This post is part of the 📖 Mental Models series.
Today, I am reading the fourth mental model Seek "Satisfaction from Decision-Making for Speed and Context chapter of the book Mental Models written by Author Peter Hollins.
Mental Models are like giving a treasure map to someone lost in the woods. They provide instant understanding, context, and most importantly, a path to the end destination. Now imagine having such a map for all problems and decisions in your life.
In this book Mental Models, author Peter Hollins discuss 30 mental models that billionaires/CEOs, Olympic athletes, and scientists use to think differently and avoid mistakes.
Battle information overwhelm, focus on what really matters, and make complex decisions with speed and confidence.
Yesterday, I finished reading the third mental model Make Reversible Decisions.
Chapter #1: Decision-Making for Speed and Context
Mental Model #4:
Seek “Satisfaction”
Use to achieve your priorities and ignore what doesn’t matter.
The Seek “Satisfaction” mental model for decision-making focuses on increasing our speed by focusing only on what we need. In doing so, we will probably realize that we need far fewer things than we originally thought and that our desires are masquerading as needs.
Most of us are split into two categories of decision-makers:
- Satisficers
- Maximizers.
The maximizer is someone you might be familiar with. They want everything possible, and they’ll try and try until they get it.
The satisficer, on the other hand, can more accurately determine what really matters and focuses on those things. They get in and get out and happily move on with their day.
The maximizer wants to make perfect decisions every time and all the times. By contrast, the satisficer is just shooting to be satisfied and find an option that suffices for their purposes. They want something that works well enough.
Default choice:
In many instances, the default is what you had in mind the entire time and where you were probably going to end up regardless of going through the motions and endless debate.
The act of creating a default choice is important because you will have automatically selected something that fits your requirements or desires.
Summary
- We need far fewer things than we originally thought and that our desires are masquerading as needs. Use Seek “Satisfaction” to achieve your priorities and ignore what doesn’t matter by creating a default choice.
That’s it for today. Tomorrow, we will read the fifth mental model Stay Within 40-70%, use to balance information with action.
Address “Important”; Ignore “Urgent”
Identify and address important tasks, ignore urgent tasks. Delegate important but non-urgent task and delete not important and not urgent tasks.
Visualize All the Dominoes
Don’t stop your analysis once the most obvious situations are articulated. Consider as many long-term possible ramifications as you can. Think twice about what you’re doing, and it helps to eliminate rash decisions.
Make Reversible Decisions
If you want to make the best decision possible, you can go ahead and use reversible decisions to learn exactly what you need to know.
Seek “Satisfaction
We need far fewer things than we originally thought and that our desires are masquerading as needs. Use Seek “Satisfaction” to achieve your priorities and ignore what doesn’t matter by creating a default choice.
Author(s): Peter Hollins
Part 5 of 29 in the 📖 Mental Models book series.
Series Start | Mental Models - Day 4 | Mental Models - Day 6