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Young and Profiting with Hala Taha (Entrepreneurship, Sales, Marketing)
1 Reid Hoffman: LinkedIn Co-Founder on Building and Scaling Massively Valuable Companies Fast | Entrepreneurship | E332 51:40
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LikedDespite having a strong product idea, Reid Hoffman’s first startup collapsed, forcing him to return investors’ capital. This tough experience reshaped his approach to entrepreneurship. By embracing failure, iterating quickly, and adapting relentlessly, he went on to become a leader at PayPal and later, the co-founder of LinkedIn. In this episode, Reid shares the concept of blitzscaling, which prioritizes speed over perfection, smart strategies for taking risks, and insights on achieving rapid market dominance. In this episode, Hala and Reid will discuss: (00:00) Introduction (01:32) Building Impact-Driven Businesses (02:56) Why We Need More Entrepreneurs (04:31) The Vision Behind LinkedIn’s Success (06:43) Lessons from a Failed Startup (09:26) Making Quick, Intense Decisions at PayPal (12:39) Blitzscaling: Prioritizing Speed Over Efficiency (18:10) Maintaining Company Culture While Scaling (21:20) The Power of Early Market Dominance (25:01) The Five Stages of Company Growth (28:54) Strategies for Taking Intelligent Risks (31:44) Why Product Perfection Delays Success (33:25) Pivoting Early to Seize New Opportunities (36:18) Entrepreneurship as a Team Sport Reid Hoffman is an entrepreneur, investor, partner at Greylock, and co-founder of LinkedIn and Inflection AI. He was an executive at PayPal and a founding investor in several companies, including OpenAI. Reid actively supports various non-profits and has received numerous accolades, including an honorary CBE from the Queen of England and the Salute to Greatness Award from the Martin Luther King Jr. Center for his philanthropic efforts. Resources Mentioned: Reid’s Book, Blitzscaling: The Lightning-Fast Path to Building Massively Valuable Companies : amzn.to/4jnQkfQ Sponsored By: OpenPhone - Get 20% off 6 months at openphone.com/PROFITING Shopify - Sign up for a one-dollar-per-month trial period at youngandprofiting.co/shopify Airbnb - Your home might be worth more than you think. Find out how much at airbnb.com/host Rocket Money - Cancel your unwanted subscriptions and reach your financial goals faster with Rocket Money. Go to rocketmoney.com/profiting Indeed - Get a $75 job credit at indeed.com/profiting RobinHood - Receive your 3% boost on annual IRA contributions, sign up at robinhood.com/gold Active Deals - youngandprofiting.com/deals Key YAP Links Reviews - ratethispodcast.com/yap Youtube - youtube.com/c/YoungandProfiting LinkedIn - linkedin.com/in/htaha/ Instagram - instagram.com/yapwithhala/ Social + Podcast Services: yapmedia.com Transcripts - youngandprofiting.com/episodes-new All Show Keywords: Entrepreneurship, entrepreneurship podcast, Business, Business podcast, Self Improvement, Self-Improvement, Personal development, Starting a business, Strategy, Investing, Sales, Selling, Psychology, Productivity, Entrepreneurs, AI, Artificial Intelligence, Technology, Marketing, Negotiation, Money, Finance, Side hustle, Startup, mental health, Career, Leadership, Mindset, Health, Growth mindset. Career, Success, Entrepreneurship, Productivity, Careers, Startup, Entrepreneurs, Business Ideas, Growth Hacks, Career Development, Money Management, Opportunities, Professionals, Workplace, Career podcast, Entrepreneurship podcast…
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Ever noticed how the smallest changes can have the biggest impact? On Nudge, you'll learn simple evidence-backed tips to help you kick bad habits, get a raise, and grow a business. Every bite-sized 20-minute show comes packed with practical advice from admired entrepreneurs and behavioural scientists. Nudge is fast-paced but still insightful with real-world examples that you can apply - this is not your average business podcast.
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Ever noticed how the smallest changes can have the biggest impact? On Nudge, you'll learn simple evidence-backed tips to help you kick bad habits, get a raise, and grow a business. Every bite-sized 20-minute show comes packed with practical advice from admired entrepreneurs and behavioural scientists. Nudge is fast-paced but still insightful with real-world examples that you can apply - this is not your average business podcast.
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1 Louis Grenier’s Extremely Uncensored Take on Marketing 1:04:29
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Play Later Play Later Lists Like LikedToday's episode of Nudge is a little different. The no-nonsense marketing expert Louis Grenier gives his uncensored, uncut, and explicit take on marketing (and life). --- Buy Louis's book: https://book.stfo.io/ Sign up for STFO: https://www.stfo.io/newsletter Sign up for my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/…
There is one straightforward trick to help you remember more. Today, Dr. Ranganath reveals why testing yourself (even when you fail) can supercharge your memory. You’ll learn: Why re-reading notes doesn’t work, but testing yourself does. How a study with dental students proved the power of error-driven learning. Why guessing the answer before hearing it makes information stick. The science-backed technique that beats cramming for exams. How I memorised my (embarrassing) best man speech ---- Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ Charan’s book Why We Remember: https://charanranganath.com/ ---- Sources: Ebbinghaus, H. (1885). Über das Gedächtnis: Untersuchungen zur experimentellen Psychologie. Duncker & Humblot. Karpicke, J. D., & Roediger, H. L., III. (2008). The critical importance of retrieval for learning. Science, 319(5865). Liu, X. L., O’Reilly, R. C., & Ranganath, C. (2021). Effects of retrieval practice on tested and untested information: Cortico-hippocampal interactions and error-driven learning. Psychology of Learning and Motivation, 75, 125–155. Ranganath, C. (2024). Why we remember: Unlocking memory’s power to hold on to what matters. Doubleday. Roediger, H. L., III, & Karpicke, J. D. (2006). Test-enhanced learning: Taking memory tests improves long-term retention. Psychological Science, 17(3). Shotton, R. (2023). The illusion of choice: 16 ½ psychological biases that influence what we buy. Harriman House. Varghese, A. S., Sankeshwari, R. M., Ankola, A. V., Santhosh, V. N., Chavan, P., Hampiholi, V., Khot, A. J. P., & Shah, M. A. (2024). Effectiveness of error-based active learning compared to conventional lecture-based method among undergraduate dental students: A randomized controlled trial. Journal of Education and Health Promotion, 13, 268.…
1 Will tips from a 102-year-old marketing book work in 2025? 23:12
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Play Later Play Later Lists Like LikedBack in 1923, Claude Hopkins wrote the definitive book on advertising. David Ogilvy said the book “ changed his life,” and over eight million copies of the book have been sold. But are the 102-year-old tips still accurate today? In this episode of Nudge, I find out. You’ll learn: Why the phrase “Food Shot Through Guns” helped sell more cereal. How a sewing machine manufacturer increased his sales 9-fold. The four predictions Hopkins got wrong. And evidence-backed studies that reveal what he got right. ---- Download the Reading List: https://nudge.kit.com/readinglist Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ ---- Sources: BBC. (2016). Corsodyl: How an unnerving ad campaign works. BBC News. Behavioural Insights Team. (2013). Applying behavioural insights to charitable giving. Government & Society. Berger, J., Moe, W. W., & Schweidel, D. A. (2023). What holds attention? Linguistic drivers of engagement. Journal of Marketing, 87(5). https://doi.org/10.1177/00222429231152880 Berger, J., Sorensen, A. T., & Rasmussen, S. J. (2010). Positive effects of negative publicity: When negative reviews increase sales. Marketing Science, 29(5). https://doi.org/10.1287/mksc.1090.0557 Harris, K. [Kamala Harris]. (2024, March 1). Enemy Within | Harris-Walz 2024 [Video]. YouTube. https://www.youtube.com/watch?v=YQnugO8SEx0 Hopkins, C. (1923). Scientific advertising. Printers’ Ink Publishing Company. Hüttel, B. A., Schumann, J. H., & Wagner, C. J. (2018). How consumers assess free e-services: The role of benefit-inflation and cost-deflation effects. Journal Name, 21(3). Kahneman, D. (2011). Thinking, fast and slow. Farrar, Straus and Giroux. Monnier, A., & Thomas, M. (2022). Experiential and analytical price evaluations: How experiential product description affects prices. Journal of Consumer Research, forthcoming. https://doi.org/10.2139/ssrn.4046802 Pick, D. F., Sweeney, J., & Clay, J. A. (1991). Creative advertising and the von Restorff effect. Psychological Reports, 69(3, Pt 1), 923–926. https://doi.org/10.2466/PR0.69.7.923-926 Rogers, T., & Lasky-Fink, J. (2023). Writing for busy readers: Communicate more effectively in the real world. Schindler, R. M., & Yalch, R. (2006). It seems factual, but is it? Effects of using sharp versus round numbers in advertising claims. Advances in Consumer Research, 33, 586-590. Association for Consumer Research. Sutherland, S. (1992). Irrationality. Pinter Publishers. Trump, D. J. [Donald J Trump]. (2023, September 12). Wolves [Video]. YouTube. https://youtu.be/pxz9sxUqgsE Weiner, M. (Writer), & Draper, M. (Director). (2008). Mad Men (Season 1, Episode 11) [TV series episode]. In M. Weiner (Producer), Mad Men. Lions Gate Television.…
In 1980, Michelle Smith published a book that triggered the Satanic Panic, a worldwide fear that Satan worshippers were recruiting millions to embrace satanism. Today, I explore the surprising science of false memories with Dr. Charan Ranganath, author of Why We Remember . Dr. Ranganath reveals how memory is more imagination than recollection, why some people vividly remember things that never happened, and why the Satanic Panic was based on fiction not fact. You’ll learn: How Michelle Remembers sparked the Satanic Panic and shaped public fear. Why memories “recovered” in therapy can feel real but be completely false. How a memory expert misremembered her own mother’s death. The shocking study where 40% of participants believed they committed a crime they never did. ---- Download the Reading List: https://nudge.kit.com/readinglist Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ Charan’s book Why We Remember: https://charanranganath.com/ ---- Sources: 60 Minutes Australia. (1989). Teens cruel ‘sacrificial’ offering to Satan in quiet country town [Video]. YouTube. https://youtu.be/yiN27M0akuY Bartlett, F. C. (1928b). Types of imagination. Philosophy, 3 (9), 78–85. Bartlett, F. C. (1932). Remembering: A study in experimental and social psychology. Cambridge University Press. KABC News. (1988). Devil worship: Satanic panic circa 1988 [Video]. YouTube. https://youtu.be/RGxf7G3Xpj4 Kassin, S. M. (2008). False confessions: Causes, consequences, and implications for reform. Current Directions in Psychological Science, 17 (4), 249–253. Loftus, E. F. (2005). Planting misinformation in the human mind: A 30-year investigation of the malleability of memory. Learning & Memory, 12 (4), 361–366. Loftus, E. F., & Pickrell, J. E. (1995). The formation of false memories. Psychiatric Annals, 25 (12), 720–725. Loftus, E. F., Miller, D. G., & Burns, H. J. (1978). Semantic integration of verbal information into a visual memory. Journal of Experimental Psychology: Human Learning and Memory, 4 (1), 19–31. https://doi.org/10.1037/0278-7393.4.1.19 Magnetic Memory Museum. (1994). Law enforcement guide to Satanic cults [Video]. YouTube. https://youtu.be/VTJ0_BABexo Ranganath, C. (2024). Why we remember: Unlocking memory’s power to hold on to what matters. Doubleday. Roever, D. (1989). Exposing the Satanic web [Video]. Rcom Productions. YouTube. https://youtu.be/Hgymy7VlhT8 Shaw, J., & Porter, S. (2015). Constructing rich false memories of committing crime. Psychological Science, 26 (3), 291–301. Unknown Author. (1990). Satanic cults & ritual crime [Video]. YouTube. https://youtu.be/byUvJDXqxa4 Winfrey, O. (1989). Oprah Winfrey Show 1989: Ritual sacrifice of babies [Video]. YouTube. https://youtu.be/BRninYpnlzM…
1 Elon Musk’s Controversial Interview Question 19:51
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Play Later Play Later Lists Like LikedElon Musk’s hiring strategy goes against conventional wisdom—he asks just two questions and relies on gut instinct. But does it actually work? Today, Prof. Gerd Gigerenzer reveals why Musk’s method might be smarter than traditional hiring processes and explores the psychology behind better decision-making. You’ll learn: Why Musk’s hiring heuristic could outperform complex selection methods (feat. insights from Gerd Gigerenzer). How experienced managers naturally use heuristics to make better hiring decisions. The surprising downside of having multiple interviewers (feat. findings from a 2014 hiring study). A smarter way to assess job candidates (that goes beyond endless questions). ---- Download the Reading List: https://nudge.kit.com/readinglist Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ Gerd’s book Smart Management: https://mitpress.mit.edu/9780262548014/smart-management/ ---- Sources: Reb, J., Luan, S., & Gigerenzer, G. (2024). Smart management: How simple heuristics help leaders make good decisions in an uncertain world. The MIT Press. Luan, S., Reb, J., & Gigerenzer, G. (2019). Ecological rationality: Fast-and-frugal heuristics for managerial decision making under uncertainty. Academy of Management Journal, 62 (6). Fific, M., & Gigerenzer, G. (2014). Are two interviewers better than one? Journal of Business Research, 67 (8), 1771–1779.…
1 Surprising truths about memory with Dr. Ranganath 31:43
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Play Later Play Later Lists Like LikedI explore the surprising science of memory with Dr. Charan Ranganath, author of Why We Remember . Today, Dr. Ranganath reveals why forgetting isn’t a flaw but a feature of our brains and how simple strategies can dramatically improve recall. You’ll learn: Why forgetting is normal (feat. Ebbinghaus’s forgetting curve). How multitasking physically changes your brain and worsens memory. Why filming concerts on your phone makes the experience less memorable. Proven techniques from memory athletes to help you remember more. ---- Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ Charan’s book Why We Remember: https://charanranganath.com/ ---- Sources: Ebbinghaus, H. (1885). Über das Gedächtnis: Untersuchungen zur experimentellen Psychologie. Berlin: Duncker & Humblot. ESPN. (2018). LeBron James recalling play with photographic memory [Video]. YouTube. https://www.youtube.com/watch?v=SkHAsh-i6WQ Miller, G. A. (1956). The magic number seven, plus or minus two: Some limits on our capacity for processing information. Psychological Review, 63(2), 81–97. Ranganath, C. (2024). Why we remember: Unlocking memory’s power to hold on to what matters. Doubleday. Tulving, E., & Schacter, D. L. (1990). Priming and human memory systems. Science, 247(4940), 301–306. https://doi.org/10.1126/science.2296719 White, R. (2018). How to memorize a deck of cards (fastest way taught by memory champion) [Video]. YouTube. https://youtu.be/yevxvTbUa4s?si=x447uhmpm9-z--SD…
Golf players, investors and CEOs perform better if they take their time. Or do they? Today, Prof. Gerd Gigerenzer reveals why intuition often outperforms complex analysis and how shortcuts can lead to smarter decisions in business, sports, and investing. You’ll learn: Why gut instinct can beat data-driven decisions (feat. insights from Gerd Gigerenzer). How firefighters, CEOs, and handball players make better choices under pressure. The dangers of overthinking—why too much time can worsen decisions (feat. 2004 golf study). Why simple rules predict outcomes better than complex models (feat. Wimbledon & NFL studies). --- Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ Gerd’s book Smart Management: https://mitpress.mit.edu/9780262548014/smart-management/ --- Sources: Baum, J. R., & Wally, S. (2003). Strategic decision speed and firm performance. Strategic Management Journal, 24(11), 1107–1129. Beilock, S. L., Bertenthal, B. I., McCoy, A. M., & Carr, T. H. (2004). Haste does not always make waste: Expertise, direction of attention, and speed versus accuracy in performing sensorimotor skills. Psychonomic Bulletin & Review, 11(2), 373–379. DeMiguel, V., Garlappi, L., & Uppal, R. (2009). Optimal versus naive diversification: How inefficient is the 1/N portfolio strategy? The Review of Financial Studies, 22(5), 1915–1953. Dörfler, V., & Eden, C. (2017). Becoming a Nobel Laureate: Patterns of a journey to the highest level of expertise. AoM 2017: 77th Annual Meeting of the Academy of Management, Atlanta, GA, August 4-8. Easterbrook, G. (2010). TMQ’s annual bad predictions review. ESPN. Eslam sdt Henry. (2018). Best football trick world cup 2006 Jens Lehmann [Video]. YouTube. https://youtu.be/LRAOEWAbO00 Johnson, J., & Raab, M. (2003). Take the first: Option-generation and resulting choices. Organizational Behavior and Human Decision Processes, 91(2), 215–229. Klein, G. A. (1999). Sources of power: How people make decisions. MIT Press. Reb, J., Luan, S., & Gigerenzer, G. (2024). Smart management: How simple heuristics help leaders make good decisions in an uncertain world. The MIT Press. Serwe, S., & Frings, C. (2006). Who will win Wimbledon? The recognition heuristic in predicting sports events. Journal of Behavioral Decision Making, 19(4), 321–332. https://doi.org/10.1002/bdm.530 West, D. C., Acar, O. A., & Caruana, A. (2020). Choosing among alternative new product development projects: The role of heuristics. Psychology & Marketing, 37(12), 1719–1736. https://doi.org/10.1002/mar.21397…
1 “99.9% of ads are genuinely awful” Tom Goodwin 28:42
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Play Later Play Later Lists Like LikedLearn why so many ads today are ineffective and what marketers are getting wrong. Today, Tom Goodwin reveals the four simple truths about advertising, the surprising power of “wasted” marketing, and why aesthetics alone can make an ad more persuasive. You’ll learn: Why most digital ads fail and how short-term thinking is to blame. The hidden power of repeated exposure (feat. Moreland & Beach’s 1992 study). How slow-motion, jingles, and branding signals can make products feel more premium. Why targeting is overrated. The one thing marketers should focus on to create better campaigns without breaking the bank. This episode contains strong language. ---- Access the bonus episode: https://nudge.kit.com/07a850cbb7 Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ Tom’s book: https://www.koganpage.com/digital-technology/digital-darwinism-9781398601925 Follow Tom on LinkedIn: https://www.linkedin.com/in/tomfgoodwin/ Follow Tom on Twitter/X: https://twitter.com/tomfgoodwin ---- Sources: Cialdini, R. B. (2021). Influence: The psychology of persuasion (New and expanded ed.). Harper Business. Goodwin, T. (2018). Digital Darwinism: Survival of the fittest in the age of business disruption. Kogan Page. Innes, M. (2023, May 5). CMO tenure falls to lowest level in more than a decade. MarketingWeek. https://www.marketingweek.com/cmo-tenure-falls/ Moreland, R. L., & Beach, S. R. (1992). Exposure effects in the classroom: The development of affinity among students. Journal of Experimental Social Psychology, 28(3), 255–276. https://doi.org/10.1016/0022-1031(92)90055-O SungJin, J. & Dubois, D. (2022). When and how slow motion makes products more luxurious. Journal of Marketing Research.…
1 7 marketing psychology tips you can apply today 27:29
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Play Later Play Later Lists Like LikedJoin the Nudge Unit: https://maven.com/nudge-unit/course-cohort Why does a $5 Uber voucher turn angry customers into loyal fans? In this episode, Eva van den Broek and Tim den Heijer share actionable insights from their book The Housefly Effect , revealing seven marketing psychology tips you can use to grow your business. You’ll learn: How scarcity drives demand, from pineapple rentals to volume-limited products. Why a $5 apology voucher boosted Uber’s revenue (feat. reciprocity principle). How Tropicana’s rebrand taught marketers a costly lesson about habits. Why "95% fat-free" yoghurt sells better than "5% fat" (feat. framing effect). The clever way airlines manage flight-time expectations to keep customers happy. ---- Get the book: https://bedfordsquarepublishers.co.uk/book/the-housefly-effect Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ ---- Sources: van den Broek, E., & den Heijer, T. (2024). The Housefly Effect . Bedford Square Publishers. Bundesliga study | Brandes, L., & Franck, E. (2012). Social preferences or personal career concerns? Field evidence on positive and negative reciprocity in the workplace. Journal of Economic Psychology, 33 (5), 925–939 McFlurry sales boosted by 55% | Walsh, N. (2024). Tune in: How to make smarter decisions in a noisy world. Bedford Square Publishers. Uber $5 apology | Halperin, B., Ho, B., List, J. A., & Muir, I. (2019). Toward an understanding of the economics of apologies: Evidence from a large-scale natural field experiment (No. w25676). National Bureau of Economic Research. https://doi.org/10.3386/w25676 Berger, J. (2013). Contagious: Why things catch on . Simon & Schuster. Gu, Y., Botti, S., & Faro, D. (2013). Turning the page: The impact of choice closure on satisfaction. Journal of Consumer Research, 40 (2), 268–283. Martin, S. J. (2024). Influence at work: Capture attention, connect with others, convince people to act. [Paperback]. Economist Edge. Yuan, Y., Liu, T. X., Tan, C., Chen, Q., Pentland, A., & Tang, J. (2020). Gift contagion in online groups: Evidence from WeChat red packets.…
1 Tiny nudges that can drastically improve your life 30:01
30:01 Play Later Play Later Lists Like Liked30:01
Play Later Play Later Lists Like LikedJoin the Nudge Unit: https://maven.com/nudge-unit/course-cohort Can tiny nudges dramatically change our behaviour? In this episode, Eva van den Broek and Tim den Heijer explore the subtle yet powerful psychological tools that influence daily decisions, often without us realising it. You’ll learn: Why doubling the size of a plate made kids eat 41% more (feat. the Delboeuf illusion). Why Schiphol Airport painted a fly in the urinals (“The Housefly Effect”). The role of defaults in organ donation, student loans, and fast food orders. How loss aversion turned teachers into top performers, improving student grades by 10%. Why IKEA sell cheap ice cream (feat. the peak-end rule). ---- Get the book: https://bedfordsquarepublishers.co.uk/book/the-housefly-effect Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ ---- Sources: Carmon, Z., & Kahneman, D. (1996). The experienced utility of queuing: Experience profiles and retrospective evaluations of simulated queues. Dai, H., Milkman, K. L., Hofmann, D. A., & Staats, B. R. (2015). The impact of time at work and time off from work on rule compliance: The case of hand hygiene in health care. Journal of Applied Psychology, 100 (3). Holden, S. S., Zlatevska, N., & Dubelaar, C. (2016). Whether smaller plates reduce consumption depends on who’s serving and who’s looking: A meta-analysis. Journal of the Association for Consumer Research, 1 (1), 134. Kahneman, D., Fredrickson, B. L., Schreiber, C. A., & Redelmeier, D. A. (1993). When more pain is preferred to less: Adding a better end. Psychological Science, 4 (6), 401–405. https://doi.org/10.1111/j.1467-9280.1993.tb00589.x Kaur, S., Kremer, M., & Mullainathan, S. (2015). Self-control at work. Journal of Political Economy, 123 (6), 1227–1277. Levitt, S. D., List, J. A., Neckermann, S., & Sadoff, S. (2016). The behavioralist goes to school: Leveraging behavioral economics to improve educational performance. American Economic Journal: Economic Policy, 8 (4), 183–219. van den Broek, E., & den Heijer, T. (2024). The Housefly Effect . Bedford Square Publishers.…
Join the Nudge Unit: https://maven.com/nudge-unit/course-cohort
Business books are everywhere, offering seemingly simple solutions to complex problems—but are they truly helpful? In this episode, Alex Edmans explores the biases that make us fall for oversimplified advice and why many popular business books fail to deliver. You’ll learn: How black-and-white thinking fuels the success of books like Dr. Atkins’ Diet Revolution and Start With Why. Why confirmation bias leads us to believe unproven claims (feat. Simon Sinek’s “Why” theory). The dangers of ignoring nuance, such as in Angela Duckworth’s Grit and Malcolm Gladwell’s 10,000-hour rule. Real-world examples of flawed reasoning, from the London Marathon tragedy to corporate missteps. How to critically evaluate the advice offered in bestsellers and avoid falling for universal “truths.” ---- Download the Reading List: https://nudge.kit.com/readinglist Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ Alex’s book May Contain Lies: https://maycontainlies.com/ ---- Sources: Edmans, A. (2024). May contain lies: How stories, statistics, and studies exploit our biases—and what we can do about it. University of California Press. Atkins, R. C. (1972). Dr. Atkins' diet revolution: The high calorie way to stay thin forever. New York: Bantam Books. Seidelmann, Sara B. et al. (2018): ‘Dietary carbohydrate intake and mortality: a prospective cohort study and meta-analysis’, Lancet Public Health 3, E419–E428 DeLosh, Edward L., Jerome R. Busemeyer and Mark A. McDaniel (1997): ‘Extrapolation: the sine qua non for abstraction in function learning’, Journal of Experimental Psychology: Learning, Memory, and Cognition 23, 968–86. Fisher, Matthew and Frank Kiel (2018): ‘The binary bias: a systematic distortion in the integration of information’. Psychological Science 29, 1846–58 Sinek, S. (2009). Start with why: How great leaders inspire everyone to take action . Portfolio. Gladwell, M. (2008). Outliers: The story of success . Little, Brown and Company. Duckworth, A. (2016). Grit: The power of passion and perseverance . Scribner.…
1 Can 10,000 hours of practice make you great? 36:35
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Play Later Play Later Lists Like LikedI explore the truth behind the famous 10,000-hour rule, popularized by Malcolm Gladwell. Today, Prof Alex Edmans uncovers why the rule persists despite its flaws and dives into the psychological biases that make misinformation so believable. You’ll learn: Why the 10,000-hour rule isn’t as universal as it seems (feat. insights from Alex Edmans). How confirmation bias shapes beliefs—from the Atkins diet to Deepwater Horizon. The dangers of narrative fallacy in explaining success (feat. 1975 Barry Staw study). Real-world examples of misinformation, from Belle Gibson’s cancer cure claims to Volkswagen’s diesel scandal. A simple mental trick to fight confirmation bias and save yourself from misleading ideas. ---- Download the Reading List: https://nudge.kit.com/readinglist Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ Alex’s book May Contain Lies: https://maycontainlies.com/ ---- Sources: Gladwell, M. (2008). Outliers: The story of success . Little, Brown, and Company. Edmans, A. (2024). May contain lies: How stories, statistics, and studies exploit our biases—and what we can do about it. University of California Press. Kaplan, Jonas T., Sarah I. Gimbel and Sam Harris (2016): ‘Neural correlates of maintaining one’s political beliefs in the face of counterevidence’, Scientific Reports 6, 39589. Wong, Nathan Colin (2015): ‘The 10,000-hour rule’, Canadian Urological Journal 9, 299. Staw, Barry M. (1975): ‘Attribution of the “causes” of performance: a general alternative interpretation of cross-sectional research on organizations’, Organizational Behavior and Human Performance 13, 414–32.…
Neil Rackham’s groundbreaking research uncovered what separates skilled negotiators from the average. Drawing insights from real-world negotiation sessions involving union disputes, management decisions, and high-stakes contracts, this episode unpacks the actual behaviour of skilled negotiations. You’ll learn: The specific ways skilled negotiators prepare differently from average negotiators (feat. 48 skilled negotiators). Why immediate counterproposals can ruin a negotiation (feat. insight from 102 negotiations). The critical role of long-term thinking in effective negotiations. Key behaviours that skilled negotiators use to foster collaboration and transparency. Practical tips you can use. ---- Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ ---- Sources: Rackham, N. (2003). The behavior of successful negotiators. McGraw Hill/Irwin, New York. Reb, J., Luan, S., & Gigerenzer, G. (2024). Smart management: Why successful leaders must embrace simple strategies in an increasingly uncertain and complex world . MIT Press. https://mitpress.mit.edu/9780262548014/smart-management/…
75% of us expect to spot the unexpected. But we’re wrong. Today on Nudge, Dan Simons shares his results from perhaps the world’s best-known psychology experiment: the Invisible Gorilla. Listen, and you’ll take part in our own audio version of his experiment, and I'll dig into research papers to learn how Dan’s findings apply to marketing. Dan’s book Invisible Gorilla: https://www.theinvisiblegorilla.com/ Dan’s book Nobody’s Fool: https://dansimons.com/NobodysFool.html Outdoor Advertising Recall study: https://tinyurl.com/5e8s5nwv Subscribe to the (free) Nudge Newsletter: https://nudge.ck.page/profile…
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1 Francesca Gino Scandal: What Really Happened 31:18
31:18 Play Later Play Later Lists Like Liked31:18
Play Later Play Later Lists Like LikedThe Francesca Gino scandal shook the academic world, exposing fraudulent research practices at one of the world’s most prestigious institutions, Harvard Business School. This episode unpacks the details of the case, from the initial discoveries to the implications for science. You’ll learn: How a PhD student uncovered data manipulation in a high-profile study (feat. Zoe Xani’s investigation). The critical role of whistleblowers in exposing fraud (feat. Data Colada’s analysis). Key findings from Harvard’s 1,300-page report on research misconduct. Which studies were faked and what they claimed to find. How self-correcting mechanisms can strengthen trust despite scandals. ---- Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ ---- Sources: Data Colada. (2023). [109] Data falsificada (Part 1): “Clusterfake”. https://datacolada.org/109 Data Colada. (2023). Data falsificada (Part 1): Evidence that Francesca Gino fabricated data. Data Colada. Retrieved from https://datacolada.org/110 Data Colada. (2023). Data falsificada (Part 3): The cheaters are out of order. Data Colada. Retrieved from https://datacolada.org/111 Data Colada. (2023). Data falsificada (Part 4): Forgetting the words. Data Colada. Retrieved from https://datacolada.org/112 Data Colada. (2024). [116] Our (first?) day in court. https://datacolada.org/116 Data Colada. (2024). [118] Harvard’s Gino Report Reveals How A Dataset Was Altered, Data Colada. https://datacolada.org/118 Dalton, R. (2023, October 18). Embattled Harvard honesty professor accused of plagiarism. Science. Retrieved January 6, 2025, from https://www.science.org/content/article/embattled-harvard-honesty-professor-accused-plagiarism Dubner, S. J. (2024). Why is there so much fraud in academia? (Update) [Audio podcast episode]. In Freakonomics Radio. Freakonomics, LLC. https://freakonomics.com/podcast/why-is-there-so-much-fraud-in-academia-update/ Dubner, S. J. (2025). Can academic fraud be stopped? (Update) [Audio podcast episode]. In Freakonomics Radio. Freakonomics, LLC. https://freakonomics.com/podcast/can-academic-fraud-be-stopped-update/ Gino, F., Kouchaki, M., & Galinsky, A. D. (2015). The moral virtue of authenticity: How inauthenticity produces feelings of immorality and impurity. Psychological Science, 26 (7), 983–996. https://doi.org/10.1177/0956797615575277 Gino, F., & Wiltermuth, S. S. (2014). Evil genius? How dishonesty can lead to greater creativity. Psychological Science, 25 (4), 973–981. https://doi.org/10.1177/0956797614520714 Gino, F., Kouchaki, M., & Casciaro, T. (2020). Why connect? Moral consequences of networking with a promotion or prevention focus. Journal of Personality and Social Psychology, https://psycnet.apa.org/doiLanding?doi=10.1037%2Fpspa0000226 Harari, Y. N. (2024). Nexus: A brief history of information networks from the Stone Age to AI. Fern Press. Judo, P. (2024). It’s over – Gino vs Harvard fake data scandal [Video]. YouTube. https://youtu.be/Q9tgyVPytBk Konnikova, M. (2023). They studied dishonesty. Was their work a lie? The New Yorker. https://www.newyorker.com/magazine/2023/10/09/they-studied-dishonesty-was-their-work-a-lie Lewis-Karus. (2024). How a scientific dispute spiraled into a defamation lawsuit. The New Yorker. https://www.newyorker.com/news/news-desk/how-a-scientific-dispute-spiralled-into-a-defamation-lawsuit Shu, L. L., Mazar, N., Gino, F., Ariely, D., & Bazerman, M. H. (2012). Signing at the beginning makes ethics salient and decreases dishonest self-reports in comparison to signing at the end. Proceedings of the National Academy of Sciences, 109 (38), 15197–15200. https://doi.org/10.1073/pnas.1209746109…
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1 Can I fool veteran marketers with my AI fakery? 24:16
24:16 Play Later Play Later Lists Like Liked24:16
Play Later Play Later Lists Like LikedI put AI to the test at one of the world’s largest marketing conferences, Inbound 2024. This episode dives into the surprising results of my experiment and what they mean for the future of marketing. You’ll learn: Why AI-generated content is seen as error-free (feat. 2022 study by Henestrosa et al.). How AI compares to humans in persuading consumers (feat. 2023 meta-analysis). Why strong positioning, like Wistia’s, is key to beating AI at its own game. The marketing tasks most at risk of being taken over by AI (feat. 2024 survey). A senior marketer’s take on whether AI could ever replace humans (feat. Richard Truncale). ---- Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ ---- Sources: Henestrosa, A. L., Greving, H., & Kimmerle, J. (2022). Automated journalism: The effects of AI authorship and evaluative information on the perception of a science journalism article. Computers in Human Behavior, 138, 107445. https://doi.org/10.1016/j.chb.2022.107445 Huang, G., & Wang, S. (2023). Is artificial intelligence more persuasive than humans? A meta-analysis. Journal of Communication, 73(6), 552–562. https://doi.org/10.1093/joc/jqad024 Kasumovic, D. (2024). Artificial intelligence (AI) marketing benchmark report: 2024. Influencer Marketing Hub. https://influencermarketinghub.com/ai-marketing-benchmark-report/ Shotton, R. (2023). The illusion of choice: 16 ½ psychological biases that influence what we buy. Harriman House. Chan, W. T. Y., & Leung, C. H. (2018). An empirical study on reverse psychology applied in advertising messages. Asian Journal of Empirical Research, 8 (9), 321–329. https://doi.org/10.18488/journal.1007/2018.8.9/1007.9.321.329…
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From curing scurvy to shaping billion-dollar business strategies, this is the story of the most important experiment in science and its profound impact on our world. ---- Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ ---- Inspired by the insights and storytelling of May Contain Lies How Stories, Statistics, and Studies Exploit Our Biases – And What We Can Do About It , authored by Alex Edmans.…
I spoke to the leading behavioural science authors, researchers and practitioners in 2024. Here are their top lessons. It features insights from Tali Sharot, Todd Rodgers, Rory Sutherland, Prof. Sarah Moore, and Chris Voss. Plus, some big news for 2025. You’ll learn: Why our happiness fades, no matter how good life gets (feat. Tali Sharot). How shorter emails can drastically improve response rates (feat. Todd Rogers). Why our behaviours often shape our attitudes—rather than the other way around (feat. Rory Sutherland). The surprising persuasive power of swear words in reviews and advertising (feat. Sarah Moore). A hostage negotiator’s secret for winning arguments (feat. Chris Voss). ---- Sign up to my newsletter: https://www.nudgepodcast.com/mailing-list Connect on LinkedIn: https://www.linkedin.com/in/phill-agnew-22213187/ Watch Nudge on YouTube: https://www.youtube.com/@nudgepodcast/ ---- Sources: Epstein, Leonard H., Katelyn A. Carr, Meghan D. Cavanaugh, Rocco A. Paluch, and Mark E. Bouton (2011): “Long-term habituation to food in obese and nonobese women,” American Journal of Clinical Nutrition, 94(2), 371–376. Adams, Gabrielle S., Benjamin A. Converse, Andrew H. Hales, and Leidy E. Klotz (2021): “People systematically overlook subtractive changes,” Nature , 592, 258–261. Rogers, Todd, and Jessica Lasky-Fink (2020): “Write shorter messages,” Harvard Kennedy School . Boomerang (2016): “7 Tips for Getting More Responses to Your Emails—Backed by Data,” Boomerang Blog . Rosset, Evelyn (2008): “It's No Accident: Our Bias for Intentional Explanations,” Psychological Science , 19(6), 566–572. Lafreniere, Katherine C., Sarah G. Moore, and Robert J. Fisher (2022): “The Power of Profanity: The Meaning and Impact of Swear Words in Word of Mouth,” SAGE Open . Westerholm, Jim (2017): “Damn good coffee: Swear words and advertising,” Mälardalen University. van Kleef, Gerben A., Carsten K. W. De Dreu, and Antony S. R. Manstead (2004): “The Interpersonal Effects of Anger and Happiness in Negotiations,” Journal of Personality and Social Psychology , Vol. 86, No. 1, pp. 57–76. This episode contains swear words.…
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1 Every trick Steve Jobs used to persuade in 68 minutes 1:08:48
1:08:48 Play Later Play Later Lists Like Liked1:08:48
Play Later Play Later Lists Like LikedI’ve scoured his 38-year career and documented every persuasion tactic he’s used. Here’s how Steve Jobs became the most successful CEO of all time. Sign up to the (free) Nudge Newsletter: https://nudge.ck.page/profile Subscribe to Nudge on YouTube: https://www.youtube.com/@nudgepodcast
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1 I changed one sentence and got 20% more views 24:46
24:46 Play Later Play Later Lists Like Liked24:46
Play Later Play Later Lists Like LikedI tested a fairly unknown persuasion principle on 96 loyal Nudge listeners. It made my message 20% more effective. To hear how and why, listen to the latest episode of Nudge with the fantastic Bas Wouters, best-selling author and CEO of the Cialdini Influence. Bas’s book Online Influence: https://www.onlineinfluence.com/book-online-influence/ Cialdini’s latest edition of Influence: https://tinyurl.com/2sdz9524 Join the Nudgers: https://forms.gle/wyKZB9SrHKnFks7G6 Subscribe to the (free) Nudge Newsletter: https://nudge.ck.page/profile…
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1 This Harvard prof made my emails 3.5x better 25:00
25:00 Play Later Play Later Lists Like Liked25:00
Play Later Play Later Lists Like LikedI’ve spent weeks writing handwritten letters rather than emails. I’m running an experiment inspired by today’s guest, Harvard Professor Mike Norton. Mike’s the scientist behind the IKEA Effect, and in today’s Nudge, he explains how that bias could help me gain more reviews. Did it work? Find out on today’s episode of Nudge. Mike’s book Ritual Effect: https://tinyurl.com/mwbvws3n Watch Nudgestock: https://www.youtube.com/@nudgestock Control emails: https://im.ge/i/Control-emails.fEPKZW Handwritten emails: https://im.ge/i/handwritten-emails.fEPfX0 Stats for the control email: https://im.ge/i/Control.fEP9YK Stats for the handwritten email: https://im.ge/i/Handwritten-variant.fEP5hF Subscribe to the (free) Nudge Newsletter: https://nudge.ck.page/profile…
This is one of my favourite interviews of the year. Listen, and you’ll learn why you should go last in a job interview, why you should pay incentives out in regular but smaller sums, and how you should always list your benefits in threes. Steve’s book: https://tinyurl.com/23u5aysv Steve’s website: https://influenceatwork.co.uk/ Subscribe to the Nudge Newsletter: https://nudge.ck.page/profile…
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1 I watched 300 TV ads: Here’s how they nudge you 46:27
46:27 Play Later Play Later Lists Like Liked46:27
Play Later Play Later Lists Like LikedI spent four hours watching 300 ads back to back. Today, I reveal how they use psychological principles to persuade you. Subscribe to the (free) Nudge Newsletter: https://nudge.ck.page/profile
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1 The Psychology Behind a Perfect (SaaS) Website 22:48
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Play Later Play Later Lists Like LikedThe world’s best websites follow psychology-backed rules. Today’s guest, Thomas McKinlay, has read over 500 scientific marketing papers to figure out how to create a perfect website. On this episode of Nudge, he shares all the secrets. Thomas’s newsletter: https://www. sciencesays.com Subscribe to the Nudge newsletter: https://nudge.ck.page/profile Get the bonus episode: https://nudge.ck.page/2a6d523eea…
In today’s episode, I use a marketing psychology principle to try to go viral on YouTube. Did it work? Listen to find out. Effortful YouTube video: https://youtu.be/L6ueaBYDop8?si=5kHrlW66Fdzk6yTb Effortless YouTube video: https://youtu.be/bhMCGaRsyUQ?si=LSXqZExxOZX7gIji Sign up for the Nudge Newsletter: https://nudge.ck.page/profile…
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1 I shrunk Britain’s #1 bread. Did anyone notice? 22:35
22:35 Play Later Play Later Lists Like Liked22:35
Play Later Play Later Lists Like LikedI shrunk Britain’s favourite bread and showed it to a dozen Brits from Bolton. I was experimenting with shrinkflation. Companies shrink the size of their products without changing the price, benefiting from a psychological bias that means we struggle to notice small changes. Today, chatting with Grace Forell from Which?, I figure out the psychology behind shrinkflation, why it works, and I test if anyone notices my shrunken loaf of bread. Methods of Persuasion: https://www.kolenda.io/books Grace Forell’s podcast: https://tinyurl.com/38hu99bu…
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1 Can I persuade 20 strangers to listen to Nudge? 31:29
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Play Later Play Later Lists Like LikedToday, I try to persuade 20 total strangers to listen to Nudge. To help, I’ve asked Brain Ahearn for advice. Brian’s Tedx talk on pre-suasion has been viewed by over 1 million people. He teaches tactics that anyone can use. So, I put his advice to the test. I’ve found 40 strangers and asked them if they’d listen to Nudge, but for 20 I used Brian’s ‘pre-suasion’. Did it work? Tune in to find out. Brian’s LinkedIn: https://www.linkedin.com/in/brianfahearn/ Brian’s website: https://influencepeople.biz/ Learn more about Voxpopme: https://www.voxpopme.com/…
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1 Lessons from the longest study on human happiness 32:59
32:59 Play Later Play Later Lists Like Liked32:59
Play Later Play Later Lists Like LikedWhat makes us happy? This question generates wildly different answers. I asked four Nudge listeners and got four different answers. Being the behavioural science nerd I am, I’ve always wondered if there is a scientific answer to this question. Is there a study that reveals the secrets behind the good life? Yes, there is. It’s the longest study on human happiness ever conducted. Today, I spoke to Marc Schulz, the associate director of that study, and he shared the results. What causes a happy life? Find out on today’s episode of Nudge. Marc’s book The Good Life: https://tinyurl.com/3fzcwuhp Access the Bonus Episode: https://nudge.ck.page/8c8b5f6c05…
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1 Is the “godfather of influence” still relevant? 39:05
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Play Later Play Later Lists Like LikedRobert Cialdini is known to most as the godfather of influence. But is his 40-year-old book still relevant? Today, with Bas Wouters, best-selling author and CEO of the Cialdini Influence, we debate whether Cialdini’s 1984 findings still apply. How I persuaded 8 influencers to promote Nudge: https://tinyurl.com/y8dvy9xk Bas’s book Online Influence: https://www.onlineinfluence.com/book-online-influence/ Cialdini’s latest edition of Influence: https://tinyurl.com/2sdz9524 BBC’s Bickman experiment: https://youtu.be/4jcleVvgchs?si=hxG2nodA_1vAZfDS Subscribe to the (free) Nudge Newsletter: https://nudge.ck.page/profile…
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