This is more difficult than it sounds.
To some people, it means
admitting you were wrong.
(But of course, you
weren't wrong. You made a decision based on one set of facts, but now you're
aware of something new.)
To some people, sunk
costs are a real emotional hot button, and walking away from investments of
time, of money, and mostly, of commitment, is difficult.
(But of course, ignoring
sunk costs is a key to smart decision making).
And, to some people, the
peer pressure of sticking with the group that you joined when you first made a
decision is enough to overwhelm your desire to make a better decision.
"What will I tell my friends?"
A useful riff you can
try:
Sure, I decided that then, when I knew
what I knew then. And if the
facts were still the same, my decision would be too. But the facts have
changed. We've all heard them. New facts mean it's time for me to make a new
decision, without regard for what I was busy doing yesterday, without concern
for the people who might disagree with me. My guess is that once they realize
these new facts, they're likely to make the same new decision I just did.
This decision is
more important than my pride.
PS Today might be a good
day to consider the altMBA. Our next session of this intense workshop is in
January, and we're accepting applications right now. Every previous session has
been completely full, and this one will be no exception...
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