034 The Dunning-Kruger Effect and the Entrepreneur • PODCAST episode artwork

EPISODE · Oct 30, 2017 · 7 MIN

034 The Dunning-Kruger Effect and the Entrepreneur • PODCAST

from Executive Coaching for Business Owners by Tony Mayo

Hello. I’m Tony Mayo, the Business Owner’s Executive Coach … with one quick idea you can use in your business …today. I’m an above average driver. You probably consider yourself an above average driver, too. Chances are that at least one of us is wrong. Why do I believe that? Because surveys show that almost everyone thinks their driving skills are above the average. Based upon what I see on the streets, the average skill level is pretty low. Still, half of us must be even worse than that low average. I’m guessing it’s you. This pervasive sense of superiority among ordinary drivers so illogical that it’s funny. And, it’s scary. Because we are all so sure that we are better drivers than most everyone else, we do two harmful things. First, we automatically blame traffic incidents on other drivers, avoiding personal responsibility and further alienating ourselves from others. Second, and much more dangerous, our smug self-evaluations mean that we do nothing to improve our skill at the life and death job of piloting large machines at high speeds. This phenomenon, this error of thought, is so typical of us humans that it has a fancy name, the Dunning Kruger effect. People with low skills in a domain tend to overestimate their abilities in that domain, possibly because their skill level is so low that they don’t even know what high skill looks like. ... Much more at: http://www.TonyMayo.com ---------------------------------------------- Thanks to MusicOpen for providing public domain recordings of Beethoven.

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034 The Dunning-Kruger Effect and the Entrepreneur • PODCAST

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