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How the Elite Make Decisions Think through your choices to avoid suffering the consequences of poor decisions.

By Peter Voogd

entrepreneur daily

Opinions expressed by Entrepreneur contributors are their own.

In this video, Peter Voogd talks about how every decision results in a consequence or reward that you need to deal with — in business and in life. He relates anecdotes about two people he knows who made poor choices that required them to deal with challenging consequences.

Voogd suggests making decisions based on information, due diligence and mentors' advice rather than emotion or the "guessing game."

Related: How to Cut Your Learning Curve in Half

Peter Voogd

Leading Authority for Young Entrepreneurs

Peter Voogd is the author of the best selling book 6 Months to 6 Figures, as well as the founder of The Game Changers Academy. He's a leading authority on Gen y leadership who has trainedand inspired well over 4,500 entrepreneurs with his true story of going from dead broke to a six figure income within six months. His podcasts, videos, websites and social media reaches more than 200,000 people monthly.

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