AI Snips
Chapters
Transcript
Episode notes
Ignore Sunk Costs
- The sunk-cost fallacy makes past time irrelevant for deciding whether to continue a project.
- Only the remaining cost and benefit from here forward matter when choosing to quit or keep going.
Announced Feature That Failed Twice
- 37signals announced a feature prematurely and pushed through twice before quitting.
- They learned announcing and hero-mode pushing prolonged work without solving core issues.
Reframe And Chop Scope Early
- Reframe the problem early and trade scope for speed when a project drags on.
- Chop scope or change approach a third into the cycle rather than waiting until the deadline.