We could all use a reality check once in a while. When we pick up a box of cookies instead of a bag of carrots; when we choose to lounge on the couch in our sweats instead of exercising; when we decide it’s a good idea to grow out our sideburns. Whatever it is, sometimes, we just need someone to step in and say, “Hey, what are you doing?”
You are the CEO of an aviation company, and you have a budget of $10 million with which to develop a plane that is not detectable by radar. After spending months, and $9 million, your competitor announces they’ve scooped you and made the plane. Not only did it cost less, but it performs better. Now, what do you do? Do you use the remaining $1 million to finish the project and release an inferior plane, or do you cut your losses and reinvest somewhere else?