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Getting Bad Advice from Good People | Ep 687
The Game w/ Alex Hormozi
Moving On with a Fire Sale
1min Snip
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When you decide to move on from something, whether it be a business or any decision, it is crucial to swiftly cut ties and not linger between closing down or striving for an ideal outcome. Transitioning from a 'fire sale' mentality to achieving the ideal result requires vastly different actions and time investments. By evaluating the opportunity cost of the transition period and comparing it with the potential gains of pursuing the new endeavor, one can make a mathematically sound decision. It is wise to prioritize the greater potential gain and promptly move towards the new direction while severing connections with the previous commitment.
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