Sunk Cost Fallacy: Why We Can't Let Go of Bad Investments

I spent six months building a SaaS product that nobody wanted. The code was beautiful. The architecture was solid. I’d invested countless nights and weekends. I’d turned down freelance work to focus on it. I’d told everyone it was going to be “the one.” And the market response was… crickets. Any rational person would’ve shut it down and moved on. Instead, I spent another six months trying to “make it work.” I pivoted. I added features. I changed the pricing. I rewrote the landing page seventeen times. ...

February 12, 2024 · 16 min · Rafiul Alam