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Blog for Entrepreneurs

On our blog, we share our knowledge about strategy, marketing & optimization so entrepreneurs can benefit directly.

Self serving bias
Biases

Written by Niek van Son MSc on January 17, 2025

Niek van Son

Self serving bias: definition, examples and practical tips

As entrepreneurs, we are constantly faced with important decisions and evaluations. We analyze our performance, adjust where necessary and plan for the future. But how objective are we really in these assessments? When a product is successful, we quickly conclude that it is because of our excellent market insight. But...

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Just world hypothesis
Biases

Written by Niek van Son MSc on January 10, 2025

Niek van Son

Just-world hypothesis: definition, examples and practical tips

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Bounded rationality
Biases

Written by Niek van Son MSc on December 20, 2024

Niek van Son

Bounded rationality: definition, examples and practical tips

As a business owner, you must make dozens of decisions every day. From small choices about office supplies to strategic decisions about investments or personnel management. In an ideal world, you would be able to analyze all available information for each decision and make the perfectly rational choice. But the reality is different: you have limited time, limited...

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Representative heuristic
Biases

Written by Niek van Son MSc on December 9, 2024

Niek van Son

Representativeness heuristic: definition, examples and practical tips

Picture this: A new employee comes in who looks exactly like your most successful salesperson ever. You immediately predict he's going to be a top performer. Or a potential client who looks like your ideal target - you're already convinced of a deal. But beware: your brain is playing you...

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Attentional Bias
Marketing

Written by Niek van Son MSc on August 9, 2024

Niek van Son

Attentional bias: definition, examples and practical tips

Imagine this: you are looking for a new supplier for your company. You've found two potential candidates. The first supplier has an impressive website full of rave customer reviews. The second supplier is new to the market and has very little online feedback. Despite the fact that the second...

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Action Bias
Biases

Written by Niek van Son MSc on August 2, 2024

Niek van Son

Action bias: definition, examples and practical tips

Imagine this: you have an important presentation for a potential client, but the technology is not cooperating. Out of frustration, you keep restarting the presentation repeatedly, even though the problem persists. This is a classic example of action bias: the tendency to take action even though...

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Affect Heuristic
Biases

Written by Niek van Son MSc on July 26, 2024

Niek van Son

Affect heuristic: definition, examples and practical tips

Have you ever looked back on a decision and wondered why you thought it was a good choice at the time? It is likely that the affect heuristic played a role. This cognitive bias can influence both big and small judgments and decisions. As an entrepreneur, it is crucial to keep your...

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Ambiguity Effect
Biases

Written by Niek van Son MSc on July 12, 2024

Niek van Son

Ambiguity effect: definition, examples and practical tips

People may be reluctant to use AI because they still trust human actions more than the unknown and mysterious of AI. In doing so, they do miss the opportunity to save time and money or benefit from a very creative outcome. Do they perhaps suffer ...

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Commitment Bias
Biases

Written by Niek van Son MSc on June 28, 2024

Niek van Son

Commitment bias: Definition, examples and practical tips

Imagine this: you've launched a new product that you've been working on for months. Despite extensive marketing campaigns, sales fall short of expectations. Yet you continue to invest in this product, driven by the hope that it will eventually catch on.

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Priming Effect
Biases

Written by Niek van Son MSc on June 3, 2024

Niek van Son

Priming effect: definition, examples and practical tips

Imagine smelling the aroma of freshly baked bread as you enter the supermarket; you are now a lot more likely to come out with a loaf of bread in your basket. This is a well-known example of the priming effect. In this article, we explore how...

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