Decidedly I Decision Tips for Business Owners

By: Sanger Smith and Shawn Smith
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  • Summary

  • Defeating bad decision-making for family business owners, so you can improve their health, wealth, and relationships.
    Sanger Smith and Shawn Smith
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Economics Leadership Management & Leadership
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Episodes
  • Ep.179 I Deciding to Take Back Time: Why Discipline Won’t Make You Productive with Craig Ballantyne

    Ep.179 I Deciding to Take Back Time: Why Discipline Won’t Make You Productive with Craig Ballantyne
    Mar 5 2025
    Everyone preaches discipline as the key to getting more done—but what if it’s actually slowing you down?Craig Ballantyne coaches top entrepreneurs,and he argues that discipline alone won’t make you or your business productive.In this episode, we’re breaking down why most business owners waste time on the wrong things, and how to structure your day for real progress.If you’re working all day but still feel behind, this conversation will shift the way you think about productivity and discipline. KEY TOPICSHow “I’ll just do it myself” drains people and ruins businesses.The cost of ignoring energy management: How sleep, nutrition, and environment impact decision-making.Parenting as an entrepreneur: Balancing work, family, and your health without sacrificing what matters.The dark side of discipline: When too much structure and routine start working against you. CHAPTERS00:00 – Intro: Defeating Bad Decision-Making in Life& Business02:00 – The Car Sales Trick That Sells TwoCars at Once05:15 – Craig Ballantyne on Building Your Discipline07:40 – Why New Parents Lose Their Habits (and How to Get Them Back)10:30 – The #1 Strategy to Reduce Stress as a Parent12:45 – How High Performers Maximize Time15:20 – The Secret to “FindingTime”18:05 – How Smart Entrepreneurs Plan Their Day21:40 –Why You’re Stuck in aProductivity Trap24:50 –Why More Hours Won’t Fix Your Business28:15 – The 80/20 Rule: How to Work Less and Make More31:05 – Delegating in Your Business34:30 – Why Sheer Grit Won’t Save You 37:50 – The Biggest Mistake Entrepreneurs Make in Goal-Setting40:15 – Deadlines: Why You Need to Set a Date for Every Goal42:40 – How to Make Discipline Effortless with This 3-Step System45:20 – The Five Words That Are Killing Your Business Growth48:10 – The Decision-Making Hack That Saves Time50:15 – Craig’s Top Decision-Making Tip forBusiness Owners51:26 – Where to Connect with Craig Ballantyne51:59 – Key Takeaways53:17 – Message from the Producer SIGN UP FOR OUR FREE WEEKLY NEWSLETTER CONNECT WITH US⁠www.decidedlypodcast.com⁠Watch this episode on YouTubeSubscribe on ⁠YouTubeJoin us on ⁠Instagram⁠: @decidedlypodcastJoin us on ⁠Facebook⁠Shawn’s ⁠Instagram⁠: @shawn_d_smithSanger’s ⁠Instagram⁠: @sangersmith Thank you to Shelby Peterson of Transcend Media for editingand post-production of the Decidedly podcast. SANGER’S BOOK: ⁠A Life Rich with Significance: Transforming Your Wealth to Meaningful Impact⁠ SHAWN’S BOOK: ⁠Plateau Jumping: What to Change When Change Is What You Want⁠ MAKING A FINANCIAL DECISION?At ⁠Decidedly Wealth Management⁠, we focus on decision-making as the foundational element of success, in our effort to empower families to purposefully apply their wealth to fulfill their values and build a thriving legacy. LEARN MORE: ⁠www.decidedlywealth.com⁠ CONNECT WITH CRAIG BALLANTYNEWebsite:  https://www.craigballantyne.com/Craig’s New Book, The Dark Side of Discipline: Stop Chasing. Suffer Less. Achieve More.: https://darksideofdiscipline.com/ Craig Ballantyne is known as the "World’s Most Disciplined Man" and is a business coach for high performing entrepreneurs who want to go to the next level. His previous books include The Perfect Day Formula, The Perfect Week Formula, and his Wall Street Journal best seller, Unstoppable. He was also the creator of the Turbulence Training fitness system and owns EarlyToRise.com.
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    54 mins
  • Ep.178 I Deciding to Doubt Yourself (In a Good Way): The Science of Overconfidence with Don Moore

    Ep.178 I Deciding to Doubt Yourself (In a Good Way): The Science of Overconfidence with Don Moore
    Feb 26 2025
    Confidence is essential in business, but unchecked overconfidence? That’s where things fall apart. Don Moore, a leading expert on decision science, breaks down why most people—especially successful ones—tend to be too sure of themselves in areas they know little about. We dig into why business owners struggle to evaluate risk, why past wins can make you blind to future mistakes, and how probabilistic thinking can keep you from making overconfident (and expensive) decisions. KEY TOPICSHow the sunk cost fallacy keeps business owners stuck in failing ventures.How market predictions based on ‘gut feeling’ often backfire.What AI reveals about human overconfidence.Why your biggest blind spots exist in areas where you think you’re most knowledgeable. ⁠SIGN UP FOR OUR FREE WEEKLY NEWSLETTER⁠CHAPTERS00:00 – Intro: Defeating bad decision-making in life & business02:00 – Why new parents are overconfident05:30 – The Dunning-Kruger effect in parenting and beyond07:40 – What is over-precision, and why does it matter?12:20 – The dangers of overconfidence in business and investing16:55 – Why successful people struggle with decision-making19:20 – The power of having language for decision-making biases21:45 – How thinking in probabilities leads to better choices24:05 – Market predictions, uncertainty, and decision paralysis26:20 – How hobbies and competition keep us humble28:50 – The behaviors that make people more (or less) overconfident31:05 – The surprising gift of criticism33:25 – Parenting, teenage rebellion, and overconfidence36:50 – Overconfidence in parenting decisions39:10 – Avoiding regret and learning from imperfect decisions41:20 – Why most people misinterpret their financial wins43:45 – Is AI overconfident? The risk of machine-generated certainty46:00 – The problem with certainty in AI, investing, and life48:30 – Why demanding 100% certainty keeps you stuck50:30 – What Sanger has learned from hosting Decidedly55:10 – The importance of embracing uncertainty in business and life57:35 – Don’s top decision-making tip for business owners57:47 – Where to connect with Don Moore58:16 – Key Takeaways59:29 – Message from the Producer CONNECT WITH US⁠www.decidedlypodcast.com⁠Watch this episode on YouTubeSubscribe on ⁠YouTubeJoin us on ⁠Instagram⁠: @decidedlypodcastJoin us on ⁠Facebook⁠Shawn’s ⁠Instagram⁠: @shawn_d_smithSanger’s ⁠Instagram⁠: @sangersmith Thank you to Shelby Peterson of Transcend Media for editing and post-production of the Decidedly podcast. SANGER’S BOOK:⁠A Life Rich with Significance: Transforming Your Wealth to Meaningful Impact⁠ SHAWN’S BOOK: ⁠Plateau Jumping: What to Change When Change Is What You Want⁠ MAKING A FINANCIAL DECISION?At ⁠Decidedly Wealth Management⁠, we focus on decision-making as the foundational element of success, in our effort to empower families to purposefully apply their wealth to fulfill their values and build a thriving legacy. LEARN MORE: ⁠www.decidedlywealth.com⁠ CONNECT WITH DON MOOREDon’s Faculty Website: https://haas.berkeley.edu/faculty/moore-don/ Don’s Lab Website: https://learnmoore.org/ X: @donandrewmoore LinkedIn: https://www.linkedin.com/in/don-moore-01725b/ Books: https://www.amazon.com/stores/author/B083M5M6X4/allbooks?ingress=0&visitId=54bc4249-8552-4de4-bbed-b4ac6d41d5ec&ref_=ap_rdr Don Moore holds the Lorraine Tyson Mitchell Chair in Leadership at the Haas School of Business at the University of California at Berkeley. His research interests include overconfidence, including when people think they are better than they actually are, when people think they are better than others, and when they are too sure they know the truth.  He is only occasionally overconfident. Expertise and Research Interests Ethical Choice Decision-Making Overconfidence Negotiation
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    1 hr
  • Ep.177 I Deciding to Cut Ties…or Keep the Commitment: What Fuels Hard Decisions with Dr. Art Markman

    Ep.177 I Deciding to Cut Ties…or Keep the Commitment: What Fuels Hard Decisions with Dr. Art Markman
    Feb 20 2025
    How do you know if you’re being persistent or simply wasting your time?Dr. Art Markman joins us to break down how our brains process disappointment, why we misjudge sunk costs, and how different personality types handle setbacks. Whether it’s a business decision, a personal goal, or even a high school football career you should’ve walked away from sooner, this conversation will help you fine-tune your ability to know when to keep going—and when to move on. KEY TOPICSWhy the “never quit” mindset can backfire—and when it’s smarter to walk away.How the sunk cost fallacy traps people in bad jobs, relationships, and investments.Why overcommitting to work can be a sign of misplaced priorities.How urgency changes decision-making (and what that means for business owners). CHAPTERS00:00 – Intro: Defeating Bad Decision-Making in Life & Business00:49 – The Wildest Celebrity Family Secret?05:42 – How Self-Awareness Saves You from Bad Choices08:06 – Are You Setting Yourself Up for Disappointment?12:54 – Regret vs. Disappointment: What’s the Difference?15:17 – The Real Reason People Defend Bad Decisions17:39 – When to Push Through vs. When to Quit20:44 – The Sunk Cost Trap: Are You Stuck?24:23 – How Tragedy Changes Our Beliefs Instantly29:40 – Why Straight-A Students Struggle in the Real World32:57 – The Key Skill That Determines Career Success38:25 – The Most Underrated Advantage in Business44:41 – What Motivates You? You Might Be Wrong50:55 – The Secret to Making Better Financial Decisions56:06 – The One Question to Ask Before Any Big Purchase 01:00:19 – Art’s Top Decision-Making Tip for Business Owners01:01:30 – Where to Connect with Dr. Art Markman01:02:10 – Key Takeaways01:03:41 – Message from the Producer SIGN UP FOR OUR FREE WEEKLY NEWSLETTER CONNECT WITH US⁠www.decidedlypodcast.com⁠Watch this episode on YouTubeSubscribe on ⁠YouTubeJoin us on ⁠Instagram⁠: @decidedlypodcastJoin us on ⁠Facebook⁠Shawn’s ⁠Instagram⁠: @shawn_d_smithSanger’s ⁠Instagram⁠: @sangersmith Thank you to Shelby Peterson of Transcend Media for editingand post-production of the Decidedly podcast. SANGER’S BOOK:⁠A Life Rich with Significance: Transforming Your Wealth to Meaningful Impact⁠ SHAWN’S BOOK: ⁠Plateau Jumping: What to Change When Change Is What You Want⁠ MAKING A FINANCIAL DECISION?At ⁠Decidedly Wealth Management⁠, we focus on decision-making as the foundational element of success, in our effort to empower families to purposefully apply their wealth to fulfill their values and build a thriving legacy. LEARN MORE: ⁠www.decidedlywealth.com⁠ CONNECT WITH DR. ART MARKMANTwo Guys on Your Head Podcast: https://open.spotify.com/show/4WzHJK1SzAryo21JonpZoYLinkedIn: https://www.linkedin.com/in/art-markman-93aa6a22Facebook:https://www.facebook.com/ArtMarkmanPhD/X: @AbmarkmanBooks: https://www.amazon.com/stores/author/B005L52EOO/allbooks?ingress=0&visitId=4d56c521-f041-409e-9997-f782b942bf8b&ref_=ap_rdrBlog: https://www.psychologytoday.com/intl/blog/ulterior-motives Art Markman is the Annabel Irion Worsham Centennial Professor of Psychology, Human Dimensions of Organizations, and Marketing and Senior Vice Provost for Academic Affairs at the University of Texas at Austin. He has written over 150 research papers on topics including reasoning, decision making, and motivation. He brings insights from cognitive science to a broader audience through his blogs at Psychology Today and Fast Company as well as his radio show/podcast Two Guys on Your head. He is the author of several books including Smart Thinking, Smart Change, Brain Briefs, and Bring Your Brain to Work.
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    1 hr and 4 mins

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