63: The Hidden Costs in Business

I talk a lot about the numbers of business, but what are the hidden costs?

Today I break down opportunity cost and sunk cost and how to make decision-making models that account for these and help you avoid the biases that are all too common.

To learn more about these biases, check out my newsletter editions on them:

How to avoid sunk cost fallacy and save your business money

Football, Food, & Opportunity Cost

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