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00:00:50.289Hi, I'm Dr. Hastings here. Most of us have been taught that Yet when uncertainty hits.
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00:01:28.879These tools often fail. In this episode, Angus Fletcher explains and why entrepreneurs thrive, not by predicting the future, but In this conversation.
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00:01:56.000you'll learn why your brain is actually built for uncertainty.
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00:02:25.719Trying to think like a computer weakens entrepreneurs instead of guess.
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00:03:00.770Welcome to the Value Creators Podcast. Well, it's our special that's very close to us. Your book, Primal Intelligence.
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00:03:47.150tells us that we've been taught wrongly about intelligence. We've And that's not right.
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00:04:31.000So let's let's make that the beginning. Tell us what's wrong as the, the alternative.
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00:10:03.070Yeah. So we think that as the and the reason for that, that anxiety, that panic, as you say, You can't know the future. And so in that sense, you can run the But you have no idea what's going to happen. And you've got So we think of what you're talking about very much as that you mentioned a lot in the book. I think be helpful for the, the four major pillars, and then we'll try and relate them to Let's dive into each of those from an emotional I'm sorry, an I, I just reading another book by Laura Wang, which I'm sure.
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00:13:30.059you're familiar with called intuition. She says intuition is of clarity at the end of the intuition process that says, let's Good. That's really helpful. I'll stop reading that book. But this And I'm looking for your help is insight. So we talk about insight.
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00:15:51.110when you're trying to examine a market or a facet of demand or what you just talked about, a piece of unusual information and find out what's the motivation or what's the cause behind that.
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00:16:11.129You imagine that future, right?
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00:17:29.009And one of the things you point that you imagine lots of futures.
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00:22:18.039Is that is that the right way to that imagination helps define the strategy. It's, it's a source So that sounds like narrowing the possibilities. Is that, is Yeah. So I think common sense relates to what entrepreneurial It it's the ability to make decisions in the face of all this to, to do that. So is that does judgment sound like common But in judgment we think of that that action as an experiment.
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00:24:34.710called absolute uncertainty, which is I don't know what to put it So you've all we can do is pick an experiment and see what Wow okay. That's very instructive. Must be well.
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00:27:20.049it must be hard to do. Right. I mean as you say the the opposite So maybe that's an opportunity to weave in emotion again. In One that it's it's behind the choices that our customers are But then the the outbound from the entrepreneur we call empathy is, is any of that close to right.
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00:34:16.250Yeah. So that's why you call a decision making system. But in an entrepreneurial context, We so it's not empathy but I need to at least have a thesis what's what's making them make decisions. We we say they don't but they're uneasy about what they've got. And therefore that's Yeah. This is all very fascinating because the opposite as we So we were always taught the five whys. Keep asking people And. We're delighted to announce the Value Creators Online course big or small or medium, at every stage in every industry. Our Simple, clear purpose and principles give rise to There are 11 foundational principles on mental models that Principles for value generation, principles for value operations.
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00:37:55.769These principles are delivered by top business professionals Mark Packard, PEV Ireland, Gordon Miller, David Wrap and You'll find video lessons from them, along with downloadable Most of these lessons and you will master the most important Yeah. So this this idea of the shift and this another shift is The and you say the way we've been taught to think about how Tell us about that.
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00:37:55.769And.
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00:43:06.199So that that gets us back to entrepreneurship. We always try It's just doing so. So let me try out another shift on you and And that's the philosophical shift. And I'm on dangerous And that's a shift from positivism, which, roughly It's about everything has to be quantified and logical and and But it might not be the right word, but it admits all of the that now you're talking about and that in business we think which is positivist.
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00:44:53.039and entrepreneurship, which is much more subjectivist intelligent, So let me try that out on the what do you think of that And. And. All right.
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00:44:53.039How do you feel about economics?
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00:44:56.380And.
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00:44:56.380Right.
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00:45:50.909So is is complex adaptive systems theory helpful here, which But then great emergent properties result from that.
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00:47:31.110Yeah. Amen to that. On individualism. So education can people learn young people especially learn primal Yeah. We're trying to think of the idea of entrepreneurial And that is I like your phrase.
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00:47:50.980It's about the questions that Right.
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00:54:16.210Is there such a thing as should we use that word because, as you say, those conjures in my So. So a wolf pack of leaders, that's a, that's a great concept I'm a leader and sometimes your leaders. Is that I want you to Well, we've got to rewrite the theories of entrepreneurship, I from special operators to entrepreneurs? I'm going to end The you mentioned a couple of entrepreneurs like Jobs and And he said, we have finer fibers that enable us to perceive So that kind of summed it up.
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00:55:25.050I've got to I've got to find my He was incredibly resilient to he kept that belief through all And you just kept kept believing.
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00:56:05.000Well Angus thank you so much.
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00:56:33.199And as we say we're going to And just tell us about the science of story very quickly Wonderful. Well I guess thank you very much for today. You've
