Quit Already: 7 Ways To Know When It's Time To Cut Your Losses
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.
SIMILAR ARTICLES & IDEAS:
"When you quit with intention, you free up more time, money and energy for the things that really matter to your l..."
Successful people quit (or proactively adjust) a lot more often than people who aren’t successful. They stay flexible and open to new ideas or opportunities or ways of getting things done.
But never quit something with great long-term potential just because you can’t deal with the stress at the moment
“Instead of continually trying to force yourself to do things you don’t want to do, let them go. Without the emotional weight and mental clutter of keeping things on your agenda that don’t absolutely need to be there, you’re much freer to rapidly move forward on what you really do want and need to get done.”
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.