Comments on: Cost Hence Commitment http://www.snowboardjohn.com/cost-hence-commitment/ A Study of Online Biz Risk Management Theory Tue, 06 Jan 2009 12:35:43 +0000 http://wordpress.org/?v=2.2.1 By: Caseyfern http://www.snowboardjohn.com/cost-hence-commitment/#comment-209 Caseyfern Thu, 20 Sep 2007 08:29:28 +0000 http://www.snowboardjohn.com/cost-hence-commitment/#comment-209 So -that's- why Dad kept that Edsel for so long... Seriously though, an on-the-nail analysis of how so many of us get worn so thin by trying to juggle far too many marbles at once. When one of those marbles suddenly turns into a soccer ball, the rest are at risk to go flying to the pavement... but we paid so much to get those marbles so... we pick them up and juggle frantically. Point taken. Want some marbles? So -that’s- why Dad kept that Edsel for so long…

Seriously though, an on-the-nail analysis of how so many of us get worn so thin by trying to juggle far too many marbles at once. When one of those marbles suddenly turns into a soccer ball, the rest are at risk to go flying to the pavement… but we paid so much to get those marbles so… we pick them up and juggle frantically.

Point taken. Want some marbles?

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By: Paul http://www.snowboardjohn.com/cost-hence-commitment/#comment-181 Paul Wed, 19 Sep 2007 20:35:47 +0000 http://www.snowboardjohn.com/cost-hence-commitment/#comment-181 Actually, I love Jacob's idea of using this to your advantage-- and I am going to go rent a server today. Thanks Actually, I love Jacob’s idea of using this to your advantage– and I am going to go rent a server today.

Thanks

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By: Jacob http://www.snowboardjohn.com/cost-hence-commitment/#comment-173 Jacob Wed, 19 Sep 2007 18:45:07 +0000 http://www.snowboardjohn.com/cost-hence-commitment/#comment-173 Nicely put! I also enjoyed your list of acronyms. A point to ponder: the reverse is also true - i.e. when there is no cost involved, it can be difficult to commit to a project. When you are aware of this psychological phenomenon, you can use it to your advantage. For example, I have a software project that I have been working on in my spare time. Being the creative, curious type, I have a tendency to go off on tangents and explore different ideas which come to me constantly. This can be a good thing, but left unchecked it's a problem because I would never get the product to a state where I felt comfortable launching. To combat this, I signed up for hosting and bought a domain name, then sat down and created a list of must-have features for a 1.0 version. Having a real, monthly cost associated with the project raised my level of commitment (and focus) to the project. This is why honest self awareness and reflection, while difficult, can be one of your biggest strengths in business (and life). Nicely put! I also enjoyed your list of acronyms.

A point to ponder: the reverse is also true - i.e. when there is no cost involved, it can be difficult to commit to a project. When you are aware of this psychological phenomenon, you can use it to your advantage.

For example, I have a software project that I have been working on in my spare time. Being the creative, curious type, I have a tendency to go off on tangents and explore different ideas which come to me constantly. This can be a good thing, but left unchecked it’s a problem because I would never get the product to a state where I felt comfortable launching. To combat this, I signed up for hosting and bought a domain name, then sat down and created a list of must-have features for a 1.0 version. Having a real, monthly cost associated with the project raised my level of commitment (and focus) to the project.

This is why honest self awareness and reflection, while difficult, can be one of your biggest strengths in business (and life).

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