Business Creators Radio Show With Adam Hommey

Research shows that although four out of five entrepreneurs believe they have a good — if not certain — chance of success, 74 percent of new start-up businesses fail, most often due to overconfidence and loss aversion. Further, decision-makers tend to escalate their commitment even when knowing they’re in a failing course of action. This […] The post Entrepreneurs Must Avoid Falling Prey to a Commitment Trap, With Vincent deFilippo first appeared on Business Creators Radio Show with Adam Hommey.