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.

71436 comments

  • Comment Link togel online Tuesday, 14 January 2025 20:29 posted by togel online

    Hey I know this is off topic but I was wondering if you knew of any widgets I could add to my blog
    that automatically tweet my newest twitter updates.
    I've been looking for a plug-in like this for quite some time
    and was hoping maybe you would have some experience with something like this.
    Please let me know if you run into anything.
    I truly enjoy reading your blog and I look forward to your
    new updates.

  • Comment Link казино официальный вход Tuesday, 14 January 2025 20:05 posted by казино официальный вход

    Обратите внимание, участники!

    Желаете попасть в пространство интернет-казино и заработать реальные средства? Тогда вам тут! Топ самых отличных казино 2025

    Наш телеграм-канал — ваш путеводитель в мир отличных интернет-игр в РФ! Мы подготовили топ-10 надежных игровых сайтов, где вы сумеете развлекаться на деньги и вывести свои призы без проблем.

    Что вас поджидает:

    Достоверные мнения и ранги казино игровые автоматы играть бесплатно онлайн без регистрации от настоящих геймеров. Превосходная имя всякого ресурса проверена опытом и клиентами. Неоплачиваемая запись и скорый доступ на каждой ресурсах. Действующие зеркала для входа к вашему предпочитаемому игровому сайту в каждый момент. Мобильный программа для легкой развлечения там угодно.

    Почему мы?

    Проверенные и надежные игровые площадки с отличными критериями для проведения времени. Защита ваших сведений и операций гарантирована. Актуальные новости и события мира онлайн-казино в России.

  • Comment Link zzsiwo Tuesday, 14 January 2025 19:57 posted by zzsiwo

    lowest price mircette chloroquine delivery tablets saturday shipping advair diskus buy online cheap indian pharmacy aspirin best price asacol oklahoma order online atarax in arizona buy brand glucovance rx mesa no rx evista low price generic alli pills free prescription serevent order prescription cheap accutane waran coumadin mastercard fast delivery delivery cod propecia 5 mg cheapest naprosyn in uk want to buy serophene want to purchase eulexin zolpidem discount chloroquine generic mail order can i purchase atarax to buy alli online cheap abilify 10mg price abilify manufacturer can buy malegra f tenormin 50mg fast delivery mississippi can i purchase lexapro purchase malegra otc buy zetia echeck no prescription prescription trileptal purchases no buy lexapro usa pharmacy cheap finpecia no doctors indiana cost lexapro escitalopram store asacol masacol sale fast delivery buy tamoxifen citrate in canada adhd arkamin clonidine buy mg buy cod flonase fluticasonum online pharmacy prazosin india want to order serophene where to order next luvox how to buy dramamine order generic mircette discount ponstel metabolism generic 300 mg

  • Comment Link Foster Tuesday, 14 January 2025 19:38 posted by Foster

    If some one desires to be updated with hottest
    technologies therefore he must be visit this web site
    and be up to date daily.

  • Comment Link 横浜駅 江戸前寿司 Tuesday, 14 January 2025 19:04 posted by 横浜駅 江戸前寿司

    Tubis, Decision-Making in the Soviet Economic Bureaucracy (1973), p.

  • Comment Link BOKEP INDONESIA Tuesday, 14 January 2025 19:02 posted by BOKEP INDONESIA

    When some one searches for his required thing, so he/she wishes to be
    available that in detail, therefore that thing is maintained over here.

  • Comment Link situs pkv games Tuesday, 14 January 2025 18:55 posted by situs pkv games

    hey there and thank you for your info – I have certainly
    picked up anything new from right here. I did however expertise
    a few technical points using this site, as I experienced to reload the site a lot of times previous
    to I could get it to load properly. I had been wondering if your web hosting is OK?

    Not that I am complaining, but sluggish loading instances times
    will very frequently affect your placement in google and
    could damage your high quality score if advertising and marketing with Adwords.
    Well I'm adding this RSS to my email and can look out for a lot more of your
    respective interesting content. Make sure you update this again soon.

  • Comment Link 双日の今後株価はいくらになりますか Tuesday, 14 January 2025 18:36 posted by 双日の今後株価はいくらになりますか

    One of the easiest ways to analyse the reliability of a portfolio management company is going through its past performance.

  • Comment Link xuongkinhcuongluc Tuesday, 14 January 2025 17:43 posted by xuongkinhcuongluc

    Howdy! This article could not be written much better!
    Going through this post reminds me of my previous roommate!

    He continually kept preaching about this. I am going to
    send this information to him. Pretty sure he's going to have a good read.
    Many thanks for sharing!

  • Comment Link jybvjee Tuesday, 14 January 2025 17:43 posted by jybvjee

    low cost zetia-zocor ezetimiba-simvastatina colorado how to order astelin generic zetia no rx online buying eurax antibiotics online drugs cheapest ventolin cod accepted purchase cheap zofran online next day mircette without a prescription order arcoxia cash delivery cod buy cod roxithromycin minnesota buy online midamor american express buy cabgolin online prescription no prescription tadalis generic drug cheap sildalis ohio atrovent for sale canada cheapest provera fedex paypal tablets how to buy paroxetine order torsemide alaska generic zestoretic legally shop visa purchase serophene milophene tablets minnesota temovate online cash on delivery price robaxin shop fast medicine buy imuran cheap canadian pharmacy buying desogen netherlands cheap trental buy from canadian onl how to buy digoxin oxytrol sr price bactroban con descuento pharmacy buy cabgolin no rx needed where to buy topamax oral cheap online provigil generic digoxin generic discount buy rx free endep how to order phentermine purchase betnovate-c discounts overnight find feldene onlinebuy feldene overnight cod buy generic quibron-t buy cod propranolol pills fast cheap torsemide priority mail overnight cheapest inderal 60mg free shipping cheap legal tegretol for

Leave a comment

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