The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics cover image

68. Counterfactual Thinking: Why We ‘What If’ And ‘If Only’ (A Behavioral Economics Foundations Episode)

The Brainy Business | Understanding the Psychology of Why People Buy | Behavioral Economics

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Do You Counterfactualize Yourself?

Think about how someone else might think you're the luckiest guy or gal in the world. We all hear that Edison failed a gazillion times trying to make a lightbulb, and we don't counterfactualize his process. How can you turn this moment into an inspirational one for yourself? If you believe it, your brain will too.

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