Description

EPISODE TITLE: TRUST YOUR GUT SUNK COST BIAS

Welcome to "The Job Free Economy Podcast with Joe Herbert," where we dive into the world of personal and financial freedom. In this episode, Joe shares his insights on trusting your gut feeling and avoiding sunk cost bias. He discusses real-life examples from his own experiences and provides valuable advice on how following your instincts can lead to happiness and success.

Top 5 Important Points:

• Trusting Your Gut: Joe emphasizes the importance of trusting your instincts in various aspects of life, whether it's business, relationships, education, or investments.
• Sunk Cost Bias: Exploring the concept of sunk cost bias, Joe explains how people often cling to unfulfilling situations due to the fear of losing their past investments, be it time, money, or emotional energy.
• Real-Life Example: Joe shares a personal story of a property purchase where he initially went against his gut feeling. He highlights the importance of recognizing and rectifying such situations to achieve true happiness.
• Three Reasons People Don't Trust Their Gut: Joe identifies the three common reasons people hesitate to trust their instincts – sunk cost bias, fear of what others think, and the fear of the unknown.

Get Connected:

Subscribe for updates on new episodes and gain valuable insights into achieving personal and financial freedom. Additionally, download Joseph Herbert's free ebooks at www.selfmadewealth.co and join the Facebook Group at https://www.facebook.com/groups/jobfreeeconomy to be part of the conversation and network with like-minded individuals.