Chapter
Flawed Decision Making
28:54 - 32:16 (03:22)
The speaker discusses the influence of irrational decision making on sales and personal life.
Clips
The credit card processing industry is plagued with unscrupulous behavior making it difficult to gain trust from customers.
28:54 - 30:01 (01:07)
Summary
The credit card processing industry is plagued with unscrupulous behavior making it difficult to gain trust from customers. Salespeople often have a bad reputation due to the nature of the industry.
ChapterFlawed Decision Making
Episode#255: How to Turn Failure into Success
PodcastThe Tim Ferriss Show
The interviewee discusses their experience with a failed fifty-million-dollar mixed-use project due to a lack of sufficient storage space for potential buyers, causing sales to stall in phase one while also talking about their successful career in the real estate industry through selling "honesty and transparency."
30:01 - 31:16 (01:15)
Summary
The interviewee discusses their experience with a failed fifty-million-dollar mixed-use project due to a lack of sufficient storage space for potential buyers, causing sales to stall in phase one while also talking about their successful career in the real estate industry through selling "honesty and transparency."
ChapterFlawed Decision Making
Episode#255: How to Turn Failure into Success
PodcastThe Tim Ferriss Show
The speaker talks about how reading books on irrational thinking, such as Dan Arielli's "Predictably Irrational" and Daniel Kahneman's "Thinking, Fast and Slow," made them realize their own flawed thinking and decision making.
31:16 - 32:16 (01:00)
Summary
The speaker talks about how reading books on irrational thinking, such as Dan Arielli's "Predictably Irrational" and Daniel Kahneman's "Thinking, Fast and Slow," made them realize their own flawed thinking and decision making. They emphasize the need to question everything and recognize our own irrationality.