–
Want To Listen To The Article Instead?
–
The Sunk Cost Fallacy
In reality, we fear downtime or abandoning projects midway is because of the fear of losing all that we have invested in so far. And that’s exactly the sunk cost fallacy. This is when you’ve already invested so much time, emotion or effort in something, that it becomes difficult to abandon it, even though you should.
Instead of worrying about our sunk costs or opportunity costs (the loss we experience from picking one alternative over another), how about we embrace the fact that failure is the key for innovation and growth to happen.
– 0 –
About The Article Author:
Hi, I’m Rachana. Its been my dream for years to do something to consciously create a better future where every one of us is excited about our own potential. My challenge to everyone is that they aspire for their personal best and leave a legacy of their work through their contributions to mankind.
One more thing. In December of 2044, I hope to win the Nobel.
Will you join me on this journey of growth and transformation?
Namasté.
Now Is The Time To Decide
Living Deliberately Without the Woods: How to Build a Meaningful Life in a Noisy World
Excuse my language. There's a meme I once saw while helping one of my clients with his decluttering project. "Working jobs we hate, so we can buy shit we don't need." Doesn't it sum up the way we are living our lives? This continues to bring me back to Henry David...
Why Every Child Should Learn Robotics Now: Instant Engagement, Creativity, and Future Skills
I've been teaching robotics since 2017, first at in person classes, then virtually during the pandemic and now back to in person, and there's a common theme. When it comes to robotics, its instant engagement. Everytime I teach a robotics class, I am amazed at the...
Finding Peace on a Walk Across America: What a Dog, the Deep South, and a Buddhist Monk Teach Us
How Do We Find Peace? “By practicing mindfulness. Mindfulness is the medicine we all need.”This was the answer given by a Buddhist monk at the Walk for Peace event yesterday in deep south Georgia. And what a moment it was. A group of dedicated Buddhist monks,...
If I Had My Life to Live Over, I’d Pick More Daisies: A Gentle Reminder to Live Fully
https://youtu.be/7QQ2uaw1PjY - Want To Listen To The Article Instead? - Pick More Daisies If you're like me, you get a lot of forwards on WhatsApp. One such poem is called "If I Had My Life To Live Over". I love the spirit behind this one. I researched...
Lessons in Effortless Living from the Nile: How Flow, Impermanence, and Surrender Shape a Meaningful Life
Certain experiences sharpen our sense of being alive, like revisiting our day while journaling at night, the fleeting jolt when a stranger’s gaze catches yours across the room, or wandering cobblestone streets in a new city. The Nile, too, is such an...
Let’s Reimagine the Übermensch: Creative Freedom in Service to Something Greater
Every culture has its superheroes. There is Hercules, the legendary Greek hero and son of Zeus, who achieved god-like status through his extraordinary actions. Then there is Arjuna, the epic warrior prince from the Hindu Mahabharata, renowned for his unmatched courage...
On Living Out Loud – Read by Rachana
https://youtu.be/KHnRhdHrQyE - Want To Listen To The Article Instead? - The Actions Of A Free Man Here’s the truth. The things that make us feel alive, laughter that makes our ribs ache, projects that ignite curiosity, connections that fire...
Stop Waiting For Permission: How To Live Out Loud And Become The Carpe Diem Type Person
Listen to the essay here. - Cynics and the Hype Squad I've always found energy to be contagious. Imagine you're getting into a metro train where the mood is somber, you'll also tend to become silent and serious yourself, just minding your own business. But if...
AI Chatbots Are Being Misused to Create Child Sexual Abuse Material. And It’s a Wake-Up Call
- Parents, Here's The News Coming From The IWF For the first time ever, the Internet Watch Foundation (IWF) has confirmed something deeply disturbing: AI chatbots are being used to generate child sexual abuse material (CSAM). This isn’t just a hypothetical risk...
Babysitting and Brain Rot Stations: What Kids Can Teach Us About Living in the Now
- Last week, one of our funniest Swamijis (Ramakrishnaji) was in town for a Satsang, so I was assigned the task of babysitting kids at a local chapter of the Chinmaya Mission. As I got on with the task of monitoring what I wondered would be a wolf pack of...
What Marcus Aurelius and Kahlil Gibran Can Teach Us About Surviving (and Thriving) in the Age of AI
- The Poet In My Memory "In your longing for your giant self lies your goodness, and that longing is in all of you." Kahlil Gibran wrote in his seminal work, The Prophet. The first time I came across the name Gibran was in my childhood when my mom would read...
Choosing Growth Over the Easy Win: How to Navigate Life’s Crossroads
- That Y In The Road As a student (indirect) of Swami Chinmayananda, his teachings have had a profound impact on how I live my daily life in a personal capacity as a mother, wife and friend. I also try to imbibe Guruji's teachings in how I interact with my...