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EP 294: Why We Keep Doing Things That Aren't Working
Manage episode 377918944 series 3247739
Why do we cling to projects or relationships that aren't serving us well, despite glaring evidence suggesting it's time to move on? We're taking a deep dive into this behavior, exploring the concept of sunk cost policy and its profound impact on your decision-making in both the business and personal realms. This episode is a must-listen for anyone who's felt the strain of maintaining something that's simply not paying off, whether it's a marketing strategy, an underperforming team member, or even a personal relationship.
Drawing from the worlds of psychology and business, we unravel the fascinating bias of fearing loss more than valuing gain, and how this might be skewing your choices. It's also for those perfectionists out there who find it tough to admit when something isn't working and face emotional stress over what feels like a failure. We pose the crucial question: is there anything in your life you need to release? Shedding these weights could bring untold freedom. So, tune in as we challenge the fear of loss and learn to embrace the prospect of new beginnings.
Did you know Malorie has a book coming out in Summer 2023, stay on the lookout!
Next step: Take the internal upgrade quiz here
If you liked this episode, take a moment to subscribe on Apple Podcasts
Connect with Malorie on Facebook: Malorie Nicole
100 episoder
Manage episode 377918944 series 3247739
Why do we cling to projects or relationships that aren't serving us well, despite glaring evidence suggesting it's time to move on? We're taking a deep dive into this behavior, exploring the concept of sunk cost policy and its profound impact on your decision-making in both the business and personal realms. This episode is a must-listen for anyone who's felt the strain of maintaining something that's simply not paying off, whether it's a marketing strategy, an underperforming team member, or even a personal relationship.
Drawing from the worlds of psychology and business, we unravel the fascinating bias of fearing loss more than valuing gain, and how this might be skewing your choices. It's also for those perfectionists out there who find it tough to admit when something isn't working and face emotional stress over what feels like a failure. We pose the crucial question: is there anything in your life you need to release? Shedding these weights could bring untold freedom. So, tune in as we challenge the fear of loss and learn to embrace the prospect of new beginnings.
Did you know Malorie has a book coming out in Summer 2023, stay on the lookout!
Next step: Take the internal upgrade quiz here
If you liked this episode, take a moment to subscribe on Apple Podcasts
Connect with Malorie on Facebook: Malorie Nicole
100 episoder
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