Boiling The Ocean

Do you ever find yourself stuck in a professional or personal rut? Have you or your business become more risk averse as you’ve gotten older and more established? The answer is almost certainly yes, and that’s the case for pretty much everyone (us included). But did you know that our tendency towards complacency is actually inherited from our days foraging on the savanna 40,000 years ago? Today’s episode looks at our relationship with risk and what economists call our status quo bias. Inertia is dangerous for both individuals and companies, and this impulse is actually counterproductive in our modern, fast-changing world. Tune in as we discuss how important it is to make intelligent bets from time to time - and how to think about change more productively.