Closing Doors
According to this article, a series of MIT experiments showed people are generally unwilling to close themselves off to options, even if those are proving to be less favourable than a track they’re already on.
Or that people continue on in a losing situation, investing themselves in it, because they are afraid of closing the door to that avenue.
It turns out people are hooked on doors. Closing doors is perceived as loss, and most are unwilling to go through the emotional strain of that. So they continue to lose resources—be it time, energy, emotions—to doors, just to keep them alive.
The question is, will you be able to recognise an unfavourable profit-losing door when time comes to close it?
And even if you can, will you be able to place your hand on it and push it shut?