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The Hidden Costs in Business

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Manage episode 346533689 series 3284121
Content provided by Kurtis Hanni. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kurtis Hanni 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.

I talk a lot about the numbers of business, but what are the hidden costs?

Today I break down opportunity cost and sunk cost and how to make decision-making models that account for these and help you avoid the biases that are all too common.

To learn more about these biases, check out my newsletter editions on them:

How to avoid sunk cost fallacy and save your business money

Football, Food, & Opportunity Cost

Follow me on Twitter

Subscribe to my email newsletter


Advertising Inquiries: https://redcircle.com/brands
  continue reading

74 episodes

Artwork
iconShare
 
Manage episode 346533689 series 3284121
Content provided by Kurtis Hanni. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Kurtis Hanni 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.

I talk a lot about the numbers of business, but what are the hidden costs?

Today I break down opportunity cost and sunk cost and how to make decision-making models that account for these and help you avoid the biases that are all too common.

To learn more about these biases, check out my newsletter editions on them:

How to avoid sunk cost fallacy and save your business money

Football, Food, & Opportunity Cost

Follow me on Twitter

Subscribe to my email newsletter


Advertising Inquiries: https://redcircle.com/brands
  continue reading

74 episodes

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