How to Make Tough Decisions

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  • Опубліковано 9 лип 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.
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КОМЕНТАРІ • 374

  • @DamonLeeK
    @DamonLeeK 5 років тому +574

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

    • @DamonLeeK
      @DamonLeeK 5 років тому +5

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

    • @AS-3D
      @AS-3D 5 років тому +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 5 років тому +1

      The Financial Bro awesome! Have fun 😊

    • @chamber1083
      @chamber1083 5 років тому +1

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

    • @onthearth1
      @onthearth1 4 роки тому +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 5 років тому +147

    Taking emotions out of decisions is one key to success.

  • @osse1n
    @osse1n 5 років тому +45

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

  • @flacochapo4101
    @flacochapo4101 Рік тому +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

  • @tsn_7xi
    @tsn_7xi 3 роки тому +70

    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

  • @Brian-uw8lk
    @Brian-uw8lk 5 років тому +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  5 років тому +29

      Thanks

    • @Ngdaryl
      @Ngdaryl 5 років тому +5

      Thank you this!

    • @ChrisLena
      @ChrisLena 2 роки тому +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 2 роки тому

      lol ssszsz

    • @RohithS-ig4hl
      @RohithS-ig4hl Рік тому

      thanks man, you saved my time!

  • @hananunity9974
    @hananunity9974 Рік тому +2

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

  • @unicornspinach4071
    @unicornspinach4071 Рік тому +2

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

  • @bruh-jo9lw
    @bruh-jo9lw 5 років тому +240

    Patrick can you please do an Interview with Elon Musk

    • @AS-3D
      @AS-3D 5 років тому +1

      T&L Games omg please!!

    • @VALUETAINMENT
      @VALUETAINMENT  5 років тому +72

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

    • @NDiceSlice
      @NDiceSlice 5 років тому

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

    • @seand8534
      @seand8534 5 років тому +16

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

    • @user-uv4gj6fh9t
      @user-uv4gj6fh9t 4 роки тому +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

  • @calvinraab8798
    @calvinraab8798 5 років тому +12

    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.

  • @timcook4552
    @timcook4552 4 роки тому +29

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

  • @harrytries1475
    @harrytries1475 3 роки тому +2

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

  • @TNTN1977
    @TNTN1977 5 років тому +16

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

  • @surimaribo24
    @surimaribo24 5 років тому +13

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

  • @abelmore7
    @abelmore7 Рік тому +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.

  • @festuskithi227
    @festuskithi227 2 місяці тому +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.

  • @nelsonivangonzalez9997
    @nelsonivangonzalez9997 5 років тому +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.

  • @mattfavaloro350
    @mattfavaloro350 5 років тому +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 Рік тому +3

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

  • @felipeguimaraes1359
    @felipeguimaraes1359 5 років тому +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!

  • @molinajuanr
    @molinajuanr 5 років тому +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!

  • @somedude3349
    @somedude3349 5 років тому +19

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

  • @FrancisAbogonye
    @FrancisAbogonye 5 років тому +8

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

  • @leonoradompor8706
    @leonoradompor8706 5 років тому +6

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

  • @eyeservantez
    @eyeservantez 5 років тому +6

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

  • @luism.rodriguez3263
    @luism.rodriguez3263 Рік тому +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!

  • @opinionsofthemind1876
    @opinionsofthemind1876 4 роки тому +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!

  • @jeanalexandre1105
    @jeanalexandre1105 5 років тому +10

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

  • @saulonrepeat1055
    @saulonrepeat1055 2 роки тому +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.

  • @sealinemedia.
    @sealinemedia. Рік тому +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.

  • @RajBeats
    @RajBeats 4 роки тому +3

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

  • @patsystonejones9555
    @patsystonejones9555 2 роки тому

    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.

  • @chaitanyagali6345
    @chaitanyagali6345 Рік тому +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 ❤

  • @projectskii7557
    @projectskii7557 Рік тому +4

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

    • @vegeta8169
      @vegeta8169 Рік тому

      Are you still on the path?

  • @mtg6753
    @mtg6753 2 роки тому +2

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

  • @fatimohjinadu8769
    @fatimohjinadu8769 5 років тому +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.

  • @kingrey3677
    @kingrey3677 3 роки тому +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

  • @tradingstar9176
    @tradingstar9176 3 роки тому +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 5 років тому +5

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

  • @dimitri0587
    @dimitri0587 5 років тому +9

    I just love valuetainment

    • @shiylon
      @shiylon 3 роки тому

      Crazy weight loss brother good stuff g💪🏿💪🏿

  • @terrymcmiller3513
    @terrymcmiller3513 5 років тому +14

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

  • @Connetification
    @Connetification 5 років тому +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!!!

  • @diggleboy
    @diggleboy 3 роки тому +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.

  • @ayopacheco1
    @ayopacheco1 5 років тому +15

    Thanks. This is really helpful.

  • @kikianasahmad2328
    @kikianasahmad2328 5 років тому +4

    You explain things so simply to me.

  • @clarencediabe7340
    @clarencediabe7340 3 роки тому

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

  • @kimtukieusi4982
    @kimtukieusi4982 5 років тому

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

  • @jlee2179
    @jlee2179 2 роки тому

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

  • @ddskimmer
    @ddskimmer 5 років тому +2

    You are the BEST MY MAN!! LOVE IT!

  • @LuisGonzalez-yf9rn
    @LuisGonzalez-yf9rn 2 місяці тому +1

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

  • @watcha0011
    @watcha0011 5 років тому +8

    Wow, perfect timing 🙏🙏🙏

  • @PassiveIncomeTom
    @PassiveIncomeTom 5 років тому +4

    Great topic today! 👍

  • @rawanyacoub9147
    @rawanyacoub9147 Рік тому +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

  • @jazzmusiclover6473
    @jazzmusiclover6473 5 років тому

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

  • @FrancisAbogonye
    @FrancisAbogonye 5 років тому +3

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

  • @donjohnson7505
    @donjohnson7505 2 роки тому

    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.

  • @adnaneafifi1450
    @adnaneafifi1450 9 місяців тому +1

    I just loved the summary ! Thank you Sir =)

  • @andreivioreldantis7881
    @andreivioreldantis7881 2 роки тому

    Thank you for all the valuable info Pat!

  • @hari2utube2
    @hari2utube2 5 років тому +10

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

  • @minijamf
    @minijamf 3 роки тому

    Loved this! Thank you Pat!

  • @minesh3553
    @minesh3553 3 роки тому +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.

  • @addingtonmosesnsobila1302
    @addingtonmosesnsobila1302 Рік тому +2

    This is premium content, much respect Pat.

  • @azhaanebrahim4887
    @azhaanebrahim4887 2 роки тому +1

    Thank you valuetainment for your amazing content best channel on UA-cam 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.😁👍🏽🙌🏼💯

  • @MRIslambek
    @MRIslambek 4 роки тому +2

    Great content, thanks PBD

  • @divyamurugesan5557
    @divyamurugesan5557 5 років тому +5

    You never fail to Inspire us. :) The BG pic is Awesome Mr. Pat :) :)

  • @pabitrikalita3940
    @pabitrikalita3940 3 роки тому +2

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

  • @surajbhatt3059
    @surajbhatt3059 5 років тому +6

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

  • @cjwright79
    @cjwright79 4 роки тому

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

  • @aghiadf
    @aghiadf 5 років тому +3

    Pat
    This is very Great Video
    Thanks

  • @anadeealupu1458
    @anadeealupu1458 Рік тому +1

    Thank you!!

  • @jowurani
    @jowurani 5 років тому +5

    Another thing that came as an Ah moment from this video.
    Is once you’ve noted worst case scenario and you’re cool with it,
    quickly note the best case scenario.
    It will help to propel yourself in mind body and soul to that massive success.
    Someone wise once told me
    “stop thinking why it won’t happen start thinking ways it will happen”

  • @mqondisimagcaba5517
    @mqondisimagcaba5517 6 місяців тому +1

    WOW! I love this guy! So much insights

  • @shaunvenn6486
    @shaunvenn6486 2 роки тому +1

    Thank you Patrick thank you

  • @shimagaijin1
    @shimagaijin1 Рік тому

    Much needed! Thank you 🙏

  • @Clarapottinger
    @Clarapottinger Рік тому +1

    Have to sub when someone is that confident 🤣 also got some Goodfella vibes from hearing this.

  •  5 років тому +2

    Great thorough video!!!

  • @zk3212
    @zk3212 2 роки тому +1

    Thank you!

  • @ogsilverback971
    @ogsilverback971 3 роки тому +2

    Nice video Valuetainment.

  • @chowrightnow
    @chowrightnow Рік тому +1

    Really helpful vid, thanks Patrick!

  • @alexfayaz2411
    @alexfayaz2411 Рік тому +1

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

  • @glenn4887
    @glenn4887 3 роки тому

    Great information. Thank You Patrick!

  • @starfire9552
    @starfire9552 3 місяці тому +1

    Thank you, sir

  • @ChrisHillOnline
    @ChrisHillOnline 5 років тому +6

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

  • @precool
    @precool Рік тому +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.

  • @tekielicky12
    @tekielicky12 3 роки тому +3

    What works for me in terms of having an alternative is to write down the pros and cons of the decision. It's called the Benjamin Franklin method of making decisions. If the pros is greater than the cons then I will execute it. If the cons are greater then I will pass. Ofcourse it works the best by taking in everything what Patrick said. :)

  • @JamesDThomas1981
    @JamesDThomas1981 3 роки тому

    Perfect message Patrick!!!!

  • @danyaalcloete6590
    @danyaalcloete6590 5 років тому

    Thank you Pat!

  • @kolumkoeget9055
    @kolumkoeget9055 4 роки тому

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

  • @Aharon-zl5mt
    @Aharon-zl5mt Рік тому +1

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

  • @keatongroom
    @keatongroom Рік тому

    This is so valuable. Thanks for the advice

  • @anamello_manaus
    @anamello_manaus 5 років тому

    Thank You Patrick :)

  • @fredsimwaba4362
    @fredsimwaba4362 Рік тому +1

    Tough Times Don't Last But Tough People Do

  • @davedadaniels8388
    @davedadaniels8388 3 роки тому

    Very helpful! Thanks!

  • @taylorwalston1
    @taylorwalston1 5 років тому +8

    Coach Pat I appreciate the guidance

  • @Howtocreatewinningfocalsbeads
    @Howtocreatewinningfocalsbeads 3 роки тому

    I love this video man thank u

  • @alexyoung1418
    @alexyoung1418 5 років тому

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

  • @DPCLL
    @DPCLL 7 місяців тому +1

    Excellent work

  • @TheConqueror009
    @TheConqueror009 5 років тому +2

    Great video!

  • @joemoment-o1275
    @joemoment-o1275 5 років тому +1

    My tough decisions are changing my job to make more $ but then having enough saved up.
    I'll get there eventually.

  • @girishgaikwad7559
    @girishgaikwad7559 5 років тому

    Thanks again Sir