By Leo Babauta We live in uncertain times. Actually, things have always felt uncertain to the people who live in those times, but these days it might feel even more heightened, with the hyperconnectivity of the internet, social media and constant messaging, comparing ourselves to everyone else, and a very tense, divisive political situation (not just in the U.S., but in many countries). It’s enough to drive anxiety through the
Why the Sunk Cost Trap makes Decision-Makers Irrational by Omar M. Almahmoud
The sunk cost trap is a cognitive bias that leads us to believe that we have to keep investing in something as long as we have invested so much in the past, regardless of whether or not it is rational to do so. This trap can lead us to make bad decisions that can have far-reaching consequences. As leaders, it is important to be aware of this trap and how
A Pragmatic Guide to (GTD) Getting Things Done
GTD—or “Getting things done”—is a framework for organizing and tracking your tasks and projects. Its aim is a bit higher than just “getting things done”, though. (It should have been called “Getting things done in a much better way than just letting things happen, which often turns out not to be very cool at all”.) Its aim is to make you have 100% trust in a system for collecting tasks,