By Jay Desko, Ph.D.
When Walt Disney was launching his first business, he borrowed $500 from his uncle. The uncle wanted to be paid back in cash, but if he had decided to be repaid with ownership instead, his initial investment would have been worth about $1 billion today! How’s that for a bad decision? We have all experienced the consequences of bad decisions, and we have all made at least a few of them! This article will address decision traps to avoid and give you steps towards making wise decisions.