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The Monday Morning Memo

 

While most consultants focus on improving a company’s mechanics — sales, marketing, human resources, and the like — Charles Rose advises his clients on the best ways to unload the personal baggage that limits their bottom line and personal satisfaction. Charles Rose built an e-commerce company and sold it for 10 million dollars. He has since spent the past 20 years instructing CEOs and entrepreneurs on all the different ways ways to strike a productive balance between business success and life satisfaction. Listen in as Charles explains to roving reporter Rotbart, “On the path to business fulfillment, you must examine every aspect of your life, including physical health, mental health, and personal relationships.” 

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Random Quote:

“Deductive Reasoning is Overrated

Modern culture worships at the altar of deductive reasoning. We have been taught that if premise 1 and premise 2 are both true, the deductive (syllogostic) structure of “if/then” will lead us to a third, irrefutable truth.

This is how that often goes wrong:

Premise 1: All birds lay eggs.
Premise 2: Snakes lay eggs.
Therefore: Snakes are birds.

We know that snakes are not birds, so we examine Premise 1 and Premise 2 to see which one is false.

Neither of them is false.

Ohhhhhh… now I see the problem. Even though “All birds lay eggs,” they are not the ONLY animal that lays eggs.

Our premise wasn’t false; it was incomplete.

It is easy to find a premise that is true, but it is hard to know whether your premise is entirely complete and perfectly locked.

If we did not already know that snakes aren’t birds, we would likely have embraced the conclusion.

The second problem with our birds and snakes example is that we did not begin with a larger premise and move to a smaller one. Deductive reasoning is – by definition – subtractive. Although our birds and snakes example followed the same if/then structure of deductive reasoning, it was actually inductive, which is addition rather than subtraction.

Inductive reasoning is often correct, but not always.

If you believe that ‘if/then’ always leads to the truth, then you are mistaken.

(Do you see what I did there?)”

- Indy Beagle

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