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A Simple Mistake That Costs Engineers Time and Moneyby@patrickleet
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A Simple Mistake That Costs Engineers Time and Money

by Patrick Lee Scott2mSeptember 8th, 2019
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This expensive trap is easily avoided by approaching problems from the right mindset. The belief that you have to keep working on something once you've already put time into it? That's known as the sunk cost fallacy, and if you know anything about that, you know that it leads to losing even more money. That's time and money that you could be spending on working around problems that you can't easily solve just by buying something off the shelf. If there's a generic sub component available to use, it already addresses edge-cases you're likely to encounter.

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Patrick Lee Scott

Patrick Lee Scott

@patrickleet

HackerNoon's first contributing tech writer of the year.

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Patrick Lee Scott@patrickleet
HackerNoon's first contributing tech writer of the year.

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