The Best Mental Models For Business & Entrepreneurs - Part 1 of ???

Whether you're building a startup, developing a product, or crafting a marketing campaign, there are many choices to make and problems to solve. Mental models are tools for addressing common challenges in business and life. They provide us with frameworks for making sense of things and ultimately solving complex problems. Having recently explored some excellent resources covering mental models. I thought it would be helpful to share my top 5 best mental models for business. If you'd like to see more mental models for business, please click the like button or post a comment to let me know. With that said, let’s dive into the list… SUBSCRIBE TO THE PODCAST FOR THE AUDIO EDITION: 🎧 https://www.buzzsprout.com/1283141/9900735 THE TOP 50 BEST BUSINESS BOOKS 📚 https://youtu.be/c5-d_3aBATo THE BEST SELF-IMPROVEMENT BOOKS 📚 https://youtu.be/aLqq86Cphl8 THE BEST PRODUCTIVITY BOOKS 📚 https://youtu.be/TLT3OhX5yKw THE 10 BEST ENTREPRENEUR BOOKS 📚 https://youtu.be/YrfihWIFEKg THE BEST STARTUP BOOKS 📚 https://youtu.be/J_rLYMDq1YE Follow Rick Kettner for episode updates, book recommendations, and more. ► https://www.twitter.com/rickkettner/ ► https://www.instagram.com/rickkettner/ ► https://www.linkedin.com/in/rickkettner/ ► https://www.youtube.com/rickkettner/ CHAPTER MARKERS: 00:00 - The Best Mental Models For Business 01:16 - Mental Model #1 - Opportunity Cost 03:46 - Mental Model #2 - Confirmation Bias 06:26 - Mental Model #3 - Pre-Mortem 09:30 - Mental Model #4 - Minimum Viable Product (or MVP) 12:11 - Mental Model #5 - Sunk Cost Fallacy 14:45 - Conclusion and Final Thoughts Content by Rick Kettner Produced by Kyle Trienke