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The Scrimba Podcast

Changing Careers? This Is How to Defeat the Sunk Cost Fallacy, with Doctor-turned-developer Shona

Sep 26, 2023
Guest Shona Chan, a doctor-turned-developer, shares her journey of transitioning from medicine to coding, motivated by a desire to solve a real-world problem. She discusses the skills she learned as a doctor that helped her in her new career and highlights the challenges of overcoming the sunk cost fallacy. The podcast also explores the rewarding aspects of creativity in programming and the limitations of learning through YouTube videos. Shona shares her excitement about her new role at a health tech startup, aligning with her mission as a doctor.
40:22

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

  • Consider the cost of not making a change when evaluating a career switch.
  • Aligning personal values and goals with career decisions is crucial for successful transitions.

Deep dives

Importance of considering the cost of not making a change

One of the main insights discussed in the podcast episode is the importance of considering the cost of not making a change, in addition to the sunk cost. The speaker emphasizes that if the cost of not making a change outweighs the sunk cost, then it is necessary to make a change. This perspective encourages listeners to evaluate the potential benefits and drawbacks of staying in a current situation versus pursuing a new path, highlighting the significance of strategic decision-making.

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