How do you make decisions? āļø
I was asked this question very early on in my property development investing journey.
And why were they asking?
š Because there is always more than one strategy which could work. COULD workā¦š§š§š§
š Making decisions in property often involves a lot of š° and often two years of engagement!
š We are always secretly searching for something, for me thatās P E A C E š
So how do I make decisions?
S L O W L Y š¢
And I ask myself these questions:
āDo I have all the information I need to make the decision. Not āall the info thatās availableā or āalready sent over.ā What do I need to feel satisfied Iām making an informed choice? š
āWhatās my GUT telling me a) about this deal, b) about the project leader and c) about TIMING. Not, āwhat are other people saying about it?ā #thinkforyourself
āFast forward to having made the decision. Am I feeling relieved I said Yes, or relieved I said No. How would I be feeling if I had already made it?
Again S L O W L Y.
Need to think this through? Check out my article on Investment Principles is Januaryās edition of Property Investor News Magazine
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