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The Power of Do-Overs: With Guests Jeff Ryan & Marissa Sharif

December 5, 2023
by
Charles Schwab
YouTube video player
The Power of Do-Overs: With Guests Jeff Ryan & Marissa Sharif

TL;DR

Giving yourself the option of emergency reserves or "mulligans" when working towards challenging goals can improve motivation and increase goal achievement.

Transcript

I really sliced that oh that's ugly it's way deep in the trees that's going to be tricky to get out of yeah you know if it's all right with you I'm going to take a mulligan and just give that one another try okay I won't add that swing but listen don't overdo it on The Mulligans all right CRA don't worry now that's looking better if you're a golfer... Read More

Key Insights

  • 🎮 Video games like Super Mario Brothers introduced the concept of extra lives, motivating players to explore the game further and persist in the face of failures.
  • 🥅 Marissa Sharif's research shows that incorporating emergency reserves in goal-setting can increase motivation and goal achievement.
  • 🆘 Hoarding emergency reserves and using them sparingly helps individuals push themselves while still having the flexibility to recover from setbacks.
  • 😒 Having a limited number of emergency reserves can prevent excessive use and maintain their psychological impact.
  • 🛟 Emergency reserves can be applied to various real-life goals, providing a safety net and increasing the likelihood of achieving challenging objectives.
  • 😀 The concept of emergency reserves has been integrated into various industries, such as weight management programs and language learning apps.
  • 🥅 Setting tough goals and giving oneself emergency reserves can strike a balance between pushing oneself and allowing for flexibility in achieving goals.

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Questions & Answers

Q: How did Super Mario Brothers change the philosophy of gaming?

Super Mario Brothers introduced the concept of "oneup" mushrooms, which granted players extra lives, encouraging exploration and pushing players to persist in the face of failures.

Q: How does incorporating emergency reserves in goal-setting improve motivation?

Emergency reserves provide a safety net that allows individuals to push themselves towards challenging goals and still have the flexibility to recover from setbacks without giving up.

Q: Are there any downsides to having too many emergency reserves?

Hoarding fewer emergency reserves is more effective than having too many. Limited reserves maintain their psychological impact while preventing excessive use.

Q: How can individuals apply the concept of emergency reserves in real-life goal-setting?

By setting challenging goals and incorporating a limited number of emergency reserves, individuals can motivate themselves to strive for their goals while still having the flexibility to recover from setbacks and persist in their pursuit.

Summary & Key Takeaways

  • Traditional video games had limited lives, encouraging players to insert more quarters. Super Mario Brothers introduced the concept of "oneup" mushrooms, granting players extra lives.

  • Oneup mushrooms became a key feature of the game, motivating players to persist in the face of failures and explore the game further.

  • Marissa Sharif's research shows that incorporating emergency reserves in goal-setting, such as allowing skip days for gym sessions, can increase motivation and goal achievement.

  • Hoarding emergency reserves and using them sparingly helps individuals push themselves while still giving them the flexibility to recover from setbacks.


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