If you believe that with each failure /
rejection you are one step closer to success, you are an idiot, but a hopeful
and occasionally happy one.
You probably learned that one in ten sales
calls / businesses (put anything here) succeeds. Moreover, the Motivational
Guru / Witch / voodoo priest you gave money to told you that if you failed /
didn’t make the sale, you should not worry too much because now, after a failure,
you are closer to a success.
Isn’t this
cute!? It makes sense, right? If one in
ten attempts is successful, then if you failed, you are closer to the
successful attempt.
NO! If you believe this bullshit you deserve
your fate of paying crooks to sell you illusions.
Saying that one in ten attempts is successful
is a way of framing information in such a way that your lazy brain kind of gets
it. What that piece of information means is that when doing something there is an
overall 0.1 probability of success. This, however, doesn’t mean that each
and every tenth attempt is successful.
Let’s turn things around a bit. Assuming you
need a surgery, the doctor tells you that there is a 99% chance that the
surgery will be successful and you’ll make a full recovery. This sounds really
nice, right?
What if the doctor will tell you that until now
the team operated successfully 99 patients and you are lucky number 100? Does
this mean that for sure you will die during the surgery?
It is exactly the same logic as in “with each
failure you are closer to success”.
Playing the lottery each and every week for one
year gives you a slightly better chance of winning once than if you would have
played only once a year; though, even playing each and every week offers still
a very low chance of winning.
Just to give you a numerical view: playing the
lottery once gives you a chance of 1 in 16.000.000 (sixteen million) of
winning. Playing it each week for one year gives you a chance of 52 in
16.000.000 of winning once. Not much of a difference, actually (numbers are
approximations for the Romanian main lottery).
However, if you played the lottery last week
and didn’t win, your chances of winning the lottery this week are not any
better than they were last week or the week before that or even winning it next
week.
With each failure you are at best as far away from
a success as before.
If there is no causality involved, after a failure your chances of success are
the same as before. If, however, there is causality, your chances of success
are even slimmer.
Assuming that it is true that overall there is
a 10% chance of success in an endeavour (read sales call if you can’t think in
abstract terms), the information tells us something about a large and diverse population.
It does not refer to YOU. It may very well be that you are special (most likely
not in a good way). An overall 10% chance of success does not necessarily mean
that YOU have 10% chance of succeeding. Sometimes there are good reasons why
one fails. It might very well be that your sales pitch/ business plan or
whatever is bad, flawed or it simply sucks. Trying over and over the same thing
that is flawed (or just sucks) does not increase your chance of success more
than playing the lottery weekly does increase one’s chance of winning it.
If anything, the fact that you have failed
several times should tell you that it’s likely that there is something wrong
with what you’re doing.
With every additional failure you are, in fact,
further from success!
But, if you believe that trying over and over
again will bring you success, that perseverance is a virtue and that all you
need is to keep yourself motivated and eventually you will succeed, then you
will think that I’m the idiot and not you.
Ignorance
is bliss! Luckily, Stupidity comes with ignorance as a bonus feature.
P.S. I’m
even a bigger idiot because I’m trying to explain these phenomena instead of
telling you what you want to hear and selling you illusions for only 9.99$/€.
1 comment:
Yeah, I also noticed that most people don't understand what probabilities are. With Lotteries we deal with probabilities, with most other things not. The 9 out of 10 that failed, did so because their activity (whatever it was) was worse than that of the 1 in 10 winners (given some error and bias). A couple of years ago there were bill boards in Amsterdam (for an insurance company?) saying things like "the chances you are getting married today are 0.01%" (I forgot what % they mentioned). I hated it, because I was 100% sure that the chance was actually 0% that I was going to get married that day. What they meant to say was "1 in 10.000 readers of this bill board will get married today". But it wasn't as if all readers were playing in a lottery and then having a 0.01% probability of drawing the prize of getting married today. According to a test I did a couple of years ago, only 16 out of 100,000 people have a higher IQ than I have. There is a bigger chance of finding those people at Universities than for example at the checkout of the local store... so please don't have bill boards saying "you have a 0.016% chance of having an IQ higher than 154".
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