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Data-Driven Life Decisions

Seth Stephens-Davidowitz, Chase Jarvis

Data-Driven Life Decisions

Seth Stephens-Davidowitz, Chase Jarvis

new-class money & life

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Class Description

There's a common misconception that artists have a monopoly on creativity...But the very act of making waves - no matter the career - is a creative one. The Chase Jarvis Live Show is an exploration of creativity, self-discovery, entrepreneurship, hard-earned lessons, and so much more. Chase sits down with the world's top creators, entrepreneurs, and thought leaders and unpacks actionable, valuable insights to help you live your dreams in career, hobby, and life.

ABOUT THIS EPISODE:

Is it always the best decision to trust your gut?

When it’s time to make a simple decision, (where to eat, what car to buy, where to go on vacation) we rely on resources and data at our disposal. We check reviews, compare ratings, and ultimately decide based on available data. So why does it often feel like we’re winging it when it comes to bigger life decisions? Am I happy? Am I working on the right things? Is my career on the right path?

What would our lives look like if we took a data driven approach to some of life’s bigger questions?

Seth Stephens-Davidowitz is an author, data scientist, and speaker who studies what we can learn about people from new, internet data sources. His 2017 book “Everybody Lies,” was a New York Times Bestseller and an Economist Book of the Year. Seth is a contributing op-ed writer for the New York Times and has worked as a visiting lecturer at the Wharton School and a Data Scientist at Google. His new book, “Don’t Trust Your Gut; Using Data to Get What You Really Want in Life,” hit the market in May of this year, and is now available for purchase.

In this episode, Seth discusses why you don’t need to wing it as much as you think you have to. There is legitimate value to following your intuition and trusting your gut at times. However, good decisions come from considering and comparing all information and resources available to make sure you’re arriving at conclusions with broad and detailed perspectives in mind.

Seth gives examples of online data sets that can be utilized when contemplating big decisions. There is so much information readily available to us that can help nudge us in the direction of the right/healthy/smart decision if we take the time to look. If we arrive at decisions from strictly a gut sense, we run the risk of acting from an emotional and reactive state, rather than from a well thought out, data driven, logical perspective.

Seth’s call to action is to observe the data that is readily available to you. Use them as guide posts. If we consider the collective experience of others in our own decision making, we start to understand ourselves on a deeper level; and that is a powerful place to make decisions from.