When Selling Means Admitting You Were Wrong
What are you actually holding onto when you refuse to let something go? What could it be costing you to keep hoping you'll be proven right?
In this episode, I get honest about the three years I knew I'd leave my corporate career before I actually did, and why that's the same trap I watch families fall into when they won't loosen a single stock that's grown too big. I get into why this hits hardest for people who've done well, and why the real price of holding on is rarely the money.
I leave you with one question to run on a single piece of your life, financial or not. If you were starting from scratch today, would you build this again? Not whether to sell. Just whether you'd choose it on purpose.
ADDITIONAL RESOURCES YOU MAY LIKE
1 Big Idea to Think About
The reason we hold a position long past its expiration date is rarely the money. It's the hope of being proven right, and that hope is expensive.
1 Way You Can Apply This
Pick one thing you're holding, financial or not, and name the hope you've quietly attached to it. Just name it. You don't have to act yet.
1 Question to Ask
If I were starting from scratch today, with none of this already in place, would I choose this again on purpose?
Resources Featured in This Episode:
The Financial Story You Keep Telling Yourself
Your Brain Is Writing Your Financial Story. Is It Telling the Truth?