Cut Your Losses

Good morning,

Happy Friday! Sometimes in business you can "stay the course" and in time you’ll reach your goal. But what do you do when you discover you’re going the wrong way?

Change direction.

Too often we’re afraid to admit we’ve made a mistake and take corrective action. Once we’ve invested our time, money or ego we’re reluctant to give up on those investments. But when we find ourselves on the wrong path a willingness to accept losses and change direction can enable us to avoid even greater losses later.

Lester Thurow reminds us that sometimes, “A competitive world offers two possibilities. You can lose. Or, if you want to win, you can change.”

Let’s make the right call - and have a sunny day!

Clarity

P.S. “When you're finished changing, you're finished.” Benjamin Franklin

P.P.S. I always enjoy hearing from you and I thank you for sharing Sunny Notes with others. New readers can Visit This Link to add an email address to receive Sunny Notes directly from me by email each Friday.

Clarity Patton Newhouse
Sunny Media Group, Inc.
313-268-6810
SunnyMediaGroup.com