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Learnings Mental Models

Founder’s Syndrome: Navigating the Pitfalls of Decision-Making

Introduction In the realm of decision-making, a phenomenon known as Founder’s Syndrome holds significant influence. Founder’s Syndrome refers to the psychological and behavioral patterns that can arise when the founder or key individuals in an organization, relationship, or even personal life become entrenched in their ideas and resist change or differing perspectives. This mental model, […]

Categories
Learnings Mental Models

Demand and Supply: Understanding the Mental Model and Its Implications

Introduction In our daily lives, we constantly make decisions based on the perceived availability and desirability of goods, services, and resources. The mental model of Demand and Supply plays a crucial role in shaping these decisions. Originating from the field of economics, Demand and Supply is a fundamental concept that explains the relationship between the […]