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Community,
Commentary and Curriculum for Massage Therapists
Make Better Decisions in Business, and in Life
Perhaps. like me, you view the dawn of the New Year
as a time of reflection - on decisions and outcomes of the past, and
planning and hope for the future. Perhaps you face problems in your
business life that require a decision. Shall I take a new opportunity or
stay where I am? Shall I work alone or grow my business? Shall I provide
more care, or find other ways to supplement my income?
In the final analysis, how does
a person make a better decision
on these important matters? 
As I reflected between Christmas and New Year’s Eve
I recognized how, over this last year, I’ve struggled with problems that
have, and do, affect my business and personal life immensely. On a number
of these problems, I have failed to make a decision. I have been so
immobilized by fear and the idea of risk of loss that I’ve deferred and
deferred again. Thus, I am forced to live with “what is” because I fear
making a decision to experience “what if”.
For example, I made a decision several years ago to
operate from a 45 minute format. I observed the economy and changes in
the auto and housing industries and feared extended health plan benefits
for massage therapy would be rescinded, or at the very least reduced. I
reasoned that a lower cost treatment would be more palatable, and at the
same time the reduced appointment would allow me to see more patients.
However, I was subsequently suffering from symptoms
in my arms and was afraid to add more appointments to the schedule.
(Thankfully, my symptoms are much better because I sought out the very
care I have been providing all these years!) As such,
this one poor
decision - because it was based more on fear than on strategy - cost
me thousands of dollars in potential income over two years time!
So now I am faced with a decision. I need to
radically alter my fees and increase them by more than 20%, or I need to
impose a different model of care. The latter choice would require a lot of promotion
and education to
help my existing patients to see the benefits of this new model. I
sense deep resistance in my belly with either option, and so I have
failed to make a decision. Here is some of the mind-talk that
goes through
my head:
-
Chiropractors and physiotherapists are charging $120 –
150/hour. I get great results…why shouldn’t I bill as much as they do?
-
If I raise my fees that much, I’ll lose a lot of business!
-
I can’t continue as I am – it’s not financially
sustainable
-
Maybe
I’ll just raise my fees a little bit, and I’ll treat more
patients
-
Maybe I should look for a safe, secure job
in the medically-funded health care stream that will pay
me enough money to live on.
Perhaps you’ve had a similar conversation with your
Self. Fear seems to be that junction between an action we wish to
take (and get desired results) and the apprehension of losing something
(and getting negative results). As a consequence, fear can be
immobilizing.
I decided that since something is not working I
will seek out a workable model that I can use in the process. I wanted
to find out, is there a theorem to making good decisions? I have found
that there are tremendous resources “out there” to help us look at our
decision-making process.
I located on Wikipedia, the following
definition of decision making:
Decision making
is the
cognitive process leading to the selection of a course of action
among
alternatives. Every decision making process produces a final
choice. It can be an action or an opinion. It begins when we need to
do something but we do not know what. Therefore, decision making is a
reasoning process which can be rational or irrational, and can be based
on explicit
assumptions or
tacit assumptions.
I highly recommend visiting Wikipedia to explore Cognitive and Personal Biases in Decision
Making, Decision Making in Groups, Decision Making in Business and
Decision Making in One’s Personal Life.
Here is an example, here is a helpful reference
for making decisions in health care:
Decision making in healthcare
In the
health care field, the steps of making a decision may be remembered
with the mnemonic BRAND, which includes
-
Benefits of the action
-
Risks in the action
-
Alternatives to the prospective action
-
Nothing: that is, doing nothing at all
-
Decision
Another reference I found is a book by Spencer
Johnson, MD entitled Yes or No: The Guide to Better Decisions.
Spencer Johnson wrote The One Minute Manager (with Ken Blanchard)
and Who Moved My Cheese? - both very popular business titles.
In Yes or No, Dr. Johnson outlines the story
of a young hiker who is looking to make better decisions in life. Along
the way, the hiker learns a number of key lessons. First, the hiker
makes a decision based on a problem he is having. He then asks himself
a “head” question and a “heart” question. The head question, “Does my decision a) meet the
real need? b) Examine my options and c) show that I’ve thought it
through?”
Then he asks the heart question, “Does my decision
show that a) I am being honest with myself b) I’m listening to my
intuition and c) I believe I deserve better?”
The hiker learns from the other experienced hikers
why it’s important to ask these questions, and how asking these
questions can lead to a better decision. It’s a little book, an easy
read, and I highly recommend it. Find the book at
amazon.ca
So back to my discussion. Are you immobilized in
making a decision for fear of rejection, reprisal, or negative
reaction? You may do well to examine how you make your decisions,
or perhaps, as in my case, why you are not making decisions!
Spencer Johnson says “Our decisions reflect our beliefs.” Decide this
year to examine the beliefs that keep you from succeeding in your business and
personal life. The decision to do this will lead to making better decisions.
If you do not
conquer self, you will be conquered by self. — Napoleon
Hill
More than
anything else, I believe it's our decisions, not the conditions of our
lives, that
determine our destiny. -
Anthony Robins
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