Law Of Averages - How To Be Successful In Anything You Do

The Law Of Averages is one of the most commonly taught concepts in the sales world. Find out why it's so powerful and how you can use it to find success in your life.
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[@roshanpradhan6253]

moral of the story is to never give up in whatever you do in life

[@AllanElMelon1043]

Just got tricked it to watching a motivation video. •_•

[@jayluis189]

Improvement Pill You're Awesome!!!! hahaha

[@forsetti84]

what if you will start to hurt other people by being too persistent? sometimes you have to give up, in order to stop people feeling bad, I think.

[@juankroosfrausto7411]

@@forsetti84 who cares what others think

[@reyvelmarcello466]

@@juankroosfrausto7411 well if you have a heart you will care

[@HvE123456789]

80% hard, 10% medium, 1% easy, Now please tell me where the other 9% went? They weren't home?

[@maniakliverpool2537]

Watzegik Datzegik i guess that 9% is the most random people's. if you're lucky that 9% will be another easy/medium if not that 9% will be the hard one

[@Saidifect]

hahahaha

[@sinaelb2596]

I guess someone lost their patience on those.

[@luisrubiov.1938]

Watzegik Datzegik It went to the law of averages. lol

[@ElBlancoPapi]

His numbers were arbitrary because it's just for the purpose of explaining the general concept!! Averages can change dramatically, depending on the situation but it still holds true. It is important to try to at least somewhat identify the Averages in whatever you're dealing with!!

[@HKT100]

You should probably put a disclaimer in the video about how you shouldn't use the law of averages in gambling...

[@ginsuma1402]

Not true...I've actually won back more than I've spent gambling. I had one week where I won money every single day.....Although..I don't suggest anyone depend on gambling especially if they have an addictive personality then it may become a problem.

[@HKT100]

Ginsuma sports? racing?

[@ginsuma1402]

Seki Uce sports, racing, card games, and the occasional scratch ticket

[@derekschubert1148]

It still applies - but in this scenario you are spending money for every hand you buy into and will *most likely* end up winning less money than the amount used to buy in.

[@Itzak15]

Seki Uce it only applies to life lol

[@along1298]

This video is basically a fancy way of saying PERSISTENCE. Yes, persistence is one of the few keys to success in ANYTHING in life. Failure is always temporary and a win/success is inevitable as long as you keep trying and keep on going.

[@taoist32]

TennisUmpire TV you could also say success is temporary. There is no steady state of success or failure. It will always go back and forth. Same with anything in life. Nothing lasts forever.

[@along1298]

Well, once you get through dozens of not hundreds of encounters of failure, you will start seeing & experiencing success at a MUCH higher rate, %, & frequency. You go from beginner to advanced to a "master" if you keep it whatever it is long enough, and at that point you will undoubtedly experience much less failure than in the start. That's the beauty of grinding it out initially - a short term investment for a lifetime of benefits at whatever it may be.

[@taoist32]

TennisUmpire TV true. However, you could grind it out forever and not make much progress if you are not aware of the problem/failure and use the proper strategy to overcome it. You have to learn from your mistakes, not just keep going. Btw, there is no level of beginner to advanced to master. You can leapfrog to greater results by using specific strategies depending on your goal. Look at billionaires. You can't become a billionaire by saving money. No matter how much you save, a billion dollars is unattainable. By building a business with unlimited financial potential or investing in high quality companies like Warren Buffet, you have a higher chance of making a billion. Being intelligent and working hard will help attain better results than just grinding it out.

[@along1298]

Yes, of course, I never said that grinding it out is the only key to achieving massive success. And yes, systems help when starting out, and yes you have to learn from mistakes and work hard & smart; but if you give up when it gets hard (esp in the beginning) if things don't work out as planned - you'll never achieve anything great in life. That's the point of this video and the idea of persistence.

[@nonzerosumgame4387]

Dangerous message to take in. Some might understand it as : "-Keep hitting your head on the wall, and eventually the wall breaks."

[@energy_waves]

SmartTheDumb That's a good point. How would you suggest I take it?

[@nonzerosumgame4387]

No idea. I'm a victim of over persistence too. In some cases it worked beautifully, in other cases I got tragic outcomes. But in the end it all ends up on the experience bucket.

[@energy_waves]

SmartTheDumb So basically, just use my intelligence as well as I can to know if it's a proper situation to apply the concept in.

[@nonzerosumgame4387]

Isn't that why we have it in the first place? The law of average applies to all things, even if we aren't aware of it. Though, it doesn't equate to a positive outcome in all cases.

[@energy_waves]

SmartTheDumb​ Yes I do believe it's why we have it, but living through this life with so many foolish people being brainwashed by so many things in everyday life, corrupted morals etc. I've lost that natural inclination to be smart and use my brain to learn things. I have to conciously force myself to adopt new concepts because I know they will be beneficial. But the good news is, I'm slowly but surely going back toward that healthy original mindset I had when I was little.

[@DorangoBread]

Just don't tell that to someone with a gambling problem XD

[@calvinkodisang8159]

James Last if you keep playing...you are going to win

[@Vielt0]

James Last too late I lost my house already.

[@omarhachach]

You probably should, if they understood the message correctly, this will actually help them. Since *on average* you lose money gambling, therefore if they keep gambling, they will lose money as well.

[@banemen27]

The problem is that in this example your expected value is always positive, meanwhile while you're gambling you have a negative value. So if you're gambling and you keep playing you eventually lose all your money

[@goodtoseeya1543]

James Last According to the video's concept, gamblers will gradually lose money cuz those games are designed to lose ppl's money. It's only worth it for salesmen-type situation since they don't have to risk any money to knock on doors

[@DivPivShiftmaster]

wow this video once a day will be enough to change my life or anyone's for that matter

[@ranjitn159]

Now you have 106k subs. Great

[@DivPivShiftmaster]

@@ranjitn159 to this day I keep in mind the law of averages!

[@raghurrai]

I've unknowingly applied this with my studies. Like when you don't understand a topic, you just read it over and over and over and each time you learn a bit of it. And maybe for the 100th time, you've covered the entire topic.

[@rufusrodriguez4739]

"The likelihood of certain events evens out if the frequency is increased." Key word: frequency.

[@MandhanAcademy]

sir u amazing 14k to 1.4 Million happy to see you on 14 million soon keep going

[@TheJoecardiff]

The "easy consumer" normally being an elderly women with Alzheimer's

[@elbronco4109]

Joseff Dunn Is this supposed to be joke ?

[@evank9515]

goal- oriented no just true

[@BoredMe2Death]

nah elders never wanna change the cable providers. almost impossible to do that, and if elders are not in a stable mind. You wont get a commission for that as well.

[@MarvSands]

elders never sign anything. When i did door to door marketing to pay for my youtube equipment, elders wouldnt sign the thing for a free phonecall

[@nimitz3453]

+goal- oriented be quiet

[@geniusgeneral5981]

It's less law of Averages , It's more law of Probability.

[@Obliviens]

Basically you need to have that never giving up mentality. As always a great video, thank you for sharing :)

[@PradeepPurple]

With Eddie Howe as coach and an injury free Wilshire XD

[@MitchellSmith]

This is the exact kind of video I needed today after having a rough streak with dating rejection. Thanks for making it!

[@XxXVideoVeiwerXxX]

My parents keep playing the lottery, and never win.

[@pianosenzanima1]

yeah, thats why the law of averages is bullshit

[@EliotLu]

+pianosenzanima That's an existing, structured, carefully manufactured system. You're playing with numbers that have been decided for you; not the same.

[@XxXVideoVeiwerXxX]

I like both answers

[@cojut]

My favorite scratchcard game states that you have a 1 in 5 chance of winning, which will decrease as soon as someone else wins. This means that the law of average can not apply in the same sense as in above example. And what if the door salesman had only knocked on 100 doors? Then he would have had no sales. You have to take it into a wider context. The more opportunities involved the higher chance of the law of average to work in some way. If your parents had bought every single scratchcard in a set game say 5 million scratchcards they would have had a 1 in 5 chance of winning on each card and indeed they would have won that too, proofing that the law of average is correct. In terms of door knocking previous salesmen have done this so many times that they have averaged it out to 1 in 100. For selling other items it may be different, maybe 1 in 50 or 1 in 500.

[@ginsuma1402]

Most state lottery sites tell you exactly how many prizes are left for a particular scratch game....just play the games with the most prizes left.

[@alphafan5893]

This video changed my life, a year ago I was a nobody dreaming to become successful in KZbin but depressed because it seem impossible. Now I'm the proud owner of the channel Alpha Test with 65k subscribers and growing.. Thank you so much Ps: this is my secondary channel, mainly for personal use

[@kampretretube8560]

Why you not upload anymore?

[@hph9590]

Awesome presentation! I learned that very early in my life, when doing sales. I have experienced all types. When you get to the point where u are prepared, you're not afraid of "no" and you're persistent in something worthwhile, you WILL win. The easy people make you smile and help you to keep going.

[@NH-qs3qo]

You're telling me to work harder but in reality what Makes you successful is working smarter.

[@starvictim9516]

Who else watching this because of the Vince staples song?

[@Luvkarmi]

I feel targeted😹

[@vew1915]

Bro😂😂😂😂this is me rn

[@vasya111]

This is not working smarter. This is working harder.

[@zkysk7672]

As a Junior Developer I applied to about 200 jobs. I was baffled when after 190~ rejections I got two offers back to back that I easily was accepted for, immediately after having the most horrible interview where the interviewer was extremely rude and just hung up on me (turns out he was looking for a senior dev). Law of averages definitely applies to job hunting, no matter how demoralizing the experience you just have to keep playing the game.

[@ganzorigbayarsaikhan3889]

in 3 words : Never give up

[@achille295]

Amazing. This video talks about something I have applied my whole life without giving it a name. I can basically summarize it to my fellow viewers and explain it in a different way: think about moments you were unlucky in your life (a Poker hand that you lost, the amount of enemies you killed in a videogame without getting a good drop, poor investment returns, trying to score a penalty in a football game with friends only to realize you failed it). The bottom line is: you should be thankful for every BAD LUCK you had in your life, because by definition, since you cannot be unluckier than everybody else, you know that it is LESS LIKELY that you will be unlucky again the next time you shoot a penalty, or the next time you kill a certain NPC or the next time you play a poker hand. People have to have the same amount of luck in their life in the long run (provided you're not the unluckiest person on earth), that's Probability folks. That's why you shouldn't feel bad when you bumped into an AA (Aces) poker hand with your KK, because the next time it's gonna be you who will be holding the AA and win against the Kings (KK). After playing a substantial amount of games, all poker players in the world would have been given the same cards over their lifetime, it's just a matter of playing it long enough (there's a 1/218 chance that you will get AA). That's one way of looking at things, I didn't know this law had a name, now I do. I have been using it for my own benefit. Hope I made myself clear and I wish you all good luck ;)!

[@alexdrastico7840]

The Law of Averages makes you waste valuable time, energies and money. A good salesman, for instance, should study the Pareto's Law instead (the 80/20 rule) and try hard to understand how to apply it in his specific circumstances and how to identify the commonalities of the minority of people with higher chances of saying Yes, and stop harassing the other 80-90% who don't really care

[@jaglinuxmint]

Wow! you are amazing!!

[@Ccm2019]

Well that will cause Inaction for sure. Because you're strategically planning everything

[@SuperMsmystery]

Pareto principle assumes binomial distribution wherein each trial is independent of each other

[@stevewoodson4635]

New orleans x. Rio de Janeiro

[@m9j263]

Ok, but while doing and going foward with the Law of Averages we get learning at the same time about what 20% does the 80% of results.

[@victort.9466]

Worked in sales for 4 years. I feel you bro. And yeah, the law of averages applies !

[@WeeeWeeeification]

To be honest the law of averages isn't meant to be taken as something that is 100% true and 100% literal. I personally see it as more of a motivation tool to get people to think of what may happen if they keep pushing foward. It's a way of saying that even if you keep failing again and again you may eventually succeed by pure luck. It does apply to a very small handful of scenarios but for the most part it's a way for employers to motivate their employees by getting them to think that the next door or whatever could be the one so stopping would be bad for everyone. In commisioned jobs it's definately going to be forced on you by employers to keep you going by forcing the idea that the next person could be a potential buyer, buyers mean money and that's what the employees want.

[@lynic-0091]

This video is exactly what I needed to hear, a long time ago I had this mindset, but lately I forgot I thought like this, thus I couldn't figure out why I was so much happier a long time ago. Thank you for once again reminding me who I was, I deeply appreciate this!

[@jaquanallen4119]

I aint gonna lie this really hit home for me i cant believe it this whole time i have been letting rejection push me away

[@VlRUSS10]

You got yourself a new subscriber, I'm 21 years old and feel lost about my future. This video is really well done, I will watch more of your videos that you have. Keep up the good work Phil

[@Mikey_C97]

I suggest to look at corey wayne channel he will help to find your purpose

[@notanotheryoutubechannel777]

Irving Flores same 21 and well most 20's are like this lolz

[@sudonym5356]

I clicked because I also did door to door sales and I also learned about the law of averages. It has also stuck with me and helps me deal better with rejection especially by ppl. Thanks for the video man ☺

[@SmallSpoonBrigade]

It will help a bit with persistence, but it's a dirty like that really shouldn't be encouraged. Continuing into the future if you haven't changed anything, does not guarantee that things will get better. If you're a lousy salesperson and you're counting on those easy sales to make things up, you're going to wind up running out of dog food to eat. A single person can't get enough sales pitches in to have the statistics even out.

[@sudonym5356]

Chris L The law of averages is encouraged because the fact of the matter is no matter how good you are you cannot get every sale everytime. Many people may be doing everything right but just give up because they expect results instantaneously; which in real life is not always the case. The law says "keep doing the right thing right through and results will come through".

[@psychosavant]

This has the law of average contained within it, but the maker of this video has a lot to learn about the law of averages. The application proposed here leads to a dangerous fallacy in execution. This occurs when a player uses the law of averages to conclude that because a certain outcome has transpired for a certain amount of executions, that the likelihood of opposing outcomes in the future increases. This is simply not the case and is known as the gambler's fallacy. Study randomness, law of averages, and gambler's fallacy.

[@acharich]

💭💭💭

[@rotierender_lurch]

It's not a gambler's fallacy in my und er standing since you don't approach the same wo man/knock at the same door twice.

[@Sebb747]

You've got this a bit wrong. If I'm planning on buying a lottery ticket the next 100 times my chance of winning is far higher than if I only plan on buying the next 10 times. However, if I bought 99 tickets and didn't win anything my chance of winning now is _exactly_ the same as if I initially decided to only buy a single ticket. That's the sunken cost fallacy. Now, the law of averages says that if I'm increasing my sample size (in this case, lottery tickets) I'm eventually going to see the expected distribution. Problem is, the expected distribution in the lottery is usually about one to several million. Assuming you live a hundred years and you buy a ticket every week, from birth on, you will have bought about 5200 tickets. That's not even a noteworthy decimal place of chance to actually win something. If you want to have an acceptable chance of the law of averages kicking in, you need to buy about 2700 tickets _every week_ for a hundred years.

[@learningsuper6785]

@ThoObe But you have to assume the events of approaching different customers are independent.

[@GoHomeAndGetYourShinebox]

are the lottery ticket numbers chosen for you where you're from? here in the UK, we select the numbers so buying 100 tickets does give you a greater chance of winning than buying 99 does.

[@dentalapps8182]

WOW this is a Awesome video on Law of Averages, I am into sales and I can connect 100% to this video, but it also applies to other fields as well like getting a new job, finding a new girl friend, To all my dear KZbin viewers, If you can just understand this law and apply in your field or life I guarantee you success.

[@lavish_krish]

I heard about this law in "Think and Grow Rich" book and I was always curious about but you answered all my qs today tysm

[@Platinum989]

How's Canada?

[@HanisaMHilole]

Lavish Krish it’s really inspiring

[@MrDouglasXD]

This is not the law of averages. This is the law of large numbers. They are very different. Great motivational video regardless!

[@Demandes14]

Douglas Hsieh, ay, finally someone mentioned it, I was looking for this comment

[@theropilane4812]

this just motivated me to keep advertising my Business to get customers,haven't had any so far and its discouraging

[@TheOnlyArtist]

Bro if You've got an idea that you think is worth advertising, you crack on with that shit and get it done. Eventually you'll make that first sale and once you hit that, hopefully you'll get the motivation to keep pushing yourself and your business further!

[@MatthewAshworth]

Very inspirational. Thanks. I think a huge point many in the comments here are missing is whether you have something to lose. You really have nothing to lose aside from a bit of time when sending out CVs or asking out women. Gambling on the other hand involves actual loss of money if you keep playing, so it's obviously not the same thing. You can keep sending out CVs or dating requests for as long as you have the time and it's not cutting into any of your tangible assets.

[@D4rky]

Great video! I've never looked at it from that perspective!

[@GilColePictures]

Was machst du denn hier lel

[@D4rky]

Das Video schauen? ^^

[@bekchalbaev9641]

D4rky осропрршмнргозог8рпшк5опщр8пг45ппкцййцукехячсмитбю бяФвапрородлжэждхзщшгенеууккыццккуцц1234556780099878764532з1щоеопаопроппроооримпммммрррроллоэ

[@jaysant6958]

D4rky How do you get a checkmark on your name?

[@HanisaMHilole]

D4rky it’s so interesting. You’re supposed to get rejected

[@Your6figurementor]

I am a Business Mentor who has helped start, launch, or grow over 1,000 businesses, and I have to say that this is the BEST description of the Law of Averages I have seen so far! Great job! I'll be sharing this. Would you mind if I reposted some of the content with links to your page?

[@kushagrasonkar]

Wow, I would call it a masterpiece motivational video because unlike other motivational videos that are no doubt moving and inspiring , this one is on a whole other level. It backs up everything with proof and evidence. kudos man!!

[@Uncutdatingtruths2]

So true and once you learn how to be more efficient and learn what increases your success you will gain more results.

[@energy_waves]

Video starts at 3:23. You're welcome.

[@thespector8587]

David Razberry thanks, saved me 3 minutes. Now I can get back to studying👌

[@deepakkvijayan]

This comment should be always on top of the rest. Thank you.

[@eugenesak8368]

David Razberry thanks

[@JamesBond-mq7pd]

David Razberry thanks. 90 percent of video is bullshit

[@jjkingler]

I remember when I was forced to use the law of averages before I even knew that there was a name for it. In one of my classes I had to hand out surveys to people around campus. It was part of a project that was a major part of my grade. In theory, the project was super easy cuz all you had to do was hand out surveys to your friends and people you knew so you didn't have to cold approach. The problem was that I didn't know anyone on campus and I didn't have any friends due to my extreme shyness. I had to cold approach everyone. I was super terrified, and the fact that the majority of my campus was girls made the project even scarier for me. I was also too shy to ask for help. A few days before the project is due, I decided to man up and ask people to take my surveys (mainly because I didn't want to fail the class). My social skills were complete crap and I stumbled a lot when I asked people the first time around. I got a few no's and very awkward moments early on, but after I got used to the no's, I was less nervous when asking people, and before you know it, I got a couple of yes'. After the yes' came in, they multiplied and I got my project done.

[@marikayh.1493]

This video was very cute but as an AP stat student had me cringing so unbelievably hard. The law of averages is not statistically true at all. I believe the law he was in fact trying to reference was the law of large numbers.

[@anthonydeluca6966]

Improvement Pill Well that's an issue, since you made an entire video about it.

[@burgendyblazer7679]

Improvement Pill are u kidding me??? 😂😂😂😂😂😂😂

[@ElBlancoPapi]

Everybody makes mistakes..... Anyone interested should do much more research themselves anyway. I didn't take this as a "This is how it is" video but, rather, as an intro to a basic concept!! This is actually a very complex concept and a short video is only gonna be an intro so I didn't elect perfection. I guess my expectations made this ok to me because I had NO problem with it overall

[@rzewef3212]

hahahahaha wtf

[@cascadehopsrule]

the moron might want to take this video down and IMPROVE on his idiocy, oh the irony

[@vishaladarsharadhya6872]

I always come back here whenever I'm feeling down and like giving up. It keeps me motivated to go on... The more times we take action, we get closer to our goal. Thank you for this video. It works everytime ❤

[@StratosFair]

"- Switch me ! Switch me ! Switch me ! - No ! Switch me first !" 😂😂 had me dying Great video by the way !

[@mayurofficial9135]

Last week I ran my first 5k without stopping and all the time I could hear the voice in my head saying that I can do it. Forwago, thank you so much for everything!!

[@HanisaMHilole]

I love how you explain things. So straight forward and anecdotal. Really easy to follow

[@stevewoodson4635]

Wheel of fortune bell Last call 4 alcohol and Hindquarters call

[@timjohnson2186]

Love this too

[@debodoyin]

This can used for sending cvs till u get that job whilst u continuesly improve your cv.

[@doodelay]

I seriously needed this.

[@simonbell8957]

I started my sale job this week and was reminded of this video. Today is my 1st out on the field to try to make a sale

[@brotherjoll1802]

Thanks Vince Staples!

[@rayyann00r]

In short: "JUST KEEP TRYING and NEVER QUIT Time will Come"

[@dragosxtc1901]

How about being so good that you don't even need the law of averages, inovating your product, improving yourself as a potential partner, etc..

[@ExploringAlpha]

You mean the law of above-averages?

[@Shiveone]

Sorta like what the big tech companies did.

[@m9j263]

Seems to me to arrive to that position you had to do a lot of the law of averages!

[@tanpham9530]

You're a legend, this is pretty much the recipe for success for anything.

[@RealSkyDiver2]

keep trying and you succeed to some degree, soooo the law of obvious...

[@ReziahT]

Justin Watson Yeah this is a weird video. Basically letting people with bad resumes and interview skills off the hook for their failures because hey, those must all be hard nose customers! But ignoring the fact that hey, maybe you just need to improve yourself first.

[@gyan1827]

Ombro there's nothing wrong with staying motivated and being hopeful. it was never said in the video that people with bad resumes should get every job. he's saying that if you go to enough job interviews, one will be the job that is perfect for you because it uses the set of skills that you specifically have, and maybe the other jobs you applied for were not perfectly using your potential.

[@AnthonySforza]

Yea... something he left out is that if you're "good" then it'd be about 1/10. So the goal is to be as "good" as possible to boost those numbers up, in addition to the actual numbers of exposure themselves. That's why "Maintaining the positive attitude" is important, so to speak. However, if you're shitty, then... I mean, a broken clock is right at least twice a day, but that's pretty much the best case scenario.

[@abdalsattarardati5203]

The title attracted my attention because I have always been telling my friends about it. it took me 30 min in some cases to describe it, however now and thanks to you I can explain it by 4:40 with this video. Many thanks.

[@pranavpatil4789]

Publishing my novels soon.

[@realmongolia101]

congratz my indian bro

[@seanm996]

Something about how you explained this concept, it's like a lightbulb clicking on right now!

[@acharich]

💣

[@prayerpowersr854]

this video made me feel better about life

[@Brian_Moser1118]

that really works. It's really easy to give up and say that your life sucks and all that crap but if you keep trying at it, you will get it right eventually. Just like dating.

[@PositivelyBrainwashed]

Great animation style!

[@nhicao3438]

thank you. I really need it now. Keep up the good work

[@hahathatsgood]

This isn't the law of averages, this is the gambler's fallacy.

[@reallyriley123]

Dude I was literally thinking “man I’ve taken a bunch of shitty small dabs” and then out of NOWHERE I took a huge one and man that totally averaged out cause now I’m twice as high off that one dab, now I can take a few small ones perfectly

[@TimmyRue-bn3xe]

😂

[@BluBear2001]

watches video... grabs money and heads to the nearest casino. law of averages bro

[@DataJuggler]

I used to know a guy that would ask out every girl he saw he was attracted to. He almost always got rejected, but he also had lots of dates. If I got rejected it always took me 6 months to get over it. Or 9 months if they laughed and said "With you?"

[@pettersonystrawman9291]

I can't think of anything that would teach me this concept better than RNG in video games :D

[@Oddssss]

Pettersony Strawman RNG in skill based games

[@creacionfilms2943]

Brother I've watched videos like this for years, read different books about topics like this but I have to say (without question) this video is easily the best one. Thank you for making this man. From the bottom of my heart I needed to watch this. Salute.

[@Gooberpatrol66]

Except this is total BS and represents a complete misunderstanding of statistics. The probability of a result does not change no matter how many times you observe it.

[@willswill8163]

I know, right? I was thinking the excact same thing. I guess people just want some motivation to keep on going, and it is if you remove the mathematically incorrect part.

[@aokfromusa]

I think the point of the video was to tell people to keep trying. You must be in a math major.

[@kenwasabi1129]

Nathan Dehnel not sure what you mean but your probability does increase as the more you attempt the better you get thus increasing your probability. Your mind set is obsolete hence you will never taste substantial success. No matter what you reply it won't justify any of your insecurities to this notion; that the more you practise the better you get and the better you get the better the odds. There's two kinds of people in this world I'll let you decipher which one you are :) if I have changed your mind then I wish you the best of luck on your endeavours!

[@Userr0557]

bruh plz read all of this you two are both ignorant. Ken, Of course if you're a salesman over time your odds of getting a sale increases by simply becoming a better salesman but the averages of "easy consumers" (1/100) doesn't change what he meant was mathematically speaking, the probability of an outcome doesn't change. so if you flip a coin and get heads 9 times in a row out of 10 attempts the probability of landing a tails is still 50% it does not increase at all. But eventually with more trials it will even out to 50/50. In the case of the video the probability of an "easy consumer" is 1/100 people. His story was he got 3 "easy consumers" after 300 attempts, that's 1/100 just like he said the percent of "easy consumers" were. It doesn't matter when he got the 3 sales,, it could've been the first 3 houses or any in between the average for "easy consumer" is 1/100 and through the law of averages he got 1/100. And that's only in a perfect scenario... he could have tried 500 houses and got only one sale. But the law of averages is that eventually though more trials the average percent will even out. it might take 100 houses or 1,000 but in the end the average "easy consumer" will still no matter what be average out to around 1/100 or 1%. SO YOUR STATEMENT OF " your probability does increase as the more you attempt" is completely false. SO both you and Nathan Dehnel are wrong. You're wrong for just not understanding statistics and Nathan is wrong because he didn't listen to the video close enough because nowhere in the video did he even say the probability changes...

[@kenwasabi1129]

ELITEshooterR actually I wasn't referring to the statistics, I was actually refuting Nathan's claim on which he believes a result doesn't change no matter how much you observe it. There's this problem with people on the Internet - they always want to be right whereas I was simply explaining a very basic principal and you took it completely out of context. You're neither wrong or right, just simply a wasted effort. At Least my comment provided a positive outlook whereas yours dwells on the obvious and concluded with nothing. I pity such ways of thinking I really do, I feel somewhat sad for you that you had to sit there and explain that to me. Has anyone ever explained 2 - 1 in apples for you? That's what it felt like for me reading your response.

[@mr.stealyourgirl4910]

fortunately I'm all on the green side, but for those of you who isn't on the greenside, this is the best fucking video. never give up and always try and try and try. and also better yourself as a citizen of our planet, because once you better yourself, you will have an easier time executing goals or problems. I like this vid man. I recommend everybody to follow this. I've been doing this and my life is amazing and full of success i would say. never give up on anything!! a job worth doing is worth doing fucking well. never give the fuck up on what you love. execute your goals is the cleanest way. focus out there in this free world guys.

[@goodboysongs]

Great video. Wish I had seen this five years ago when our band's first album didn't do well. We didn't really push it, but we were still pretty discouraged by that experience. I've been thinking lately of getting back into my own songwriting and recording though, so this is a nice extra push if the first few song releases don't go so well.

[@jayluis189]

Improvement pill How do you have so much stuff to put in videos about so many different subjects? Like holy crap it's Amazing!!

[@callumdempsey8362]

The law of averages doesn't exist, it's the gambler's fallacy.

[@Moose808]

Yes, in the sense that if you have 99 rejections in a day, success on one last knock is still going to be 1/100... but the point is statistically you would expect one success a day if you knock on 100 doors so persistence is key

[@callumdempsey8362]

I know I just thought someone should mention the connection with gambler's fallacy

[@gulgaffel]

you could say something like dont confuse this with gamblers fallacy. instead of saying this is gamblers fallacy.

[@Ngooo]

Callum Dempsey EXACTLY! It is a complete misunderstanding of statistics. I would even argue it could be harmful to apply it in some cases bc it can blind you to underlying factors that are making you fail. While perseverance is a good thing in gral, this approach is wrong and horrible advice.

[@Shiveone]

We have No Soliciting laws now which make it nearly impossible to knock on doors in 2017. This might have worked in 1999.

[@joealias2594]

What's ironic is that apartment complex example isn't the law of averages, it's the gambler's fallacy. Once you have been rejected by 95% of the apartment, that doesn't have any impact on the last 5%. If the overall frequency of an easy customer is 1/100, then those last 5% of people are also 1/100 to be easy. You gave an example of the most common misapplication of the law of averages.

[@geckoo9190]

Hey, that reminds me when I worked in similar job, it was more like marketing research, most people rejected the interview, but there were few totally willing to participate, so I decided to cover wide areas in short time and don't waste time on the rejections, I was able to do this because the study was not so strict on the characteristics of the sample and actually the willing to participate was more important because the people had to give other interviews later on.

[@adamreiland4630]

DOES NOT WORK WITH GAMBLING. IF YOU DON'T LIKE BEING BROKE, DON'T TRY IT.

[@christiang.9198]

I never noticed that this channel was named Improvement Pill and not Improvement Phil before now.

[@zee9000_]

take everything with a pinch of salt and depending your situation please.

[@Neutron-un7yx]

Lucky to find this insightful video and lucky to be the 10,000 person to like this video. Difficulty certainly opens up opportunities. Its never too late to start

[@HappiFix]

My family has been buying the lottery for 5 generations.. We're still broke :D

[@flaviomiranda6563]

This is the best channel on KZbin. Brazilian here! :)

[@chraman169]

What about the 9/100 left?

[@lassipls]

I guess they weren't home

[@kfizzledizzle8467]

*EVERYONE PLEASE READ!!!!!!* Improvement Pill posted in another comment that he made a mistake and wasn't actually talking about the law of averages, he was talking about the law of large numbers. For those of you who are too lazy to do research, the law of averages is basically the gamblers fallacy, while the law of large numbers states that if you do something that is dependent on luck, doing it a few times might have results contradicting the statistics, like flipping a coin 5 times and getting heads 4 times, but the more you do it, the numbers should start to more closely resemble the actual likelihood, so if you flipped that same coin 100 times, it would land on heads about 50 times, or 1/2 instead of 4/5. BTW I am really bad at explaining things, so if your confused, just google it.

[@MistaSmith]

That's totally not what the law of averages means.

[@MistaSmith]

lmgtfy.com/?q=law+of+averages

[@THEMOHUSSAM7]

Dude you should have a million subs, The amount of knowledge I gained from watching your videos, and how they all changed me is insane. Thank you so much man you're doing and great job.

[@lachlan4161]

Look at how many he has now

[@familyaccount6491]

That is a fallacy!

[@Robertzuni9]

Chad Aoun well if in fact it is a fallacy... Explain your reasoning behind your thought

[@familyaccount6491]

Robert Zuniga This video actually presents multiple fallacies: gambler's fallacy (belief that the more you fail to obtain the desired result, the closer you are to the desired result), sunken cost fallacy (belief that you must continue your task because of all the failures in the past), inductive fallacy (just because those last three out of ~100 were easy, doesn't mean the overall population will have the same structure, because the sample size is too small). It is not "my" reasoning. It is just logic based on statistics and probability.

[@Robertzuni9]

Chad Aoun I think the idea is just to be persistent. Maybe he's trying to say not to be fearful of failure because it is inevitable. I believe personally that failure inspires winners and defeats losers. If you keep trying you're bound to hit something right ?

[@familyaccount6491]

Robert Zuniga​ The idea is fine. Doesn't trump the fact that the video includes all these fallacies. In fact, it kind of undermines his overall message, because committing these fallacies is quite dangerous and risky in real life situations and might cause serious damage.

[@Robertzuni9]

Chad Aoun Well I think is what he said is used properly and with a bit of common sense you should be fine.

[@fraserrussell8378]

His advice is solid. Not fundamentally incorrect like a lot of the comments seem to say. It's just the explanation could do with a few tweaks. Its a good introduction to variance and the law of large numbers. Imagine he has 100 potential customers. 1% easy sales (converted always). 10% medium sales of which the sale is successful 50% of the time, and 89% hard sales which are not attempted. His average sale nets him a profit of $50. Every person he meets he makes an "earn value (EV)" on. EV = ((0.01*50)+(.10*(50*.5))+(.89*0)) = $3. What he is saying in this video is that it doesn't matter which customer he approaches, he makes $3 from the approach. The variance in customers is not within his control, but the number of attempted sales is. It also COMPLETELY applies to gambling. Infact it's the whole basis behind a "house edge" and the mathematical reason why "the house always wins in the long run"

[@Bucking_Fastard]

This is how I found a girlfriend, hahaha.

[@RAJATTHEPAGAL]

thanks man needed this one. i have tons of responsibilities on my head for the next two month having daunting learning curve to each one of them. but now i think .... i wont stop in the next two months ... take more daunting tasks afterwards

[@TOPTALENTREVIEW]

❤❤❤Awesome Dude, I Got to Watch this Again & Never Forget it =)

[@BillyTzENDURO]

Had the same job for a while , wasn't for me but the only reason i stayed for a couple of months was the training ! learned a ton about marketing , selling and communicating

[@JacobKuba]

this applies a lot to pick up

[@HanisaMHilole]

Jacob Kuba yes and girls

[@MandenTV]

Jacob Kuba rooshv?

[@James-qh1fv]

I m an big gambler ,lost almost millions during my life . I was thinking about stop gambling but your advice change my mind thanks 🙏

[@nathanawesome10]

Did this really motivate people? I don't get it, it's a seriously vague and obvious statement.

[@memoryhero]

The important thing is that he gains subscribers. The law of averages is working for him in this regard for sure.

[@aokfromusa]

It's an obvious statement, but we need a reminder once in awhile. It's wrong to cheat and it's wrong to steal. But it happens all the time. I think friendly reminders definitely help us rethink about our actions before taking them.

[@jayluis189]

If it was a seriously vague and obvious statement, the whole world and everybodys lives would be perfect. And there would be alot more millionaires and billionaires. Common sense ain't that common.

[@MrJimmyFolk]

Beast like.. how could it be more obvious??? Where I come from this is called simple statistics...

[@maxigladi]

It did to me , it tells to me to take more action to achieve something ....

[@HedNthaClouds]

You sound like you should be doing Audible readings and thats a compliment. Good Advice!

[@thersten]

I already knew this but dammit I can't stand rejection. :-(

[@AbelR91]

thersten It really does suck, I remember getting rejected about 5 time last year by girls that I dated but who didn't want to be my girlfriend, but now I have one. Now I want to get people to hire me for graphic design jobs.

[@jomango1929]

You will succeed !

[@aaronharkleheimer138]

This video perpetuates a common myth about probability. Independent events do not effect one another. The three people at the end did not have any greater of a chance of being the easy sells than the people at the beginning. If he had just started at the opposite side of the building he could've made the same amount of money in 10 minutes.

[@AbelR91]

Juvet Jaurès Ndé Thank you ! Im starting to take massive action.

[@thersten]

magnetik you sound like you're on the right track. somewhere deep down some of us still need validation from the outside though. I thought my self esteem was stronger than it really is.

[@namad3238]

This is one of the best videos on KZbin I've ever seen

[@VolcanicLioness]

So in other words...just keep trying? It's tough being a trainer in a gym with 7 other companies and you're the one trainer that's the absolute youngest out of all of them

[@alexdurocher4311]

Sophia Kopasakis Knowledge makes up for experience in certain cases, this is one of them.

[@VolcanicLioness]

Alex Durocher not necessarily. If people don't know you and you don't have a client base going around referring you to people, then it's gonna take a long time to get a good clientele base. I have a bachelor's degree in fitness, an ACSM certification, I'm studying for a rowing coach certification, I have been doing sports and fitness literally since I was 5, and I am still a competitive athlete. Right now my life is literally just sports and fitness and I am actively trying to learn as much as possible. So far I gain a client per 2 months and it's frustrating. But as I gain a client, that time gap of the next client I gain gets smaller. Right now, it is a numbers game for me

[@alexdurocher4311]

Sophia Kopasakis That's how it is for everyone. I'm the least experienced at my gym as well, but I've learned it's better to have 5 clients that loved you than 15 who thought you were okay, the more satisfied you make a few with their progress, the better off you'll be.

[@VolcanicLioness]

Alex Durocher that's very true. But I would rather have 15 clients that love me

[@alexdurocher4311]

Sophia Kopasakis The more people you have to worry about, the less time you can put into each one

[@Luiz-tl4cq]

Sir, i have tô say:You are AWESOME!!!!!Keep up with the good workshop man!!!