 |
When we worry that waiting means we’ve failed, what exactly are we failing at? If you quit something that’s no longer worth pursuing, that’s not a failure. That’s a success.
|
245 |
 |
We need to redefine failure. We need to redefine Waste. But ultimately, what we need to do is rehabilitate the very idea of quitting.
|
246 |
 |
Contrary to popular belief, winners quit a lot. That’s how they win.
|
246 |
 |
…when you are a good quitter, often you’re the only one able to read it.
|
35 |
 |
When you are making a decision about whether to quit, you need to listen to those people from the past who are giving you important advice.
|
40 |
 |
If you feel like you’ve got a close call between quitting and persevering, it’s likely that quitting is the better choice.
|
42 |
 |
Quit while you’re ahead…when the game you are playing or the path you are on is a losing proposition.
|
56 |
 |
If you are in a situation that carries with it a negative expected value, by all means quit. But keep going when you have a positive expected value.
|
56 |
 |
…field experiments show that… when we’re getting bad news, when we are getting strong signals that we’re losing… we don’t merely refuse to quit.
|
81 |
 |
Escalation of commitment is costly. If the participants had walked away sooner, they would have made more. It may feel like quitting slows us down, but… it is persistence that is often the culprit.
|
83 |
