Couverture de Overcommitting, Confidence Bias, and Rebuilding for Success

Overcommitting, Confidence Bias, and Rebuilding for Success

Overcommitting, Confidence Bias, and Rebuilding for Success

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In this episode of our Saturday Morning Live, Libby and Chris dive deep into the concept of confidence bias, how it impacts decision-making, and why overcommitting often leads to under-delivering. Inspired by lessons from Thinking, Fast and Slow by Daniel Kahneman, they explore real-life examples from their own businesses and personal lives.

The conversation touches on:

  • How confidence bias leads to overpromising and sabotages relationships.
  • Strategies to align expectations and improve communication in leadership and teams.
  • The challenges of running businesses on operating systems like EOS and how Libby’s team is building a custom framework, the LD Framework, to suit their unique leadership style.
  • Why clarity in communication is critical to avoiding frustration and inefficiency.
  • A candid discussion about the explosion of coaching services and how to choose the right coach by seeking expertise and alignment with your goals.

Other highlights include:

  • Reflections on the importance of staying grounded in your industry while scaling into new ventures like coaching and tech.
  • Insights into business planning, restructuring, and overcoming leadership challenges.
  • A sneak peek into Libby’s upcoming book on operational efficiency and playbooks.

Whether you’re navigating personal growth, business challenges, or considering hiring a coach, this episode is packed with actionable insights and relatable experiences.

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