“You would likely be relatively happy winning the lottery, irrespective of the ultimate denomination. Winning is winning. However, in the first instance, many people would experience a sense of loss, as the winnings were reduced by $16M. In contrast, in the second instance, the ultimate size of the winnings was increased by 50%. Even though the net gain is still significantly larger in the first instance (i.e., $4M vs. $3M), the manner in which the events unfolded contributes to a sense of either fulfillment or failure.
In High School, we learned that Slope is defined as, “the ratio of the altitude change to the horizontal distance between any two points on a line”. Entrepreneurs on The Fringe know that in business, the expectations Slope is dictated by the manner in which you manage your Stakeholders’ expectations.” source...
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