“People who fail to accumulate money without exception have the habit of reaching decisions, if at all, very slowly, and changing these decisions quickly and often.”
-Napoleon Hill

In “Think and Grow Rich,” Mr. Hill goes on to say that people who fail to accumulate money often base their decisions on popular culture and what others think rather than thinking for themselves. In order to turn your desire into money – you must possess desire.  If you’re basing your decisions on the desires of others then wealth will most certainly not be the result.

However, with a few key characteristics, you can make decisions that will support your desire and lead you on the path to wealth.

5 Characteristics of Profitable Decision Making

1. Faith
2. Courage
3. Clarity
4. Good counsel
5. Planning and Action

Faith

Faith is one of those words which inspire an emotional response. Some may roll their eyes – tired of hearing about faith and spirituality as it has become one of the most prevalent topics in mainstream media.  Others may gulp back emotion because they feel a connection to something bigger, something larger than themselves and the word ‘faith’ grips them at their core.  Finally, some folks may feel a bit of fear as it relates to faith because we tend to judge ourselves and we have doubt.  Do we have enough faith?  Do we believe in the ‘right’ things? 

Faith doesn’t have to be in something larger than you.  If it is, great, but if not if you’re unsure what you believe in and how much then it is enough to have faith in yourself and your abilities.

You are enough.  Your skills, knowledge, and abilities are enough for you to attain all that you desire.  If nothing else, have faith in that. Your decisions, when based in faith in yourself, as opposed to doubting yourself, will be significantly more appropriate, productive, and more effective decisions.  Decisions that will lead to lasting wealth.

Courage

“Whenever you see a successful business, someone once made a courageous decision”
-Peter Drucker

Courage is about having the decision to make decisions you think are right despite what others may say, think or do.  In our history there have been many famous people who have made courageous decisions that have gone against the grain.  Think about Rosa Parks who decided not to give up her seat on the bus. That took amazing courage and conviction. 

However, beyond civil rights issues every single business person from Lisa Blakely who wouldn’t take no for an answer and just knew her hemmed pantyhose, now known as Spanx, would be a hit to Jack Canfield and Mark Victor Hansen who were both motivational speakers and decided to ask others for their stories because they knew deep down that people wanted and needed to hear them and now have a Chicken Soup for the Soul empire.

Regardless of your niche, industry, or desire conviction and courage are essential for making effective decisions. 

Courage is linked very tightly with faith because in order to have courage you must also have faith.  However, you can have faith and still hesitate to make the decisions you need to make, to take the steps and the risks you need to take, to achieve your goals. 

Clarity

It’s easy to let others affect or influence our decisions.  We hear

- You Can’t
- You Shouldn’t,
- You’re Crazy,
- Are You Sure
- I’m Not Sure That’s A Great Idea

around every corner.  Everyone has their opinion and while it may be worth your time to hear their opinion, you certainly don’t have to listen to it nor let it influence your decision.  Clarity is defined as freedom from obscurity or easy to understand. 

So how do you find clarity?  How do you clear out external influences and make decisions based on what you know to be true? 

Meditation is a great way to set aside external influences and focus on making the right decisions for you.  Allow yourself to get quiet and listen.  And when in doubt, seek the advice of those who support and respect you.

Good Counsel

While it’s important to set aside external influences, one of the key ingredients to attaining great wealth is to have good counsel. Napoleon Hill talks at length about the power of mastermind groups.  These are groups of people who get together to support each other, to challenge each other, and to become a source of infinite intelligence.  Name one person you admire and chances are they’ll name ten people who helped them get where they are. 

Mr. Hill defines a mastermind group as coordination of knowledge and effort in a spirit of harmony between two or more people for the attainment of a definite purpose. 

This means your counsel can be likeminded business people, family members, friends and associates.  All that is required is that they gather in an effort to support you and to help you attain your goals. 

If you’re unable to find clarity though quiet contemplation, you can embrace your counsel and ask them for their knowledge and experience.  However, remember that at the heart of all decisions still lies with you.  Your decisions have to be true to you to be effective and productive.

Planning and Action

“Presence is more than just being there.”
-Malcolm S. Forbes

A decision is completely ineffective if it’s left to collect dust.  In order for a decision to have any effect on your future you must plan and take action.  Once you’ve made a decision, don’t set it aside.  Doing so will only negate the power of the decision.  Instead, take action.  Begin immediately to plan how to implement your decision and how to take action. 

You have the knowledge and you have the skills and imagination to reach your goals.  You’ve done the research and have gathered specialized knowledge.  You know you have the desire to make it happen and you certainly know where to find the faith and the courage.  You have all the tools you need to make profitable and effective wealth attaining decisions. 

Your next step is to go out and make them happen! 

Grow your decisions into tangible action steps and attaining your desires is within reach.

To Your Success,
Jeremy Gislason
SFW INC Help Desk:
http://www.MMEhelp.com

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This entry was posted on Tuesday, March 31st, 2009 at 8:33 am and is filed under Wealth Creation Ideas. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.