The Gollwitzer Effect: Why Announcing Your Strategy Makes You Less Likely To Execute It
Peter Gollwitzer's research on goal pursuit produced a finding that makes most founders visibly uncomfortable when they hear it: publicly announcing a goal reduces the probability of achieving it. Social acknowledgment of the intention gives the brain partial credit for the accomplishment before any work has been done. The motivation to execute diminishes. This effect is strongest in high-social-reinforcement communities — precisely the accelerator cohort, the EO chapter, the founder Slack. Every time you articulate your strategy to an enthusiastic audience, you're spending execution capital. The founders who execute most consistently tend to talk least about what they're planning and most about what they've already learned from trying.
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