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Dr. Mindy Weinstein

๐Ÿ‘ค Speaker
406 total appearances

Appearances Over Time

Podcast Appearances

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

We've got to make a purchase or we're going to value that particular product higher.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And it's just, again, it's the brain.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And that fascinated me when I first started coming across those studies.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

So I thought we're not just talking about focus groups where people are telling you, like we're seeing it in the brain.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

It's hard to argue with that.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

You can.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

So I mean, there's, there are things that you can do.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And so from a consumer perspective, we'll talk about it from that perspective.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

From a consumer perspective, it's stopping and being aware of, okay, am I purchasing this?

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

Because I'm worried I won't be able to purchase it later.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And if that's the case,

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

wait and what has also been found through a lot of research is that that fear of missing out or the regret we think we're going to have it's very very short-lived we're not going to continue to regret or feel that like FOMO feeling it goes away and so I think even knowing that like can help you step back and say why am I really doing this what is causing me to make that decision and

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

So that is a big thing.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

So just waiting, you know, and then the other thing too, is to ask yourself, and these are just more of the standard things of like, is it something I truly need?

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

Or am I just getting, you know, caught up in the frenzy and the competition with everyone else?

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

So you can go because a lot of the things I was talking about subconscious, but you can, it's subconscious.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

So it means you can access it, you just have to kind of

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

stop, you know, step back, let's take a breather, let's figure out what's going on.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

That is really important.

Creating Confidence with Heather Monahan
Confidence Classic: The Psychology of Scarcity with Dr. Mindy Weinstein

And so that's really how I mean, you can overcome it.