When to Quit | Scott H Young - Deepstash
Lessons From Self Made Billionaires

Learn more about personaldevelopment with this collection

The value of hard work and persistence

How to stay focused on long-term goals

How to learn from failures and setbacks

Lessons From Self Made Billionaires

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Reality Check

All efforts towards correctly pursuing your own personal development must take into account reality, not how you think the world should work. The truth is reality isn’t fair and just trying your best towards your dream doesn’t always cut it.

224

612 reads

Success Bias

Almost no popular self-help authors are going to have had the experience of pursuing a dream (like becoming an author) and not having it eventually work out. 

Understanding reality means that you have to accept that some of your dreams won’t come true just because you work hard enough, be creative enough or go to enough seminars. Don’t base your decisions on a false model of reality.

204

433 reads

Outcome Based Thinking

When pursuing a dream you have the underlying assumption that when you reach it you will be happy. That is false. 

Achieving goals doesn’t make you happy because achievements on their own hold no lasting emotional value. Only growth, fulfilment and passion has value.

253

468 reads

Experiential Based Thinking

Instead of judging whether or not you should quit pursuing your dream based on your chances of success you ask a different question. Would I like to experience building a business from the ground up?

In this perspective goals merely guide your travels through interesting waters. By taking up this mindset the question of whether you will fulfill your dream becomes irrelevant.

202

378 reads

When to Quit

Quit when you have an alternative path that will give you more growth, passion and fulfillment. 

If a new experience will be better, then switch to that. There is no shame in leaving a path that has become barren.

296

617 reads

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