Archive for 2019

In 100 Words: Maximize Trade-offs

Thursday, January 31st, 2019 by Troy Schrock

A perfect option does not exist for many choices we make. Rather, the decision involves a trade-off between a set of upsides and downsides; advantages and disadvantages. We try to balance the trade-offs. Oddly enough, though, we sometimes become concerned when the expected downsides occur. Hoping for a better solution, we work to amend the negative trade-offs without realizing we may miss the full benefit of the positive trade-offs in the process.

Don’t waste energy on the downsides if you want to maximize decision trade-offs. Identify the trade-offs. Get comfortable with your decision path. Enjoy the upsides of the trade-off!

“There are no solutions; there are only trade-offs.” Thomas Sowell

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