Mimetic Theory & Decision Making
Founder's Journal
Morning Brew
4.8 • 1.1K Ratings
🗓️ 1 November 2021
⏱️ 12 minutes
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| 0:00.0 | What's up everyone? This is Alex Lieberman, co-founder and executive chairman of Morning Brew. |
| 0:05.7 | Welcome back to Founders Journal, my personal audio diary where I give you the business builder, |
| 0:12.0 | the tools you need to think better in order to build better, whether that's building a business, |
| 0:17.0 | a team, or a new product. Today I am talking about something called memetic theory, |
| 0:23.2 | why it is essential to understand and how it impacts the choices that you make every single day. |
| 0:30.4 | Let's hop into it. |
| 0:36.7 | Memetic theory sounds fancy, but all it means is that when people around you want something or |
| 0:43.3 | do something, you want it or do it too. Human beings at our core are copycats. |
| 0:50.2 | You see, the theory was created by this guy, René Gerard, and it was popularized most recently |
| 0:56.1 | by Peter Till, who is huge in the startup in tech world. René Gerard was a French historian and |
| 1:02.5 | philosopher who wrote 30 books and he finished his career teaching at Stanford. That's how Peter |
| 1:08.4 | Till met him. Peter, who is the co-founder of PayPal, Palantir, and Founders Fund. He was also |
| 1:15.3 | the first outside investor in Facebook. He was a student of Gerard when he was an undergrad at |
| 1:21.5 | Stanford, and he actually spoke at Gerard's memorial service after he passed away in 2015. |
| 1:28.2 | So beyond this basic definition of all of us being copycats, |
| 1:32.3 | Gerard's theory goes on to say that everything, all of our behaviors, every decision we make in life, |
| 1:38.0 | all of them are imitative. Only by observing others, do we learn and know what to desire. |
| 1:46.5 | And as I think about it intuitively, it makes sense, right? We all need shortcuts in life. |
| 1:52.6 | It's what allows us to navigate this ever-changing world without being overwhelmed by making |
| 1:58.6 | millions of decisions per day. Think about if we had to make every decision from scratch, |
| 2:03.8 | and then every decision we've already made, we had to make that decision again today. |
| 2:09.0 | We wouldn't be able to function in society. We don't question every day why we're brushing our teeth |
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