The Anchor Alliance Article Archive

Cognitive Biases in Business: Every Phase Has a Blind Spot

Cognitive Biases in Business: Every Phase Has a Blind Spot

Cognitive biases in business show up as virtues in the wrong phase. See the seven blind spots, why they move, and four questions that catch them.

cognitive biases in businesscognitive biases in business decisionsbusiness owner blind spotsbias blind spot7Seas framework7Seas assessmentbusiness phases
Survivorship Bias: Your Success Story Is a Sample of One

Survivorship Bias: Your Success Story Is a Sample of One

Survivorship bias in business turns one owner's success story into everyone's playbook. Here's what the story on stage always leaves out.

survivorship bias in businesssurvivorship biasbusiness advicementoring business ownersSailing SeaCaptain's Responsibility7Seas framework
The Anchoring Effect: The Number That Sinks Your Sale

The Anchoring Effect: The Number That Sinks Your Sale

Anchoring bias in business valuation starts with a multiple heard at a conference. Then the first private equity offer feels close enough.

anchoring bias business valuationanchoring effectselling a public adjusting firmprivate equity offerbusiness valuation mistakesSelling Sea7Seas framework
Sunk Cost Fallacy: What You Paid For Isn’t a Reason to Stay

Sunk Cost Fallacy: What You Paid For Isn’t a Reason to Stay

The sunk cost fallacy in business keeps owners pouring time into the file that won't close and cash into the office that won't pay.

sunk cost fallacy in businesssunk cost fallacyescalation of commitmentcognitive bias business ownersbusiness crisis decisionsSinking Sea7Seas framework
The Gambler's Fallacy in Business: Why Old Tactics Aren't Due

The Gambler's Fallacy in Business: Why Old Tactics Aren't Due

The gambler's fallacy in business keeps owners funding the tactic that used to work, sure it's due. A dry streak usually means the odds changed.

gambler's fallacy in businessgambler's fallacycognitive bias business ownersmarketing stopped workingbusiness plateauStalling Sea7Seas framework
The Halo Effect: Why Growth Makes Bad Decisions Look Smart

The Halo Effect: Why Growth Makes Bad Decisions Look Smart

The halo effect in business makes growth look like proof that every decision was right. Here's what it hides in a firm's busiest years.

halo effect in businesshalo effectcognitive bias business ownersbusiness growth problemssystems before growthSoaring Sea7Seas framework
The Spotlight Effect Is Keeping Your Firm Invisible

The Spotlight Effect Is Keeping Your Firm Invisible

The spotlight effect in business keeps new owners from publishing and pricing with confidence. Research shows far fewer people are watching.

spotlight effect in businessspotlight effectcognitive bias business ownersfear of being judged businesspricing confidenceStarting Sea7Seas framework
Your Calendar Is the Only Honest Document in the Building

Your Calendar Is the Only Honest Document in the Building

An owner calendar audit shows what your business actually values, including what's missing. Read two weeks against the eight elements of your firm.

owner calendar auditcalendar audit for business ownersowner time auditstatus meetingsClockwork 4D Mix7Seas frameworkowner dependencypublic adjusting firm owner

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