Photo from Getty Images. “The life of every man is a diary in which he means to write one story, and writes another; and his humblest hour is when he compares the volume as it is with what he vowed to make it.” – J.M. Barrie You know exactly what you want in life. But you can’t seem to get there. You have all these resolves. You’re going to get healthy. You’re
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April 12, 2025
The False Consensus Effect: Why People Assume that Everyone Agrees with Them – Effectiviology
The false-consensus effect is a cognitive bias that causes people to overestimate the degree to which their beliefs, values, characteristics, and behaviors are shared by others. Essentially, this means that the false consensus effect leads people to assume that others think and act in the same way that they do, even when that isn’t the case. For example, the false consensus effect could cause extremists to incorrectly assume that the majority of the
April 8, 2025
7 Business Models of the Next Decade
The Crowd Economy: Crowdsourcing, crowdfunding, ICOs, leveraged assets, and staff-on-demand-essentially, all the developments that leverage the billions of people already online and the billions coming online. All have revolutionized the way we do business. Just consider leveraged assets, like Uber’s vehicles and Airbnb’s rooms, which have allowed companies to scale at speed. These crowd economy models also lean on staff-on-demand, which provide a company with the agility needed to adapt