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58. Overcoming your biggest mental hurdle
Manage episode 425709894 series 3482080
Το περιεχόμενο παρέχεται από το Dr. Amy Backos. Όλο το περιεχόμενο podcast, συμπεριλαμβανομένων των επεισοδίων, των γραφικών και των περιγραφών podcast, μεταφορτώνεται και παρέχεται απευθείας από τον Dr. Amy Backos ή τον συνεργάτη της πλατφόρμας podcast. Εάν πιστεύετε ότι κάποιος χρησιμοποιεί το έργο σας που προστατεύεται από πνευματικά δικαιώματα χωρίς την άδειά σας, μπορείτε να ακολουθήσετε τη διαδικασία που περιγράφεται εδώ https://el.player.fm/legal.
"If your dreams do not scare you, they are not big enough." You've probably heard that quote out of a lot of people's mouths, but do you know who said it first? Ellen Johnson Sirleaf.
Have you ever noticed your "eyes are bigger than your stomach?" Ever take on a big project and lose steam half way through? This episode is how you can overcome projection bias to achieve big dreams and stay the course.
Projection bias is an overestimation of how much our future selves will hold the same values and beliefs as our current selves. And this overestimation is essentially a miscalculation, and it leads us to making decisions that can be extremely shortsighted. In behavioral economics, projection bias refers to people's assumption that their tastes or preferences will remain the same over time, and the original article came from Lowenstein et al. 2003.
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