Find the Yellers
The biggest mistake entrepreneurs make in my situation is to surround themselves with people who tell them how great they’re doing, but won’t point out their critical flaws. Each time you meet a mentor or a friend, they’ll tell you how great you’re doing and how amazing you are. You can’t blame them either, they’re suffering from confirmation bias. They believe you are somebody who can change the world, so they favor information and facts that confirm this. However, most people who believe in your vision will also not warn you if you are making obvious mistakes to prevent yourself from succeeding, their minds will reject and ignore those thoughts.
This effect is known as disconfirmation bias, i.e. when we are presented facts that refute prior beliefs, they are subject to greater scrutiny. The classic study proving this phenomenon was done by Lord, Ross, and Pepper in 1979. They gave 48
Continue reading →