What We Can Learn From Chess Grandmasters

Founder's Journal

Morning Brew

Entrepreneurship, Careers, Business

4.8 • 1.1K Ratings

🗓️ 21 July 2023

⏱️ 8 minutes

🔗️ Recording | iTunes | RSS

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Summary

Episode 18: When it comes to an idea, we naturally try to identify the solution to any problems we inevitably encounter. In the world of Chess, amateur players tend to resort to this solution-centric thought process. However, grandmasters spend time falsifying their idea before they make their next move. This is called the falsification ratio. Alex Lieberman (@businessbarista) breaks down what the ratio is and how it can relate to the world of business, but also why it can be impractical in reality. Timestamps: (01:01): Intro (01:30): The falsification ratio (03:53): Why falsification ratio is harder than you think Links: Notes on Puzzles - Nabeel S. Qureshi Think Like a Super-GM: Adams, Michael, Hurtado, Philip Send us an email and let us know what you think of the idea! foundersjournal@morningbrew.com #FoundersJournal #Startups #Entrepreneur Listen to Founder’s Journal here: https://link.chtbl.com/OV4W93_W Watch Founder’s Journal here: https://www.youtube.com/@FoundersJournal/ Subscribe to Morning Brew! Sign up for free today: https://bit.ly/morningbrewyt Follow The Brew! Instagram - https://www.instagram.com/morningbrew/ Twitter - https://twitter.com/MorningBrew Tik Tok - https://www.tiktok.com/@morningbrew Follow Alex! Alex Lieberman (@businessbarista) Learn more about Shopify here: https://shopify.com/crazyones Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0	What's up everyone? Welcome back to another episode of Founder's Journal.
0:04.4	Today I am sharing a mental model that I think is a hidden superpower of all great entrepreneurs.
0:11.3	Let's hop into it.
0:21.8	What do you think of when you hear the word entrepreneur? A lone innovator pacing on a spotlight stage?
0:28.7	Sure, that's part of it, but entrepreneurs can only succeed with a trusted partner.
0:34.1	Find yours in Shopify. They're the commerce platform revolutionizing millions of businesses
0:40.0	worldwide. Whether you're IPO ready or starting your side hustle, Shopify can help you start,
0:45.8	run, and grow your business without the struggle. Shopify puts you in control of every sales
0:51.8	channel. Whether you're selling satin sheets from Shopify's in-person POS system or offering organic
0:58.0	olive oil on Shopify's all-in-one e-commerce platform, you're covered. What I love about Shopify is
1:04.5	how they give you all the tools and support you need to grow your business to the next level,
1:09.0	no matter how big or small your goals are. Sign up for a $1 per month trial period at Shopify.com
1:16.1	slash Founder's Journal all lowercase. Go to Shopify.com slash Founder's Journal to get started
1:23.3	at Shopify.com slash Founder's Journal.
1:32.4	So I was scrolling through Hacker News, which is one of my favorite sources for
1:36.8	just interesting tech and startup content. And one of the most upvoted posts on Hacker News on
1:43.5	the day that I was looking at it was an article called Notes on Puzzles. I was intrigued,
1:48.8	so I clicked on the link. And I started reading this piece by a guy named
1:52.6	Nabil Kureshi, who worked at Palantir for seven years, and he's now on a sabbatical traveling
1:58.5	the world and writing. This article was about Nabil's lessons from a book called Think Like a Super
2:03.2	GM, which is about what we can learn about decision making and thinking based on a study that was
2:08.4	done comparing the thought process of different skill level chess players from amateurs all the way
	...

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