{"id":307,"date":"2022-07-16T10:00:29","date_gmt":"2022-07-16T04:30:29","guid":{"rendered":"https:\/\/raamanand.com\/insights\/?p=307"},"modified":"2022-07-16T10:00:29","modified_gmt":"2022-07-16T04:30:29","slug":"live-limitless-ikea-effect-survivor-bias-knowledge-vs-wisdom-and-whos-the-hero","status":"publish","type":"post","link":"https:\/\/raamanand.com\/insights\/live-limitless-ikea-effect-survivor-bias-knowledge-vs-wisdom-and-whos-the-hero\/","title":{"rendered":"Live Limitless: IKEA Effect, Survivor Bias, Knowledge Vs. Wisdom and Who\u2019s the Hero!"},"content":{"rendered":"\n<p class=\"has-text-align-center has-background has-medium-font-size\" style=\"background-color:#f1f1f1\">Live Limitless with Raam<br><br><meta charset=\"utf-8\">\u201c<strong><em>The World\u2019s Most Value-packed <s>Newsletter<\/s> Life-letter to WIN at Work, Life, and Home<\/em><\/strong>\u201d with:<br><br><span style=\"font-size: revert;\">3 big ideas, tips or strategies<\/span><br>2 stories, quotes or case-studies<br>1 critical question to ask yourself<\/p>\n\n\n\n<div class=\"wp-container-2 wp-block-columns\">\n<div class=\"wp-container-1 wp-block-column\" style=\"flex-basis:100%\"><\/div>\n<\/div>\n\n\n\n<p class=\"has-large-font-size\"><strong><strong><strong><strong>Live Limitless: IKEA Effect, Survivor Bias, Knowledge Vs. Wisdom and Who\u2019s the Hero!<\/strong><\/strong><\/strong><\/strong><\/p>\n\n\n\n<p class=\"has-small-font-size\"><em>read on<\/em> <strong>LIFELETTER.RAAMANAND.COM<\/strong> \u00a0 | \u00a0 <strong>JULY 16, 2022\u00a0<\/strong><\/p>\n\n\n\n<p><meta charset=\"utf-8\">____________<\/p>\n\n\n\n<h2><strong>3 Big Ideas, Tips or Strategies for this week<\/strong><\/h2>\n\n\n\n<p><strong>1. Connection<\/strong><\/p>\n\n\n\n<p>Everyone desires connection to ourselves, to others, to our work, to the moment, to God or higher energy or purpose. When we feel disconnected, we feel confused, unsatisfied or lonely. That&#8217;s why we always emphasize mindfulness, relationships and positive community in Live-Limitless.<\/p>\n\n\n\n<p><strong>2. Knowledge Vs. Wisdom<\/strong><\/p>\n\n\n\n<p>Knowledge is making the right choice with all the information.<\/p>\n\n\n\n<p>Wisdom is making the right choice without all the information.<\/p>\n\n\n\n<p><em>Source: James Clear<\/em><\/p>\n\n\n\n<p><strong>3. Who\u2019s the Hero?<\/strong><\/p>\n\n\n\n<p>You are not the hero. Make your audience your hero. You are the guide who helps your audience become the hero.<\/p>\n\n\n\n<p><meta charset=\"utf-8\">_____________<\/p>\n\n\n\n<h2><strong>2 Stories, Quotes, or Case-Studies for this week<\/strong><\/h2>\n\n\n\n<p><strong>1. Survivor Bias<\/strong><\/p>\n\n\n\n<p>You see many new unicorns popping up every day. You think entrepreneurship must be really awesome. We assume that the stories of those who survived are the entire story because the \u201cdead\u201d aren\u2019t there to speak. There could be many who didn\u2019t even complete a year or two.<\/p>\n\n\n\n<p><strong>2. IKEA Effect<\/strong><\/p>\n\n\n\n<p>People place a higher value on things that they have worked to create or build. They go to any length to prove their affinity. This is called the IKEA effect because they sell \u201cDIY\u201d projects that you bring home and assemble yourself \u2014 \u201cIsn\u2019t the table awesome? I built it.\u201d<\/p>\n\n\n\n<p>_____________<\/p>\n\n\n\n<h2><strong>1 Critical Question to Ask Yourself<\/strong><\/h2>\n\n\n\n<p><em>We tend to think that the past was better than the future.<\/em><\/p>\n\n\n\n<p><strong><em>&#8220;What are some great things from the past that you can improve in the future?&#8221;<\/em><\/strong><\/p>\n\n\n\n<p><\/p>\n\n\n\n<p>Did you like this week\u2019s \u201cLife-letter\u201d? Then, don\u2019t keep this to yourself. Share it with others.<\/p>\n\n\n\n<p>Share this life-letter on Twitter, Facebook, Linkedin, WhatsApp or via email.<\/p>\n\n\n\n<p><a href=\"http:\/\/lifeletter.raamanand.com\">http:\/\/lifeletter.raamanand.com<\/a><\/p>\n\n\n\n<p>Let\u2019s meet again. Until then, Keep Smiling\u2026 Believe in Yourself\u2026 and Get all the Best Things in Life,<\/p>\n\n\n\n<p><strong>Raam Anand<\/strong><\/p>\n\n\n\n<p>Publishing Coach to hundreds of first-time authors around the world<br>Publisher &amp; Chief Editor at Stardom Books (USA\/India)<br>Author of the International Bestseller, Write Now<\/p>\n\n\n\n<p class=\"has-small-font-size\">About this life-letter: You are receiving this email because you have subscribed to this weekly life-letter. Every week, I write and share 3 big ideas, 2 quick stories, and 1 critical question, especially for you. Occasionally, I send out longer content on personal and professional development or self-improvement topics.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Live Limitless with Raam \u201cThe World\u2019s Most Value-packed Newsletter Life-letter to WIN at Work, Life, and Home\u201d with: 3 big ideas, tips or strategies2 stories, quotes or case-studies1 critical question to ask yourself Live Limitless: IKEA Effect, Survivor Bias, Knowledge Vs. Wisdom and Who\u2019s the Hero! read on LIFELETTER.RAAMANAND.COM \u00a0 | \u00a0 JULY 16, 2022\u00a0 ____________ 3 Big Ideas, Tips or Strategies for this week 1. Connection Everyone desires connection to ourselves, to others, to our work, to the moment, to God or higher energy or purpose. When we feel disconnected, we feel confused, unsatisfied or lonely. That&#8217;s why we always emphasize mindfulness, relationships and positive community in Live-Limitless. 2. Knowledge Vs. Wisdom Knowledge is making the right choice with all the information. Wisdom is making the right choice without all the information. Source: James Clear 3. Who\u2019s the Hero? You are not the hero. Make your audience your hero. You are the guide who helps your audience become the hero. _____________ 2 Stories, Quotes, or Case-Studies for this week 1. Survivor Bias You see many new unicorns popping up every day. You think entrepreneurship must be really awesome. We assume that the stories of those who survived are the entire story because the \u201cdead\u201d aren\u2019t there to speak. There could be many who didn\u2019t even complete a year or two. 2. IKEA Effect People place a higher value on things that they have worked to create or build. They go to any length to prove their affinity. This is called the IKEA effect because they sell \u201cDIY\u201d projects that you bring home and assemble yourself \u2014 \u201cIsn\u2019t the table awesome? I built it.\u201d _____________ 1 Critical Question to Ask Yourself We tend to think that the past was better than the future. &#8220;What are some great things from the past that you can improve in the future?&#8221; Did you like this week\u2019s \u201cLife-letter\u201d? Then, don\u2019t keep this to yourself. Share it with others. Share this life-letter on Twitter, Facebook, Linkedin, WhatsApp or via email. http:\/\/lifeletter.raamanand.com Let\u2019s meet again. Until then, Keep Smiling\u2026 Believe in Yourself\u2026 and Get all the Best Things in Life, Raam Anand Publishing Coach to hundreds of first-time authors around the worldPublisher &amp; Chief Editor at Stardom Books (USA\/India)Author of the International Bestseller, Write Now About this life-letter: You are receiving this email because you have subscribed to this weekly life-letter. Every week, I write and share 3 big ideas, 2 quick stories, and 1 critical question, especially for you. Occasionally, I send out longer content on personal and professional development or self-improvement topics.<\/p>\n","protected":false},"author":1,"featured_media":308,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[2],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.5 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Live Limitless: IKEA Effect, Survivor Bias, Knowledge Vs. 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Wisdom and Who\u2019s the Hero! read on LIFELETTER.RAAMANAND.COM \u00a0 | \u00a0 JULY 16, 2022\u00a0 ____________ 3 Big Ideas, Tips or Strategies for this week 1. Connection Everyone desires connection to ourselves, to others, to our work, to the moment, to God or higher energy or purpose. When we feel disconnected, we feel confused, unsatisfied or lonely. That&#8217;s why we always emphasize mindfulness, relationships and positive community in Live-Limitless. 2. Knowledge Vs. Wisdom Knowledge is making the right choice with all the information. Wisdom is making the right choice without all the information. Source: James Clear 3. Who\u2019s the Hero? You are not the hero. Make your audience your hero. You are the guide who helps your audience become the hero. _____________ 2 Stories, Quotes, or Case-Studies for this week 1. Survivor Bias You see many new unicorns popping up every day. You think entrepreneurship must be really awesome. We assume that the stories of those who survived are the entire story because the \u201cdead\u201d aren\u2019t there to speak. There could be many who didn\u2019t even complete a year or two. 2. IKEA Effect People place a higher value on things that they have worked to create or build. They go to any length to prove their affinity. This is called the IKEA effect because they sell \u201cDIY\u201d projects that you bring home and assemble yourself \u2014 \u201cIsn\u2019t the table awesome? I built it.\u201d _____________ 1 Critical Question to Ask Yourself We tend to think that the past was better than the future. &#8220;What are some great things from the past that you can improve in the future?&#8221; Did you like this week\u2019s \u201cLife-letter\u201d? Then, don\u2019t keep this to yourself. Share it with others. Share this life-letter on Twitter, Facebook, Linkedin, WhatsApp or via email. http:\/\/lifeletter.raamanand.com Let\u2019s meet again. Until then, Keep Smiling\u2026 Believe in Yourself\u2026 and Get all the Best Things in Life, Raam Anand Publishing Coach to hundreds of first-time authors around the worldPublisher &amp; Chief Editor at Stardom Books (USA\/India)Author of the International Bestseller, Write Now About this life-letter: You are receiving this email because you have subscribed to this weekly life-letter. Every week, I write and share 3 big ideas, 2 quick stories, and 1 critical question, especially for you. Occasionally, I send out longer content on personal and professional development or self-improvement topics.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/raamanand.com\/insights\/live-limitless-ikea-effect-survivor-bias-knowledge-vs-wisdom-and-whos-the-hero\/\" \/>\n<meta property=\"og:site_name\" content=\"Live Limitless with Raam\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/facebook.com\/raamanand\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-16T04:30:29+00:00\" \/>\n<meta name=\"author\" content=\"raam\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@raamanand\" \/>\n<meta name=\"twitter:site\" content=\"@raamanand\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"raam\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/raamanand.com\/insights\/live-limitless-ikea-effect-survivor-bias-knowledge-vs-wisdom-and-whos-the-hero\/\",\"url\":\"https:\/\/raamanand.com\/insights\/live-limitless-ikea-effect-survivor-bias-knowledge-vs-wisdom-and-whos-the-hero\/\",\"name\":\"Live Limitless: IKEA Effect, Survivor Bias, Knowledge Vs. 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