
EP#9 Is it a Must or a Want? 5 Things You Need to Know About Making Decisions
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What makes a decision a great one? It often comes down to this: knowing your musts from your wants. In this episode of All We Know About the Stuff We Know, Dave and Ashley walk through the fifth and final “thing you need to know” about making better decisions—how to use decision criteria to cut through the noise and get clarity.
You’ll learn:
- Why a pros and cons list often leaves you more confused
- The difference between musts (non-negotiables) and wants (priorities, not requirements)
- How to apply this concept to everyday decisions (buying a home) and billion-dollar ones (relocating a production plant)
- What it looks like when teams use this process—and what happens when they don’t
From Ashley’s story about potentially living in a pool house to Dave’s consulting tale about a multimillion-dollar Boeing-related decision, we explore how identifying your musts early can save you time, money, stress, and possibly your marriage (or at least your Sunday afternoons spent arguing about acreage).
Mentioned in this episode:
- Our Decision Focus courses and workshops: https://www.focustools.com/decision-focus
- Check out our book! https://www.focustools.com/5things
- Watch us (and subscribe!) on YouTube: https://www.youtube.com/@focustoolsforlife
05:41 Decision-Making Framework Overview
08:03 Understanding Decision-Making Fears
10:10 The Importance of Decision Criteria
12:35 Cascading Decisions in Life
14:43 Defining Musts vs. Wants in Decision-Making
17:10 Applying Musts to Real Estate Decisions
19:33 Team Decision-Making Dynamics
22:25 Navigating Manufacturing Decisions
24:25 Establishing Musts and Wants in Decision Making
29:04 The Importance of Clarity in Decision Criteria
32:54 Applying Musts and Wants to Personal Decisions
37:14 Complex Decision-Making in High-Stakes Situations
44:10 The Impact of Clarity on Decision Outcomes