Investing a certain amount of time, money, and energy into something does not equate to continued investment
It’s in our primal instincts to evaluate the past when making future decisions. As a consequence, this leads to a lot of bad decisions.
We end up continuing the operations of a business far beyond the point in which a pivot could’ve been made or a decision to cut our losses and close the doors. We become blind to information being presented. We become emotionally attached. We waste time and money. We degrade our overall wellbeing by sacrificing sleep for longer hours of hard work.
When data and logic tell you that it’s time to pivot, you should not spend another minute thinking otherwise. Money can be recouped, time cannot.
Sometimes we feel obligated to stay on a certain path because of the important life decisions that led up to it. Pivoting is hard, but essential.
Consider this case; you spent 4 years of your life and $175k on a law degree but you end up hating your life and your mind is telling you it’ll never improve… you should not hesitate to rethink your goals and pivot as soon as you can.
Consider this case; you spent 4 years of your life and $300k on a medical degree but you’re not satisfied with your life and logic is telling you things will never get better. You should start rethinking your goals and pivot as soon as you can. Any new skill can be learned.
Emotions can get the best of us and make walking away harder than it actually is. Always try your utmost best to look past emotions and make a logical decision.