
Sign up to save your podcasts
Or


This week we talk about the Sunk Cost Fallacy and how it may be holding you back from your goals. The fallacy points out the irrational ways humans tend to stick with a behavior based on the amount of previous investment (time, money, effort, etc.) rather than what actually serves their goals. So the more you invest in something (ie a career, a relationship, a project, etc) the more likely you are to pursue it even to your own detriment. We are programmed to have an aversion to loss. However, once you know it, you can start spotting when you're doubling down on something that has actually run it's course. This is one of the biggest blocks I see keeping so many people in a career they hate. In this episode, we dive deep into the Sunk Cost Fallacy to help you spot it and move past it to focus on the opportunities ahead of you.
By Goli Kalkhoran4.9
324324 ratings
This week we talk about the Sunk Cost Fallacy and how it may be holding you back from your goals. The fallacy points out the irrational ways humans tend to stick with a behavior based on the amount of previous investment (time, money, effort, etc.) rather than what actually serves their goals. So the more you invest in something (ie a career, a relationship, a project, etc) the more likely you are to pursue it even to your own detriment. We are programmed to have an aversion to loss. However, once you know it, you can start spotting when you're doubling down on something that has actually run it's course. This is one of the biggest blocks I see keeping so many people in a career they hate. In this episode, we dive deep into the Sunk Cost Fallacy to help you spot it and move past it to focus on the opportunities ahead of you.

43,513 Listeners

3,587 Listeners

1,959 Listeners

2,190 Listeners

3,371 Listeners

21,232 Listeners

12,087 Listeners

5,139 Listeners

5,106 Listeners

27,694 Listeners

41,642 Listeners

1,105 Listeners

20,821 Listeners

1,795 Listeners

647 Listeners