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ret the things we don’t do more than the things we do.</p><p id="533c">Jeff Bezos feels the same way, which is why he uses the <b>regret minimization framework.</b></p><p id="095f">The question he asks himself before making big decisions is the following</p><p id="dfc0" type="7">At the end of my life, will I regret not having done this?</p><figure id="b7f4"><img src="https://cdn-images-1.readmedium.com/v2/resize:fit:800/0*vLoPXVEBcLjemp7k"><figcaption>Photo by <a href="https://unsplash.com/@vladsargu?utm_source=medium&utm_medium=referral">Vlad Sargu</a> on <a href="https://unsplash.com?utm_source=medium&utm_medium=referral">Unsplash</a></figcaption></figure><h1 id="3260">You Will Die</h1><p id="d734">We are all going to die. Keeping this in mind, as Bezos does, is a great way to make better decisions in my opinion.</p><p id="9e7e">Personally, I agree with both Bezos and Mark</p><p id="7dac">If we were to regret not doing something for the rest of our lives, we should definitely give it a shot.</p><p id="2164">Best case: it works.</p><p id="dc8f">Worst case: we fail. But at least we tried and don’t regret that we did not have the guts to even give it a shot.</p><p id="58f1">Maybe the regret minimization framework can help you the next time you see a pretty woman in a bar and don’t know if you should approach her, or in other decision-making processes.</p><h2 id="cd07">Thanks for reading!</h2><p id="91ee"><b>Wait a second.</b> Y<i>ou should get my articles in your inbox. <a href="https://medium.com/subscribe/@whitep"><b>Subscribe here.</b> </a>Maybe you also want to start writing on Medium yourself and make money. I made $3400 in my second full month! You only need a membership for$ 5 a month. If you sign up<a href="https://medium.com/@whitep/membership"> <b>with my link</b></a>, you support me with a part of your fee without additional costs.</i></p><p id="4ad7">I think you will also like these stories:</p><div id="0

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How You Make Decisions Like Jeff Bezos (And Create The Best Life Possible)

The quality of our lives depends on the quality of our decisions.

Great decisions, great life. Shitty decisions, shitty life.

There are small decisions we make every day. These usually have no major immediate consequences, but their impact adds up. They even compound. For example, whether you go to the gym or stay on the couch. Water or cola? Work or procrastinate?

However, some individual decisions also have an enormous impact on your life or have the potential to do so.

Should I start a business? Should I ask the pretty girl or the attractive boy for a date? Should I move to a new city? Spend some time abroad?

These decisions are so important that you better make the right choice. But what is the right choice?

A framework from Amazon CEO Jeff Bezos could help us make these decisions.

Regret Minimization

Every difficult life decision is a trade-off.

One option might promise a high degree of certainty, while another one might have a higher upside but is riskier.

Let’s say you dream of starting an online business so that you can leave your 9–5 and work from anywhere.

What is worth more? The opportunity to live your dream or a safe paycheck? What is worse? Failure or the regret of not having tried in the first place?

According to Mark twain, it’s the latter:

We regret the things we don’t do more than the things we do.

Jeff Bezos feels the same way, which is why he uses the regret minimization framework.

The question he asks himself before making big decisions is the following

At the end of my life, will I regret not having done this?

You Will Die

We are all going to die. Keeping this in mind, as Bezos does, is a great way to make better decisions in my opinion.

Personally, I agree with both Bezos and Mark

If we were to regret not doing something for the rest of our lives, we should definitely give it a shot.

Best case: it works.

Worst case: we fail. But at least we tried and don’t regret that we did not have the guts to even give it a shot.

Maybe the regret minimization framework can help you the next time you see a pretty woman in a bar and don’t know if you should approach her, or in other decision-making processes.

Thanks for reading!

Wait a second. You should get my articles in your inbox. Subscribe here. Maybe you also want to start writing on Medium yourself and make money. I made $3400 in my second full month! You only need a membership for $5 a month. If you sign up with my link, you support me with a part of your fee without additional costs.

I think you will also like these stories: