Summer Rewind: All Money Ain’t Good Money

Biggest Takeaways You Don't Want to Miss:
  • We are being asked to make decisions quickly in the face of a crisis, but “All money ain’t good money.”
  • Every decision you make will have short-term trade offs and long-term consequences. If you don’t consider these, you may make a decision you will regret 6 months from now.
  • Be mindful of the habits you are building in crisis. These will be hard to break when we get to the “new normal.”
  • Builders are strategic in their decision-making. By taking time to consider the long-term consequences, you can avoid making decisions you’ll regret later on.

We're continuing our Summer Rewind series by revisiting one of my favorite seasons where we delved more deeply into several "Mindstep-isms" and today's episode is one of my favorites from that season: "All money ain't good money." It's actually something we say around the office all the time.

In fact, it's become a huge part of how our culture makes decisions. And, given the rapidly-changing times we're in right now, it's particularly apropos. You see, the habits you establish now for your school will be hard to break later. That means you must think carefully about the long-term consequences of the decisions you make in times of crisis. 

So, if you're trying to figure out how to navigate the days ahead, especially when things are changing all the time and there's a growing sense of urgency that demands that you make decisions quickly, then you need to listen to this episode and discover how to make the right decision #LikeABuilder.

Check out these highlights:

  • What getting beat at “hard core” dominos taught me about making decisions.
  • The hidden danger of making quick decisions.
  • Why “All money ain’t good money” has become a mantra in the Mindsteps offices.
  • The reason you should be careful about introducing new habits to your team right now.
  • The unintended consequences of fast decisions.
  • 3 questions you must ask yourself before you make a quick decision.
  • How short-term decisions have long-term consequences.
Links mentioned in this episode:

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