Adding Value for Free

The world is far from fair and perfect. There are so many things that get in the way of whatever you want to do. One of those things that is often obstructed because of unfair disadvantages is getting a job. Whether its because of who you are or who you are not, often times things get in the way. And that sucks. And there are lots of people fighting agains these biases in an incredible way.

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Stop Making Decisions Off Of Sunk Costs

For most, if not every decision, there is a cost incurred as a result of an action. As I’ve learned in accounting, there are many different types of costs: opportunity, differential, etc. An interesting type is called a sunk cost. It can be defined as “a cost that has already been incurred and thus cannot be recovered.” Sunk costs are things that happened in the past that you can no longer control. You did something. It’s done. There is nothing you can really do about it.

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