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    • Cultivating a 'scout mindset' for better decision makingSeeking constructive feedback, understanding opposing viewpoints, and being intellectually honest can lead to better decision making. Cultivating a 'scout mindset' can help reduce errors in thinking and navigate complex situations with ease and precision.

      Having a "scout mindset" can significantly improve how we approach life and make better decisions. The scout mindset, as described by Julia Galef, is the motivation to see things as they are, rather than how we wish they were. This mindset involves seeking out constructive feedback, understanding opposing viewpoints, and being intellectually honest. It's important to note that we're not always in this mindset, and often default to a "soldier mindset" where we defend our beliefs against evidence that contradicts them. By cultivating a scout mindset, we can become more open to new ideas, reduce errors in our thinking, and ultimately make better decisions. Whether it's in our personal or professional lives, adopting this mindset can help us navigate complex situations with ease and precision. Mercury and Wise, the companies mentioned in the discussion, offer solutions to simplify financial operations and international money transfers, allowing individuals and businesses to focus on their goals with confidence.

    • Soldier vs Scout Mindset: Reasoning and TruthShifting towards scout mindset, characterized by objectivity and clear-eyed reasoning, can lead to better decision-making in difficult situations.

      The book "Thinking, Fast and Slow" by Daniel Kahneman introduces the concepts of "soldier mindset" and "scout mindset" as alternative ways of thinking about reasoning and truth. The soldier mindset is characterized by trying to fortify beliefs and shoot down opposing arguments, while the scout mindset involves being clear-eyed and objective, especially in difficult or life-threatening situations. The author emphasizes that no one is a perfect scout or soldier, but that shifting towards scout mindset can lead to better decision-making. One inspiring example of a scout mindset in action is that of explorer Stephen Callahan, who, despite being stranded in a life raft in the Atlantic Ocean with little food and water, kept a clear head and made objective decisions about his chances of survival. He also found ways to satisfy his emotional needs without deceiving himself, such as writing a memoir for future use. The book offers numerous examples of people acting as scouts and encourages readers to adopt this mindset in various aspects of life.

    • The Dreyfus Affair: A cautionary tale of biases and closed-mindednessThe Dreyfus Affair highlights the dangers of personal biases and rigid thinking, emphasizing the importance of an open and adaptive mindset for effective problem-solving and decision-making.

      The Dreyfus Affair in French history serves as an intriguing example of how personal biases and a closed-minded mindset, or soldier mentality, can lead to wrongful convictions. Alfred Dreyfus, the Jewish army officer falsely accused of being a spy, was a scapegoat due to his religious background and the prejudices of the investigating officers. However, a new leader, Colonel Picquart, who also held biases against Dreyfus, defied the groupthink and pursued the truth, ultimately leading to Dreyfus' exoneration. Contrastingly, Spock from Star Trek, often portrayed as the epitome of rationality, is criticized for being a poor scout in the book due to his lack of emotional intelligence and inflexibility, which can hinder effective problem-solving and decision-making. Overall, the Dreyfus Affair and Spock's character serve as cautionary tales about the dangers of relying solely on personal biases and rigid thinking, emphasizing the importance of an open and adaptive mindset, or scout mentality, for better decision-making and understanding of complex situations.

    • Star Trek's Spock: A Poor Example of Logical Decision-MakingDespite being known for logic, Spock's confidence in predictions was often misaligned with reality, leading to missed opportunities and failure to learn from mistakes. A better approach emphasizes calibration, curiosity, and a scout mindset.

      The character Spock from Star Trek, while often portrayed as the epitome of logical reasoning, is actually a poor example of calibration and curiosity in decision-making. The author, in her book, analyzed Spock's predictions throughout the series and found that his confidence in his beliefs was often misaligned with reality. When Spock expressed high confidence in something, it rarely happened, and when he expressed high confidence in something not happening, it usually did. This lack of calibration led Spock to overlook important information and fail to learn from his mistakes. The author also criticized Spock's lack of curiosity when his expectations were confounded by reality. By not investigating why things didn't go as expected, Spock missed opportunities to improve his understanding of the world. The author's perspective on rationality has evolved from simply identifying cognitive biases to emphasizing the importance of calibration, curiosity, and a scout mindset that embraces uncertainty and confusion. This shift in perspective is reflected in her book and her ongoing work.

    • Motivation to recognize and correct imperfect decisions is crucialUnderstanding cognitive biases and logical fallacies isn't enough, the motivation to use that knowledge to improve decisions is key. Context also plays a role in decision-making mindset.

      Simply providing people with knowledge about cognitive biases and logical fallacies is not enough to help them improve their decision-making skills. Instead, the motivation to recognize and correct imperfect decisions is crucial. The speaker shares his experience of observing people who are knowledgeable about these biases but do not use that knowledge to reflect on their own mistakes. He now focuses more on inspiring the desire to see things clearly and make better decisions, rather than just educating people about the concepts. Additionally, the context in which one adopts a particular mindset, such as a competitive tech startup, can influence the decision. Stay tuned for more insights on this topic.

    • Entrepreneurial Success and Soldier vs. Scout MindsetEntrepreneurs like Jeff Bezos and Elon Musk achieved success with a clear-eyed, realistic perspective, called a scout mindset, instead of relying solely on a soldier mindset's unwavering confidence.

      The belief that having a soldier mindset is essential for entrepreneurial success is not always accurate. Contrary to popular belief, entrepreneurs like Jeff Bezos and Elon Musk have shown that having a clear-eyed, realistic perspective, or a scout mindset, can also be effective. These entrepreneurs acknowledged the risks and uncertainty of their ventures but were motivated by the potential rewards and their belief in their abilities. They didn't let doubt deter them from pursuing their goals. Instead, their transparency about their chances of success made them influential and attracted support from investors, employees, and the media. The key is not to completely abandon a soldier mindset but to strike a balance between confidence and realism.

    • Embracing uncertainty with a scout mindsetSuccessful entrepreneurs like Jeff Bezos and Elon Musk demonstrate that having a scout mindset, which acknowledges challenges and uncertainties, doesn't hinder success. Social confidence, not unwavering belief, is crucial for influence and persuasion.

      Having a scout mindset, which involves being intellectually honest about challenges and uncertainties, doesn't necessarily hinder success as entrepreneurs, contrary to the common belief that a soldier mindset of unwavering confidence is essential. Jeff Bezos and Elon Musk are examples of successful entrepreneurs who embraced scout mindset while acknowledging the real possibility of failure. Their social confidence, which includes speaking confidently and taking charge, was a more important factor in their influence and persuasion. However, it's important to note that drawing definitive conclusions about the relationship between mindset and entrepreneurial success is challenging due to the complexities and limitations of available data. The book's main message is that confidence and happiness can be achieved without sacrificing clear-sightedness. While soldier mindset can work, there are alternative ways to obtain the desired outcomes.

    • Adopt a Scout mindset for effective activismStay open-minded, question, revise, and consider alternative perspectives for impactful activism.

      While having a strong optimistic mindset can be valuable in certain situations, such as entrepreneurship or activism, it's important not to let it overshadow clear-headed analysis and flexibility. The "soldier mindset" or "black and white self-righteous thinking" can be motivating, but it can also lead to missing potential risks or improvements. Instead, adopting a "Scout mindset" that allows for questioning, revising, and considering alternative perspectives can lead to more effective and impactful actions. However, this doesn't mean abandoning strong beliefs entirely, but rather holding them lightly and being open to criticism. In the context of activism, while passion and motivation are crucial, it's essential to recognize that not all actions are equally validating or impactful. Therefore, it's essential to evaluate actions based on their validating impact on identity and their actual impact on the goal.

    • Motivated by impact, not validation or identityShifting focus from validation to impact can lead to effective activism. Overcoming biases and defining identity strategically promotes open-mindedness and humility, ultimately leading to greater impact.

      Being motivated by impact rather than validation or identity can lead to more effective activism. The Humane League's shift from protesting to negotiating with agricultural companies, despite the lack of validation it may provide, resulted in significant improvements for animal welfare. Similarly, acknowledging and overcoming biases, even if they go against deeply held beliefs or identities, can lead to clearer thinking and better decision-making. The key is to define one's identity strategically, focusing on qualities that promote open-mindedness, humility, and a willingness to admit error. This approach can help activists navigate the complexities of their work and ultimately lead to greater impact.

    • Creating a supportive online community and filtering out bad faith critiquesFocus on constructive engagement and filter out noise to foster an open-minded and effective online presence

      Creating a supportive online community and filtering out bad faith critiques can make it easier to engage in productive online discourse and improve one's thinking. Julia Galef, a podcast host and philosopher, shares her experience of dealing with online criticism and the importance of having an audience that rewards good faith arguments. She emphasizes the value of not feeling obligated to engage with everyone and the importance of setting standards for what constitutes a good faith argument. By focusing on constructive engagement and filtering out the noise, one can foster a more open-minded and effective online presence.

    • Setting standards for good faith engagement onlineFilter out insults and engage with those who show signs of good faith, but beware confirmation bias and ensure critiques are based on sound evidence.

      Maintaining an open mind and being a good listener online requires setting some standards for good faith engagement. This means filtering out those who hurl insults and only engaging with those who demonstrate some signs of good faith, even if they don't meet all the criteria. However, it's important to be aware of the danger of confirmation bias and to ensure that praise for one's beliefs is based on sound evidence rather than flattery or identity. This can be a challenge, especially for those who identify strongly with a particular community or ideology. When faced with critiques or points that challenge one's beliefs, it's important to consider them seriously and ask oneself how one would react if they were true. This can help lead to a peaceful acceptance of new information or a reaffirmation of one's beliefs, but with a greater understanding of their limitations.

    • Imagine potential outcomes and consider how to respondPreparing for worst-case scenarios can provide comfort and clarity. Be aware of your faults and habits, such as making assumptions or misreading situations, to be a better scout.

      Being prepared for the worst-case scenario, even in less dramatic situations, can provide comfort and clarity. This principle, known as scouting, involves imagining potential outcomes and considering how to respond. It helps us accept criticism or praise with a level head and think objectively. When it comes to being a better scout, it's essential to be aware of our faults and habits, such as making assumptions or misreading situations. For instance, being funny on social media can sometimes lead to missing nuances or misreading situations. To avoid this, taking an extra moment to double-check our understanding before sharing a joke can help us stay true to the scout mindset.

    • Vox Conversations Team's Invitation for Feedback and EngagementListeners are encouraged to share thoughts, suggestions, and ideas for future guests and topics, rate and review episodes, and tune in for a new episode every week. Vox is currently hiring a producer and an editorial director for their Vox Audio team.

      The Vox Conversations team is dedicated to creating engaging podcasts and values the feedback from their listeners. The theme music for their show was created by an intriguing character named BRAKE MASTER Cylinder. The team, led by VP of Audio at Vox, Liz Kelly Nelson, encourages listeners to share their thoughts, suggestions, and ideas for future guests and topics at Vox Conversations at Vox dot com. They also invite listeners to share the episode with friends, rate and review it, and tune in for a new episode every week. Additionally, they are currently looking to expand their team by hiring a producer and an editorial director for their Vox Audio team. To learn more and apply, visit vox.com/forward/careers. Overall, the Vox Conversations team is passionate about creating quality content and engaging with their audience.

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    Matt Higgins: Burn the Boats, Refuse to Die. Legendary Shark Makes the Case for No Plan B | E212

    Matt Higgins: Burn the Boats, Refuse to Die. Legendary Shark Makes the Case for No Plan B | E212
    Matt Higgins spent most of his teenage years taking care of his single mother and scraping gum off of tables at Mcdonald's. After he dropped out of high school at age 16, he graduated from Fordham Law School and became the youngest press secretary in New York City history during the September 11th attacks. Matt created an entrepreneurial career that has now spanned multiple industries. In today’s episode, Matt comes back on YAP to discuss his brand new book Burn the Boats and his winning formula to stop hedging and embark on a lifelong journey of breakout success! Matt Higgins is an Executive Fellow and teacher at Harvard Business School, and, through RSE Ventures, the private investment firm he co-founded, an investor in some of America’s most beloved brands. He was a Guest Shark on ABC’s Shark Tank, and became the youngest press secretary in New York City history during the September 11th attacks. He then helped lead the effort to rebuild the World Trade Center site as Chief Operating Officer before becoming Executive Vice President of the New York Jets and then Vice Chairman of the Miami Dolphins.  In this episode, Hala and Matt will discuss:  - Why Burn the Boats is Matt’s most important project - How “familiarity breeds contempt” - Why your Plan B should be eliminated - Compound decision-making - Cultivating your own belief in yourself - Ralph Waldo Emerson’s “Self-reliance” - Why Matt brought Kim Kardashian to Harvard - Who is cut out for being an entrepreneur - Harnessing the power of Linkedin - And other topics… Matt Higgins is a self-made serial entrepreneur with deep operating experience that spans multiple industries over his twenty-five-year career. Higgins holds dual roles as co-founder and CEO of the private investment firm RSE Ventures. His business-building acumen also earned him a spot as a recurring guest Shark on ABC’s Shark Tank during seasons ten and eleven. He is a prolific investor in the direct-to-consumer space and leveraged this expertise to become an executive fellow at Harvard Business School, where he coteaches the course “Moving Beyond DTC.”  A lifelong New Yorker, Higgins was appointed press secretary for the New York City mayor’s office at age twenty-six—the youngest in history—managing the global media response during the 9/11 terrorist attacks before ultimately becoming chief operating officer of the Lower Manhattan Development Corporation. After transitioning to the private sector, he spent fifteen years in senior leadership positions with two National Football League teams, starting as EVP of business operations for the New York Jets before serving as vice chairman of the Miami Dolphins for nearly a decade. Resources Mentioned: Matt’s Website: https://www.burntheboatsbook.com/ Matt’s LinkedIn: https://www.linkedin.com/in/matt-higgins-rse/ Matt’s Twitter: https://twitter.com/mhiggins Matt’s Instagram: https://www.instagram.com/mhiggins/?hl=en Matt’s Facebook: https://www.facebook.com/ManifestorMindset/ Matt’s Podcast The Manifestor Mindset: https://podcasts.apple.com/us/podcast/the-manifestor-mindset/id1517691358 Matt’s book Burn the Boats: https://www.amazon.com/Burn-Boats-Overboard-Unleash-Potential/dp/006308886X Shark, Matt Higgins: Attacking Entrepreneurship | E145: https://podcasts.apple.com/us/podcast/young-and-profiting-with-hala-taha/id1368888880?i=1000544767334 LinkedIn Secrets Masterclass, Have Job Security For Life: Use code ‘podcast’ for 40% off at yapmedia.io/course. More About Young and Profiting Download Transcripts - youngandprofiting.com   Get Sponsorship Deals - youngandprofiting.com/sponsorships Leave a Review - ratethispodcast.com/yap Watch Videos - youtube.com/c/YoungandProfiting Follow Hala Taha LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ TikTok - tiktok.com/@yapwithhala Twitter - twitter.com/yapwithhala Learn more about YAP Media Agency Services - yapmedia.io/