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EP 133: The Thought Process That Can Demolish Your Business Results With a Massive Time and Opportunity Cost
Manage episode 375135262 series 2879566
Have you ever found yourself trapped in a cycle of investing even more into something that's clearly not yielding results? Today Nicole delves into a critical thought process that often sabotages outcomes, racking up a hefty toll on both time and opportunities. The concept at the center of this discussion is the sunk cost fallacy – that inner tug to persist with a failing endeavor simply because you've already invested so much in it.
You can find show notes and more information by clicking here: https://bit.ly/47ykCGB
114 tập
Manage episode 375135262 series 2879566
Have you ever found yourself trapped in a cycle of investing even more into something that's clearly not yielding results? Today Nicole delves into a critical thought process that often sabotages outcomes, racking up a hefty toll on both time and opportunities. The concept at the center of this discussion is the sunk cost fallacy – that inner tug to persist with a failing endeavor simply because you've already invested so much in it.
You can find show notes and more information by clicking here: https://bit.ly/47ykCGB
114 tập
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