Building Commitments: From Small to Large

The chapter explores the psychology of persuasion through the principle of consistency, showing how starting with small commitments can lead to larger ones. It discusses the profound influence of public declarations on self-image and the challenge of deviating from commitments once made public.

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IN THIS EPISODE, YOU’LL LEARN:

Who is Robert Cialdini and what is his book “Influence” all about?
How can you become influential in business?
How do you avoid being negatively influenced by others?
Ask the Investors: Should I sell my winner stock and rebalance the number of bonds according to my age?

BOOKS AND RESOURCES

Join the exclusive TIP Mastermind Community to engage in meaningful stock investing discussions with Stig, Clay, and the other community members.
Check out our executive summary of the book, Influence – The Psychology of Persuasion.
Calin’s Search Engine Optimization (SEO) Company: Inbound Interactive.
Robert Cialdini’s book, Influence – Read reviews of this book.
Malcolm Gladwell’s book, Outliers – Read reviews of this book.
Warren Buffett, Charlie Munger, and other Billionaires’ favorite books.
Mark Cuban’s Blog, BlogMaverick.com.
Related episode: Influence and pre-suasion w/ Dr. Robert Cialdini - TIP106.
Related episode: Warren Buffett’s #3 & Charlie Mungers #1 Business book of all-time w/ Robert Cialdini - MI091.
New to the show? Check out our We Study Billionaires Starter Packs.
Our tool for picking stock winners and managing our portfolios: TIP Finance Tool.
Check out our Favorite Apps and Services.
Browse through all our episodes (complete with transcripts) here.
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