SUPER GUIDE: Mental Models The Super Guide about Mental Models is a complete guide on mental models and everything you need to know to understand them perfectly. Table of content Introduction What Is A Mental Model? Learning To Think Better Simulating With Our Minds Thinking About Systems Complex Systems Latticework Of Mental Models A Lesson On Elementary, Worldly Wisdom 1. Circle Of Competence 2. First Principles Thinking 3. Second-Order Thinking 4. The Map Is Not The Territory 5. Thought Experiments 6. Probabilistic Thinking Combining Mental Models Why Mental Models Are Important How A Mental Model Affects Your Business Using Mental Models To Innovate In The Workforce The Core Mental Models Circle Of Competence Examples Of The Circle Of Competence Hanlon’s Razor Origins Of Hanlon’s Razor The Place Of Hanlon’s Razor In A Latticework Of Knowledge The Availability Heuristic: Confirmation Bias Hateful Bias The Uses Of Hanlon’s Razor The Media Communication And Relationships Hanlon’s Razor Examples The Media And Apple The Covid-19 Pandemic Team Building The Benefits Of Hanlon’s Razor Thinking What Happens If We Do Not Apply Hanlon’s Razor Combating Cognitive Biases With Hanlon’s Razor First Principles Engaging In First-Principles Thinking Identify And Then Challenge Your Assumptions Separate The Problem Into Its Fundamental Principles Create New Solutions Thought Experiment Famous Thought Experiments Natural Tendencies Thought Experiments In Philosophy Thought Experiments In Science Probabilistic Thinking What Is Probabilistic Thinking? Bayesian Thinking Fat-Tailed Curves Asymmetries How Does That Tie Into The Product? Second-Order Thinking What Is Second-Order Thinking? Difference Between First-Order Thinking And Second-Order Thinking Improving Your Ability To Think. How To Develop Second-Order Thinking: Template To Make Better Decisions Examples Of Second-Order Thinking Example 1: Managing Crisis At Work Or Avoiding One First Order Thinking First-Order Thinking Consequence Second-Order Thinking Second-Order Thinking Consequence Example 2: Hiring For Now Vs. The Future First Order Thinking First-Order Consequence Second-Order Thinking Second-Order Consequence Inversion How Do We Learn Through Inversion What Happens When We Don’t Apply Inversion Examples Of Putting Inversion Mental Model To Use Manage Performance Master Productivity Achieving Cross-Functional Team Collaboration Enabling Innovation Occam’s Razor The History Of Occam’s Razor Examples Of Occam’s Razor In Companies Mcdonald’s Apple Where Can Occam’s Razor Be Applied In Business? Too Many Websites Bloated Proposals International Expansion Hanlon’s Razor Vs. Occam’s Razor Occam’s Razor Vs. Occam’s Broom Occam’s Razor Vs. Hickam’s Dictum Example Of Mental Models In Business The Eisenhower Matrix Network Effects The Flywheel Effect Agile Development Forcing Functions Regret Minimization Breaking Down The Regret Minimization Framework Project Reflect Internalize Observe React Bayes’ Theorem Confirmation Bias How Can We Recognize Confirmation Bias? What Information Do You Remember What Evidence Do You Seek How Do You Interpret Data Why Our Brains Are Wired For Confirmation Bias Fundamental Attribution Error How Fundamental Attribution Error Impacts Your Team Members Example Of Fundamental Attribution Error How To Avoid Fundamental Attribution Error Jealousy Tendency The Two Types Of Envy Social Comparison Jealousy Opportunity Costs Pareto Principle Preferential Attachment Redundancy Comparative Advantage Real-Life Examples Diversification Economies Of Scale An Example Of How Economies Of Scale Help The Rich Get Richer Efficient Market Hypothesis Applications Of Efficient Markets Applications Of Efficient Market Hypothesis (Emh) Game Theory Incentives (Reward And Punishment) History Of The Incentive Theory How Does Incentive Theory Work? Why Some Incentives Are More Motivating Than Others Why It Is Useful How It Fits Into The Latticework The Mental Models Of Systems Thinking Feedback Loops Positive Feedback Loops Stampede Bank Runs Microphones Learning Network Effect Negative Feedback Loops Our Body Nature’s Food Chains Equilibrium Supply And Demand + Equilibrium Feedback Loops And Equilibrium Diseases And Equilibrium Bottlenecks Scale Vertical Scaling: The Size Of Your Boat Horizontal Scaling: Supermarket Lines Dynamic Scaling: Keeping Comfortably Warm Margin Of Safety Example Of Investing And Margin Of Safety Churn Critical Mass Critical Mass In Business Examples Of Critical Mass Malcolm Gladwell On Tipping Points Connectors Mavens Salesmen The 10% Rule Law Of Diminishing Returns Conclusion Read an excerpt from this Mental Models Super Guide: “Mental models are structures that help us think. They make things easier to understand, so you can figure out what to do. They allow you to make good decisions for the long term, even when you don’t know everything about a situation. It is how you think about a problem in a specific way. One of the main ways that really smart people stand out from the crowd is by having a different toolbox for every issue.” This is must-have knowledge for entrepreneurs and business model analysts and consultants. If you want to dominate business models this super guide was made especially for you. Product images are for illustrative purposes only