How to Know When It's Time to Quit
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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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While it’s normal to have qualms about the work day, if you truly, deeply dread those eight hours at the office, it is time to move on.
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Sticking through things longer builds resilience. But sticking through on a bad idea, project or effort can lose you years of your life.
The goal is to increase your ability to susta...
They are pre-specified periods of time, effort or stress that you decide you’re willing to endure before you step back and re-evaluate.
What’s hard for human beings is letting go...
Motivate yourself. Quitting isn’t an end in and of itself; it’s a pathway to a new destination.
Make a plan that not only sets your new goal but anticipates possible setbacks and pitfalls along the way.
Prepare for the stress of transition. The best defence is knowing ahead of time how you’re likely to react.
It means overanalyzing something that happened, regretting an action, or worrying about the future of something.
It's when you can't think about anything else, and it'...
If you're overthinking an idea you can actually do something about, the best thing you can do is take action now.
This doesn't mean you have to suddenly run off to make something, it just means you start taking a step forward. We tend to overthink because we fear failure, but if we just start working, that dissipates quickly
Look at the bottom end of the average salaries of the career you are interested in and ask yourself whether you'd be able to survive on that if you got one of those jobs.
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Thinking about your potential regrets give you clarity. It al...
Often the most difficult step, because it's easy to focus on the wrong part of the problem, or look at the problem too broadly.
The first thing you need to do is reduce it to its simplest and purest form so you know exactly what you're dealing with. While you're doing this, you need to ask yourself questions to make sure you're focusing on the right things.
You need a plan with actionable steps. Ask yourself what's barring you from moving forward and make step one. Step one will open doors to other steps.
Consider which steps will open more doors, add them to the plan, and keep doing that until you get to your solution. Things will change as you act on the plan and you'll need to adapt, so it's best to keep your plan somewhat open-ended and try to include steps that involve preparing for trouble you can foresee.
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You can only learn from a mistake after you admit you've made it.
Don't start blaming other people (or the universe) for the things that go wrong, because you distance yourself from an...
We see mistakes and failure as shameful things. And we usually identify with them:
If I fail a test, then I am a failure. If I make a mistake then I am a mistake.
It requires three things:
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