The Diary Of A CEO with Steven Bartlett cover image

The Psychology Master: The Colour That Makes You Attractive, How Your Name Determines Your Success & How To Become UNSTUCK In Your Marriage, Job, or Life!

The Diary Of A CEO with Steven Bartlett

00:00

Maximizer vs Satisficer: The Art of Decision Making

The concept of being a maximizer or a satisficer when making decisions has been around for about 70 years./nA maximizer is someone who seeks the very best in everything and is willing to invest significant time and effort to achieve it./nSatisficers are people who settle for options that are good enough and move on with their lives./nSome individuals fall in between and choose to maximize on certain important aspects but settle for good enough in less critical areas./nResearch shows that satisficers tend to be happier than maximizers./nKnowing when to maximize and when to settle for good enough is key to avoiding paralysis in decision-making.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app