Andrew Lloyd Beaver PA | There Are Sunk Costs In All Aspects Of Life
Andrew Lloyd Beaver PA wants you to imagine you once thought of creating a new recipe from the YouTube video you just watched, now in your mind, it sounded delicious, but when you finally cooked it and tasted it. But “Tasty” was the last thing the recipe was. But because you spent hours creating it and assembling the right spices you feel the need to finish it, so you eat it and your taste buds are dead. The point is: there is absolutely no reason in finishing a bad meal just because you started it says Andrew Lloyd Beaver PA . Sunk costs even though being a financial term in business that is being used to inspect the investments that cannot be recovered if they were made. For example says Andrew Lloyd Beaver PA, if a business spent $150,000 on building software and finds out it is not as great as they imagined, they can’t recover the investment costs so that should not affect the decision-making of the business. The same goes with your personal life, just because you ga...