3min chapter

Idea to Startup cover image

Survivorship Bias, Base Rates, and Librarians

Idea to Startup

CHAPTER

The Base Rate of Salespeople Versus Librarians

Daniel Kahneman and Amos Fursky call this the base rate. It's very important for making decisions, but can get clouded easily when specific details are introduced. Visorship bias is concentrating on people that are successful while overlooking lessons from people that weren't successful. Can you believe this podcast is free? This is the idea to start a podcast brought to you by Tacklebox. If you got a startup idea in a full time job, we have two slots available for the March 31st cohort. Marissa@buildwithnewco.com.

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