How to Make Better Decisions, According to Science
Problem Solvers12 Aug 2024

How to Make Better Decisions, According to Science

Entrepreneurs make a mistake: They often think of decisions as binary, where one answer is definitely right and the other is definitely wrong. Astrophysicist Saul Perlmutter says there's a better way to approach decisions — and it's with "probabilistic thinking," a concept that's familiar to scientists but less so to businesspeople. Today, he explains. Saul also writes about this in his new book Third Millennium Thinking. Learn more about your ad choices. Visit megaphone.fm/adchoices

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Stop Doing What Customers Hate!

Stop Doing What Customers Hate!

Learn more about your ad choices. Visit megaphone.fm/adchoices

9 Mars 202029min

Trust Is Your Competitive Advantage

Trust Is Your Competitive Advantage

How can something so basic—so obvious!—be a competitive advantage? Here's why: Because too many people forget to build trust. I explain, and then discuss it with a guy who won my trust. It's Jay Sofer of Lockbusters, a locksmith whose approach to customer service is worth learning from. Learn more about your ad choices. Visit megaphone.fm/adchoices

2 Mars 202027min

Saving the Company, With Only $1,000 in the Bank

Saving the Company, With Only $1,000 in the Bank

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24 Feb 202023min

The Weird Customer Quirk That Changed Everything

The Weird Customer Quirk That Changed Everything

Talkspace is a platform where therapists and patients can talk, and its first launch was a total failure. But then its founders noticed something strange: Users were sending lots of very, very personal emails to its customer service team. Why? The answer totally transformed the business. Learn more about your ad choices. Visit megaphone.fm/adchoices

17 Feb 202017min

When Everyone Says You're Wrong (But You're Not)

When Everyone Says You're Wrong (But You're Not)

Mark Lawrence co-founded SpotHero in Chicago, and investors told him he needed to expand across America fast. He wanted to take a different approach... even though he wasn't entirely sure it was the right one. Here's how Mark formulated a plan, stuck to it, and proved himself right. Learn more about your ad choices. Visit megaphone.fm/adchoices

10 Feb 202018min

Finding Joy in the Unknown, with Brandon Steiner

Finding Joy in the Unknown, with Brandon Steiner

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3 Feb 202020min

How to Deliver A Great Customer Experience

How to Deliver A Great Customer Experience

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27 Jan 202024min

Who Is Your Customer, Really?

Who Is Your Customer, Really?

When the home security company SimpliSafe launched, it marketed itself entirely towards renters. After all, they were an underserved marketplace—no other home security system was made for people who rent apartments. But SimpliSafe wasn't growing as fast as its founders expected, so it dug into its customer data and discovered something surprising: Half its customers were home-owners, the people it explicitly wasn't trying to reach. Now it had a big decision to make: Does SimpliSafe keep going with renters, or change everything (including its product!) to court this new marketplace of customers? Learn more about your ad choices. Visit megaphone.fm/adchoices

20 Jan 202022min

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