ARE YOU DYING FROM LOSS AVERSION BIAS?
Apr 11, 2023WHAT IS LOSS AVERSION BIAS?
Loss Aversion Bias is when a person feels the pain of losin' somethin' way more than they get a kick from gainin' somethin' of the same value.
It's like you'd be really pissed if you lost 20 bucks, but only kinda happy if you found 20 bucks on the street.
This bias can mess with our heads and hold us back from makin' boss moves, ya heard me?
HOW DOES LOSS AVERSION AFFECT YOU?
Now, peep this list of ways Loss Aversion Bias can f**k with your growth:
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Holdin' onto old sh*t: Folks might be too scared to let go of things that ain't worth a damn anymore. It could be stuff, dead-end relationships, or some old-ass beliefs.
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Sleepin' on opportunities: Loss Aversion Bias can make you too shook to take risks, so you might pass up some dope-ass chances to level up in life.
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Not learnin' from your f**k-ups: The fear of losin' can make it hard as hell to own up to your mistakes, so you don't learn and grow from them.
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Stuck in the mud: 'Cause peeps don't wanna risk takin' an L, they might stay in their comfort zone, missin' out on opportunities to evolve and get their sh*t together.
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Ridin' that stability wave: Loss Aversion Bias can make you cling to stability like it's your ride-or-die, even when it's holdin' you back from makin' power moves.
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Procrastinatin': Folks might dodge takin' action 'cause they're scared of losin', which only keeps them stuck in the same ol' spot.
CONCLUSION
Sometimes you gotta take risks to boss up, and face the fact that loss is part of the hustle. Keep it 100!
Please leave a comment if you have questions.
Appreciate you for readin'!
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