Advertising
Advertising

8 Ways That You Can Think Outside The Box Like Freakonomics

8 Ways That You Can Think Outside The Box Like Freakonomics

Sometimes, the most unusual of collaborations can produce the most spectacular results. This was certainly the case in 2005, when author Stephen J. Dubner and economist Steven D. Levitt joined forces to co-author the ground-breaking work Freakonomics. This book, which sold a staggering 5.5 million copies in more than 40 languages, was the first in a series that has combined unique and personal narratives with unconventional analysis to explore the benefits of innovative thinking.

The Freakonomics series has created a blueprint for thinking outside the box, and encouraged loyal readers to identify entirely new methods of solving their problems. Whether these relate to major global reforms or the issues that complicate everyday life, Dubner’s and Levitt’s literature has revolutionized thought processes and changed the boundaries of possibility for citizens from across the land.

Advertising

154207709_e4b9011193_b

    With this in mind, what are the pivotal lessons that can be taken from the Freakonomics series and how can they be applied in your everyday life? Let’s consider the following 8 ways you can think outside the box like Freakonomics.

    1. You can say ‘I Don’t Know’

    A common theme that has ran throughout the Freakonomics series is that the majority of issues are more complex than they initially seem. We do not generally acknowledge this fact which subsequently creates a learning gap that can affect us negatively as we grow older. This is why the latest book in the series, Think like a Freak, has dedicated an entire chapter that encourages individuals to say ‘I don’t know’ on a more frequent basis and open up their minds to new information and understanding. This is particularly important when discussing environmental issues, as Dubner claims that such an outlook would prevent individuals from “getting on one side of the debate and digging in their heels” without a comprehensive understanding of the topic in question.

    2. You can think Small and Still Succeed

    This taps into another prolific section of the Think like a Freak book, which implores readers not to abandon their childlike instincts as they enter adulthood. After all, it is the child’s capacity for open-mindedness and curiosity that makes them able to absorb information in their infancy, while their ability to think small and without inhibition also enables them to conceive viable solutions for problems. The concept of simple and uninhibited thinking has been embodied by the brand Pokerstars, which employed hard working and renowned sporting legends such as Ronaldo and Rafael Nadal as brand ambassadors as a way of driving recognition, challenging existing misconceptions and transcending the industry in which they operate. By selecting a relatively simple and bold solution to a problematic marketing issue, the brand embraced childlike instincts to achieve success.

    Advertising

    3. You can live with Risk Easier than Regret

    While it may be argued that bold and simplistic decision making can incur risks, this is not necessarily something that should be feared. One of the most persuasive arguments of the whole Freakonomics series is that risk represents an easier burden to carry than regret, as the latter occurs as a result of failing to take a chance due to fear or an innate sense of inhibition. This can only ever create uncertainty and leave you wondering what might have been, and while risk takers may ultimately succeed or fail they have a clear conscious and the knowledge that they have at least tried to achieve their goals. So when making a decision, it may be worth re-evaluating the process and considering which option you would end up regretting if you failed to take it.

    4. You Can Flip a Coin to make Important Decisions

    For complex decisions that also affect others, such as relocating or changing careers, your thought process is likely to be even more confused and convoluted. In these instances, flipping a coin can be an excellent way of helping you to achieve clarity and choose a finite path. This theory was tested on a website called Freakonomics Experiments, which invited visitors to share their dilemmas and offered to flip a coin on their behalf. While this may seem fanciful, more than 40,000 visitors have taken the plunge and many found that they were more content when the coin encouraged them to follow a particular path. In contrast, others choose to ignore the coin toss as they instinctively believed the call to be wrong for them. It is therefore clear that the result of the coin toss is inconsequential, as the intuitive sense of clarity and insight that it brings enables individuals to make an informed decision.

    5. You can conduct a ‘Premortem’ when considering Options

    There is a fine line between thoughtfulness and over analysis, and it is important to achieve a balance when making decisions. This is something that is considered in detail in Think like a Freak, where the authors reference a theory forwarded by leading psychologist Gary Klein. Using something that he refers to as a “premortem“, it is possible for individuals to give careful consideration to their upcoming decision in a way that creates clarity rather than confusion. More specifically, by thinking ahead into the future and imagining that your decision has produced little but abject failure, you can pinpoint exactly where issues are likely to occur and how easy it will be to avoid them. This will enable you to develop a balanced view of the risks involved, before determining whether or not it is a decision that should be delayed or discarded in favour of an alternative option.

    Advertising

    6. You can disregard the Majority of Conventional Wisdom

    In Freakonomics, the authors discussed the concept of conventional wisdom at length and concurred that it is generally either wrong or biased towards the views of the writer. The main reason for this, they argue, is that the experts who generate conventional wisdom are inclined to use their knowledge and informational advantage to articulate their own agenda or express an informed opinion. It can also be used to create sensationalism regarding a social or political issue, and Freakonomics uses the example of drug dealers to make its point. While experts present the illicit drug trade as being extremely immoral and driven by individuals who generate huge financial gains, for example, in reality it is little more than a capitalist enterprise where the majority of workers earn less than the minimum wage. This is something to bear in mind when evaluating information and it reinforces the importance of developing knowledge and forming your own, unique opinions.

    7. You can be sure that Correlation does not Always Mean Causation

    As the Freakonomics series has continued, the authors have moved away from their economic basis and focused more predominantly on social science. This is reflected in one of their core principles, which is that correlation does not directly imply causation. It is a common misconception that when two variables change in the same manner at the same time, one is automatically responsible for triggering this evolution. This is not the case, however, and despite this being a fundamental finding of social scientific research it is often ignored. In any case where two or more variables in your life begin to change simultaneously, it is always worth addressing the circumstances on their own individual merit and identifying any other factors that may be responsible.

    8. You can become too Preoccupied with End Results rather than the Process of Achieving them

    The Freakonomics brand is now huge, and includes Dubner’s radio show in addition to a blog, film and additional literature. Dubner references his own radio show in the most recent book, and says that he is often disturbed at how fans evaluate an event or debate and “look at its conclusion rather than the process of getting there“. To illustrate this, he presents the example of a discussion where it was suggested that hitting a pedestrian with a car has surprisingly few consequences in the modern world. This was met with acclaim by pedestrian advocates, despite the fact the same demographic had criticised Dubner for suggesting that “drunk walking” may be a huge factor in the rate of automotive accidents. In short, we have a tendency to celebrate occasions where people reach similar conclusions to ourselves, without considering the discussion in its wider context and the process of arriving at such an assertion.

    Advertising

    Featured photo credit: Suzi Duke via flickr.com

    More by this author

    10 Reasons A Long-Distance Relationship Will Work 12 iPhone 6 Tricks You Probably Don’t Know But Should We Are Often Confused Empathy With Sympathy but What’s The Difference Actually? To Make Wise Decisions, Ask Yourself These Questions Every Time No Matter What You Say, the First Thing People Pay Attention to Is Only How You Say It

    Trending in Productivity

    1 How to Live up to Your Full Potential and Succeed in Life 2 Success In Reaching Goals Is Determined By Mindset 3 Have You Fallen Into the ‘Busy’ Trap? Here’s Your Way Out 4 How to Increase Brain Power, Boost Memory and Become 10X Smarter 5 Do You Want to Know the Secret to Living a Fulfilling Life?

    Read Next

    Advertising
    Advertising

    Last Updated on November 15, 2018

    Success In Reaching Goals Is Determined By Mindset

    Success In Reaching Goals Is Determined By Mindset

    What do you think it takes to achieve your goals? Hard work? Lots of actions? While these are paramount to becoming successful in reaching our goals, neither of these are possible without a positive mindset.

    As humans, we naturally tend to lean towards a negative outlook when it comes to our hopes and dreams. We are prone to believing that we have limitations either from within ourselves or from external forces keeping us from truly getting to where we want to be in life. Our tendency to think that we’ll “believe it when we see it” suggests that our mindsets are focused on our goals not really being attainable until they’ve been achieved. The problem with this is that this common mindset fuels our limiting beliefs and shows a lack of faith in ourselves.

    The Success Mindset

    Success in achieving our goals comes down to a ‘success mindset’. Successful mindsets are those focused on victory, based on positive mental attitudes, empowering inclinations and good habits. Acquiring a success mindset is the sure-fire way to dramatically increase your chance to achieve your goals.

    Advertising

    The idea that achieving our goals comes down to our habits and actions is actually a typical type of mindset that misses a crucial point; that our mindset is, in fact, the determiner of our energy and what actions we take. A negative mindset will tend to create negative actions and similarly if we have a mindset that will only set into action once we see ‘proof’ that our goals are achievable, then the road will be much longer and arduous. This is why, instead of thinking “I’ll believe it when I see it”, a success mindset will think “I’ll see it when I believe it.”

    The Placebo Effect and What It Shows Us About The Power of Mindset

    The placebo effect is a perfect example of how mindset really can be powerful. In scientific trials, a group of participants were told they received medication that will heal an ailment but were actually given a sugar pill that does nothing (the placebo). Yet after the trial the participants believed it’s had a positive effect – sometimes even cured their ailment even though nothing has changed. This is the power of mindset.

    How do we apply this to our goals? Well, when we set goals and dreams how often do we really believe they’ll come to fruition? Have absolute faith that they can be achieved? Have a complete unwavering expectation? Most of us don’t because we hold on to negative mindsets and limiting beliefs about ourselves that stop us from fully believing we are capable or that it’s at all possible. We tend to listen to the opinions of others despite them misaligning with our own or bow to societal pressures that make us believe we should think and act a certain way. There are many reasons why we possess these types of mindsets but a success mindset can be achieved.

    Advertising

    How To Create a Success Mindset

    People with success mindsets have a particular way of perceiving things. They have positive outlooks and are able to put faith fully in their ability to succeed. With that in mind, here are a few ways that can turn a negative mindset into a successful one.

    1. A Success Mindset Comes From a Growth Mindset

    How does a mindset even manifest itself? It comes from the way you talk to yourself in the privacy of your own head. Realising this will go a long way towards noticing how you speak to yourself and others around you. If it’s mainly negative language you use when you talk about your goals and aspirations then this is an example of a fixed mindset.

    A negative mindset brings with it a huge number of limiting beliefs. It creates a fixed mindset – one that can’t see beyond it’s own limitations. A growth mindset sees these limitations and looks beyond them – it finds ways to overcome obstacles and believes that this will result in success. When you think of your goal, a fixed mindset may think “what if I fail?” A growth mindset would look at the same goal and think “failures happen but that doesn’t mean I won’t be successful.”

    Advertising

    There’s a lot of power in changing your perspective.

    2. Look For The Successes

    It’s really important to get your mind focused on positive aspects of your goal. Finding inspiration through others can be really uplifting and keep you on track with developing your success mindset; reinforcing your belief that your dreams can be achieved. Find people that you can talk with about how they achieved their goals and seek out and surround yourself with positive people. This is crucial if you’re learning to develop a positive mindset.

    3. Eliminate Negativity

    You can come up against a lot of negativity sometimes either through other people or within yourself. Understanding that other people’s negative opinions are created through their own fears and limiting beliefs will go a long way in sustaining your success mindset. But for a lot of us, negative chatter can come from within and these usually manifest as negative words such as can’t, won’t, shouldn’t. Sometimes, when we think of how we’re going to achieve our goals, statements in our minds come out as negative absolutes: ‘It never works out for me’ or ‘I always fail.’

    Advertising

    When you notice these coming up you need to turn them around with ‘It always works out for me!’ and ‘I never fail!’ The trick is to believe it no matter what’s happened in the past. Remember that every new day is a clean slate and for you to adjust your mindset.

    4. Create a Vision

    Envisioning your end goal and seeing it in your mind is an important trait of a success mindset. Allowing ourselves to imagine our success creates a powerful excitement that shouldn’t be underestimated. When our brain becomes excited at the thought of achieving our goals, we become more committed, work harder towards achieving it and more likely to do whatever it takes to make it happen.

    If this involves creating a vision board that you can look at to remind yourself every day then go for it. Small techniques like this go a long way in sustaining your success mindset and shouldn’t be dismissed.

    An Inspirational Story…

    For centuries experts said that running a mile in under 4 minutes was humanly impossible. On the 6th May 1954, Rodger Bannister did just that. As part of his training, Bannister relentlessly visualised the achievement, believing he could accomplish what everyone said wasn’t possible…and he did it.

    What’s more amazing is that, as soon as Bannister achieved the 4-minute mile, more and more people also achieved it. How was this possible after so many years of no one achieving it? Because in people’s minds it was suddenly possible – once people knew that it was achievable it created a mindset of success and now, after over fifty years since Bannister did the ‘impossible’, his record has been lowered by 17 seconds – the power of the success mindset!

    Read Next