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Akimbo: A Podcast from Seth Godin

Cheap placebos

Akimbo: A Podcast from Seth Godin

Midroll Media

Society & Culture

4.81.9K Ratings

🗓️ 22 April 2020

⏱️ 25 minutes

🧾️ Download transcript

Summary

Getting smart about the stories we tell ourselves


Akimbo is a weekly podcast created by Seth Godin. He's the bestselling author of 19 books and a long-time entrepreneur, freelancer and teacher.

You can find out more about Seth by reading his daily blog at seths.blog and about the workshops at akimbo.com.

To submit a question and to see the show notes, please visit akimbo.link and press the appropriate button.



Hosted on Acast. See acast.com/privacy for more information.

Transcript

Click on a timestamp to play from that location

0:16.3

10 years ago, Duke Professor Dan Arieli published a paper that demonstrated two things, the first something we already knew, which is that placebo's can work as a pain reliever, that you can take a sugar pill, a pill that does nothing in a double-blind study, and your pain will go away.

0:20.4

But the second thing he demonstrated is that expensive placebo's work better than cheap ones.

0:27.0

Hey, it's Seth, and this is a Kimbo. We'll be back in a second to talk about humanity and cheap placebo's,

0:41.0

but first, here's a message from our sponsor.

0:45.0

Hey, it's Seth, let's talk about categories for a second.

0:50.0

There's the category of business where you raise millions of dollars, get on the cover of a magazine and sell out for a billion.

0:56.0

And then there's the freelancer who waits for the next gig.

0:59.0

But in between the two is the Bootstrapper.

1:02.0

The Bootstrapper has freedom. The bootstrapper works for her customers.

1:07.2

The bootstrapper gets to determine what's going to happen next. It's about building something

1:12.3

bigger than yourself without raising money

1:14.8

from strangers. And I'm thrilled that the Bootstrapper's workshop is back. It's back because

1:21.2

it works. Find the others. Connect with the others and learn the techniques necessary to build a bootstrapped business.

1:30.0

I can talk about it all day. This is close to my heart. It's what I've been able to do with my career.

1:35.0

But please check out the Bootstrappers Workshop.com for all the details.

1:40.0

I hope to see you there. Thanks.

1:42.0

For those of you who don't know about my obsession with placebo's,

1:46.0

placebo's are really important.

1:49.0

Here's the thing, plants do not respond to placebo's. They can't tell if you're feeding them bottled water or tap water.

1:58.0

And dogs? Dogs can't tell the difference between expensive dog food and cheap dog food if they're made out of the same ingredients.

2:07.0

Human beings are special. Human beings are special in one giant way, which is that we tell ourselves stories and those stories change

2:16.3

our physiology they actually change the way we interact with ourselves and with the

...

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