Deepstash brings you key ideas from the most inspiring articles like this one:
Read more efficiently
Save what inspires you
Save all ideas
SIMILAR ARTICLES & IDEAS:
People use excuses to rationalize their actions regarding their circumstances, their actions toward other people, and regarding certain events. It is also one of the primary reasons why people are unable to accomplish what they want out of life.
When you are comparing yourself to others, you are probably only seeing part of the whole picture.
If you are making an excuse not to try something new, because you are comparing yourself to others who are experts in the field, remember that they were also inexperienced at some stage.
The unknown can be scary, but it may not be a negative thing. Many good things can come from taking a step into the unknown.
... when you're trying to improve something look like this:
... when you're trying to improve something looks like this:
Being afraid of regret is a powerful driver of maintaining the status quo in our lives.
It's a bias related to money and it describes how investors hold on tight to losing assets. The driving force behind this behavior is our fear of regret.
It shows we are very hesitant to sell an asset at a loss and we tend to hang on to it as it keeps dropping in value, hoping it will pick up again.
When starting new projects, we tend to have high expectations of them doing well. We put a big amount of effort into them and even if see they don't go that well, we still choose not to opt-out. Instead, we hang on them longer, because we feel regret of leaving a project before it materializes.
We therefore fall into the trap of irrationally hanging on to it in order to avoid regret temporarily.