5 Minutes Podcast with Ricardo Vargas
Business:Careers
In this week's episode, Ricardo talks about the moment to get out of a certain situation and discusses three essential points based on the book "Quit" by Annie Duke.
People are socialized to believe that staying in a harmful situation is a virtue, so the idea of stopping what is toxic, whether professionally or personally, is often seen as a negative choice and a demonstration of fragility.
Contrary to this line of thinking, Annie Duke's book demonstrates how our problem can only worsen if we don't recognize when it's time to change. Persistence does not necessarily lead to a long-term goal.
The second tip is that when we seek complete certainty in our decision, we often decide to leave when it is too late, and the damage is already evident.
The third concerns buried costs or sunk costs. What has already been spent, be it effort, money, time, or energy, cannot impact future decisions.
Finally, he discusses the importance of creating metrics that establish a cut-off point from which output needs to be triggered. And these metrics cannot be created when the problem already exists. They must be created before the problem since our perception is altered when we are "inside."
Listen to the #5minpodcast to learn more!
Why Fear of Missing Out (FOMO) Is So Dangerous for You and Your Projects
People do Not Want to Work from Home. People Want Flexibility!
The Future of Project Management Using DAO (Decentralised Autonomous Organization)
Your Project Inside the Hurricane of the Attention Economy
BANI Is Not the Evolution of VUCA!
Three Tips To Develop and Sustain a Perfect Squad
Why Chaotic Systems Matter to My Work
Three Tips To Mitigate Inflation Risks in Your Project
The Challenges When You are Overqualified for a Job
Benefits and Drawbacks of the Passion Economy
The Trap of Diderot Effect: Never Implement a Feature You Don’t Need
The Unlimited Applications of Project Management in Agribusiness
Remember That the Law of Diminishing Returns Also Applies to Your Project Management Efforts
We Shouldn’t Only Think About Leadership: We Also Need to Think About Followership
Never Go Straight to the Offer in a Negotiation
Understanding the Differences Between Conformity and Compliance
How Availability Bias Changes Our Perceptions of Risks
Directly from the Global Project Management Forum in Riyadh, Saudi Arabia
The Disturbing Results of Gallup State of the Global Workforce Report 2022
Evaluating 5 Applications of AI in Project Management based on Impact and Complexity to Implement
Create your
podcast in
minutes
It is Free
The Commercial Edge: Unleash the Power of People
The emPOWERed Half Hour
Reaching your Goals
Insights@work
Business Dad
The Ken Coleman Show
The Cardone Zone