• Home
  • Latest
  • Fortune 500
  • Finance
  • Tech
  • Leadership
  • Lifestyle
  • Rankings
  • Multimedia

Trendingnow

1

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

2

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

3

Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’

1

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic

2

Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less

3

Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
decision making

How to Make a Major Life Decision, in 9 Steps

By
Elaina Giolando
Elaina Giolando
Down Arrow Button Icon
By
Elaina Giolando
Elaina Giolando
Down Arrow Button Icon
June 23, 2016, 9:00 AM ET
Businessman standing at window in office
Paul Bradbury Getty Images
Add Fortune on Google for similar content.

I spent weeks preparing the application, went through two rounds of interviews, and finally, after months of anticipation, received an offer to join the 2016 class of a prestigious business fellowship. I was one of a dozen selected from hundreds, if not thousands, of applicants. And in the end, I said no.

Even as I write this I feel a tinge of regret. I mean, how could I say no to something that would have looked so good on my resume? And after all that work to finally get accepted? The network it would open up for me? The money?

Essentially my decision boiled down to a more important set of questions: Am I doing this because I really want to, or because it would look good? Am I doing this because I’m just too scared to say no?

Here’s a quick rundown of the strategies I used to find answers. Not only did they give me the confidence to turn down the fellowship, but they’re helpful for making a variety of major life decisions.

1. Try meditation.

For me, this involved 10 days of intense, silent meditation in rural India. But you don’t have to travel to the other side of the world for the same effects. Instead, set aside a quiet meditation space where you can listen to your heart. What does it communicate when it’s not panicked and inundated with other people’s ideas?

Temporarily removing yourself from all external stimuli and ideas of who you should be and what you should do allows you to access your own values and take ownership of the direction you want your life to take.

Related: Your Uber Driver Is Probably Working on a Hot New Startup

2. Monitor your physical reactions.

When I read the email offering me the fellowship, I immediately began to process it on an intellectual level. But then I took a step back to pay attention to the sensations in my body, an idea I learned in meditation. As it turns out, my mind was terribly confused, but my body had already given a clear answer.

When I thought about accepting the offer, all the muscles in my body became tense, but when I imagined saying no, I felt a physical wave of relief. By pausing to listen to the body, we can tap into our subconscious instincts about life.

3. Consider the best-case scenario.

We often envision the worst-case scenario before making a decision. But this line of thinking can quickly spiral out of control: “I should take this job because maybe another one won’t come along and then I’ll have a huge gap on my resume and I’ll never get hired again and will have to live in a van down by the river and then no one will ever love me and I’ll die alone with a lot of cats and chickens.” Oh, come on!

Instead of getting bogged down in theoretical disasters, I chose to envision the best-case scenario and make decisions based on that. This allowed me to make a decision unclouded by destructive, crippling doubt. Instead of the above, van-by-the-river scenario, when ruminating over whether to accept the fellowship offer, I thought the following: “If this opportunity came into my life, so will many others. My priority is to stay on purpose.”

 

I’m still figuring out what that purpose is, but I know this particular option isn’t it.

4. Avoid asking for direct advice.

Instead, I asked a few people close to me how they would make a decision like this, not what they would decide if they were me. It’s an important distinction: I solicited frameworks of decision-making, rather than the decision itself. In the end, I needed to make the call because I was going to live with the consequences.

5. Cultivate an “abundance mentality”

We’re taught there are never enough jobs, resources, money, time and space. Instead of succumbing to this scarcity-driven mindset, tell yourself: “If I work as hard to secure the next opportunity as I did for this one, I’m bound to be successful.” Hear that? Bound to be successful. Where there’s one opportunity, a dozen more await.

6. Analyze your tone.

When I listened to the voice in my head telling me to accept the fellowship, I heard empty justification. When I listened to the voice telling me to say no, I heard sincere conviction. Listen to the quality of your thoughts when decision-making — sometimes, it’s just as important as the content.

7. Resist FOMO

Ah, the epidemic of our generation. Pursuing things out of the “fear of missing out” is like taking medicine when you’re not even sick.

Life moves forward, not backward. Even if we miss out and feel regret, we have to keep moving forward. We can’t do everything that comes our way because we’re scared of what regret tastes like. Regret is part of life, and our time is finite. Choosing how we want to spend our days is an art we must all master.

Related: 7 Words That Can Help You Figure Out Your Life’s Purpose

8. Ask yourself: “Is this my exit?”

A friend put it this way: If you’re on the highway and the car in front of you takes the next exit, does that mean you also get off the highway? Of course not. You have your own destination, and you have to be clear-minded about where that is — or, at least, isn’t.

9. Embrace your fears.

Sometimes you must identify what you fear and then proceed in that direction. In my case, accepting the job would have been the safe, easy thing to do on a short-term basis. Saying no to something I knew I only wanted for the wrong reasons was the riskier choice. But I’m convinced it’s where the real opportunity lies.

About the Author
By Elaina Giolando
See full bioRight Arrow Button Icon
Add Fortune on Google for similar content.

Latest in

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025

Most Popular

Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Finance
Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam
By Fortune Editors
October 20, 2025
Fortune Secondary Logo
Rankings
  • 100 Best Companies
  • Fortune 500
  • Global 500
  • Fortune 500 Europe
  • Most Powerful Women
  • World's Most Admired Companies
  • See All Rankings
  • Lists Calendar
Sections
  • Finance
  • Fortune Crypto
  • Features
  • Leadership
  • Health
  • Commentary
  • Success
  • Retail
  • Mpw
  • Tech
  • Lifestyle
  • CEO Initiative
  • Asia
  • Politics
  • Conferences
  • Europe
  • Newsletters
  • Personal Finance
  • Environment
  • Magazine
  • Education
Customer Support
  • Frequently Asked Questions
  • Customer Service Portal
  • Privacy Policy
  • Terms Of Use
  • Single Issues For Purchase
  • International Print
Commercial Services
  • Advertising
  • Fortune Brand Studio
  • Fortune Analytics
  • Fortune Conferences
  • Business Development
  • Group Subscriptions
About Us
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • About Us
  • Press Center
  • Work At Fortune
  • Terms And Conditions
  • Site Map
  • Facebook icon
  • Twitter icon
  • LinkedIn icon
  • Instagram icon
  • Pinterest icon

Latest in

Top CD rates from major banks June 25, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
Personal FinanceCertificates of Deposit (CDs)
Top CD rates from major banks on June 25, 2026: Chase CDs, Bank of America CDs, Citibank CDs, and more
By Joseph HostetlerJune 25, 2026
1 hour ago
Current price of Ethereum for June 25, 2026
Personal FinanceEthereum
Current price of Ethereum for June 25, 2026
By Joseph HostetlerJune 25, 2026
1 hour ago
Current price of Bitcoin for June 25, 2026
Personal FinanceCryptocurrency
Current price of Bitcoin for June 25, 2026
By Joseph HostetlerJune 25, 2026
1 hour ago
Digital transformation technology strategy, IoT, internet of things. Businessman using smart phone with AI and Digital Icons design.
AICFO Daily
Top CFOs warn AI success depends on training employees, not just buying technology
By Sheryl EstradaJune 25, 2026
2 hours ago
Current price of gold as of June 25, 2026
Personal Financegold prices
Current price of gold as of June 25, 2026
By Danny BakstJune 25, 2026
2 hours ago
Current price of oil as of June 25, 2026
Personal FinanceOil
Current price of oil as of June 25, 2026
By Joseph HostetlerJune 25, 2026
2 hours ago

Most Popular

Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
Success
Now worth $200 million, Sarah Jessica Parker credits being ‘one of eight kids that struggled financially’ for her hunger, ambition, and work ethic
By Orianna Rosa RoyleJune 24, 2026
1 day ago
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
Retail
Amazon's record Prime Day masks a darker truth: Americans are spending more and getting less
By Nick LichtenbergJune 24, 2026
23 hours ago
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
Asia
Ray Dalio just finished a 10-day trip to China. He says global leaders know America ‘doesn’t have what it takes to fight to maintain its empire’
By Nick LichtenbergJune 24, 2026
1 day ago
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
Success
MacKenzie Scott alone accounted for one-third of America's $19.2 billion in megagifts last year
By Sydney LakeJune 25, 2026
7 hours ago
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
Success
After forcing workers back to the office, Goldman Sachs and JPMorgan Chase are now letting their staff work remotely—but only for the World Cup
By Orianna Rosa RoyleJune 23, 2026
2 days ago
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
Economy
Trump’s international student crackdown kicked off a domino effect that could shave nearly $500 billion off the economy
By Tristan BoveJune 24, 2026
20 hours ago

© 2026 Fortune Media IP Limited. All Rights Reserved. Use of this site constitutes acceptance of our Terms of Use and Privacy Policy | CA Notice at Collection and Privacy Notice | Do Not Sell/Share My Personal Information
FORTUNE is a trademark of Fortune Media IP Limited, registered in the U.S. and other countries. FORTUNE may receive compensation for some links to products and services on this website. Offers may be subject to change without notice.