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MS

Michael Seibel

11/29/18

@ Y Combinator

Many people tend to seek advice that confirms their existing beliefs, which can lead to poor decision-making regarding their careers.

Video

YC

Why Should I Start a Startup? by Michael Seibel

@ Y Combinator

Why Should I Start a Startup? by Michael Seibel

11/29/18

Related Takeaways

MS

Michael Seibel

11/29/18

@ Y Combinator

In college, peer advice can shift from being helpful to misleading, as peers may not have the knowledge about the diverse career paths available.

MS

Michael Seibel

11/29/18

@ Y Combinator

Be cautious about taking advice from biased individuals, as many young people fail to recognize the biases in the advice they receive.

MS

Michael Seibel

11/29/18

@ Y Combinator

Understand the biases of those giving you career advice, especially from big companies, which may have ulterior motives in attracting talent.

RR

Rick Rubin

01/16/23

@ Andrew Huberman

The advice you receive from others is based on their experiences, which may not apply to your situation; it's hard enough to figure out what's right for ourselves.

DD

David Deutsch

01/31/22

@ Dwarkesh Patel

The relationship between advice-giver and advisee can be problematic, as it often involves authority, which can lead to poor decision-making.

MS

Michael Seibel

08/07/24

@ Y Combinator

When founders receive wrong advice, they create a flawed mental model of the startup world, making it harder for them to unlearn those misconceptions later.

SA

Sam Altman

11/09/18

@ Y Combinator

Most people are too risk-averse, leading to advice that favors conservative paths rather than taking calculated risks that could lead to greater rewards.

RS

Rory Sutherland

01/23/24

@ Chris Williamson

People often become entrenched in extreme positions, leading to counterproductive behaviors that hinder creativity and problem-solving.

DM

Dr. Michael Platt

02/17/25

@ Andrew Huberman

When making choices, people often pay more attention to potential losses than to potential gains, which can lead to loss aversion and impact their decision-making.