The Sunk Cost Phallacy is of particular relevance to Rob Stokes (Chairman of the Red & Yellow School), who said it like it is to u|Chief.
Rob tells u|Chief why he can’t stop something once he’s started… but admits that he’s getting better!
Rob recalls a great idea he had that he never took forward.
- “I want to judge people on the outcomes of their ideas, not the ideas themselves.” – Rob Stokes
- “I am full of ideas… but most of them are really bad!” – Rob Stokes
Rob discusses the importance of giving young people opportunities to learn entrepreneurship skills from a young age… and the dangers of job loss caused by AI.
- “The best teachers have empathy… and it’s really hard to fake empathy.” – Rob Stokes