How To Make Better, Faster & Stronger Decisions w/ Brendon Burchard

🚨New Episode Alert! - Get FREE Coaching from the #1 and the #2 ranked MINDSET AND PERFORMANCE COACHES IN THE WORLD right here w/Ed Mylett and Brendon Burchard! Join me and the phenomenal Brendon Burchard as we deep dive into a skill that dictates the trajectory of our lives: DECISION-MAKING. Mastering this art is not just about making choices… it's about shaping your destiny. We're here to arm you with tools and strategies to optimize your decision-making process, sharing tactics that have propelled us and many others to remarkable success. LISTEN CLOSELY as we get into: The delicate balance between trusting your GUT INSTINCTS and relying on facts and data. Recognizing and avoiding the trap of OVERCOMMITMENT. Understanding how decisions in marriage and career should be approached differently. Embracing ACTION BIAS – the power of taking decisive action. The pitfalls of OVER NEGOTIATING and how it can waste precious time. Cultivating an “ALL IN” mentality for full commitment to your decisions. Harnessing the power of DEADLINES to create urgency and focus. The importance of OWNING YOUR DECISIONS, regardless of the outcome. Sharpening your decision-making skills with laser-focused CLARITY. Understanding the impact of MENTAL FATIGUE on your decision-making process. Implementing the TERMS acronym as a guide to smarter decisions. Why it’s okay to make bad decisions sometimes This episode isn't just about listening; it's about reassessing and refining your approach to making decisions. It's a crucial skill that no one can master for you. It’s time to take charge, to elevate your decision-making game, and in doing so, transform your life. Are you ready to make that choice? Learn more about your ad choices. Visit megaphone.fm/adchoices

Speaker names marked ? are inferred from speaking time and the show’s known hosts — they are not voice-verified.

• 0:00Ed Mylett?

  So hey guys, are you frustrated with where you're at right now? Maybe stunted in your progress? Well, if you are, I want to recommend a place for you to go called Growth Day. GrowthDay.com/Ed. It is the number one personal development app on the planet. It was created by my friend Brennan Burchard. It's got all kinds of high performance techniques in there. Courses, accountability, journaling, live speeches from some of the top influencers in the world, including me. And here's the other thing I recommend you do. Come see me speak this year. And you know, typically ticket prices to see me speak are very, very expensive for most people to be able to afford. But if you go to GrowthDay.com/Ed, you can actually get two tickets to see me speak for free in Los Angeles at some point this year. Yeah, my friend Brennan Burchard, he's crazy.

• 0:44Ed Mylett?

  He's going to give away two tickets to see me speak and for anybody involved in the Growth Day app. And by the way, you can actually get started in the Growth Day app right now for a free trial at GrowthDay.com/Ed. It's the number one personal development hub on the planet. People like myself speaking in there on Mondays. Brennan Burchard, some of the top speakers and influencers in the world. It'll teach you high performance techniques, goal setting, motivation, holds you accountable. It's an overall environment to change your life and you get two tickets to see me speak for free. I can't get over it. GrowthDay.com/Ed. I hear so many small business owners say the exact same thing. They just never have enough time in the day. Well, I measure time differently. I've compressed, condensed, heck, I've bent time. My first day is 6:00 a.m. to noon.

• 1:28Ed Mylett?

  My second day starts at noon and goes till 6:00 p.m. And my third day, 6:00 p.m. to midnight. I now get 21 days a week. Stack that up over a month, over a year, over five years, and my life's completely different than it would have been otherwise. And if you want to win as an entrepreneur, you have to compress your time too. And you definitely can't afford to waste it waiting weeks on a big bank for capital. Your best bet's to work with my friends at Cardiff. They know how to compress time for entrepreneurs. They get your business approved in minutes and funded the very same day. They're America's favorite small business lender and for good reason. Over 20 years in business, over 12 billion deployed to small business across America. Stop letting bank delays slow down your momentum. Head to Cardiff.co/Ed. That's Cardiff.co/Ed. Cardiff.co.

• 2:13Ed Mylett?

  Real growth, fast funding. Cardiff, borrow better.

• 2:17Speaker 01

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  This is The Admiral Show.

• 2:55Ed Mylett?

  Welcome back to the show, everybody. I love Thursday episodes because once a month you get a chance to spend time with me and the legend, Brendan Burchard. And today, going into the new year, beginning the new year, it's all about making the right decisions. And we thought if we're going to cover something that could make the biggest value, the biggest return for all of you, we would discuss today how to make decisions. Because that's one of the strategies, you can go all the way through high school, elementary school, college, learn all this stuff. But in life, people don't teach you how to actually properly make decisions. And decisions shape your destiny. And so today is all about the strategies and tactics of how to make proper decisions with a dude I've decided that's one of my best friends on the planet.

• 3:40Ed Mylett?

  And I've decided to be involved with in Growth Day with, growthday.com/ed, by the way, my buddy Brendan Burchard. Brendan, welcome back to the show, brother.

• 3:48Brendon Burchard?

  I love being on this show. Every time we finish the show, thousands of listeners say, oh my, that's an unbelievable episode. The high performance, the tactics, the strategies, but also just Ed's energy. You know, when we get together, it's like the room fills. I love it.

• 4:05Ed Mylett?

  It's so true, brother. And by the way, we both know that it's not my energy. It's your energy combined with mine. And that's one of the things I want to ask you, like I've decided in my life to make different business decisions. And one of them was I've decided in 2024, I was going to be a part of Growth Day. And and this amazing environment that you've created and and I had to have some strategic things I went through in order to make the decision. So let me ask you this, just to start out, when you make decisions, how much of it is gut instinct? Do you rely on instinct, intuition, your gut? Or are you a little bit more, I will call it cerebral, less heart, more cerebral, where it's facts, data, figures, when you decide to make a conclusion and make and call a shot? How do you usually make your decisions?

• 4:49Brendon Burchard?

  Yeah, I think there's, there's almost two right there. There's strategy and there's performance. So I'll talk performance first. Performance is, listen, before the performance or in the moment when you have to do something, you're less cerebral and you're tapping back into what you already know, your flow, your preparation, your practice. So I would say, in the moment, don't overanalyze. Don't overdecide. Don't get stuck on overwhelmed. I could do all these things. No, no, you've already prepared. You've already practiced. Be in the moment, win the game, make the decision. You know, you're in the conversation with your team, you already kind of know what to do there.

• 5:31Brendon Burchard?

  If it's a longer term thing, now we're talking strategy.

• 5:34Ed Mylett?

  Yeah.

• 5:35Brendon Burchard?

  Now, I'm much more of a chess player. I gotta take a moment and not overcommit myself. By the way, everybody, listening closely, one of the great decisions of your life is not to overcommit yourself. If you're gonna make a decision this year, make the decision not to overcommit yourself. So if it's strategic, I'm gonna go, okay, let me take a step back, let me face play some chess, because I don't want to make the number one mistake in decision making, especially this time of year, which is overcommit myself into a million things. I want to narrow myself strategically, and that just takes more thought and logic.

• 6:12Ed Mylett?

  You and I were literally just talking about this before we went on camera about the different things that we're both involved with. And you're like, brother, I'm just basically involved in four things. I've decided I've got four things in my life that I'm running from a business standpoint. And what you just said is something really true. I think last year I made the mistake of overcommitting. And then we've all got these things on our calendar, our agenda, we're like, I kind of hope that cancels. I can't believe I agreed to do this. You know what I'm saying? We all have those things. But for me, I'll say, you know, I've always liked to learn from mistakes, right? Success leaves clues. We're all both learners. We're both curious people. You know, I have, as I've gotten older, become less impulsive when I make decisions. But when I was younger, I had this notion, I used to really believe that, man, if I just make a decision

• 6:55Ed Mylett?

  and I execute with ferocity, I'm gonna win either way. Right? I'll just win. And I still have at some extent, I believe that this notion of growing up right and wrong, which there are right and wrong things ethically and morally in life. But a lot of times, you can over deliberate on a decision because you're like, I don't want to make the wrong one. I don't want to make the wrong one. But there's been a lot of times in my life where both would have worked. Both would have worked if I just executed the decision with a degree of certainty and ferocity, frankly, aggressiveness, where I'm gonna make either one work. And for me, that's taken the pressure off me a lot in my life where like, not every decision is like, this one's gonna work and that one won't. What I want to do is take the path of the most bliss, the most joy,

• 7:39Ed Mylett?

  the most profitability, the best way to scale. But I think this notion of right and wrong, meaning good and bad, sort of paralyzes people to decide anything and then they just stay in this loop, this pattern of the way they live their life because they're afraid to get outside of it because they might make the wrong decision. You agree with that?

• 7:59Brendon Burchard?

  A hundred percent. And I think it's so important because people will delay on a decision as long as they can because then they can stay in the comfort of what they know.

• 8:11Ed Mylett?

  Yes.

• 8:12Brendon Burchard?

  And so I always tell people, there's no two week plus decisions, except two things. Meaning every decision that you could possibly fathom in your entire life can be made in under two weeks. So if you're like, ah, I just haven't decided to write a book. Okay, that doesn't take two weeks to decide you're gonna write a book. Like, there's almost no decision that takes longer than two weeks. Two decisions take longer than two weeks. Number one, who to marry.

• 8:42Brendon Burchard?

  Please, please, please don't do the Vegas marriage thing. They never turn out.

• 8:46Ed Mylett?

  Very rarely.

• 8:48Brendon Burchard?

  You need more time in relationships, first of all. Number two, when to quit a job.

• 8:57Brendon Burchard?

  Not if to quit a job, when to quit a job.

• 9:01Ed Mylett?

  So true.

• 9:01Brendon Burchard?

  You want to quit a job, the if, that decision, you can make that today. When, usually you need to kind of play that chess out because it might take six months of financial planning. You know, sitting down with the budget, talking with family, looking out there, getting yourself ready. But outside of literally marriage and when to quit a job, every possible decision in your life can be made in this next two weeks. And I just say, make it, force it. I literally, if I have a decision I have to make, it goes on a little post-it note and it goes up on my little computer here. Like literally right off, off the screen here. And I force myself to look at the decision every day. Because it'll, it'll tear me up inside until I make it.

• 9:44Ed Mylett?

  Very good though.

• 9:45Brendon Burchard?

  What most people do is they pretend they don't have to make the decision, they don't look at it anymore.

• 9:49Ed Mylett?

  Yeah. One of the biggest compliments that I get, and I don't get a lot, but from people that know me well, is that I'm a very decisive person.

• 9:57Brendon Burchard?

  Yes.

• 9:58Ed Mylett?

  I've built the muscle of decisiveness and, and the reason is, is I think that indicates a level of confidence that I have, that I can make something work, or that God's going to bless the decisions that I make. But I, I have a really hard time, I don't know very many mega-successful or happy people who are not decisive people, meaning they built the muscle, it's habitual now to call shots, to make decisions. There's nothing worse than working for a leader who's indecisive, or flinches, or doesn't know, or constantly needs more information. They've got almost like a perfectionist mentality about making the decision. As opposed to just believing you have the tools and abilities to get into a room.

• 10:42Ed Mylett?

  Like for one thing, I really believe strongly is that most of the things that I've accomplished in my life, or I've had happen. Were me deciding to move into a room and a space that maybe I wasn't completely prepared for, but I had the belief and ability, I will figure it out. Once I get in that room, but I gotta get in the room. I gotta get in the space. And you think about someone like Henry Ford, who built this incredible company, built Ford Motor Company, right? Or Steve Jobs, who built Apple. Those companies don't even resemble what they initially were built to become. Imagine if Henry Ford thought, Brendan, in the beginning, he's gonna build Ford Motor Company, and someone started feeding him all the objections of why he shouldn't decide. Someone said to him,

• 11:22Ed Mylett?

  "Hey, Mr. Ford, you know, someone has to fix all these cars, and there are no mechanics and shops, because there are no friggin' cars, right? Or where are you gonna get all the tires from? Or who's gonna do these repairs? Or what about all the fuel? What about this? What about when there's emissions issues? What about someday when...?" If he'd have thought through every single thing, and someday there's gonna be an environmental issue, an electric... You'd never get started. But what happens is you make a decision based on the data in front of you, a little bit of gut instinct, you call a shot, and you begin to execute even though you know you're not completely prepared. I think most successful people, they're preparation freaks.

• 12:05Ed Mylett?

  You and I are both crazy about our preparation. But ironically, on the other side of it, I don't need this threshold of knowing everything to take action. And people that are less successful or less happy, they're... They have too high of a standard or threshold of what they think they need to know to be ready to take action. Yes. Steve Jobs with Apple, it started out as a board company. Steve Wozniak's become a friend. He's come into Orate with Andy and I in our coaching group. And I asked him, "Did you ever think this is gonna turn out this way? Of course not. We were trying to create a board company." He didn't know that the internet was gonna take off, and they're being maxed. They figured it out as they went, but they made decisions strategically in the beginning to start in Jobs'

• 12:50Ed Mylett?

  garage and start a company and get it going. Do you... Do you agree with that? Like, I think sometimes there's this nuance between you gotta be prepared, the separations and the preparation, yet at the same time, knowing you're not gonna know everything to call the best shot and make the best decision.

• 13:09Brendon Burchard?

  I agree with that completely. Well, first, I agree that you're incredible at being decisive.

• 13:14Ed Mylett?

  Thank you.

• 13:15Brendon Burchard?

  You're incredible being decisive because you've run the reps. You had so much discernment because you were decisive that your decisions get better. And I always tell people, if, if you want to make terrible decisions for your life, don't make any.

• 13:30Ed Mylett?

  Really good.

• 13:31Brendon Burchard?

  It's like what people do. They don't make any decisions. So now every decision is terrible because they have no practice. It's like if you go on a football field and you go to throw the football, you suck. But the more you throw the football, the better that you get.

• 13:43Ed Mylett?

  Yes.

• 13:44Brendon Burchard?

  Being great at decisions is reps. So get in the game of making real decisions for your life. Adopt what, you know, psychologists would call that action bias, which you have. And I've seen it's like, you just make the decision, okay, I'm going to go in. And it's very much like, you know, even Jeff Bezos talks about, it's like, you need to have maybe sixty to seventy percent of the information you think you need, then make the decision.

• 14:10Ed Mylett?

  That's really good.

• 14:11Brendon Burchard?

  You're never going to have a hundred percent. And what people do is they make the mistake of having what I just called the wrong payoff window. They don't make the decision because they think the payoff has to be tomorrow, immediacy, or the payoff has to be complete. Like, I get it all tomorrow. So they want all of it tomorrow, all the change tomorrow, and they want it to be complete and perfect.

• 14:35Ed Mylett?

  You're right.

• 14:36Brendon Burchard?

  What you have to do is actually the payoff window of any decision, it's the second you make it. And then it's as you build it long term, you got to get in motion. Like you said, it's like, you're going to figure it out. Confidence is actually your belief in your ability to figure things out.

• 14:53Ed Mylett?

  So true. I think there's another element to this that's sort of insidious that I want to talk about with you for a minute. And then we'll talk a little bit about like investing and deciding when to start a business, when not to, when to shut one down, uh, things like that. But I think there's, I think a lot of people think, and I want everyone to hear this. Have you actually really made a decision? In other words, they think they've made a decision, but what they've actually done is sort of enhance the negotiation with themselves. Meaning the idea of decision is to decide, which is to cut off other options. So like you use marriage as a good one. A lot of people say, I've decided to get married, but yet the minute they're married, it's very conditional. They're in and out. They could be in, they couldn't be out. They've decided to start a business.

• 15:38Ed Mylett?

  But really they haven't because it's still conditional on the price they're gonna pay. Most people spend most of their time wasting their energy, negotiating the price tag of things. What's it gonna cost me? Is this worth it? Is it this? I'm gonna have to give up this to do it. And there, that's a poverty mentality. It's a scarcity mentality. I know this because when I was poor, when I would go into a store, I wouldn't decide to get what I wanted. What would I do? I would flip price tags over. What's it gonna cost me? What's it gonna cost me? What's it gonna cost me? I wasn't, I was doing things that I thought I could afford, not that I really wanted. And if the price was too high, I wouldn't get it.

• 16:17Brendon Burchard?

  Right.

• 16:18Ed Mylett?

  And so I think a lot of people run their life that way. They run it with a poverty scarcity mentality, meaning they think they've made a decision to start a business. But the truth is, you may even quit your job, you may really be, but you haven't really decided to run your business. It's still conditional. And there's a point where you'll just give in and relent. There's a point where you'll sell your dreams up the river. There's a point where it's just too difficult. So that's not a real decision. Or maybe something in your, it's not a real decision, like it too easily you get back out of it. You're still negotiating the price, which to me is indicative of someone who's not decided. I think if you're listening to this or watching it and you're involved in a business or your, or your job or a relationship or it's a fitness program you're on,

• 17:00Ed Mylett?

  but you're still negotiating in your head, the price you're paying, should I? You have not decided. And, and that means you are not decisive. You think you made a decision, but what you've really made is sort of like an optional choice. You're trying.

• 17:15Brendon Burchard?

  Yeah, you're like, you're like nickel in, you think you're nickeling and diming the terms of some deal or decision.

• 17:22Ed Mylett?

  Mm hmm.

• 17:23Brendon Burchard?

  But what you're actually nickeling and diming is your time. You're nickeling and diming time.

• 17:28Ed Mylett?

  Hmm.

• 17:29Brendon Burchard?

  Right? It's like all this stuff that you're doing to figure out every little thing or to save a little bit money here on this little, little thing. It's like, you're actually just wasting time. Like make the like you're you're you're giving away bits and pieces and the real value of time. And that's the real ultimately problem with decision making is like you don't you don't get back that time where you ruminated about it for years regret is almost always I didn't take action soon enough.

• 17:56Ed Mylett?

  Yes.

• 17:59Ed Mylett?

  So, hey, guys, as you know, I've partnered up with my good friend Brennan Burchard, who's created the greatest personal development system that has ever been designed called Growth Day. If you go to growthday.com/ed, you can get all the information, but it's that time of year where everybody's trying to form new habits. They've got new resolutions and goals and you need an environment and you need some coaches and you need to be able to do it super inexpensively. And that's where growthday.com/ed comes in. There's everything from journaling to accountability programs, live messages every Monday from myself and other influencers. There's an opportunity for you to get courses that would cost thousands of dollars completely for free. It's incredible. Go to growthday.com/ed and check it out. This episode is sponsored by Ro. A lot of people assume GLP-1's cost a fortune and

• 18:44Ed Mylett?

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• 19:25Ed Mylett?

  That's R-O dot C-O slash my let to get started on Ro. For side effects of GLP-1 medications, including boxed warning, go to ro.co/safety, ro.co/safety. So when I end when I end up buying the island, we had to do all of our outdoor decorating and I spent a fortune in the first half of the place. And I'm like, I don't want to do this anymore, but I want the best. And that's where Wayfair came in. My wife wanted to get this new garden bed and Wayfair was the place that offered the perfect solution. Wayfair also helps you create a home that stands up to real life with quality products, great value, and trusted reviews. Wayfair verified products are hand vetted by product specialists. They use a 10-point quality inspection system. Here's what I can tell you. The stuff has lasted over time. It looks great and I get compliments

• 20:07Ed Mylett?

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• 20:39Speaker 05

  Wayfair, every style, every home.

• 20:42Ed Mylett?

  I think it's, here's the thing about you, I'll give a secret inside scoop about Brendan to all of you. When this dude does anything, he is all in. I mean, all in. So, I mean, we're talking about Growth Day, all in. You get to an event, all in. A speech, all in. A call, a podcast like this, all in. His marriage, all in. We do an event like the Beach Gang, all in. And there's something where the universe conforms to people who are all in. It bends to your will when you're all into something. And that's why this notion of if you actually really decided to get fit this year, I mean, like really decided,

• 21:26Ed Mylett?

  it's not negotiable. You're not going back. You're depleting none of your energy on whether you made the right decision at all. You're in it. Or your relationship, right? Or your business, or your finances. Like, you've stopped all negotiation. There is a, there is a power to the will of a human connected to their higher power, their god, who says, I am all in on this. Look at it this way. Your faith, whatever you believe in your faith, Brendan and I are both Christians, but whatever your faith is, okay? Do you think your God's halfway in on you? Halfway in on your salvation, halfway in on the fact that you were born for a reason?

• 22:07Ed Mylett?

  Half that, that by the way, when you misstep or make a mistake, they're out on you. That's not how it works. So the, the relationship you value the most in your life, the one thing you know, if you have strong faith is that God, in our case, Jesus is so in on you, it's non-negotiable one that that brings comfort, strength, safety, et cetera. And in business, especially in business, when you're with a leader who's all in, it creates safety in that company, it creates safety in that environment. When you see them waffle, they're afraid, they're gonna give in, they're gonna, they're gonna renegotiate their commitment to you or this. In a relationship, the minute you threaten a divorce in a relationship, the relationship

• 22:52Ed Mylett?

  is never exactly the same again. It can still be a beautiful relationship, but the truth is, once that line is crossed and that's now a possibility, doesn't mean it's right or wrong that you've done it. It's just not the same anymore. Because that commitment has been by, it's not all in, and that's okay, even if you're not all in, there should be probably things in a relationship that are conditional, right? So I understand that. But what I am saying is, once you've made that statement, it's different. And there are certain things, you know, you, someone does something to you repeatedly, you know, that relationship may not be for you. So there's nothing wrong necessarily with threatening a relationship, but once it's threatened, it's not the same again. And so the all in aspect means you've decided, and I think if you're not all in, it's not a real decision. You agree?

• 23:38Brendon Burchard?

  So powerful. You, you hit on, I want to listen to that riff like 10 more times. So everyone listening, like just rewind, hit that 30 second rewind button. That was so good. Everything you said, I think is so true. I'm reminded of two stories. One is, um, uh, I got to work with Paulo Coelho.

• 23:56Ed Mylett?

  Oh, wow.

• 23:57Brendon Burchard?

  Wrote a book called The Alchemist.

• 23:59Ed Mylett?

  So good.

• 24:00Brendon Burchard?

  Changed my life. He has a line in there, I'm not going to say it exactly right because we're off the cuff, but it was something of a fact of, you know, when you have a dream and you decide to go for it, the whole universe conspires with you to make that happen.

• 24:13Brendon Burchard?

  It's a real commitment. It's like the energy flow. God goes, oh, that's where you want to go. Let me align with that. It's just like, it's a, it's a, it's a force of both decision and will. But there's an energy that comes along with it when it's all in. Like you said, I love that phrase. And um, I, I just think that it, it, it's so powerful. I remember reading that book. And underlining that line. And I thought, you know what? This book just changed my, I'd love to meet this person one day. I don't know. Ten years go by. I'm in my studio. And I had one, I had a phone, remember old phones, you plug it in the wall?

• 24:52Ed Mylett?

  You?

• 24:53Brendon Burchard?

  Phone rings in my studio. Pick up the phone. Hello, Brandon. Yeah, this is Brendan. Oh, Brandon. Yeah, Brandon, Brandon Burchard is, yes. This is Paulo Coelho. And I go, hey, I go, what? And what happened is my publisher had given him my contact because he was launching a new book. And he wanted some help with it and saw what I was doing in the US with these big book launches. And I got to fly out and spend some time with him at his home and, and we did all this.

• 25:22Ed Mylett?

  Wow, wow, wow.

• 25:24Brendon Burchard?

  Oh, yeah, I brought, I brought out, by the way, what was the early version of Breach Gang, our mastermind, we brought them out. So David Bach and Jeff Walker and a couple of others, we brought them out. We had a day with Paulo. It was amazing. I spent another day and a half with him. And then we did a bunch of interviews and things for his book. I, I shared the story. Because he was one of my heroes and I really wanted to meet him. When I went to sit down with him, one thing that blew my mind was he said, uh, we have four hours to work. Genius works in four hours. You have to commit to this time. And in this amount of time, we're going to really go. Now, I didn't know his real intention and intensity about it, and I kind of forgot about it.

• 26:06Brendon Burchard?

  I thought it was going to be there the whole day. At the end of four hours, he stands up. It's like, that's it.

• 26:12Brendon Burchard?

  That's what, that's what we had, you know, put out those little cookies and a little tea. It was the end of the day and it ushers me out of the house. And it really taught me the power of like really committing to time and to your craft and being all in on it.

• 26:30Ed Mylett?

  Yeah.

• 26:30Brendon Burchard?

  Flew across the world. We got four hours to be all in on this section. And it really, it, it changed me forever because I just think a lot of people, even in their own craft, they're so lackadaisical, they don't. I'm deciding in this four hours, I'm gonna crush it.

• 26:46Ed Mylett?

  Yes.

• 26:47Brendon Burchard?

  Instead, they wander through the four hours, opening forty tabs.

• 26:50Ed Mylett?

  Yes.

• 26:50Brendon Burchard?

  They get nothing done. He was all in on his craft and his time.

• 26:55Ed Mylett?

  Yeah.

• 26:55Brendon Burchard?

  I was, it blew my, just like.

• 26:58Ed Mylett?

  Do you think, do you think the four hour thing was his belief, which by the way, I tend to have some agreeance to, that you, the sustainability of all in in certain increments is a window of time. And then you do need to breathe and recuperate and rest and recalibrate. Do you think that's why it was four hours?

• 27:14Brendon Burchard?

  I think so, yeah, because he believed you could do two of those blocks a day. So we do that. Then you'd go away, then you'd have, you know, dinner and another working session.

• 27:22Ed Mylett?

  Yeah.

• 27:23Brendon Burchard?

  And, but I think that his ultimate, the thing that blew my, the decision and the genius was,

• 27:29Brendon Burchard?

  we're gonna decide to work really hard for four hours. How often do we do that in the modern era? Instead, we go, I go to work, I'm gonna work hard all day. And, and the truth is, you're distracted half the day. Decide to be all in on a block of time is one of the great lessons I've ever learned. That's how decisive people get a lot done. They're making decisions to really go at something for blocks of time. And I think you can't separate great decision making or action without talking about time blocking. I think the other thing hit me so hard when you were talking about you made the decision, you're all in on it, is the emotional freedom everyone listening can have.

• 28:12Brendon Burchard?

  If you learn to own the decisions you've already made. I don't know if you were there, but a guy stood up at Ultra, and he was struggling. He's like, I used to be so driven, I was so focused. And I asked what happened, and he'd just recently broken up with a girlfriend. They were together for a while, not the one, they broke up. It was kind of tearing at him a little bit. And now he was kind of, lost his confidence in his edge. And I said, well, who made the decision for the breakup? He says, well, I did.

• 28:49Brendon Burchard?

  I said, okay, and now you're struggling. How, how long ago was this? It was weeks ago. And what was happening for him is his emotions were still unsettled about a decision he made. He can't take back. It's done. And I think a lot of people live with all this weight of decisions they made. And it was the right decision, but they never owned it. If he owned that decision, that's the decision. This is not the right person. Then he can freely and joyfully go after new people. When he made that decision, even though it hurts and even though it's sad, there's a time for that. But when you're weeks and months later, it's about, oh, I'm not living now free

• 29:33Brendon Burchard?

  because I made the right decision. So we have to learn to own the past decisions. A lot of people, their confidence is so low because they're still mad at themselves about a decision they made when they were seventeen years old. They're still beating themselves up about a decision they made about their first business. They're on the third one.

• 29:50Ed Mylett?

  You're right.

• 29:50Brendon Burchard?

  Part of living freely is owning the decisions. Okay, I owned it. I'm more responsible. I'm complete. I'm full. I'm good with that. Because here's the psychological trick. If you hate yourself for decisions you made in the past, no wonder you're not making any now.

• 30:07Ed Mylett?

  Wow, Brennan. Every time you and I get together on the show every month, I know, you know, you, I get the same message you do. Thousands of people are like, this is just fire every single month when these two guys get together. Particularly today, because what you just said is past regret, beating oneself up, losing confidence and faith in oneself, looking in the rearview mirror of previous decisions is exactly why people don't make decisions to this day. Another thing you said that's really true, you said freedom. I think there's a misnomer that when you make a total commitment to something that you lose freedom. And I think the absolute contrary is true. I think a total commitment to a business creates freedom. Because now you can be laser focused and obsessed in that environment. I think a total commitment in a relationship, you haven't lost your freedom.

• 30:51Ed Mylett?

  You've gained the freedom because now you're not constantly looking around and navigating all of the time. That's bondage. Bondage is having a million different options and different things in life. And the reason decision making is so important is we're in a world today where the options appear to be so vast and so much more than they used to be. Take someone who's dating. They went on a great date. You know, last night and but they're on an app. And before that would be, maybe I'll make an investment in that relationship now before they even get back on their phone. Ding ding ding ding ding. They've got nine more options. So it's not really a commitment. And in business, there's all these different things. This coach, this guru, this idea, this software, this make a decision.

• 31:35Ed Mylett?

  That will create the freedom. The lack of freedom is all these options. Options do not give you freedom. Now, I know that you know, you know, certain countries limit our ability to do things. I get that having choice and free will is not what I'm discussing. What I'm saying is the lack of total commitment to something is a lack of freedom. There's something freeing. And the reason that matters so much is because you said this earlier, too. I think most people underestimate the amount of focus, the amount of obsession that it takes to be great at something, to get incredible. The laser focus, and by the way, with the brakes, but you've got lots of options. There's this adage of all millionaires have multiple streams of income. That's a fact that's not true.

• 32:21Ed Mylett?

  So what most people hear when they say this, they go, well, I gotta have nine different businesses. No, you don't. Nine different businesses, when you're starting out as a startup, you're going to be broke. Because you have to deplete your focus. You gotta decide on one. Here's the truth. Most people became millionaires in one business. And then when they became a millionaire, then they diversified and have six or seven or eight multiple streams of income. So it's a fact that's not true. You, if I'm full speed and if I was trying to be an NFL quarterback, and so were you. But you also played golf, soccer, polo, and you were a competitive swimmer. And I'm trying to play quarterback full time.

• 33:04Ed Mylett?

  I'm gonna kick your butt because I'm laser obsessed focus on getting great at something. And you've depleted yours through too many options. So options are a killer of decision making and they're a killer of freedom. I believe this very strongly. And I know you do, too. You've got all kinds of streams of income now. But on your climb, you got great at something, right? You got a great at something, then you diversified. True?

• 33:31Brendon Burchard?

  That's exactly true.

• 33:33Ed Mylett?

  Yep.

• 33:33Brendon Burchard?

  That's exactly true. I think one way to look at it for people is if you have a high level of distractions in your business.

• 33:44Brendon Burchard?

  The problem is, all your decision making is going all across of them. You're not making any bold moves. And so, most people who build well, they made a bold decision. They went all in on something. They built it up.

• 33:58Ed Mylett?

  Yep.

• 33:58Brendon Burchard?

  I also think that's just a good rule of thumb is, hey, if you feel like you have a lot of distractions, I promise you're making less decisions.

• 34:09Brendon Burchard?

  You really are. The distractions is a symptom of less decision making.

• 34:17Brendon Burchard?

  When I'm super distracted, it means I didn't decide, did I? I didn't focus. I didn't choose. I'm just, I have all these distractions. So I think people have to learn, it's like, no, no, no. You gotta really choose. You gotta narrow. You gotta focus. That's so important, which I know everyone knows, but I think you're exactly, I think you really nailed something earlier at about, there's so many choices.

• 34:40Ed Mylett?

  Yes.

• 34:41Brendon Burchard?

  I mean, I think about, I'm glad in my life, I chose two or three mentors. You know, you and I both were moved by work of Wayne Dyer.

• 34:50Ed Mylett?

  Yes.

• 34:50Brendon Burchard?

  I, I was like, there's, I went to the bookshelves, there's hundreds of books. I said, I'm gonna buy all his.

• 34:56Ed Mylett?

  Yep, that's what I did.

• 34:57Brendon Burchard?

  Yeah, it's like, it's like, I didn't chose, I didn't try to follow 70 people. I was like, I'm gonna follow two. And I'm really gonna go deep with them. And I think having a mentor is a decision, not trying to have everybody, but just pick that one and, and spend a year with them.

• 35:14Ed Mylett?

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• 35:59Ed Mylett?

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• 36:42Ed Mylett?

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• 37:15Brendon Burchard?

  I also want to say this. If distractions are a indicator or a symptom of fewer decisions, I want to say something too. So is mental fatigue.

• 37:32Brendon Burchard?

  If you are wiped out, you are burned out, your brain is just exhausted. You don't even have any creativity or drive anymore. I guarantee it's because you're not being decisive.

• 37:45Brendon Burchard?

  It's adding up all those distractions, all those parallel efforts, all those, it's like, if you want greater peace of mind, it is being more decisive. So you can focus on fewer things and really cultivate them and build them and see them through versus being torn apart in a hundred different ways. And a lot of people mentally are torn apart in a hundred different ways right now. They're so distracted and they have so many open lines of opportunity and things. Their brain is exhausted all the time. So they're not doing any of them. Well, just like your metaphor of being the quarterback and focusing on that versus 12 other sports.

• 38:24Ed Mylett?

  You're right. I have, we all have that friend. You guys know that friend you have like, they just seem to have it figured out. You have that friend? You're like, you know, that one's like, gosh, man, they just win. Like they make smart decisions, you know, and you're almost like, if I just copied them, my life would be better. Of course, that's not true. But you know, think about that one person you have, you're like, man, it's just, they got it going. They just, they call the right, they seem to know stuff. Other people don't seem to know. You know how y'all have that person? Okay. You know the person I'm talking about?

• 38:53Brendon Burchard?

  Totally. I think of you that way personally.

• 38:55Ed Mylett?

  Well, that's who I think of. I think of you.

• 38:57Brendon Burchard?

  I watch Ed win all the time. I'm like, I don't know how Ed does it.

• 39:01Ed Mylett?

  I mean, I am not just saying this so that we're both compliment each other. I was leading to that person's you for me. He just seems to, I don't know, you always feel like they got inside info. You know what I mean? Like they just know stuff. Other people don't know. I appreciate you saying that that person's me for you. But truly Brendan, you're that person for me. And I think you're an incredible decision maker, which is why when we started to discuss what we were going to cover today, I really immediately gravitated to this topic. So I'm curious, like for you, when you make decisions business wise, Brendan is just, you guys, he's just, he's remarkable. Okay. So are there any criteria for you? Like if you're going to invest in something versus not invest, you bet on the jockey or the horse, you know, is it, is it cerebral? Are there any other like tactical

• 39:45Ed Mylett?

  things that when you're making a decision is part of your process and decision making for you? Cause you are, I mean this, I mean, we all have lots of very successful friends, but when I think of that person, I think of you, who I think this person. Like if I'm making an important decision, frankly, you guys, at this stage of my life, I think I'd call Brendan. And say, hey, man, I'm about to make this decision. What do you think? Probably that person I would call is Brendan. I don't even, I wouldn't even, I'll amend probably. He is that person that I would call. So.

• 40:14Brendon Burchard?

  I'd be the same for you.

• 40:16Ed Mylett?

  Thank you, brother.

• 40:16Brendon Burchard?

  Voice text. The first thought would be, I got a voice text ad.

• 40:20Ed Mylett?

  I appreciate that. I mean, I really do.

• 40:22Brendon Burchard?

  I want to hear your, your answer on that, too.

• 40:25Ed Mylett?

  Okay, go ahead. You first.

• 40:27Brendon Burchard?

  I'll keep mine Montana simple for everybody, but this will be, I promise. If everybody listening, if you would write what I'm about to share with you down. It's an equation that I use. And I mean, literally, it's an equation, because if I don't, I'm lost. It's, it's an equation and an acronym. So here's what it is. The terms of any deal, the terms of any opportunity. What, meaning what it takes to do the thing, has to be less than what we would consider the output, right? So the input has to be less than the output. But watch this. Let me take the terms into an acronym. So terms stands for time, energy, resources, money.

• 41:13Brendon Burchard?

  And the one everyone messes up with when they're thinking about decisions, sanity. So if you write down terms, T E R M S, time, energy, resource, money, insanity. So whatever opportunity is, first I look at that. I go, okay, what's my time? How much of my energy? What level of my resources or my team, any money? And how much of my sanity has to go into this? That has to be less than what I get out. And what I'm focusing on, on the out is first return on investment, ROI. Everyone knows that one, right? Does it pay out? Does it, does it equal out? Return on investment plus F V, which stands for future value.

• 41:58Brendon Burchard?

  I mean, I don't, I don't want just a return on investment. What's the future value of that opportunity? The future value of that business, the future value of what could be there in that relationship? Or that opportunity? Plus, personal growth, like will I grow doing it?

• 42:18Brendon Burchard?

  Plus lifestyle. Does my lifestyle get better over time or worse?

• 42:24Brendon Burchard?

  So on one side, I know I don't have a visual, but you can also, if you're watching this video, I'm literally telling him this. I'm not looking at anything. I've done this so many times in my head. So I'll summarize it. I have an opportunity coming up. First, I go, okay, how much time, energy, resource, money, insanity terms have to go in this thing? I need to make sure that that is less than the ROI plus the future value, plus the personal growth I feel, plus the lifestyle that will improve. If that's not true, if I got to put more time, energy, resource, money, insanity, and I don't get a good ROI, future value, growth, or lifestyle, it's a no. And it's the easiest no ever.

• 43:08Brendon Burchard?

  If I didn't have that equation, I would be screwed because I'm a people pleaser.

• 43:13Ed Mylett?

  You are, so am I.

• 43:14Brendon Burchard?

  I'll be like, yes, yes, yes, and yes. But I never, and Ed knows this about me, I never say yes that quickly, except for once I'm all in. But in almost every area, when someone comes to me of something, I go, that sounds fascinating. Let me think about that.

• 43:28Ed Mylett?

  Yeah. And then I'll Add to that because I think that's so good. I don't like adding to things that don't need any more additions. But what I, what I will say for me, as one, the energy thing we share in common so dramatically, I really evaluate what energy is this going to require from me? What will I be left with and what energetically will I get back from it? And energy is my number one currency in my life. And by the way, part of, part of energy can come from actual currency. I can gain a lot of energy from having a lot of money from something too. So that is an energetic addition for me. If it's financially rewarding. The other two things I always ask myself is, do these things, this decision, if I make it, does it align with my values and/or my mission?

• 44:13Ed Mylett?

  And my cause. And so when I say values, I don't just mean ethically or morally, although I do mean that. But there are things I value in my life now, like bliss, like peace, like harmony, um, like ecstasy and intensity and passion. And so I'll ask myself, does this, if I do this, does it give me more of what I value? Or does it contradict what I value? Morally and ethically is one thing. If it violates that, the decision's something I shouldn't do. We all know that. That's our intuition. This is, this is wrong, right? I shouldn't do this. But it's more than that. I value certain emotions and states of being. And I want to know whether or not this decision ultimately, long term, will deliver

• 44:58Ed Mylett?

  on giving me these things. And then there are certain things that are non-negotiables for me that I no longer want to feel. And if this is going to deliver to me things that I don't value, I mean, that I really want to avoid, is this going to contribute to my anxiety? This is going to contribute to a high level of anger or frustration for me? Then I don't want to do it at this stage. And so I'm not saying that you shouldn't do things that don't cause you stress or consternation or confusion because you should, because you should chase difficult things. I'm painting a distinction here, but does it align with my values long term? The other thing is, does it align with my mission? Or my cause or my crusade? And this, I'm talking about whether I decide to go to dinner with a couple on another Friday night.

• 45:40Ed Mylett?

  If these are folks that I'm going to go to, do they, do they align with my values? Do they align, if I go to dinner, these people are going to give me more of the bliss and peace and ecstasy that I want? The joy that I want, the passion that I want? Am I going to get those things if I'm associating with them or go to this dinner? Or does it take it from me? And then is it aligned with my mission? And part of my mission is to contribute to the lives of other people, to give them more bliss and happiness, more joy, hopefully more confidence, more peace, more faith. So I put it through that filter and it makes things more clear for me when they're blurry. And so when I'm on the fence especially, you know how you all have those things where you're like, this one I clearly should do. This is a no-brainer, or this one I definitely shouldn't do. Those are easy decisions, right?

• 46:23Ed Mylett?

  It's the ones where you're on the fence, it's in the middle, it's a little murky and gray, which means you don't see clearly. It's a vision issue. When I ask myself about things I value and my values and my mission and cause and crusade for my life, it clarifies my vision when I'm making a decision. And here's the other thing I've accepted, everybody.

• 46:45Ed Mylett?

  I'm gonna make a few bad ones. And that's okay. In other words, at the end of this conversation, you're hearing from both of us, I've already factored in. I don't know, fifteen, twenty percent, twenty-five percent of the things I decide. Aren't gonna work out the way I thought they would. I may be wrong about them. It's okay. Because I don't have a lot of regret about decisions I make if I've gone through the processes that we've discussed here today and the patterns. I have factored into my life. I'm fifty-two. I've made a lot of bad decisions. I've made a few really stupid ones, too.

• 47:21Ed Mylett?

  But some of the decisions I've made, they just didn't work out. They were for the right reasons, but timing changed, the person changed, I misjudged something, circumstances. You could call the perfect play in football. I just watched it this weekend. Wide open. It was this last weekend. The Chiefs had this amazing play all of you saw with. Uh, if you watch football, it was a pass to Kelsey at the end of the game, and then he reversed passes the ball back to this guy, I think, named Tony, who scores a touchdown. It was like, this amazing play. I probably have the players' names wrong. They're gonna win a very close game. And the referee threw a flag. And it negated the entire play. And guess why? The receiver who ended up scoring lined up off sides. His foot was a foot too far off sides.

• 48:04Ed Mylett?

  Now, does that mean the coach made the wrong decision to call the play? No. Does that mean Mahomes, the quarterback, threw it to the wrong guy? No. They did everything right, but sometimes circumstances are just gonna dictate. Not everything works out. That's why we have faith. Right? That's why we live another day. That's why every day is so valuable. So the last element for me, and then I'll let you finish yours, Brendan, is. I'm okay knowing going in, I could have the perfect formula and system, and in twenty twenty-four, twenty twenty-five, hopefully twenty fifty-five, if I'm still here. Some of the things I decide aren't gonna work out the way I think they will. However.

• 48:44Ed Mylett?

  I believe there's a grand plan for my life and some of God's greatest gifts are unanswered prayers to quote Garth Brooks, right? It's a lot of the things that doors have closed for me have opened up other ones. Jamie Kern Lima talks about sometimes God's rejection is God's perfection or protection, your protection. And so I'm okay knowing it gets me in the overall direction I'm supposed to be moving towards my true north. And that's okay. And it should be okay for all of you guys. So I'll let you have the final word on decisions, brother, because today's been so valuable for me. So I've decided to let you go last. So what would you add?

• 49:23Brendon Burchard?

  Oh, so brutal. I don't know. That is so valuable for people to hear, especially evaluating against your values and your mission. I think that really resonates. And I think that that by doing that is how you maintain your sanity in life. That's how you maintain your character. That's how you maintain that sense of integrity with your soul. Because if it just, you know, if you make those terms, equations, and you don't consider sanity, that happens when you stray from who you really are. It hurts later on. But when you get it right, it's just, it's game

• 50:04Brendon Burchard?

  changing. You feel like you're on purpose, you're on path. And when you're on purpose, you allow a lot of mess. When you're on purpose, you allow a lot of, you know, difficulty because you know, that's, that's what, it's hard. It's hard to live purposely. It's hard to make big decisions. So you have to give yourself that grace. And that's what people do. They, they have the bias of action, and they know they're going to pivot and move and weave and bob as they're moving in direction. Because most decision making is direction making. And you know, you're gonna move in that direction. And you're gonna get hit seven ways from this car and that car and this person, this thing and everything. And you're gonna get bounced around a lot, but you're moving swiftly in a direction.

• 50:49Brendon Burchard?

  You will find and bob and weave, just like, you know, a football player makes that decision of what that play is, or that fighter makes that decision of what the strategy is. They're gonna move with that, but they're gonna move with the opponent. They're gonna move with life. And so I think that's important is like just knowing, most decision making is direction making. And when you do that in the direction of your purpose, you almost always end up in better places. And then my last, I'll part it with this.

• 51:19Brendon Burchard?

  Be attentive to whether or not you're making decisions based on your current circumstances,

• 51:26Brendon Burchard?

  or your old circumstances, or their peer group around you. Is the decision you're making based on circumstances or community that you had or you have? Or are you making decisions based on the future you want to build?

• 51:44Brendon Burchard?

  Most people are operating based on their current competencies, what they know, what their current skill set is. And the job, if you want to have an extraordinary life, you gotta make decisions based on the ambitions you have for the future. Operate in motion towards that, not from what you are now or were, because you can learn, baby. You can grow, you can get better. And so make ambitious decisions because you can grow into the person in that direction you're traveling in.

• 52:17Ed Mylett?

  Very good. That's really good. Make decisions with some ambition because you can grow into that person. That's one of those, like he said earlier, go back and repeat that one to yourself and really, give yourself some chance to ponder what that means because most of us are making decisions at our current level of awareness. And that's their limitation and that's why, that's why our life repeats itself because we're making it out of our current level of awareness, without factoring in our own ambitions and capacity to grow. Really good, Brendan. Really good. This is why we do this here, everybody.

• 52:50Brendon Burchard?

  I love these sessions.

• 52:52Ed Mylett?

  I love it too. It's all right. All right, everybody. God bless you. Max out your life. We'll see you soon.

• 53:00Speaker 03

  This is The Enmired Show.