Nov 14, 2017
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Don't Stick With a Failing Project or Person Just Because You've Already Invested Time and Money

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Without doubt, business decisions are tainted by the emotional investments they accumulate, and the more one invests in something, the harder it becomes to abandon it. Wes Smithe, co-founder and CEO of Direct Property Management Software, finds guidance in Friedrich Nietzsche’s quote: “That which is falling should also be pushed.” Being aware of it helps him tremendously in abstaining from making poor decisions based on sunk costs. With a passion for branding and product, Smithe oversees the Direct Property Management Software’s growth and development, ensuring they provide the best solution for professional vacation rental management companies, boutique hotels, B&B’s and hostels.

Watch more videos from&nbsp;BizCast&nbsp;on its&nbsp;YouTube channel here</a>.</i></p>

Related:&nbsp;Why This Business Leader Says Feedback Is the 'Breakfast of Champions'</a></b></p>

Entrepreneur Network</a>&nbsp;is a&nbsp;premium video network&nbsp;providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.</i></p>

EN is partnered with hundreds of top&nbsp;YouTube channels</a>&nbsp;in the business vertical. Watch video from our network partners on&nbsp;demand on&nbsp;Amazon Fire</a>,&nbsp;Roku</a>,&nbsp;Apple TV</a>&nbsp;and the Entrepreneur App available on&nbsp;iOS</a>&nbsp;and&nbsp;Android</a>&nbsp;devices.</i></p>

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&nbsp;</p>”,”objectTypeId”:”13″,”headline”:”Don’t Stick With a Failing Project or Person Just Because You’ve Already Invested Time and Money”,”readTime”:”2″,”deck”:”The best thing you can do is get out of that situation as quickly as possible.”,”authorHandle”:”@BizCastHQ”,”shortLink”:”http://entm.ag/0ue”,”pages”:26,”readOnlyComments”:false}”>

The best thing you can do is get out of that situation as quickly as possible.

Without doubt, business decisions are tainted by the emotional investments they accumulate, and the more one invests in something, the harder it becomes to abandon it. Wes Smithe, co-founder and CEO of Direct Property Management Software, finds guidance in Friedrich Nietzsche’s quote: “That which is falling should also be pushed.” Being aware of it helps him tremendously in abstaining from making poor decisions based on sunk costs. With a passion for branding and product, Smithe oversees the Direct Property Management Software’s growth and development, ensuring they provide the best solution for professional vacation rental management companies, boutique hotels, B&B’s and hostels.

Watch more videos from BizCast on its YouTube channel here.

Related: Why This Business Leader Says Feedback Is the ‘Breakfast of Champions’

Entrepreneur Network is a premium video network providing entertainment, education and inspiration from successful entrepreneurs and thought leaders. We provide expertise and opportunities to accelerate brand growth and effectively monetize video and audio content distributed across all digital platforms for the business genre.

EN is partnered with hundreds of top YouTube channels in the business vertical. Watch video from our network partners on demand on Amazon FireRokuApple TV and the Entrepreneur App available on iOS and Android devices.

Click here to become a part of this growing video network.

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