Learn more about problemsolving with this collection
How to set new goals
How to take action towards a new life
How to create a plan for change
When we only pay attention to the exception above the normal, we end up misunderstanding reality. While there is much to learn from the anomalies, it would be a mistake to expect the same results from doing the same things.
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Survivorship bias leads us to think that coincidence is a correlation. We want the encouragement from survivorship bias so we can believe in our own capabilities, but it results in an inflated idea of how people become successful.
The fact is that success is never guaranteed. It does not me...
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Successful entrepreneurs teach us very little. We would do better by analyzing the causes of failure first and then the successes.
The huge failure rate for start-ups is often hidden. We will do well to recognize that these failures hold important information.
The only real similarity...
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We can overcome survivorship bias by considering the things that started on the same path but didn't make it. Try and figure out why they failed. If you're going to do something, make sure you are fully informed.
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Statistics of market performance can be distorted when they focus on the rare successes while excluding companies which collapse.
Business books laud the rule-breakers who ignore conventional advice and still create profitable enterprises. However, many misfit billionaires succeed in spite ...
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Survivorship bias is a logical error that twists our understanding of the world and leads to a wrong understanding of cause and effect.
We fall into survivorship bias when we assume that success stories tell the entire story of a product/business, while we don't properly consider past fail...
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CURATED FROM
For every question, there is an answer. For every problem, there is a solution. For everything else, there is an explanation.
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Our focus matters immensely in everything we do. The better we can pay attention, the more excellent the results in everything from learning to leadership.
There are many varieties of attention: getting a job done well requires applying concentration, for instance, while creative ...
Attention is a limited resource. Paying attention to one thing necessarily comes at the expense of another.
We cannot allocate our attention to multiple things at once and expect it to function at the same level as it would were we to focus on just one activity.
There is so much to absorb if we slow down and pay attention but we only interested in pushing our realities away; only concerned with doing whatever we can to avoid confronting that monkey in our heads. We continually want for more even though we never find ourselves satisfied. Doesn’t that in i...
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