Need To Act Fast
To act, we must be confident we can make an impact and feel what we do is important
Effort justification
Description
The tendency to attribute a greater value (greater than the objective value) to an outcome they had to put effort into acquiring or achieving.
Effort justification in business decision
After spending months on a challenging project, team members might overvalue its final output or impact, even if objectively it's only moderately successful, because of the significant effort invested.
Effort justification in personal life decision
You convince yourself that it was worth waiting in line for hours for concert tickets because the experience felt more rewarding.