Business Mistakes to Avoid, with Dr. Gleb Tsipursky

Published: Dec. 2, 2020, 9 a.m.

Business mistakes to avoid\u2014Learn strategies to shift from an obligation to an opportunity mindset, guiding leaders through the\xa0business mistakes to avoid.

Believe it or not, cognitive science can help us make better business decisions and know the\xa0business mistakes to avoid. Dr. Gleb Tsipursky is a behavioral economist and cognitive neuroscientist who is an expert at helping business owners recognize and overcome their internal \u201ccognitive biases.\u201d\xa0

In this episode of Onward Nation, Dr. Tsipursky explains the science of decision-making and shares how our tribal instincts often lead us to make the wrong \u201cgut decisions.\u201d\xa0

He outlines a realistic timeline of the global pandemic and shares tips and strategies for better judgment and taking the right risks while avoiding the wrong ones so that your business can navigate the pandemic and come roaring out the other side.

What you\u2019ll learn in this episode is about\xa0business mistakes to avoid:\xa0
  • How Dr. Gleb\u2019s family life as a child informed his decision to study the behavioral science of risk-taking and decision-making in his career
  • How Dr. Gleb\u2019s work lies in helping business owners identify and recognize the negative patterns within their decision-making processes that lead to business mistakes
  • How the \u201cgut instincts\u201d humans developed during our tribal stage of evolution often conflicts with the decisions we have to make in our modern world
  • Dr Gleb will share the guides for\xa0business mistakes to avoid
  • How our tribal instincts sometimes lead us to unfounded cognitive biases that lead us to make decisions that make little sense for our businesses
  • Why entrepreneurs often lean toward \u201coptimism bias\u201d, and how that optimism bias can negatively impact their decision-making and risk-taking
  • What steps entrepreneurs can take to avoid making decisions based on optimism bias, and what key five questions you should ask yourself to make decisions more effectively
  • Why resilience is the key to dealing with the long-term, lasting effects of the global pandemic and the chaos it has brought to business owners
  • Why the ongoing global pandemic is the \u201cnew abnormal\u201d, and why our lives will likely be disrupted for as long as seven years until we\u2019re back to normal again
  • Why the logistics of the vaccines currently in development mean that even once a vaccine is created it will take a long time to deploy to a critical mass of the population
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