Dick Polipnick | 24 ᴄᴏɢɴɪᴛɪᴠᴇ ʙɪᴀꜱᴇꜱ by Charlie Munger | Bias #3 Incentive Influence @DickPolipnickVideos | Uploaded July 2017 | Updated October 2024, 37 minutes ago.
✎ What happens when one person's actions are influenced by a cognitive bias? In Charlie Munger's 24 Cognitive Biases, he states that Bias #3 is affected as a direct result of others being affected by the first bias.
✎ The third cognitive bias is a direct result of something called the "incentive influence" effect. Where the people being persuaded to do something are influenced by another person who has an incentive to get them to do that thing.... Confusing, right??
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♛ MY STORY:
My name is Dick Polipnick and I have been an entrepreneur as long as I can remember. I started my journey as a businessman when I was in Junior High! I started a small property maintenance business, and by the time I was 17 I employed 20 of my peers, had two crews, and had bought out a local business! (One of my competitors!!!) I dropped out of the most prestigious college in the Midwest, and have started multiple businesses since!
♛ Unlike other YouTubers, I actually have other ventures besides my channel! In addition to running my businesses (see them at estopus.com), I mentor people with entertaining education through YouTube and my Online Growth Systems network and newsletter (25,000 members strong!) I am a public speaker for entrepreneurship and solar energy. I wrote a book on Social Media Marketing and use my massive Instagram and Twitter following to spread good business practices.
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Subscribe to Newsletter: onlinegrowthsystems.com
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✔ CREDITS:
Information- Charlie Munger speech to Harvard Class of 1995
Music- Adventures by Argofox
Images- Private software + Google Images
Joke- You can only see it if there is a reflection on your screen
AN ONLINE GROWTH SYSTEMS PRODUCTION
✎ What happens when one person's actions are influenced by a cognitive bias? In Charlie Munger's 24 Cognitive Biases, he states that Bias #3 is affected as a direct result of others being affected by the first bias.
✎ The third cognitive bias is a direct result of something called the "incentive influence" effect. Where the people being persuaded to do something are influenced by another person who has an incentive to get them to do that thing.... Confusing, right??
⚑ Subscribe to Dick's Channel: youtube.com/dickpolipnick?sub_confirmation=1
⚑ Hit the bell button to be notified when the next 21 cognitive biases come out!
⚑ If you liked this video, make sure you smack my subscribe button and if you want to learn more about social media and building a business empire, check out my other videos and click the bell icon to be notified when I come out with a new video!!!
⚑ Download my FREE Social Media Marketing Domination Training at: OnlineGrowthSystems.com/smmebook
♛ MY STORY:
My name is Dick Polipnick and I have been an entrepreneur as long as I can remember. I started my journey as a businessman when I was in Junior High! I started a small property maintenance business, and by the time I was 17 I employed 20 of my peers, had two crews, and had bought out a local business! (One of my competitors!!!) I dropped out of the most prestigious college in the Midwest, and have started multiple businesses since!
♛ Unlike other YouTubers, I actually have other ventures besides my channel! In addition to running my businesses (see them at estopus.com), I mentor people with entertaining education through YouTube and my Online Growth Systems network and newsletter (25,000 members strong!) I am a public speaker for entrepreneurship and solar energy. I wrote a book on Social Media Marketing and use my massive Instagram and Twitter following to spread good business practices.
★ Join the Conversation:
onlinegrowthsystems.com
★ OTHER GREAT CONTENT AND SOCIAL MEDIA:
Subscribe: youtube.com/dickpolipnick?sub_confirmation=1
Instagram: instagram.com/dpolipnick
Blog and Articles: onlinegrowthsystems.com/articles
Snapchat: snapchat.com/add/dpolipnick
Facebook: facebook.com/dpolipnick
Twitter: twitter.com/dpolipnick
Subscribe to Newsletter: onlinegrowthsystems.com
❤ Speak another LANGUAGE? Help other people get value from this video!!!
youtube.com/timedtext_cs_panel?tab=2&c=UCvaXLvkJ5jllL7BCjxgDLwA
✔ CREDITS:
Information- Charlie Munger speech to Harvard Class of 1995
Music- Adventures by Argofox
Images- Private software + Google Images
Joke- You can only see it if there is a reflection on your screen
AN ONLINE GROWTH SYSTEMS PRODUCTION
