The NewsNale Podcast is an experienced entrepreneurs’ take on the happenings in today’s business. We explore headlines as well as interview successful entrepreneurs most of whom are from, or have businesses in, my home state of Montana.
Fall is on the air. A news semester is starting. Embrace the change and the opportunity it is. Whether you’re in school tackling new classes, teachers, and classmates, or at work reflecting on the year and what it will take to finish it out, now is the time to take personal inventory. Are you good where you are? Great? Do you have fiends and supports groups with whom you know you can be you? If so, why? If not, what are you going to do about it?
7 Aug 2024
NewsNale 38 | The Wood Box and The Fireplace.
This week we discuss the power of being gracious. Recognizing the kindness and efforts of others. Or, how to be a good guest.
I learned the lesson early from my grandfather—never leave a wood box empty.
Whether its housewarming gifts, a full wood box or stripping the bed, always to leave a place, company, relationship better than you found it.
In sum: take the extra step:
· Show up early
· Over dress
· Bring a gift
· Send a thank you note, card or even text
10 Jul 2024
NewsNale Episode 37 | Quitting
This week I talk about quitting. Why timing is as important as the decision itself.
The current pressure on Joe Biden to quit the campaign post his disastrous debate calls into focus: why do we hold on too long to correct a bad decision?
The answer: Escalation of Commitment. Learn how escalation of commitment makes it difficult to change direction once we’ve started down a path.
Why so hard?
Loss Aversion:
People hate losing. When faced with the potential of recognizing a loss, they often double down in hopes of turning things around.
Cognitive Dissonance:
Admitting failure creates mental discomfort. To avoid this, individuals rationalize continuing their commitment to justify past decisions.
Self-Justification:
There’s a need to prove that previous decisions were correct. By persisting, one tries to validate the initial choice, even if it's clearly not working.
Social and Cultural Pressure:
Peer pressure, cultural norms, or organizational culture can compel individuals to stick with a decision to avoid appearing inconsistent or weak.
Overoptimism:
The belief that the situation will improve with just a bit more effort, time, or investment can lead to further commitment
Reach and audience
Public platform figures. Ratings count people who left a rating, not total listeners.
Apple Podcasts (US)
5.0 / 5
2 ratings
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