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Tag: personaldevelopment

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Some take-aways from recent EBBC session about the book 📖“Thinking in Bets - Making Smarter Decisions when you don’t have all the facts”: ⠀ ▪️our mind always confuses decisions with outcomes ☝️, making it difficult to clearly identify the mistakes we make: keep in mind that good decision can lead to a bad outcome and another way around, you need to think in systems to avoid this bias ⠀ ▪️Life is not a structured environment but a probabilistic environment where many things have an effect on each other 🎲, therefore the right question to ask is not if I am right but how much percent do I think that it is a right decision and what are the likelihoods of different scenarios ⠀ ▪️we have a tendency to believe what we hear 👂: we need to question more the common beliefs, assumptions and things we often take for granted ⠀ ▪️organised skepticism and constructive criticism always improves decision making, that’s is why we need to use the devils advicate approach: find the most believable person in the room who does not agree with you and let him challenge your thinking keeping a mind open ⠀ ▪️to avoid the “future self bias”, we need to apply the temporal discounting ⏰ for both our personal and business decisions: the rule of 10 - 10 - 10: how would you feel about this decision in 10 min, 10 months and 10 years ⠀ #decision #decisionmaking #thinking #bias #cognitivebias #neuroscience #business #lead #leadership #selfdevelopment #personalgrowrh #principles #raydalio #annieduke #thinkinginbets #ebbc

Some design thinking guiding principles 🛠💭: ▪️ Do not think about solutions, think about problems 🔥 while getting inspired by challenging assumptions, emerging trends, skills & assets, unmet needs ▪️Validate ideas with real customers 🗣, introduce "customer chair" at the meetings, organise regular customer interviews ▪️Make it visual 📊 by using mindmaps, drawing, building, brain sketching, brainwriting , prototyping ▪️Move forward with small steps & experiments, no Big Bang decisions 💥 - this will reduce the risks and improve the end-result . ▪️Time pressure helps ⏰ : introduce the uncomfortable time constraints to intensify the thinking process ▪️Cross-functional team 🙏: leverage the different views on the problems by bringing together people from various backgrounds . #innovation #designthinking #business #startups #innovate #startup #creative #creativity #inspire #inspiration #design #strategy #tech #businessstrategy

Many leaders including the one in business and government often confuse empowerment 🙌 with capacity building . Encouraging an employee struggling with excel to take an online course or providing immigrants with low price local language course is not empowerment, it is a capacity building 🛠. . Capacity building is definitely important, but empowerment is about much more: about building trust, inspiring and leading by example. Empowerment is about helping others see all the possible options & being able to choose one they want 🌅 . Empowerment is even more difficult to achieve when people are coming from completely different backgrounds and do not have many things in common. @armentekort knows it all about it: this innovative non for profit organization based in Antwerp aims to fight poverty through the concept of empowerment 🙏. ArmenTeKort organizes a buddy program for people in need and those who are eager to empower them by sharing time & attention with them 👫 . If you are interested in the topic, you are welcome to join the next Antwerp Business Community event about empowerment on 29th October co-organised with Armentekort to learn about neuro-linguistic programming ,stimulating the talents of others and increasing their resilience 🔝 . #antwerp #belgium #antwerpen #antwerpbusinessscommunity #belgie #anvers #Belgique #armentekort #trust #empowerment #empower #womenempowerwomen #empoweringwomen #empowered #empowering #empoweryourself #lead #leader #leadership

Some personal finance learnings inspired by the Richest man in Babylon 📖 and #EBBC book-club session in #Antwerp .. ▫️Track your finance 📝- while it is the basics, surprisingly not many people manage to continuously track their expenses even though nowadays there are so many useful tools and apps available. Tracking your finance puts you in control: you start to be aware and think twice before making an impulsive purchase .. ▫️Live on less that you earn 💵 - again sounds as a basic, but this is the key to increase your welfare: you should approach this problem from both decreasing ongoing costs (compromising on some budget items, finding cheaper alternatives, fighting bad habits) and increasing your income perspectives (taking an extra challenge, leveraging your abilities, building a passive income stream) ... ▫️Make money work for you money 💰 - use your surplus income to purchase income generating assets, do not let it just lie on your bank account. “Money never sleeps” and we should leverage it ... ▫️Pay yourself first 👤- know your worth and do not ask for less , especially do not feel bad about asking for more: the value you deliver is totally worth it ... ▫️ Seek advice from the best 🙏 - look for the people that have already achieved your financial goals abs learn from their experience, you do not have to do it all alone #finance #personalfinance #personalfinancetips #richestmaninbabylon #invest #investing #savings #investment #personalgrowth #financialplanning

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