Brunch & Budget

Replay: Survivorship Bias or How to Reverse-Engineer Success on a Budget

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Sinopsis

If I did it, so can you. That phrase sound familiar? If you just work harder, if you only wanted it more, if only… Survivorship Bias can be dangerous. Hard work is definitely needed to gain success, but it’s not the only factor. By believing in this mentality we are automatically doomed into thinking if we don’t succeed then we’re failures. But the world isn’t so two-sided. There are plenty of options and ways to achieve the success you want.Music featured in this episode:Survivors– Beni BjahSurvivors -Cphr DvnSurvivor – KolayahWant more? Subscribe to our show on iTunes! New episodes uploaded every Tuesday.Episode Highlights:Pam: Survivorship bias…it’s this idea that you survived and you don’t see who failed, so the people who talk about their success, the ones who survive are the ones who are like, “Well you can do it too if you do exactly what I did.”Pam: Failed companies are excluded in performance studies, because they’re gone and they failed.Pam: We’re all told the bootstraps story, the American Dream st