Mental model: Owning The Frame

We tend to decide between one option or another, and we believe that these are the only options, but the reality is that we have more options most times.
Today I want to talk to you about Owning The Frame. A mental model will help us see more options and make better decisions. How?

  • Vanishing options: let’s assume that one of the options is not there. What would I do? Can I make the other option work?
  • This AND that: Can I make both decisions work together?
  • Opportunity cost: What’s the cost of the decision(s)?
  • Gathering more information: Most times, I need to get more information before making a decision.

By implementing one or many of these tools, we can see better options and improve our outcomes.

Second-Order Thinking

It’s very easy to take bad decisions, thankfully there are mental models that can teach us how to think and how to take better decisions.

Second-order thinking is a mental model that helps us find the long term consequences of our decisions and thus help us make better decisions leaving the immediate gratification behind. It’s very easy to think about the immediate results and forget about what’s going to happen after, that’s why this model brings a very important question: “Then what?”

From now on, I will start asking “then what?” every time I need to make a decision, it’s an habit I want to build.

If you’re interested about this and other mental models, I recommend you read fs.blog