Regret Minimization Framework

Quality of life is important. People that live a healthy happy life, live longer. People that dare to take a calculated risk, have more success.

How do you spend your time wisely?

The concept of a Regret Minimization Framework is plain and simple, consider that you are at an old age and you are looking back on your life. From that perspective, you can now looking back and consider to minimize the number of regrets. If you project yourself to the age of 90 and think about your potential regrets, things might get a lot clearer.

My habits and activities that I will regret looking back to my life:

• Daily social media updates
• Checking emails constantly
• Checking apps, WhatsApp groups constantly
• Work Late
• Unhealthy Lifestyle
• Eat Unhealthy
• Hold a grudge
• Excessive alcohol / substances
• Stay up late
• Miss the mornings
• Obsessed over money
• Obsessed by social expectations

My habits and activities that I will/ would be proud of when I’m really old:

• Quality time with family, friends
• Read more
• Study online
• Follow a course
• Travel to new places
• Exercise
• Volunteering
• Mentor, coach, guide others
• Write more
• Eat healthy
• Lose a bad habit
• Work on self esteem

The founding father Jeff Bezos, who is famous for transforming his life a lot, while growing rich, once shared the following quote:

The framework I found which made the decision incredibly easy was what I called - which only a nerd would call - a 'regret minimization framework.' So, I wanted to project myself forward to age 80 and say, "Okay, now I'm looking back on my life. I want to have minimized the number of regrets I have."

Download this easily fillable Regret Minimization Framework template now.