How Billionaires Decide – Sharran Srivatsaa

Have you ever wondered what people with massive fortunes have in common? Aside from their wealth, these people share something else: Their ability to make the right decisions.

Every day, we face situations where we must choose between one option vs. the other. And each decision, whether big or small, has an impact. With every decision comes a tradeoff or consequence. Thus, every decision matters. So, how do you make good decisions? How do billionaires decide?

Today’s episode is a personal one because Sharran is sharing the amazing mindset of his three billionaire mentors. These fascinating humans have three things in common regarding their decision-making philosophy. If you can adapt these philosophies, it will dramatically change the way you look at things around you and give you a positive perspective in life.

“Life is just a series of choices, and all the choices that you make have tradeoffs. Some are hassles; some are not hassles. Some are joyful; some are not joyful. You pick one, you lose something. You pick one, you gain something else.”

– Sharran Srivatsaa

Timestamps:

01:20 What this episode is all about

03:35 Three common factors in these three billionaires

04:17 Philosophy #1: Don’t be afraid to make decisions

07:46 How we feel is fundamental to the decisions we make

10:02 Philosophy #2: Success loves speed

11:40 If you have no more information and must decide what to do, what will you do?

13:52 Philosophy #3: The need for moral compass mentors

17:38 This is the fastest way to make a bad decision

20:36 Recap of today’s topic

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