The Importance of Making Good Decisions: Lessons from Epictetus

Learn how to make decisions from the greatest Stoian Epictetus

Hello, folks! Let me share some golden wisdom with you, straight from the ancient philosopher Epictetus. You know, success in life, it all comes down to the choices we make. It’s not about how you look, your wealth, or your status. It’s about the quality of your decisions. And believe me, making great decisions is how you become a millionaire. Trust me, I know. If fact, without my good decision making, i would never have become a millionaire.

Who Was Epictetus?

Epictetus was a Greek Stoic philosopher born around 50 AD in Hierapolis. He started life as a slave but didn’t let that stop him. He went to Rome, studied philosophy, and then opened his own school. Epictetus taught that true freedom comes from within, from wisdom and self-control. His teachings, recorded by his disciple Arrian, are legendary. He knew what he was talking about.

Epictetus once said, “You are not your body and hairstyle, but your capacity for choosing well. If your choices are beautiful, so too will you be.” Powerful stuff, right? Let’s break it down and see how you can use this to make million-dollar decisions.

Epictetus is saying that you are the sum of your decisions. If the sum of your decisions are good, then you will have a good life. On the other hand, if the sum of your decisions is bad, then you will have a failed life. Decisions are the cause of a good or bad life.

The Power of Choice

Every day, from sunrise to sunset, you make choices. Some are small – what to wear, what to eat – and some are huge – who to marry, what business to start. These choices shape your destiny. Aristotle said, “Excellence is never an accident. It is always the result of high intention, sincere effort, and intelligent execution; it represents the wise choice of many alternatives.” And making those wise choices is what separates the winners from the losers.

The Importance of Good Decision-Making

Good decision-making is the foundation of a successful and wealthy life. If you want to be a millionaire, you’ve got to make good choices. Every decision impacts your future – your relationships, your business, your happiness. A well-thought-out decision can lead to incredible success, while a poor one can bring regret and failure.

Cultivating Rational Faculties

To make great decisions, you’ve got to use your brain. Don’t get swayed by emotions or quick fixes. Pause, reflect, and think about the long-term consequences. This kind of mindful deliberation is what leads to beautiful, successful choices.

Developing Decision-Making Skills

Making good decisions doesn’t happen overnight. You’ve got to practice. Here’s how:

  1. Pause and Reflect: Before making a decision, take a moment to breathe and think about the long-term impact. Ask yourself, “Will this choice lead to lasting success or just a quick win?”
  2. Seek Counsel: Surround yourself with smart, experienced people. Don’t hesitate to ask for advice from those who’ve been there, done that.
  3. Embrace Virtue: Let honesty, integrity, and kindness guide your decisions. A choice rooted in virtue is seldom regretted.
  4. Learn from Mistakes: Everyone makes mistakes. When you do, learn from them and move on. Use them to make better choices in the future.

Lessons from History

Look at history. Great leaders made great choices. George Washington, for example, chose to step down after his second term, setting a precedent for peaceful transitions of power. On the other hand, King Midas, whose greed led him to choose the golden touch, shows the dangers of poor decisions driven by greed.

Conclusion

Folks, life is a series of choices. By nurturing our capacity for choosing well, we shape our destiny and our character. If you want to be successful, if you want to be a millionaire, make beautiful choices. Be the architect of your own life.

Until next time, make those wise choices and keep building your empire.

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