The traditional enterprise go-to-market motion is undergoing a transformational shift. B2B buyers are more sophisticated than ever, and operational efficiency is a key focus for every organization. One key function possesses a unique opportunity to shape the future of revenue generation: enablement. On this podcast, we’re bringing you the secrets, strategies, and tactics that successful enablement leaders are using to drive meaningful impact. The Enablement Edge is the go-to resource for sal ...
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Content provided by Scott D. Clary. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott D. Clary or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
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The Fallacy of the Sunk Cost
Manage episode 423458226 series 3410462
Content provided by Scott D. Clary. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott D. Clary or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The sunk cost fallacy is a dangerous trap that can hold entrepreneurs back from making smart, strategic decisions, but by recognizing the signs, overcoming psychological barriers, and fostering a culture of agility and experimentation, you can turn sunk costs into opportunities for growth and innovation.
Remember, the most successful entrepreneurs are not those who never fail, but those who know when to pivot and turn setbacks into strategic advantages.
--
The 10 Minute MBA, is a no-fluff daily podcast that teaches you practical business lessons you can use to grow your business immediately.
Success Story Podcast (successstorypodcast.com)
YouTube (https://youtube.com/c/scottdclary)
Newsletter (https://newsletter.scottdclary.com)
Twitter: https://twitter.com/scottdclary
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
239 episodes
Share
Manage episode 423458226 series 3410462
Content provided by Scott D. Clary. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Scott D. Clary or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
The sunk cost fallacy is a dangerous trap that can hold entrepreneurs back from making smart, strategic decisions, but by recognizing the signs, overcoming psychological barriers, and fostering a culture of agility and experimentation, you can turn sunk costs into opportunities for growth and innovation.
Remember, the most successful entrepreneurs are not those who never fail, but those who know when to pivot and turn setbacks into strategic advantages.
--
The 10 Minute MBA, is a no-fluff daily podcast that teaches you practical business lessons you can use to grow your business immediately.
Success Story Podcast (successstorypodcast.com)
YouTube (https://youtube.com/c/scottdclary)
Newsletter (https://newsletter.scottdclary.com)
Twitter: https://twitter.com/scottdclary
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
239 episodes
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Similar to 10 Minute MBA - Daily Actionable Business Lessons With Scott D. Clary
The traditional enterprise go-to-market motion is undergoing a transformational shift. B2B buyers are more sophisticated than ever, and operational efficiency is a key focus for every organization. One key function possesses a unique opportunity to shape the future of revenue generation: enablement. On this podcast, we’re bringing you the secrets, strategies, and tactics that successful enablement leaders are using to drive meaningful impact. The Enablement Edge is the go-to resource for sal ...
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continue reading
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Custom Manufacturing Industry podcast is an entrepreneurship and motivational podcast on all platforms, hosted by Aaron Clippinger. Being CEO of multiple companies including the signage industry and the software industry, Aaron has over 20 years of consulting and business management. His software has grown internationally and with over a billion dollars annually going through the software. Using his Accounting degree, Aaron will be talking about his organizational ways to get things done. Hi ...
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continue reading
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