• What Type of Decision is This? | 5 Things You Need to Know About Making Decisions

  • Apr 22 2025
  • Length: 20 mins
  • Podcast

What Type of Decision is This? | 5 Things You Need to Know About Making Decisions

  • Summary

  • In this episode you will learn:

    • The Difference between Type 1 and Type 2 decisions
    • What RAPID Roles stands for and how it helps you get to a decision faster
    • How to move forward when your partner says no to whatever you want to do
    • The key thing you're doing wrong when making (or not making) the decision; aka the life changing nugget that blew Ashley's mind

    In this conversation, Ashley and Dave explore the intricacies of decision-making, focusing on the distinction between type one and type two decisions. They discuss how understanding these types can alleviate the stress associated with decision-making, particularly in personal and professional contexts. The conversation also delves into the importance of defining decision roles within teams and the accountability that comes with having veto power. By reframing failure as an opportunity for evolution, they provide insights into making more effective decisions and learning from past experiences.

    PS: We wrote a book! Here’s what people are saying so far about 5 Things You Need to Know About Decision Making…

    • “You don’t know what you don’t know until you read this book.”
    • “This is an example of something we all think we’re good at it…and we’re not.”
    • “Very practical and immediately usable. The decision-making framework and tools are outstanding resources for business and everyday life decisions.”

    We’ll be discussing each of the 5 things in our upcoming episodes, so make sure to click that subscribe button so you’ll get notified!

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    Takeaways

    • Type one decisions are reversible and less costly.
    • Type two decisions require careful consideration and expert input.
    • Understanding decision types can reduce anxiety in decision-making.
    • Decision roles clarify who has authority in the process.
    • Veto power comes with the responsibility to propose alternatives.
    • Emotional costs should be factored into decision-making.
    • Organizations often confuse type one and type two decisions.
    • A good decision now is better than a great decision later.
    • You can give yourself permission to fail in personal decisions.
    • Learning from past decisions can improve future outcomes.

    Sound Bites

    • "The cost of failure is no big deal."
    • "You can give yourself permission to fail."
    • "The cost of the internal struggle is high."

    Chapters

    00:00 Understanding Decision Types

    03:05 Navigating Type Two Decisions

    05:58 The Importance of Decision Roles

    09:11 Managing Veto Power in Decisions

    11:54 Personal Decision Dynamics

    14:56 Learning from Decision-Making Experiences

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