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1/21/2019

losing efforts without losing yourself

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What can you say of a person that tries to lose more monies in a bad deal? It starts with S and ends with D.

In the face of overwhelming evidence that the deal, business, venture, or enterprise is doomed to fail, why it's even possible that more resources are being invested to it?

Is it wishful thinking, or losing face, or not looking bad in the eyes of the neighbors? Is it about pride? Is it about bad data or bad analysis? Is it about fear of facing the reality or consequences? It is about not accepting that it failed?

Regardless, it is a bad idea to pour money over bad money. 

The logic of the day is to cut your losses and run! But when people stubbornly refuse to let go of a failed venture, and turned a blind eye on reality, it is more emotional than anything logical at this point. 

You can teach a person to become logical about decision-making but you can't teach a person to be honest with himself. 

Being authentic starts from within. 



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    ​Hello!  My name is Maiden Manzanal-Frank, also known as the Global Strategist. I am an award-winning diversity champion, organizational development expert, writer, speaker, a Rotary Peace Fellow, an upcoming author, and an incurable realist. I work, write and engage others in the  intersection of impact through innovation and sustainability.  I accelerate on-purpose organizations' achievement of impact and growth strategies through the alignment of their stakeholders so they can do greater good in the world. I keynote in conferences and corporate events every year. I'm writing my first commercial book on Global Impact Leadership. You can chat with me at LinkedIn.


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