It’s one of the most profound and difficult lessons every MBA is taught: Ignore sunk costs. Money and effort you spent yesterday should have nothing to do with decisions you make tomorrow, because each decision is a new one. Seth Godin Sunk costs have more to do with everyday decisions than we realize. It isn’t just a hard lesson for the life of a business. It’s a hard lesson for the business of life. Life…
3 CommentsA Grain of Salt Posts
Links available at the bottom of the post, Living Forward – Book Bach Cello Reimagined – Music At the Table – Podcast Presence APP
Leave a CommentIn today’s culture, duty seems to be a heavy burdened affair. Almost like a set of chains that limits an individual. I have found it to be so surprisingly liberating. I believe in doing my duty. From Wikipedia: Duty has to be accepted and understood on the basis of one’s foundation of sense and knowledge. Therefore, duty and its manifestations vary with values from culture to culture. On one hand, duty may be seen as…
1 CommentIt’s an American season of giving thanks! I know that it doesn’t seem to be true if you only listen to the cultural beat or the daily news. You may argue Mary it is only one day, not a month or more. I would remind us all that that one day we call Thanksgiving came out of the discipline and practice of a people who modeled daily thanks in the midst of life we can…
2 Comments
When I was young, I had the answers but nobody asked me questions. Now that I am old. people ask me questions but I don’t have answers. Elizabeth Elliot I loved listening to Gateway to Joy when I was a younger mom. And although it stopped airing in 2001 you can still listen to the wisdom of Elizabeth Elliot using the link provided. Her words and this particular quote so resonates with my life. When…
Leave a Comment
It was 1982. I was in the Navy and living in the Philippines. I still remember the call. With a twelve-hour time difference between Manila and Washington DC, it was a surprise to hear my father’s voice on the other end of the phone line. Yes, phones used to have cords that connected them to the wall. Dad knowing my love for current events and politics started the conversation. “Mary, good politicians know to keep…
2 Comments