Archive for month: March, 2022

If you are unhappy at work, you may be considering a major decision — changing jobs, moving into a new industry, or even reinventing your career altogether.

Yet this possibility often comes with fear and hesitation.

You may catch yourself thinking: What if I regret it?
At least I know what I have.
I may not like it, but it’s familiar.

So what stands in the way of making a clear, informed choice?
And how can you begin to recognize — and challenge — your own internal biases?

The invisible force behind your hesitation

Award-winning journalist David McRaney describes the Sunk Cost Fallacy with striking simplicity:

Misconception: You make rational decisions based on the future value of objects, investments, and experiences.

Truth: Your decisions are shaped by emotional investments — and the more you have invested, the harder it becomes to walk away.

Psychologists Daniel Kahneman and Amos Tversky offered a perspective based on biology and evolution: Organisms that prioritized avoiding threats over maximizing opportunities were more likely to survive and pass on their genes. Over time, this instinct became deeply wired in us.

As a result, the fear of loss often outweighs the promise of gain — even when the gain could lead to a better life.

Behavioral economist Dan Ariely adds another layer with what he calls the “pain of paying”: the discomfort we experience whenever we must give up something we already own.

How the Sunk Cost Fallacy shapes your career choices

You — and possibly your parents — invested in your education so you could start a career in a field of your choosing.

Since then, you have progressed through roles with increasing responsibility, recognition, and financial reward. Or perhaps you created your own business — maybe more than one — and navigated growth, setbacks, risks, and achievements.

All the time, energy, and emotion you have poured into your career have shaped the professional you are today.

So even if your work no longer brings satisfaction, the idea of walking away from what you have built year after year can feel unbearable.

And yet — why are you staying?

Are you honoring your past investments, or remaining loyal to the effort it took to arrive at a place that no longer fulfills you?

Becoming aware of how your decision process

Awareness often starts with small things.

Every day, you make countless micro-decisions — what to eat for dinner, how to react in a meeting, whether to speak up or stay silent. Begin observing how you make those choices.

David McRaney offers a telling example:

“Have you ever gone to see a movie only to realize within fifteen minutes that it’s one of the worst films ever made — but you sat through it anyway? You didn’t want to waste the money, so you stayed and suffered.”

Your career is not a movie. And your investment is worth far more than a ticket.

Holding on to the status quo simply because you have already paid the price will not move you toward what could be.

What is — versus what could be

Questions around career change can quickly become obsessive. There is much at stake, and the desire to make the “right” decision can feel overwhelming.

At this point, I invite you to step back from the career question itself. This may sound counterintuitive, but stay with me.

Your real agenda is not your job.
It is the life you want to live.

A life that includes your health.
The time you want for your family.
Your personal well-being.
The level of income you need to sustain it.

Only from this wider perspective can clarity emerge — about what needs to remain, and what is ready to change.

There is no loss — only transformation

You may believe that all your value is written on your CV.
It isn’t. What appears there is only the visible part of who you are.

At this stage of life, you deserve more than repeating what you already know how to do. You deserve to focus on what you truly excel at — the activities that feel natural, energizing, and meaningful.

Wherever you go, everything you have learned goes with you.

Your experience travels.
Your insight deepens.
Your value does not disappear — it transforms.

And sometimes, what feels like loss is simply the doorway to something more aligned waiting to open.

 

 

 

 

 

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Sources
Mc Raney, D. “You Are Not So Smart”
Kahneman, D. “Thinking, Fast And Slow
Ariely, D. “Predictably Irrational”