None of us are born a "tabula raza" (Latin for “blank slate”).
We come into this world with a psyche and personality.
As time goes by, and the experiences of life accumulate, we develop a lens through which we see the world.
That lens has a tremendous impact on how we build our businesses.
It creates cognitive biases that can impede or accelerate our business progress.
Scroll down for quotes from the audio below.
Confirmation bias is the tendency to interpret and remember information in a way that will confirm your preconceptions.— Pavlo Phitids, Aurik Business Incubator
Anchoring bias is the tendency to rely too heavily on one piece of information – normally the first piece that comes about – to make a decision.— Pavlo Phitids, Aurik Business Incubator
Imitation doesn’t work. You can’t create a Facebook by looking at Facebook and trying to make it better.— Pavlo Phitids, Aurik Business Incubator
People are more motivated by the need to avoid a loss than by a potential gain.— Pavlo Phitids, Aurik Business Incubator
Less capable people think they are more skilled than they are. Highly capable people think they are less capable than they are.— Pavlo Phitids, Aurik Business Incubator
As an entrepreneur you’re going to be quintessentially an optimist. Optimists are terrible at predicting what can go wrong.— Pavlo Phitids, Aurik Business Incubator
Make no mistake; strategizing to grow your business takes time. Yet, few business owners seem to have enough of it.
Finding customers is one thing; getting paid is another. Bruce Whitfield interviews small business guru Pavlo Phitidis.
Small business guru Pavlo Phitidis explains how to build a product business’ long-term revenue through building services.
Aurik Business Accelerator’s Pavlo Phitidis discusses how to increase the value of your business with technology.
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis.
Should you even try? The Money Show’s Bruce Whitfield interviewed Aurik Business Accelerator’s Pavlo Phitidis.
"As we speak there’s another standoff in Sunnyside, " says EWN's Barry Bateman.
Interested in sexting but worried about the risks? Dr Eve has created a guideline to help you 'sext' in a fun and responsible way.
A few months ago the dam was only 27% full.
M&G reports that Sars Commissioner Tom Moyane declared an intergovernmental dispute against Finance Minister Pravin Gordhan.
Tensions are high in Atteridgeville as a group calling itself Mamelodi Concerned Residents prepares to march against immigrants.
Former Eskom CEO Brian Molefe was sworn in as a Member of Parliament replacing Abram Mudau this week.
What does the Finance Minister's announcement on transfer duty threshold really mean for home buyers?
Worcestershire or "Wooster" sauce? The Queen's language can be over-rated and hard to get right! Listeners chuckle at themselves.
The Money Show’s Bruce Whitfield interviews TaxTim cofounder Marc Sevitz.