A Quote by Nir Eyal

Many innovations fail because consumers irrationally overvalue the old while companies irrationally overvalue the new. — © Nir Eyal
Many innovations fail because consumers irrationally overvalue the old while companies irrationally overvalue the new.
Too many investors overvalue companies in the near term while undervaluing them in the long term.
Too many people overvalue what they are not and undervalue what they are.
If old consumers were assumed to be passive, then new consumers are active. If old consumers were predictable and stayed where you told them, then new consumers are migratory, showing a declining loyalty to networks or media. If old consumers were isolated individuals, then new consumers are more socially connected. If the work of media consumers was once silent and invisible, then new consumers are now noisy and public.
I just think people overvalue argument because they like to hear themselves talk.
I had to overcome many things, many people telling me no. If you want it, and you believe in it, you have to do it. And I know it’s silly, and I know I’m kind of irrationally optimistic, but you have to be and you can’t really have another plan, because you’re going to fall back on it.
Companies, in fact, are specifically organized to under-invest in disruptive innovations! This is one reason why we often suggest that companies set up separate teams or groups to commercialize disruptive innovations. When disruptive innovations have to fight with other innovations for resources, they tend to lose out.
We overvalue the arts in relation to the sciences.
To overvalue something is a form of lying.
Why do eight out of ten new consumer products fail? Sometimes because they are too new. The first cold cereals were rejected by consumers. More often new products fail because they are not new enough.
We need to pass measures that protect consumers' private information while also encouraging new technological innovations.
A lot of companies have nice-sounding cultural values like integrity, respect, and excellence, but if those values don't map to specific behaviors, then they quickly get lost. Instead, we see what's called a 'halo effect' where leaders tend to overvalue certain attributes and undervalue others.
Victory is sweetest when you've know defeat. Ability will never catch up with the demand for it. You pay for everything, even including speaking your mind (with or without one). Too many people overvalue what they are not and undervalue what they are.
Rationally I have no hope, irrationally I believe in miracles.
Flowers make me irrationally happy.
Overvalue not therefore the manner of your own worship, and overvilify not other men's of a different mode.
I was always one of these people who is irrationally moved by stupid pop songs.
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