Boost Your Business Efficiency: Mastering Decision Fatigue

CRAFTED Millionaire

Cayla Craft

Entrepreneurship, Education, Health & Fitness, Self-improvement, Business, Mental Health

4.8 • 1.3K Ratings

🗓️ 15 July 2024

⏱️ 14 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

In this podcast episode, Cayla Craft addresses the prevalent issue of decision fatigue among entrepreneurs, explaining that the average adult makes around 35,000 decisions daily, and entrepreneurs likely make even more. Decision fatigue impairs the ability to make decisions and can lead to impulsive or irrational choices. Cayla shares strategies to avoid this fatigue, such as establishing a decision-making outline and prioritizing tasks based on company values and long-term mission. She illustrates this with a personal example of how she supports her husband by streamlining his daily tasks, allowing him to focus on high-level business decisions. Cayla emphasizes the importance of having clear company values to guide decisions and advises entrepreneurs to eliminate minor daily decisions that consume mental energy. Lastly, she encourages listeners to focus on decisions that truly move the needle in their business.

Six Key Moments with Timestamps:

Introduction to Decision Fatigue - Cayla introduces the concept of decision fatigue and its impact on entrepreneurs, explaining the high number of daily decisions and the resulting fatigue (00:00:35).
Explanation of Decision Fatigue - Detailed explanation of decision fatigue, its effects, and how it leads to impaired decision-making and impulsive choices (00:01:26).
Personal Example of Streamlining Tasks - Cayla shares how she supports her husband by managing his daily tasks, allowing him to focus on important business decisions (00:03:56).
Strategies to Avoid Decision Fatigue - Introduction of strategies to avoid decision fatigue, including creating an outline for decision-making and prioritizing tasks (00:02:49).
Importance of Company Values - Cayla stresses the importance of having clear company values to guide decisions and make quick, effective choices (00:05:55).
Impact on Business Results - Discussion on how focusing on important decisions and eliminating minor daily decisions can lead to better business outcomes (00:05:28).

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Transcript

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0:00.0	We don't think about these things and we sometimes don't think that we are worthy of having support in that way
0:06.0	But if we could just focus on the things that actually matter in our business, we're gonna to start making really high-level decisions and
0:14.8	start getting the results that we want. Welcome back to Crafted Entrepreneur. I decided to record this episode on how to avoid decision fatigue because Because as entrepreneurs, we struggle with this
0:46.8	on the real real.
0:48.9	It's like at the end of the day, as a mom of three,
0:52.4	I'm like, what am going to make the kids for
0:54.1	dinner I all of my decision energy has already been used on everything else
0:59.0	and I end up door dashing something.
1:03.0	I always do something healthy though, okay?
1:05.4	But it's because I'm like, I can't make any more decisions.
1:08.2	It said that the average adult makes 35,000 decisions a day.
1:14.6	So I'm just going to make up a number here
1:17.0	for entrepreneurs based on that.
1:19.1	Let's say as entrepreneurs, we make about 40,000 decisions a day.
1:24.0	I don't know. But let me explain to you what decision fatigue is.
1:28.0	Decision fatigue describes the impaired ability to make decisions and control behavior
1:36.7	as a consequence of repeated acts of decision making.
1:40.9	So there's evidence that shows people experiencing decision fatigue.
1:46.0	They have an impaired ability to make compromises and they really like to have a passive role in the decision-making process.
1:55.6	So you know those people where you're like, can you just make a decision?
1:58.4	You're a powerful person.
2:00.0	Why can't you just tell me what you want?
	...

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