Tuesday, 27 May 2014 09:29

How to Make Profitable Choices Featured

Written by
Rate this item
(0 votes)

You’re faced with hundreds of choices every day, thousands even. But how can you know if you’re making the right ones? We do fall into traps many times when we are faced with real circumstances and we have to make a decision or a choice. It is always not a straight forward

procedure yet some are masters in making decisions that are profitable in the long run. There are some decisions that give instant profitable result in the short term but backfire in the long run. One must be very clear and certain when making decisions.

Truth is, most often our decisions are disrupted by an array of biases and irrationalities. Sometimes we’re overconfident. We seek out information that supports us and downplay information that doesn’t. We get distracted by short-term emotions. When it comes to making choices, it seems, our brains are flawed instruments. The right decision, at the right moment, can make all the difference. What you decide will determine the kind of person you become later. Taking decisions at crucial stages can even affect your future.

There numerous numbers of times we are not sure we are making the right choice but we make them base on the circumstance in front of us. Sometimes things could change so quickly that our choices no longer apply and in this case people might look at it as a bad choice but for you it could be seen as a precaution and not a bad choice.

In January 2014 when Arsenal confirmed the signing of Kim Kallstrom from Spartak Moscow on a loan deal, it was not met with much enthusiasm. But that indifference was turned into what-on-earth-was-Wenger-thinking when it became clear Kallstrom would miss a significant amount of playing time with a back injury.  With Wenger only deciding to sign a midfielder owing to the injuries suffered to the likes of Aaron Ramsey and Jack Wilshere, it made absolutely no sense, at least on the face of it, to make a move for a player who will not be available for the entire month of February and possibly beyond that.

Wenger admitted he had known about the injury to Kallstrom before making the signing, but insisted he was left with little choice owing to time constraints, having clinched the Sweden international’s signature on deadline day of the January transfer window.

“[Being fit at the end of February] is the best-case scenario,” Wenger said. “I’m sure if you have played football you might have played with a micro-fracture of your vertebra without even noticing it because on a normal scan you don’t find out. He might play before that [the end of February] but he might play as well later. I would not have signed him if we had two or three more days to do something, but it was Friday night at five o’clock, so it was [a case of] you [sign] nobody or you do it under these conditions.

The Arsenal manager defended his decision to acquire an already injured player due to the fact that Ramsey, Arsenal’s best player that season, suffered a setback, which is likely to keep him out of action for a further six weeks. “It crossed my mind after the [setback] of Ramsey, because everybody says he is back in six weeks but because he had two setbacks who can guarantee that it will not last longer? And after Tuesday night of course, because Wilshere couldn’t play [at Southampton]... it was not a 200 percent need, we could have gone without, but first of all you must identify a player who has the quality to play for us, in January,” he said.

“Then, because we have the number of players needed in that area, not to be locked in a deal of three or four years, where you pay the players to do nothing. So to find a player on a free loan, of that quality, on Wednesday morning until Friday night, is not easy.”

But surely, Wenger would have considered pulling out of the deal for Kallstrom, knowing the risks that the signing came with. “Of course it crossed my mind,” Wenger said. “I decided to do it because we might, because of the number of games we have now in February, need the players in March or April. There is a possibility [that he may not play] but as well there is the possibility that he scores us the winning goal that might be vitally important.

“At some stage in our job you have to make a decision. Are you wrong or right? You will only know at the end of the season. I made this decision because, since the start of the season, all our central midfielders have missed a part of the season -- whether it’s [Mathieu] Flamini, Wilshere, [Mikel] Arteta, [Alex Oxlade] Chamberlain or [Santi] Cazorla. All of them have had injuries and it can happen that a few of them miss the next part [of the season] together. It’s true that in the first four to six weeks we have not sorted that problem out.”

Here you can see that making these choices sometimes will not bring you instant solution but you need to weigh the options. On the pyramid of choice there are several choices to choose from and the reasons behind your choices are best known to you. I have that concept that at the time of making a choice you are not hundred percent sure it is the best choice but you know it is among the best of options you have so you make the choice base on other information and circumstances surrounding the decision. So how do you make a choice that will benefit you? We are going to use the pattern of the choice made by Arsène Wenger as our model.

Stay Clam and Peaceful
Staying calm gives you the power to be in control. Realize that being calm is an internal issue, not an external factor. It can be tempting to blame your external life for your lack of inner calm. Be kind to yourself. Being calm begins with being self-loving (which does not mean being self-absorbed).

Get as much information as possible
You don’t need to be hasty in your conclusion. The only way to see the picture clearly is to obtain as much information as possible. Sometimes the information you obtain has the solution in it. Facts wise, find out everything you can about the problem you’re facing and the options you have for dealing with it. This will help you make the most informed decision.

Know Your Options
Knowledge is power. You need to investigate and understand the various options available to you. This is very important because it gives you more solution that can be applied.

List all your options
List all of your options. At first sight, it may appear that there is only one course of action, but that is usually not true. Even if your situation seems limited, try to make a list of alternatives. Don’t try to evaluate them until you’ve got a full list. Be thorough.  

Think in depth about each option
You need to think in depth about each option. You need to analyse them and see try to think what there different outcome will be. You know what is best for you in this situation and this will be easy to choose because you have deep knowledge of your options.

Weigh all the risk versus the gains
For every option, list every possible outcome and label it as positive or negative. You are not in a hurry. You want the very best so you must ensure you get the best.

Observe your feelings and emotions
You’ll be comfortable with some options and uncomfortable with others. Allowing your emotions to be in control is dangerous. Being able to control your emotions depends in part on how much you feed a particular emotion; on how much you focus on what you are afraid of, enraged by, or depressed about. You must be totally focused in dealing with the situation not allowing your emotion to be the driver.

Relate your choices to your priorities
Each question you asked yourself here is very important so you need to create a list of priorities in relation to these questions. Write down the list, and then put your options against it. If you have well-established priorities, this will be easy. If you don’t, take extra time with this step.

Make a Choice
The reason you started this exercise is to make a choice so now you have more than enough solution in front of you that will enable you to make the choice. Go for it. Don’t fold your hands. This is the time and the hour you have been waiting for. Don’t waste it.

Designate your choices
Most of the times your choice will sneak up on you before you even realize you’ve made a decision. Things should begin to fall together for you at this point. You should feel good about yourself and what you want. This strengthens your confidence in yourself, and strengthens your identity.

Register your Choice
At this point you’re putting it all together in preparation for action. Do not backtrack. Keep moving forward towards your final decision. Be very open here. I have been in a situation before while trying to make a decision the events that happened next enables me to make the decision as it puts the solution right in my hands. If I was negative I wouldn’t have been able to identify the solution.

Now Commit to your Choice
It will make no sense to spend all the time you did and energy in making a choice that you won’t commit to. Choice becomes a decision when implementation takes place. Focus your time, energy, self, and purpose on the decision.

Kim Kallstrom scored a crucial penalty against Wigan Atlantic in the semi-final of the FA cup which puts Arsenal in the final and was able to win silverware after nine years without one. So the decision is productive in the long run.

75860 comments

  • Comment Link potoloknatjazhnoj Sunday, 29 October 2023 01:14 posted by potoloknatjazhnoj

    potolok-natjazhnoj.kiev.ua

    Потолки натяжные это отличное соответствие практичности (а) также дизайна. Город представляют собой обратный фальшпотолок, который соединив электроподвесный потолок и плиточный потолок выкидывает вящей красоты равным образом выразительности ко вашему интерьеру.
    potolok-natjazhnoj.kiev.ua

  • Comment Link potoloknatjazhnoj Sunday, 29 October 2023 01:14 posted by potoloknatjazhnoj

    potolok-natjazhnoj.kiev.ua

    Потолки натяжные это отличное соответствие практичности и дизайна. Город представляют собою обратный потолок, яже соединив электроподвесный потолок и плитный потолок влепляет вящей ненаглядная красота (а) также выразительности ко вашему интерьеру.
    potolok-natjazhnoj.kiev.ua

  • Comment Link potoloknatjazhnoj Sunday, 29 October 2023 01:14 posted by potoloknatjazhnoj

    potolok-natjazhnoj.kiev.ua

    Потолки натяжные это отличное соответствие практичности равно дизайна. Они представляют собой обратный фальшпотолок, который соединив электроподвесный потолок (а) также плиточный потолок дает вящей красавицы равно выразительности к вашему интерьеру.
    potolok-natjazhnoj.kiev.ua

  • Comment Link potoloknatjazhnoj Sunday, 29 October 2023 01:14 posted by potoloknatjazhnoj

    potolok-natjazhnoj.kiev.ua

    Потолки натяжные этто отличное соотношение практичности равным образом дизайна. Они выступают собою тыльный потолок, яже соединив подвесной фальшпотолок (а) также плиточный фальшпотолок влепляет большей красоты равным образом выразительности к вашему интерьеру.
    potolok-natjazhnoj.kiev.ua

  • Comment Link potoloknatjazhnoj Sunday, 29 October 2023 01:14 posted by potoloknatjazhnoj

    potolok-natjazhnoj.kiev.ua

    Потолки натяжные этто отличное соотношение практичности равным образом дизайна. Они презентуют собой тыльный фальшпотолок, яже соединив электроподвесный фальшпотолок а также плиточный фальшпотолок влепляет большей ненаглядная красота и выразительности буква вашему интерьеру.
    potolok-natjazhnoj.kiev.ua

  • Comment Link Https://bbs.now.qq.com/ Sunday, 29 October 2023 01:05 posted by Https://bbs.now.qq.com/

    First most yοu wiⅼl haѵe to do a lіttⅼe work.
    Many people will teⅼl you that winning the lottery is totally random аnd that you ⅽannot pіck what the winning numbers will be and to make sure just plain dumb good lսck.
    Without getting too compⅼicated, all you have to do is in а few
    how november 23 the lottery products to see the system and see what resᥙlts it has.
    It is that simple. What you need to do is choose the system or prodսct that is
    a tested winner. In case your produсt has proven itself then there must be something that are of value in understanding that are going to
    be provіded.

    The problem with most who win the Lottery could be mindset about money hasn't changed.

    You give someone who has been Ьroke all of their own lives regarding dollars, it's just Ԁependent on time
    before tһey fail financially again. To look
    at . have proven that.

    Yes, something that. It is ⲣeople who are lɑzy or maybe incapаble of working
    tһe Powerball lоttery numbers who just walk in a retailеr's shop, drop tһeir money and go hߋping that hеaven will open and shower grace and bⅼessing
    on their head. It doesn't work liқe that many. If you
    аre gooԁ in prayers, remember lot several persons who end սp being intаct with God searching to be blessed ᴡith that
    same mоney too. If you are to ƅe God how would you react?



    This game iѕ played in almost all partѕ of Questionnaire.

    In the western a part of the country, it are going to be
    ᧐perated together with Lotterywest, everybody is making Golden Сasket is chargeable
    for the games in Qld. In the kingdom of Wales, Ƅrand new
    South Wales Lotteries manages thе games, and in the south of your country,
    that the South Аuѕtralia Lotteries Commission tһat handles
    it. All of thesе make it possiƄⅼe for an individual play the
    Powerball in Australia.

    The draws are everу Wednesday and Saturday , and they are shown on over 100 local Tv producers for each state.
    Tinier businesses are alsо published on newspapers and avɑilable
    more than a website. To make real of reⅽreation is simple:
    tо match the winning combination at a time numbers pⅼotted on your ticҝet.
    Additional matches, the greater. It just has to matcһ and
    there is no need t᧐ obtain the exact order among the winning numerical charaϲters.
    It's that easy to do. If the playeг matches the one
    red ball number that night, theу get a prize сould be utilized for a re-play.
    The prizes can go up to millions. Tһe 2nd prize is bоund at $200,
    000. The jackpot will go with the sales and past jacҝpot
    prizes not successful.

    Handiсapping means studying there ɑгe in an attеmpt to project the likely.

    In Lotto number handicаpping, you analyze the pɑst аctiоn wіth
    the ⅽommon winning lottery quantitiеs.
    This heⅼps you determine which numbers һave mⲟst signifiсant probability to be drawn. Wіnning lottery numƄers are randomly drawn, of coursе,
    but randomⅼy drawn numberѕ form patterns that you ϲan predict, to some degree.
    Learning these patterns is the secret to winning the sweepstakes.


    Ӏt's ѕatisfied players and those that became hot for
    the excitement has even brought informed people to join the ցameplay.
    The simplicity of the Pick 3 ⅼotto earns virtually anyone
    a big winner. Maҝіng sure picking out three of the favorite numbers, the chances of winning arе already at pole.

    Winning three digit combinations of the Pick 3 lottо is announced regularly
    on television. I believe quite a lot individuals have been jumping for joy
    in the the day as their bets buy from you.

    Powerball involving 59 white balls, right now there is no law that forbids an individual play alⅼ hіghs a lot of lowѕ.
    But think of this: onlу 4% most the Рoweгbalⅼ draws includes
    entirely high and entіreⅼy low winning numbers. Plans ready like
    to bet those numbers which sentimental or meaningfuⅼ to them, including
    the date that Βaby John first said 'Papa' or ᴡhen Tina and Brad decided to get married, or merely simply the datе that she was born. There is nothing
    wrong with some time ⲟf that, but keep in mind that the
    dates from a calendar only makes up 31, and the Pοwerball is well high over making use of 59.

  • Comment Link natjazhnojpotolok Sunday, 29 October 2023 00:08 posted by natjazhnojpotolok

    natjazhnoj-potolok.kiev.ua

    Относиться ко крайнему дизайну у себя нужно не без; специальным чуткостью, поэтому решение по покрытию потолков чаятельно быть правильным. Натяжные потолки на Киеве являются хорошим видом, так как город дают обеспечение огромной практичности а также дизайна числом соотнесению вместе с не этот наружностями отделки.
    natjazhnoj-potolok.kiev.ua

  • Comment Link natjazhnojpotolok Sunday, 29 October 2023 00:07 posted by natjazhnojpotolok

    natjazhnoj-potolok.kiev.ua

    Обращаться буква крайнему дизайну дома что поделаешь с специальным вниманием, поэтому эпикризис числом покрытию потолков чаятельно быть правильным. Натяжные потолки на Киеве являются отличным вариантом, так как город дают обеспечение большей практичности (а) также дизайна числом сопоставленью не без; другими видами отделки.
    natjazhnoj-potolok.kiev.ua

  • Comment Link natjazhnojpotolok Sunday, 29 October 2023 00:07 posted by natjazhnojpotolok

    natjazhnoj-potolok.kiev.ua

    Касаться для крайнему дизайну дома что поделаешь небольшой специальным заинтересованностью, то-то решение по покрытию потолков чаятельно быть правильным. Натяжные потолки в течение Киеве являются отличным видом, так как город обеспечивают огромной практичности (а) также дизайна по сопоставлению вместе с другими видами отделки.
    natjazhnoj-potolok.kiev.ua

  • Comment Link natjazhnojpotolok Sunday, 29 October 2023 00:07 posted by natjazhnojpotolok

    natjazhnoj-potolok.kiev.ua

    Относиться для последнему дизайну у себя нужно не без; особым вниманием, то-то решение числом покрытию потолков чаятельно замечаться правильным. Натяжные потолки в течение Киеве являются отличным видом, так как город дают обеспечение большей практичности (а) также дизайна по сравнению не без; противоположными типами отделки.
    natjazhnoj-potolok.kiev.ua

Leave a comment

Make sure you enter all the required information, indicated by an asterisk (*). HTML code is not allowed.