In this enlightening episode, Kari delves into the Sunk Cost Fallacy, a cognitive bias that leads us to continue investments based on past inputs rather than future potential. This results in misallocated resources and missed opportunities. She breaks down the emotional, justificatory, and fear-based roots of this fallacy and its impact on decision-making. Discover three pivotal strategies to escape the sunk cost trap: pre-defining clear exit criteria, conducting regular progress reviews, and shifting focus to future opportunities. This episode is essential for anyone looking to refine their decision-making process and lead with greater insight and efficiency.
The Real Gifts
Empowered Blueprint
Create Your Values Create Your Future
Favorite Traditions to Create Thriving Culture
Mindset Monday - Emotional Baseline for Decision Making Power
5 Minute Facts - Low Back
Mindset Monday - Your Team Needs the WHY to Crush Goals
Beliefs: How to Crush the Limiting and Create the Empowering
Mindset Monday - Redefining Success: Creating Clarity to Optimize Performance
Coaching Call Sneak Peek! - Dopamine
Mindset Monday - Releasing Resistance
David Lindsay - High Performance Coach & Speaker
The CEO of Self: Bridging Leadership from Work to Home
5 Minute Facts - Optimizing High Intensity Training for Busy Professionals
Mindset Monday - The Power of Honesty
Don Moxley - Director of Applied Science at Longevity Labs Inc.
The Judgement Game - How to Stop Playing and Start Connecting
Mindset Monday - The Power of Choice
5 Minute Facts - Circadian/Ultradian Rhythm Optimization
Mindset Monday.- The 3 I’s for Success
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