#44 | Why Billionaires Update Their Mental Models While Everyone Else Defends Comfortable Illusions (And How Reed Hastings Abandoned Netflix's $1.2B DVD Success To Build A $200B Streaming Empire)
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About this listen
Are your business decisions being sabotaged by mental models you think are “correct”?
Most entrepreneurs and executives cling to outdated assumptions, defending comfortable beliefs while reality silently changes beneath them. This episode reveals why billionaires like Reed Hastings, Jensen Huang, and Daniel Ek consistently outsmart their competition: they test their assumptions and update their mental models when reality contradicts their maps.
By listening, you’ll learn:
- How to identify gaps between your mental models and the actual market territory.
- A step-by-step framework for systematic reality testing to keep your strategic thinking adaptive.
- How updating your assumptions before reality forces correction can become your ultimate competitive advantage.
Listen now to discover how to transform your mental models into accurate, reality-aligned strategies that give you the edge your competitors will never see coming.
Discover how to build wealth, unlock the habits of millionaires, and master how billionaires think using mental models, decision-making psychology, and elite performance psychology as we explore the wealth mindset, money mindset, and millionaire mindset that fuel generational wealth, financial freedom, and discipline and success—this is the financial freedom podcast where thinking like the rich, learning brain hacks for success, understanding cognitive biases, and applying thought frameworks, decision frameworks, productivity mindset, and success strategies all come together with behavioral economics, psychological hacks, and the psychology of success to help you think like a CEO through the lens of critical thinking podcast insights and mental models podcast breakdowns.