Navigating Narcissism with Dr. Ramani cover image

Working for LuLaRoe w/ Roberta Blevins

Navigating Narcissism with Dr. Ramani

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The Sunk Cost Fallacy in MLM

Sunk cost fallacy is a theory and behavioral economics. It's the idea that once you've put money into something, we then instead of walking away saying, okay, I screwed up, I'm out, we keep throwing more money at it. There's so much of this in MLM because it keeps you there. Once you realize the emperor isn't actually wearing any clothes, No, the emperor's wearing leggings. You now then have to justify why you're still here as it's clearly not what we signed up for. But now I'm invested. Well, I've put a lot of money in it. And they keep telling me if I keep working harder and I

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