Erika Jones, CFO, CCTAProfit First Professionals · Certified Fractional CFO and Profit First Professional

Recession Response- The 10-10-10 Method by Suzy Welch

10 Apr 2020 · 1 min

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0:55

In this brief instructional video, the speaker introduces Suzy Welch’s 10‑10‑10 decision‑making framework as a tool for thoughtful consideration amid fast‑moving circumstances, such as a recession. The method asks the user to write down a decision and then record how they expect to feel about it in three time frames: 10 minutes, 10 months, and 10 years. By contrasting immediate emotional reactions with mid‑term and long‑term perspectives, the approach encourages more balanced, less impulsive choices. The speaker points listeners to a downloadable document at recessionresponse.com and additional tips at mikemotorbike.com, positioning the method as a practical resource for navigating short‑term pressures while keeping an eye on future consequences.

Chapters

Considering how fast things are moving right now, we need a tool for thoughtful consideration. I want to share with you the 10-10-10 method. Now this document, you can download it@recessionresponse.com this is a tool developed by Susie Welch. It's documented in her book called 10-10-10. The idea is this. Write down what you're considering. Then write down how you will feel about that in the next 10 minutes. What's the sense of relief or excitement or frustration or fear. But then what? How do you feel about it in the next 10 months and then how will you feel about it in the next 10 years? Most considerations we think only about the immediate impact. That's the only consideration. But we need to consider the midterm and long term consequences. And by doing this you put much more thoughtful consideration into anything that's in front of you. For more tips like this go to mikemotorbike.com and to get more recession response related tips go to recessionresponse.com.