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What is Analysis Paralysis? In today’s informational climate, we have unlimited information right at our fingertips. It takes only seconds to access facts, figures, and statistics relating to any topic. There is so much good that comes from this. Nearly anyone can be well-informed on topics and issues that are important to them, and find information to help them make the best decisions for their lives.
Unfortunately, it can also be incredibly overwhelming to have access to a world of information. It’s easy to get bogged down in the minutia of pros and cons for each and every option available. You can become paralyzed by the mountain of information as you try to analyze every piece of the data and compare it to your situation. Hence paralysis by analysis. So how can you avoid this analysis paralysis? We have 4 strong steps to help you avoid it.
4 Ways to Avoid Paralysis By Analysis
1. Give Yourself A Deadline
Often people find themselves putting off a decision or purchase because they “still need to do a bit more research” or they “need to talk to a few more people.” If you find yourself putting off a decision because you’re paralyzed by the information or choice, give yourself a deadline – and then stick to it.
2. Practice Gut Decisions
You can hone the skill of faster decision making through some practice. When choosing a restaurant, movie to watch, brand of dishwasher detergent, simply look at your options and make a quick, gut decision. Think 10-30 seconds or less.
3. Limit Your Sources
Instead of finding source after source, decide you’ll consult 3-4 sources total. You might read the product website, talk to a friend or family member for a personal recommendation, consult a trusted expert, and THEN make the best decision possible based on the information you have. Don’t seek out additional sources, message boards, anomalies, or all the extra information that will lead to your analysis paralysis.
4. Call in Backup
Utilize your team! Delegate the choice to someone you trust who is also affected, such as a spouse or coworker. If you have a team, a mentor, family members, or a tight group of friends – put it up for a vote after sharing your acquired information. Other people can step in to help you conquer the analysis paralysis.
At the end of the day, make your decision and then trust yourself. Decisions can be hard; information can be overwhelming. Do your best, make your decision, and then move forward without second-guessing. You CAN conquer analysis paralysis.