My business partner and I have completely different risk tolerances when it comes to reinvesting profits back into the company versus taking money out, and I think we're both anchored to what happened in our previous businesses instead of looking at what's actually best for this one.
More people experience this than they realize.
Your different experiences are creating anchoring biases that prevent you from evaluating current opportunities objectively.
“Where Are You with Behavioral economics — biases in financial decisions?”
If this sounds familiar, the Library can help you find the bigger picture.