I think the "act as if" phrase can work as long as you do it in a sensible way. I throw in the word sensible because you shouldn't do something you know you can't handle. Steve pretty much advocates this in his "Faster Goal Achievment" podcast where he speaks about how you would act if you have already achieved that goal.
Say your goal is to improve your physical appearence. Using the "act as if" approach would benefit you if you realized that if you had a great physical body you would eat right and workout. The wrong way to use th "act as if" principle would be to ignore your problem and pretend that you are great looking while you strut around the beach.
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