When to Quit | Scott H Young
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.
This is a professional note extracted from an online article.
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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.
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.
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.
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.
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The sunk cost fallacy is one of the primary reasons you are so afraid to quit anything. It occurs when you tell yourself that you can’t quit because of all the time or money you have ...
Sunk cost is about the past. Opportunity cost is about the future.
If you are scared to quit (which is absolutely natural), always think of the opportunity cost. Think of the brighter future, not the scary past, and often times that is enough to give you that extra push to make the right decision.
When you finally succeed, but you don’t have the health or someone to share the success with, the project might prove not be be worth it.
Take 5 minutes at the end of the week and reflect on what you have achieved versus what you had to give up to achieve it so you don’t end up giving up too much without even realizing it. Make this a habit.
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... for choosing personal goals. Ask yourself these questions:
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