“You Need to Stop Stupid Bad Decisions Now” – Negotiation Insight

“Bad decisions can lead to bad outcomes. Stupid decisions can make bad outcomes worse.” -Greg Williams, The Master Negotiator & Body Language Expert (Click to Tweet)

 

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“You Need to Stop Stupid Bad Decisions Now”

He had a crucial meeting at 9 a.m. the following day. It was with his company’s largest client. Many months had gone into the preparation of what would be the biggest deal the company had ever had. And everyone was counting on him to land that big deal.

So why do you think he allowed his so-called friends to talk him into going out the night before the big meeting? He knew what was at stake the next morning. They asked him to have just one drink. One drink turned into two, and two turned into nine. Finally, being inebriated, he said to his friends, I must go. I must be ready for that big meeting tomorrow. By the time he got home and went to sleep, it was 2:47 a.m. When he awoke, it was 11:09 a.m. He missed the meeting. He also lost what had up until then been a good career – because he got fired!

Has anything like that ever happened to you? Your so-called friends, instead of supporting you, distracted you from a goal. Maybe it wasn’t to the degree of what occurred in the story. In that case, the decision to go out the night before the big meeting wasn’t just a wrong decision – it was stupid! More than likely, you’ve made stupid decisions too. So why do you allow that to happen? There are several reasons. The following are some of them and how to protect yourself from falling prey.

 

Friends Versus Associates:

Be careful with whom you surround yourself. And don’t associate with people that work against your goals. Understand the value of real friends. They help protect you from harm. And they support your ambitions.

Associates, on the other hand, are people that may be close to you – but they’re usually individuals that care more about their self-interest than yours. They may not share your goals or outlook that you possess.

Here’s the catch, friends can lead you into bad decisions. If they do so once, you may consider forgiving them. If they do so frequently, move them out of the friend category. And ultimately you might consider moving them out of your life.

Whatever label you assign to those that are friends versus associates, be mindful of who you let into the friend category. Those individuals will have a more significant impact on your life.

 

Strong And Discipline:

There is a strength of mind and a mind that’s disciplined. You more than likely possess either depending on what you’re contemplating. But when confronted with decisions of significance, you need to combine those two forces.

When you know you have a lot riding on the outcome of a decision, consider the consequences of not being able to perform at your best. If that doesn’t prove to be substantial enough leverage, think what you might lose. Most people have a greater fear of loss than they do for the power of additional gain.

To ascend to higher heights, you must possess an attitude that states, no one will stop you. Then, commit to yourself to stop making stupid decisions. Once fortified by that belief, you’ll become empowered. That’s when you’ll possess the ability to achieve more consistently. That’ll also be the time when you stop making stupid bad decisions … and everything will be right with the world.

 

What does this have to do with negotiations?

 

Everyone makes bad decisions sometimes. It may be due to erroneous information, fear of not wanting to confront a situation boldly, or misperceiving the severity of it. Regardless of the reason, when you know you can avoid turning a bad mistake into a stupid one, don’t turn it into one.

In a negotiation, the more time you spend in it, the higher the chance to make bad decisions. Most negotiators want to see a bargaining session to its conclusion. That leaves them vulnerable to turning a wrong decision into a stupid one.

First, be alert to how you’re making decisions when you negotiate. If you feel pressure leading the choices you make, view that as a warning signal. It’ll be the alarm that alerts you to the possible doorway opening that leads to worse decisions.

 

 

Remember, you’re always negotiating!

 

Listen to Greg’s podcast at https://anchor.fm/themasternegotiator

 

After reading this article, what are you thinking? I’d like to know. Reach me at Greg@TheMasterNegotiator.com

 

To receive Greg’s free “Negotiation Tip of the Week” and the “Sunday Negotiation Insight” click here http://www.themasternegotiator.com/greg-williams/

 

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