Can knowing the answer hurt you?

The questions you ask yourself determine the results you get in life. Keith Cameron Smith In school, we were taught to know the answer. And we were constantly checked to see if we knew the answer. There were periodic tests, exams, pop quizzes and, most dreaded of all, occasions when we were called on in class. So we’ve been thoroughly indoctrinated in the importance of being able to provide answers when asked. But I wonder, can knowing the answer hurt you? I’m sure your reaction is typical: how could knowing the answer possibly work against you? To illustrate the point, …
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Want to accomplish more?

Nothing is so fatiguing as the eternal hanging on of an uncompleted task. William James 1842 – 1910 One of the major complaints I hear from people is that they can never get their to-do list whittled down. They have great intentions, but somehow time slips away and they never finish the tasks they planned to do. Well, I’m going to tell you about a technique which will greatly improve your chances of getting things done. Before I share the technique, I want to tell you about a couple of experiments Jim Loehr and Tony Schwartz discussed in their book, …
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Sunk costs

If things go wrong, don’t go with them. Roger Babson 1875 – 1967 Over the past few weeks, some of you may have received holiday gifts you don’t like, and you might be thinking about selling them on eBay or Craigslist. There’s an important business principle called sunk costs that you ought to consider; it’s actually useful in any number of life situations, so it’s a good lesson to learn and understand. The idea of sunk costs is fairly simple: any past costs associated with a decision are irrelevant, because you can’t change the past; you should only consider current and future …
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