Learn more about personaldevelopment with this collection
How to set achievable goals
How to create and stick to a schedule
How to break down large projects into smaller manageable tasks
One may become biased toward the backup plan due to the sunk cost fallacy. Although this phenomenon normally refers to our tendency to stick to plans longer than we should because we’ve invested heavily in them (i.e., “throwing good money after bad”), the more resources we commit to our backup plan, the more likely we are to change course. So creating a backup plan often begets using the backup plan.
MORE IDEAS ON THIS
If you have a backup plan, then you’ve already admitted defeat.
Accept reality and have a backup plan, but always follow your dreams no matter what.
Backup plans can undermine goal pursuit by devaluing the rewards associated with achieving a goal, thus reducing motivation.
Backup plans draw tangible and psychological resources away from your primary goal in both the planning and execution stages.
Students can focus on superordinat...
Backup plans are risky business. They decrease desire and commitment to the initial goal, create an additional cognitive burden, and ultimately hinder performance.
Nobody wants to be a nurse, teacher, or engineer in a vacuum. Students learn in order to help other people, expand knowledge,...
Superordinate goals can also afford the opportunity to pursue concurrent goals.
For example, if you want to lose weight, you can consume fewer calories and exercise more; it’s not an either-or situation and neither strategy must be relegated to “backup plan.” But students can only...
More like this
It plays on this tendency of ours to emphasize loss over gain.
The term sunk cost refers to any cost that has been paid already and cannot be recovered. The reason we can't ignore the cost, even though it's already been paid, is that we're wired to feel loss far more strongly than g...
It describes our tendency to commit to something just because we've already invested resources in it—even if it would be better to give up on it.
How to control it: Always reevaluate your processes in light of new evidence.
Humans are especially susceptible to the “sunk cost fallacy”—a psychological effect where we feel compelled to continue doing something just because we’ve already put time and effort into it.
But the reality is that no matter what you spend your time doing, you can never get that time ba...
Explore the World’s
Take Your Ideas
Just press play and we take care of the words.
No Internet access? No problem. Within the mobile app, all your ideas are available, even when offline.
2 Million Stashers
Great interesting short snippets of informative articles. Highly recommended to anyone who loves information and lacks patience.
This app is LOADED with RELEVANT, HELPFUL, AND EDUCATIONAL material. It is creatively intellectual, yet minimal enough to not overstimulate and create a learning block. I am exceptionally impressed with this app!
Don’t look further if you love learning new things. A refreshing concept that provides quick ideas for busy thought leaders.
Best app ever! You heard it right. This app has helped me get back on my quest to get things done while equipping myself with knowledge everyday.
Great for quick bits of information and interesting ideas around whatever topics you are interested in. Visually, it looks great as well.
I have only been using it for a few days now, but I have found answers to questions I had never consciously formulated, or to problems I face everyday at work or at home. I wish I had found this earlier, highly recommended!
Brilliant. It feels fresh and encouraging. So many interesting pieces of information that are just enough to absorb and apply. So happy I found this.
Even five minutes a day will improve your thinking. I've come across new ideas and learnt to improve existing ways to become more motivated, confident and happier.
Read & Learn
Access to 200,000+ ideas
Access to the mobile app
Unlimited idea saving & library
Unlimited listening to ideas
Downloading & offline access
Supercharge your mind with one idea per day
Enter your email and spend 1 minute every day to learn something new.
I agree to receive email updates