Listen to the latest 60 second episode of Integrity Moments with Rick Boxx
CNN hired 700 people and invested $100 million to launch their CNN+ subscription service. Three weeks later their new leadership terminated CNN+.
It didn’t take a lot of math to realize this venture was likely doomed to fail. CNN’s new leadership made a wise, but difficult decision to take their losses and terminate CNN+.
Many failed ventures linger too long due to a false hope of recovering their original investment.
In Luke 14, Jesus said, “Suppose a king is about to go to war against another king. Won’t he first sit down and consider whether he is able with ten thousand men to oppose the one coming against him with twenty thousand?”
If you’ve made a bad investment, recognizing your losses sooner rather than later is the best road forward.
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