Loss Framing
A post-failure reflection technique in which you quantify exactly what a failure cost you (money, hours, clients) in order to gain perspective and plan corrections.
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"One is called loss framing, which is take whatever you lost from the failure and actually quantify it... if you actually sit down with the spreadsheet and calculate, okay, what did I actually miss out on here? Oh, it was like 500 bucks and like 12..."
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