17 min

Sunk Cost Fallacies: The Top 10 Fears that Keep Lawyers Stuck (and p.s. - you're not a failure) {Ep. 09‪}‬ Build Your Joyful and Thriving Lawyer Life// Helping Lawyers Create Joyful and Thriving Careers & Businesses (An Original Cre

    • Entrepreneurship

Ever felt stuck in a movie or concert you regretted, but you endured it because you paid for the ticket? We're diving deep into a similar phenomenon that might be holding you back in life – the Sunk Cost Fallacy aka the silent career killer! 
If you’ve been holding onto a legal career just because you've invested time, energy, and money, then stay tuned for a mind-shift journey. Let's unravel the Sunk Cost Fallacy together and discover why it might be keeping you from your true calling. Don't miss this eye-opening episode where we’ll uncover the emotional ties that keep you trapped and help you start to pave the way to a future that aligns with you.
In the journey of personal and professional growth, understanding and overcoming the Sunk Cost Fallacy can be a game-changer. As a seasoned guide in the legal field, I believe shedding light on this emotional barrier is crucial for anyone looking to break free from the chains of unfulfilling paths.
Here are five key takeaways from this episode:
Recognizing the Fallacy: Understand what the Sunk Cost Fallacy is and how it might be subtly influencing your decisions, keeping you tethered to a path that no longer serves you.
Learning from Experience: Shift your perspective from viewing past investments as losses to valuable lessons. Discover how every moment contributes to your growth and understanding.
Navigating Emotional Barriers: Acknowledge the emotional aspect that often keeps professionals stuck, even when they recognize the fallacy intellectually. Learn strategies to reconnect your rational and emotional selves.
Facing Fears Head-On: Explore the fears that commonly plague legal professionals contemplating a change, from concerns about judgment to the fear of losing the familiar. Gain insights into managing and overcoming these fears.
Empowering Decision-Making: Realize that making a change is not synonymous with failure. Empower yourself to make decisions aligned with your true aspirations, and embrace the uncertainty of what lies ahead.
 
Compelling Quotes from the Episode:
“Rather than LEARN something from the experience, they focus on the potential LOSS of changing directions or their mind.”
“It’s the fears that keep us back. It’s the fears that keep us stuck. You’re not a failure.”
“Start looking for the sunk cost fallacies in your life, in your thoughts, and start to shift your focus towards the what ifs that could go RIGHT - you’re not alone. You are not a failure, and you are not stuck.”
 
>>> 
Are you looking for clarity and guidance about the next steps in your legal career? 
Ready to get away from the toxic focus on the quantity of work in billables, and instead, focus on the quality of your work? 
Want to focus on what matters and have a life outside the office? 
If any of these were a whole body hell yes, then you’re in the right place! 
Hi! I’m Sheila Wilkinson, your host, and I’m an attorney, just like you. 
I built a multi-million dollar law firm from scratch and when the managing partner refused to uphold his end of the bargain, I walked away from it all. Now, I live on two continents and help other lawyers live their best lives, too! 
I still practice law, and I’m also a coach, consultant, and educator. I’ve spoken on plenty of stages across the globe - CLEs included! 
My mission is to help you figure out exactly who you really are and what you really want, underneath and in spite of all those shoulda, woulda, couldas, because mark my words: what you want is within reach, and it’s a lot closer than you think! 
So, grab something to take notes with and let’s dig deep about what you really want your joyful and thriving lawyer life to look like! 
And when you’re ready, below are some free and low-cost resources you can start creating your joyful and thriving life today. But here’s a secret: the magic really happens when we work together, so schedule a call with me and let’s chat.

Ever felt stuck in a movie or concert you regretted, but you endured it because you paid for the ticket? We're diving deep into a similar phenomenon that might be holding you back in life – the Sunk Cost Fallacy aka the silent career killer! 
If you’ve been holding onto a legal career just because you've invested time, energy, and money, then stay tuned for a mind-shift journey. Let's unravel the Sunk Cost Fallacy together and discover why it might be keeping you from your true calling. Don't miss this eye-opening episode where we’ll uncover the emotional ties that keep you trapped and help you start to pave the way to a future that aligns with you.
In the journey of personal and professional growth, understanding and overcoming the Sunk Cost Fallacy can be a game-changer. As a seasoned guide in the legal field, I believe shedding light on this emotional barrier is crucial for anyone looking to break free from the chains of unfulfilling paths.
Here are five key takeaways from this episode:
Recognizing the Fallacy: Understand what the Sunk Cost Fallacy is and how it might be subtly influencing your decisions, keeping you tethered to a path that no longer serves you.
Learning from Experience: Shift your perspective from viewing past investments as losses to valuable lessons. Discover how every moment contributes to your growth and understanding.
Navigating Emotional Barriers: Acknowledge the emotional aspect that often keeps professionals stuck, even when they recognize the fallacy intellectually. Learn strategies to reconnect your rational and emotional selves.
Facing Fears Head-On: Explore the fears that commonly plague legal professionals contemplating a change, from concerns about judgment to the fear of losing the familiar. Gain insights into managing and overcoming these fears.
Empowering Decision-Making: Realize that making a change is not synonymous with failure. Empower yourself to make decisions aligned with your true aspirations, and embrace the uncertainty of what lies ahead.
 
Compelling Quotes from the Episode:
“Rather than LEARN something from the experience, they focus on the potential LOSS of changing directions or their mind.”
“It’s the fears that keep us back. It’s the fears that keep us stuck. You’re not a failure.”
“Start looking for the sunk cost fallacies in your life, in your thoughts, and start to shift your focus towards the what ifs that could go RIGHT - you’re not alone. You are not a failure, and you are not stuck.”
 
>>> 
Are you looking for clarity and guidance about the next steps in your legal career? 
Ready to get away from the toxic focus on the quantity of work in billables, and instead, focus on the quality of your work? 
Want to focus on what matters and have a life outside the office? 
If any of these were a whole body hell yes, then you’re in the right place! 
Hi! I’m Sheila Wilkinson, your host, and I’m an attorney, just like you. 
I built a multi-million dollar law firm from scratch and when the managing partner refused to uphold his end of the bargain, I walked away from it all. Now, I live on two continents and help other lawyers live their best lives, too! 
I still practice law, and I’m also a coach, consultant, and educator. I’ve spoken on plenty of stages across the globe - CLEs included! 
My mission is to help you figure out exactly who you really are and what you really want, underneath and in spite of all those shoulda, woulda, couldas, because mark my words: what you want is within reach, and it’s a lot closer than you think! 
So, grab something to take notes with and let’s dig deep about what you really want your joyful and thriving lawyer life to look like! 
And when you’re ready, below are some free and low-cost resources you can start creating your joyful and thriving life today. But here’s a secret: the magic really happens when we work together, so schedule a call with me and let’s chat.

17 min