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
Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis about his whirlwind fact-finding mission abroad.
The Money Show’s Bruce Whitfield interviews NicHarry founder Nic Haralambous.
The Money Show’s Bruce Whitfield interviews Aurik Business Accelerator’s Pavlo Phitidis for his weekly small business feature.
Small business guru Pavlo Phitidis gives advice on fighting for what you want in order to make your business happen.
Ray White (on The Money Show) interviews Standard Bank Incubator Jayshree Naidoo.
The Money Show’s Bruce Whitfield interviews Mantelli’s founder Simon Mantell for his weekly small business feature.
Spur CEO says staff aren't equipped for this kind of customer confrontation and he will consider reviewing their training manual.
What is rapper ProVerb’s attitude to the stuff that makes the world go ‘round (hopes and fears, successes and failures, etc.)?
The DA believes that raising taxes is not the answer to South Africa's economic woes and propose more cost-cutting for government.
How did Ngebulana build his empire? The Money Show’s Bruce Whitfield interviewed him for his weekly “ShapeShifter” feature.
How old are you? Financial advisor Warren Ingram discusses the five most important ages in anyone’s investment career.
WIN R2000! But only if you can prove you're a whiz of the MTN Biz Quiz by answering the following three questions...
Is social trend Blesserfinder, where girls are allegedly matching up with rich 'benefactors' in exchange for sex, a real thing?
The tourism industry is questioning the veracity of the surprisingly upbeat tourism figures and the timing of their release.