlice You're the most braindead moron I've come across in a while.

    • @user-uv4gj6fh9t
      @user-uv4gj6fh9t Před 4 lety +2

      @@VALUETAINMENT it's a great idea. Maybe mention that in one of the videos so your fans will ask for the interview. I, for one, will be very glad to help

  • @osse1n
    @osse1n Před 4 lety +45

    *If you hesitate* - they will doubt your authority
    When you come to a conclusion, go all in!

  • @Brian-uw8lk
    @Brian-uw8lk Před 4 lety +186

    Thank you so much for the value, Pat! As expected your channel lives up to its name!! 🙌
    Lessons:
    1. Game Theory - The prisoner's dilemma. Think of the consequences of the decision and how you respond to them.
    2. Worst Case Scenario Analysis - Can you live with the worst outcome of the decision.
    3. Value and Principles - Analyse if the decision aligns with your life values and principles.
    4. Get Great (Objective, experienced, reasonable & unbiased) Counsel.
    5. Consider your Alternative(s).
    6. Decision Fatigue - Avoid making big decisions when fatigued! Sleep on it if you can.
    7. Stick with your decision - Once you've made your decision, stick to it!

    • @VALUETAINMENT
      @VALUETAINMENT  Před 4 lety +29

      Thanks

    • @Ngdaryl
      @Ngdaryl Před 4 lety +5

      Thank you this!

    • @ChrisLena
      @ChrisLena Před 2 lety +2

      Thanks dude!, I was writing my own notes then saw yours & thought, oh yea, that's way better then what I had jotted down 😄

    • @abhishekpeechara87
      @abhishekpeechara87 Před 2 lety

      lol ssszsz

    • @RohithS-ig4hl
      @RohithS-ig4hl Před rokem

      thanks man, you saved my time!

  • @tsn_7xi
    @tsn_7xi Před 3 lety +68

    1. Game theory
    Ask: if i take action what are the consequences and how do i respond and reaction
    Prisoner dilemma
    2. Worst case scenario
    3. The decision doest match your values and principles
    4. Go get great consul
    Person should be neutral, reasonable and not emotional on topic
    5. What are your alternatives
    6. Decision fatigue
    Never make massive decision when you are fatigue
    7. Stick with your decision
    Big decision have slow process but fast movement

  • @festuskithi227
    @festuskithi227 Před měsícem +1

    1. Game theory
    - beautiful mind(movie)
    - making decisions where the biggest odds are in our favour
    (prisoner's Dilema!)
    2. Worst case scenario
    - accept and move on
    3. If the decision does not meet my values and principles.
    - Move on!
    5. Get great cousel
    - neutral and reasonable
    -not biased in some way
    6. Don't walk back on your decision.
    - once you make the decision, abide by it
    - if fatiguéd sleep on it.

  • @TNTN1977
    @TNTN1977 Před 4 lety +16

    Cut away from the past...I'll remember that one!

  • @calvinraab8798
    @calvinraab8798 Před 4 lety +11

    Sometimes as weird as it sounds you just gotta flip a coin and commit to something. You don't want to get caught in analysis paralysis.

  • @harrytries1475
    @harrytries1475 Před 2 lety +1

    5:00 "you can go to war and get killed.Can you live with it"
    *Confusion hits*

  • @surimaribo24
    @surimaribo24 Před 4 lety +13

    simply brilliant to the point thank you. instead of people using energy drink . watch this every day you need to be pumped up .

  • @timcook4552
    @timcook4552 Před 4 lety +29

    No one has explained this to me as clear as you did. Thank you so much! Been facing tough decisions lately.

  • @flacochapo4101
    @flacochapo4101 Před rokem +4

    Thinking of switching schools and moving out my moms house to my dads , I don’t really know what to do but time Can only tell

  • @abelmore7
    @abelmore7 Před rokem +6

    Great advice! I’ll take it.
    I think this was said in here, but I heard once said from a military guy as it pertained to leadership saying, “your not a bad leader because you made a bad decision; your a bad leader because you made no decision.”
    That stuck with me.

  • @somedude3349
    @somedude3349 Před 4 lety +19

    Please make a video on how to manage college and business together because a lot of college students watch your videos

  • @mattfavaloro350
    @mattfavaloro350 Před 4 lety +5

    Mr. Patrick Bet David sir I I just wanted to say thank you for the free lessons that were not free for you to learn and I am thankful I do not have to learn the hard way like you did thank you sir

  • @moonlightreveries1459
    @moonlightreveries1459 Před rokem +3

    I overthink EVERYTHING. This changed my life thanks man. I truly appreciate every word it’s like gold.

  • @dimitri0587
    @dimitri0587 Před 4 lety +9

    I just love valuetainment

    • @shiylon
      @shiylon Před 3 lety

      Crazy weight loss brother good stuff g💪🏿💪🏿

  • @leonoradompor8706
    @leonoradompor8706 Před 4 lety +6

    I am 50 years old but i look very young youthful and peaceful and happy and calm!

  • @hananunity9974
    @hananunity9974 Před rokem +2

    For the first 30MINUTES...I spent time eyeing the WRIST WATCH ⌚😂😂😂....a kul one David....the point got in.

  • @sealinemedia.
    @sealinemedia. Před 11 měsíci +4

    0:14 - The meaning of decision in Latin is to cut away from the past.
    0:31 - Making tough decisions is often difficult because we are cutting away from certain aspects of our lives.
    1:00 - Using game theory can help us make tough decisions with the biggest odds in our favor.
    2:01 - The prisoner's dilemma is an example of game theory where we have to weigh the risks and rewards of our decisions.
    3:29 - Consider the worst-case scenario and ask yourself if you can live with it before making a tough decision.
    4:01 - If a decision doesn't align with your values and principles, it's best to move on.
    5:58 - If an opportunity comes your way but it doesn't match your values and principles, move on.
    6:34 - Get great counsel from someone who is neutral and reasonable in their decision-making process.
    7:58 - Always consider your alternative options before making a tough decision.
    8:48 - Avoid making major decisions when you are fatigued, as it may cloud your judgment.
    9:54 - Once you make a decision, stick to it and avoid second-guessing yourself.

  • @nelsonivangonzalez9997
    @nelsonivangonzalez9997 Před 4 lety +8

    Patrick, I am going to Vegas. I was not going to come but a friend of mine told me, “You can’t miss out this.” Then I told her, “I am going to see this inspiring man.” Now I am going to Vegas to get more motivation from you.

  • @jeanalexandre1105
    @jeanalexandre1105 Před 4 lety +10

    In the book 48 Laws of Power. Enter all decision with boldness.

  • @molinajuanr
    @molinajuanr Před 4 lety +6

    OMG ! my name is Juan that is John in Spanish even I was not planning to rob a bank or nothing similar , I in the moment of making big decisions and not knowing how to handle it yet stop me from doing what I wanted to do! But thanks to you with the value video I can start making important decisions and moving forward to the next decisions and keep moving forward.... thanks Patrick!!
    Nice to meet you in person a couple of weeks ago in Puerto Rico in the PHP event!

  • @LuisGonzalez-yf9rn
    @LuisGonzalez-yf9rn Před měsícem +1

    Fascinating info! Invaluable details on decision making. Much appreciated!

  • @luism.rodriguez3263
    @luism.rodriguez3263 Před rokem +1

    “Hire too fast and fire way too slow”; been there - done that. It is so true! Excellent and succint presentation on the important skill of decision making. Thanks!

  • @projectskii7557
    @projectskii7557 Před rokem +4

    I’m 19 pursuing entrepreneurship watching you shows me the way to success

  • @felipeguimaraes1359
    @felipeguimaraes1359 Před 4 lety +17

    thank you Patrick for making such great content videos, your advises are it's truly helpful not only for business but also for life!

  • @opinionsofthemind1876
    @opinionsofthemind1876 Před 4 lety +2

    Your channel add so much insight and value to entrepreneurs lives; thank you for everything you have done and i am proud to be a valuetainment follower! Let's all grow together!

  • @FrancisAbogonye
    @FrancisAbogonye Před 4 lety +8

    Haven't finished watching this and I have realized a lot. Thanks Patrick for this

  • @saulonrepeat1055
    @saulonrepeat1055 Před 2 lety +3

    To cut away from the past... So true i think this part is my handbrake in life and decision making.
    Point taken. Thanks Patrick. If I want to be better person Today i must let go the person who i was yesterday.

  • @eyeservantez
    @eyeservantez Před 4 lety +6

    Awesome Patrick that's exactly what I needed to hear. Great content as always you bring value to the table. Knowledge is power.

  • @RajBeats
    @RajBeats Před 4 lety +3

    Right when i was thinking "this is the best channel on CZcams for entrepreneurs".....you say "The #1 channel for entrepreneurs"....lol well deserved title Pat. Thanks again bro

  • @patsystonejones9555
    @patsystonejones9555 Před 2 lety

    Thank you. I'll definitely read this book. For months I've been searching for good videos about decision making and I only came across lame self help videos that won't get to the core of the situation. This video truly gets to the point. Pure philosophy applied in life. Thank you.

  • @mtg6753
    @mtg6753 Před 2 lety +2

    Man, what a great topic. Not many go into this topic that often. So much value from Valuetainment. Thank You.

  • @chaitanyagali6345
    @chaitanyagali6345 Před 10 měsíci +3

    I have been struggling to make a decision since a week between two job offers.. but after watching this, the decision is clear on my mind by the end of the video. Wow. Thanks much big brother! I have been following you since my younger days ❤

  • @fatimohjinadu8769
    @fatimohjinadu8769 Před 4 lety +5

    Great content. I am in middle big decision making. The video helped to break it down. Thank you so much as always. Stay blessed and have a killer day.

  • @tradingstar9176
    @tradingstar9176 Před 3 lety +1

    Alright I watched most videos of yours.
    This one is I believe the one that's going to help me the most. Thank you very much David, the team behind the video as well of course. 🙏

  • @jowurani
    @jowurani Před 4 lety +5

    Brilliant video God sent perfect timing for myself and I’m sure loads of people watching

  • @surajbhatt3059
    @surajbhatt3059 Před 4 lety +6

    Please restart making pdfs of videos
    These pdfs are my proudest collection

  • @kingrey3677
    @kingrey3677 Před 3 lety +2

    Your content is awesome Patrick , i can definitely feel the care you have for yourself people and life , and it’s inspiring , your content brings massive value 🙏 Blessings

  • @terrymcmiller3513
    @terrymcmiller3513 Před 4 lety +14

    Pat, thank you! This Video came at the right time!. It makes the decision process so much easier for me!

  • @kimtukieusi4982
    @kimtukieusi4982 Před 4 lety

    Thank You A 1000% ...had some of this pointers but had not clearly defined them...Thanks a lot

  • @taylorwalston1
    @taylorwalston1 Před 4 lety +8

    Coach Pat I appreciate the guidance

  • @hari2utube2
    @hari2utube2 Před 4 lety +10

    You are really good Patrick. These are right advice. Hope folks view these videos early in their life

  • @clarencediabe7340
    @clarencediabe7340 Před 3 lety

    Pat... thank abundantly for your content. You are a blessing to me and my team

  • @kikianasahmad2328
    @kikianasahmad2328 Před 4 lety +3

    You explain things so simply to me.

  • @ayopacheco1
    @ayopacheco1 Před 4 lety +15

    Thanks. This is really helpful.

  • @jlee2179
    @jlee2179 Před 2 lety

    This is one of the best advice given by Patrick. Thank you sir.

  • @adnaneafifi1450
    @adnaneafifi1450 Před 7 měsíci +1

    I just loved the summary ! Thank you Sir =)

  • @mohammedikanoune8846
    @mohammedikanoune8846 Před 4 lety +5

    Patrick you are the best

  • @jazzmusiclover6473
    @jazzmusiclover6473 Před 4 lety

    Number 3, i needed someone to tell me that, i needed to hear that. Thank you so much.

  • @watcha0011
    @watcha0011 Před 4 lety +8

    Wow, perfect timing 🙏🙏🙏

  • @donjohnson7505
    @donjohnson7505 Před 2 lety

    First time listener, long time subscriber. You assisted me on a matter that has been lingering in my mind for hours. I will sleep on it and make my decision after breakfast.

  • @ddskimmer
    @ddskimmer Před 4 lety +2

    You are the BEST MY MAN!! LOVE IT!

  • @andreivioreldantis7881

    Thank you for all the valuable info Pat!

  • @rawanyacoub9147
    @rawanyacoub9147 Před 11 měsíci +1

    you are great Patrick. i did not watch this video before but it almost what i did when i and my husband had to make a huge business decision that hopefully is the right one to make. but we literally walked through these steps without knowing. keep it up your content is great

  • @diggleboy
    @diggleboy Před 3 lety +5

    Design and systems thinking is one of the modern way to deliberate situations where a desired outcome or outcomes is required.
    I definitely suggest reading about it because it is aligned with much of what Pat was talking about in this episode; another goldmine of valuable information for entrepreneurs. Thank you Pat and keep up your great content!
    Came here from your "Rules of Mental Toughness" video.

  • @minijamf
    @minijamf Před 3 lety

    Loved this! Thank you Pat!

  • @packrcch
    @packrcch Před 3 lety +1

    he talks about considering worst case and deciding whether to join the military and go to war.
    worst case is not death. worst case would be a injury that prevents you from functioning normally for the rest of your life....and there are thousands of veterans to look at if you want to know what could happen.
    that is a tough decision.

  • @starfire9552
    @starfire9552 Před měsícem +1

    Thank you, sir

  • @pabitrikalita3940
    @pabitrikalita3940 Před 3 lety +2

    you are my greatest teacher, thank you for helping me.

  • @mqondisimagcaba5517
    @mqondisimagcaba5517 Před 4 měsíci +1

    WOW! I love this guy! So much insights

  • @anadeealupu1458
    @anadeealupu1458 Před rokem +1

    Thank you!!

  • @shaunvenn6486
    @shaunvenn6486 Před 2 lety +1

    Thank you Patrick thank you

  • @shimagaijin1
    @shimagaijin1 Před rokem

    Much needed! Thank you 🙏

  • @aghiadf
    @aghiadf Před 4 lety +3

    Pat
    This is very Great Video
    Thanks

  • @azhaanebrahim4887
    @azhaanebrahim4887 Před 2 lety +1

    Thank you valuetainment for your amazing content best channel on CZcams for entrepreneurship mental toughness a hero is no braver than a ordinary man but he brave five minutes longer amazing quote thank you keep up the amazing work.😁👍🏽🙌🏼💯

  • @precool
    @precool Před rokem +1

    Thanks so much. Perfect timing. I have a job interview Friday with a group that definitely matches my principles and values. However, I can’t put the cart in front of the horse. I’m hoping it feels right as well.

  • @Je.rone_
    @Je.rone_ Před 4 lety +66

    *"the strongest wills have to make the hardest decisions"* - Thanos

    • @chunkychubchakra2254
      @chunkychubchakra2254 Před 4 lety +3

      Shoot I'll take all the wisdom and pointers I can even from fictional celestial villains ;)

    • @Je.rone_
      @Je.rone_ Před 4 lety +2

      @@chunkychubchakra2254 I wouldn't if i were you, you might get demonitized. 🎭

    • @AlphizzleMusic
      @AlphizzleMusic Před 3 lety

      Hopefully they don't just make a snap decision 😜 (Sorry, I couldn't resist 😂)

    • @hotephomie8024
      @hotephomie8024 Před 3 lety

      drew

    • @chrisika8874
      @chrisika8874 Před 3 lety

      AlphizzleMusic I see what you’ve done there

  • @cjwright79
    @cjwright79 Před 4 lety

    terrific video Patrick, the fierce bulldog energy is something we could all benefit from adding to our life, our range of personas

  • @glenn4887
    @glenn4887 Před 3 lety

    Great information. Thank You Patrick!

  • @zk3212
    @zk3212 Před 2 lety +1

    Thank you!

  • @chowrightnow
    @chowrightnow Před rokem +1

    Really helpful vid, thanks Patrick!

  • @danyaalcloete6590
    @danyaalcloete6590 Před 4 lety

    Thank you Pat!

  • @MRIslambek
    @MRIslambek Před 4 lety +2

    Great content, thanks PBD

  • @JamesDThomas1981
    @JamesDThomas1981 Před 3 lety

    Perfect message Patrick!!!!

  • @kolumkoeget9055
    @kolumkoeget9055 Před 3 lety

    Patrick love your encouraging platform for success. Your super cool.

  • @addingtonmosesnsobila1302

    This is premium content, much respect Pat.

  • @PassiveIncomeTom
    @PassiveIncomeTom Před 4 lety +4

    Great topic today! 👍

  • @alexfayaz2411
    @alexfayaz2411 Před rokem +1

    ❤❤❤❤❤ thanks for helping people with this kind of video

  • @Connetification
    @Connetification Před 4 lety +3

    "What's the worst case scenario if I joined the army? I might get killed. Am I Ok to live with it?" I laughed so hard. I like this man lol. SUBSCRIBED!!!

  • @keatongroom
    @keatongroom Před rokem

    This is so valuable. Thanks for the advice

  • @minesh3553
    @minesh3553 Před 3 lety +3

    Brilliant video, I have started to use this across my business decision and I feel better. Especially with the final point of stick with your decision and do not dwell on mistakes because it does make you feel like utter shit, learn from mistakes do not dwell on them.

  • @Howtocreatewinningfocalsbeads

    I love this video man thank u

  • @Aharon-zl5mt
    @Aharon-zl5mt Před rokem +1

    You helping me to make a tough decision right now,thank you!

  • @girishgaikwad7559
    @girishgaikwad7559 Před 4 lety

    Thanks again Sir

  • @heathermimiwahlquist5587
    @heathermimiwahlquist5587 Před 11 měsíci

    Thank you

  • @davedadaniels8388
    @davedadaniels8388 Před 3 lety

    Very helpful! Thanks!

  • @FrancisAbogonye
    @FrancisAbogonye Před 4 lety +3

    Am always trying to make big decisions every time especially on my online businesses that I share on CZcams.

  • @asatovabdulaziz7258
    @asatovabdulaziz7258 Před 11 měsíci

    Thanks 👍👍👍

  • @20thcenturyboy85
    @20thcenturyboy85 Před 4 lety +5

    AWESOME Advice!

  • @alexyoung1418
    @alexyoung1418 Před 4 lety

    you are one of my favorite persons 👏🏻👏🏻👍🏻👍🏻👍🏻

  • @DPCLL
    @DPCLL Před 5 měsíci +1

    Excellent work

  • @mrduckman225
    @mrduckman225 Před rokem

    Thanks David this really helped

  • @osamarais606
    @osamarais606 Před 4 lety +2

    This was pretty useful

  •  Před 4 lety +2

    Great thorough video!!!

  • @ChrisHillOnline
    @ChrisHillOnline Před 4 lety +6

    Great video PBD! Game theory is 👌👌👌👌 ... applies to just about everything in life...

  • @malibudolphin3109
    @malibudolphin3109 Před rokem +1

    Radney Foster
    Half of my mistakes
    Good song