We all view the world through different lenses and think differently based upon our upbringing, our experiences and our thought patterns. In other words, our brains are all programmed differently.
Thinking biases can cause us to make bad decisions. This is clearly problematic if you are managing a business such as location-based entertainment and FECs.
Business Insider recently collected a long list of 57 behavior biases that make us think irrationally to, as they said, “bring these biases to light so we can disrupt our thinking and come to terms with reality.”
Here’s a listing of some of those biases that we think can have a negative impact on location-based entertainment and family entertainment center development and management:
Also check out our article The entrepreneurial trap of human biases.