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NEwsLETTER
Healthy, Wealthy and Wise
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Friends,
I hope this newsletter finds you well. β This week, I'm sharing the 1st clip from my conversation with Magnus Meisal, the founder and Group CEO of the spectacular co-working space FOMO. β I would also like to invite you to consider 3 simple rules in life, and to explore the hidden forces that shape our decisions. β Let's dive into it π€Ώ
Video
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Succeeding Against All Odds and the Pivotal Partnership with Christian Ringnes
β π€©πΏ I sat down for a conversation with with Magnus ΓgΓ₯rd Meisal, the founder and Group CEO of the spectacular co-working space FOMO. The 1st clip from our conversation on the Accelerated Learning podcast is available now, check it out! β π‘In this clip, Magnus shares how FOMO succeeded against all odds. He dives into the backstory to how the pivotal partnership with real estate mogul Christian Ringnes came about, and how this enabled FOMO to reach new heights. Magnus also unveils the rationale behind breaking FOMO into several sub-companies that each focuses on their own niche, which contributes the whole FOMO experience, and how it ties into organizational development and scaling. β π By education Magnus is a civil engineer from the University of Stavanger (UiS). During his time at university, he led Start UiS, an organization that promotes innovation and entrepreneurship. While studying, he also developed the idea for MyBox, to use shipping containers for student housing. Later on, Magnus was also involved in the establishment of the co-working space Innovation Dock, in which he held a lead role for 2 years. β After leaving, he founded and headed the extraordinary co-working space FOMO at Forus. FOMO has become a great success, now spanning 75 000sqm and is valued at more than 130 MUSD. β π At heart, Magnus is an entrepreneur who values structure, but not when it hampers innovation, and his vision remains to foster communities, create meaningful experiences and environments. β βSubscribe π to my YouTube channel to support the Accelerated Learning podcast, and to not miss out on the full episode. β
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Food-for-Thought
π 3 Simple Rules in Life
Imagine Sarah, a talented graphic designer stuck in a dead-end job. She dreams of working at a prestigious agency, but fear holds her back. Applying these three simple rules, may offer help her break free. β Rule number one: Sarah needs to define "what she wants." Is it the creative freedom, the industry exposure, or the challenge? Clarity is her weapon. β Secondly, the rules remind her that silence equals "no." Sarah must craft a compelling portfolio and reach out to her dream agency. Rejection is a possibility, but it's just feedback, not a fatality. β Finally, the rules urge her to take action. Updating her portfolio is step one, followed by sending that introductory email. β Following these simple rules, Sarah transforms fear into action. She might not land her dream job instantly, but the journey itself becomes a powerful learning experience. These three simple rules offer a path forward, not a guarantee of instant success. But for those willing to step up, the rewards can be life-changing. β
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Article
What are the Hidden Forces that Shape Our Decisions?
I can highly recommend the book βPredictably Irrational: The Hidden Forces That Shape Our Decisionsβ (2008) by Dan Ariely to anyone interested in understanding the quirks and biases of human behavior.
Ariely uses a combination of experiments, anecdotes, and humor to illustrate how our rational minds are often overpowered by our irrational impulses. From the placebo effect to the power of free, Ariely offers fascinating insights into why we make the choices we do and how we can use this knowledge to make better decisions in our personal and professional lives.
Since its publication, the book has had a significant impact on the field of behavioral economics and beyond. It has been widely praised for its engaging writing style, practical insights, and contributions to our understanding of human decision-making. Overall, βPredictably Irrationalβ has helped to popularize the idea that humans are not purely rational beings and has encouraged us to approach decision-making with a more nuanced understanding of our own biases and limitations. β This article covers the book's key points, a great example story and the most significant quotes, as well as links to videos of Dan Ariely's best talks.
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Until next time, be well,
Joachim.
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