Live Rich

View the full post and video here: http://snip.ly/69wvq Summary: As the old song goes, you have to know when to hold them and you have to know when to fold them. It can be very challenging to know when to walk away from a failing business or a plummeting stock. As an entrepreneur, your bias toward action and optimism may blind you to reality. You may find yourself trying to salvage a dead-end idea in vain. I’ve been there myself. It’s not easy to just walk away after investing considerable amounts of your time and energy. But a simple change in your mindset may help you to make the shift away from focusing on your losses, toward what you stand to gain. Read on to learn more on how you can find the wisdom and strength to bounce back when an opportunity fizzles.