Saturday, May 7, 2022

Dunning-Kruger effect

Dunning-Kruger effect:
People with low ability tend to overestimate themselves. On the other hand, high performers have a tendency to underestimate their skills.

Overcoming the Dunning-Kruger effect
Take time to reflect. Some people feel more confident when they make decisions quickly, but snap decisions can lead to errors of judgment. ...
See learning as a way forward. ...
Challenge your own beliefs. ...
Change your reasoning. ...
Learn from feedback.

Beware of this effect when you are starting a new business.




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