2. Eighty percent of success is showing up.
—Woody Allen
3. I respect faith, but doubt is what gets you an education.
—Wilson Mizner
4. The greatest obstacle to discovery is not ignorance; it is the illusion of knowledge.
—Daniel J. Boorstin
5. The pessimist complains about the wind; the optimist expects it to change; the realist adjusts the sails.
—William Arthur Ward
6. If you don’t make mistakes, you’re not working on hard enough problems. And that’s a big mistake.
—Frank Wilczek
7. You can never get enough of what you don’t really need.
This is a repost of an article that I found at http://litemind.com/sunk-cost-bias/
I see many way where this describes some bad decisions that are made in Network Marketing and MLM.
How many people do you know that stay in a non-profitable program just because they already sank money into it?
The sunk cost bias is a thinking trap that not only slows down personal improvement efforts, but one which can make people literally waste their whole lives on — something I’ve seen happening with disturbing regularity. The good news is that, like most thinking traps, the biggest step you can take to overcome it is by simply becoming aware of it.
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Posted in
business
Tags:
goals,
move on,
sunk cost
Authentic leadership—the kind that is evidenced in the lives of great leaders and has the power to transform individuals, organizations and entire societies—is profoundly ethical in nature. Great leaders are reliable persons of character who are committed to compelling principles and purposes, while embodying both empathy and respect for others, as well as inner connectedness and respect for oneself. Great leaders have that special edge of authenticity and consistently demonstrate that they stand for something more important than themselves.
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Posted in
business
Tags:
character,
commitment,
ethics,
Leadership
Ethics training has been clearly identified as an important component in countering unethical behavior in organizations. As a result, there has been a widespread and sharp increase in the number of organizations that have developed some form of ethics training as part of their developmental plan. Moreover, training in ethics now occurs in both academic and business settings that offer courses that concentrate on social responsibility and business ethics. Although the content of these courses varies greatly, the best programs seem to focus on ethical awareness and ethical reasoning.
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Posted in
business
Tags:
ethics,
golden rule,
karma
