Telling someone to never give up is terrible advice

Successful people give up all the time. If something is not working, smart people don’t repeat it endlessly. They revise. They adjust. They quit.

Just like the saying goes, “Insanity is doing the same thing over and over again and expecting different results.”

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The 3 Stages of Failure in Life and Work

jamesclear.com

MORE IDEAS FROM THE ARTICLE

Many people prefer to go-with-the-flow and take life as it comes. In theory, that's just fine.

But in practice, there is a problem: If you never decide on a vision for your life, you'll often find yourself living someone else's dream.

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  1. Failure of Tactics - the HOW mistakes: failure to execute on a good plan and a clear vision.
  2. Failure of Strategy - the WHAT mistakes: when you follow a strategy that fails to deliver the results you want.
  3. Failure of Vision - the WHY mistakes: failing to understand why you do the things you do.

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  1. Record your process.
  2. Measure your outcomes.
  3. Review and adjust your tactics.

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These are WHO mistakes. They occur when society fails to provide equal opportunity for all people.

Failures of Opportunity are the result of many complex factors: age, race, gender, income, education, and more.

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  1. Launch it quickly.
  2. Do it cheaply.
  3. Revise it rapidly.

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RELATED IDEAS

Time Is The Most Precious Resource

Time is the most precious resource. Death gives a sense of urgency, as any moment could be your last. It humbles you and should also deeply motivate you to not spend your time thoughtlessly.

Every moment is an opportunity to improve, and to appreciate your capabilities and responsibility to do so.

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The Stoic: 9 Principles to Help You Keep Calm in Chaos

99u.adobe.com

  • Understand the different outcomes that could happen (both positive and negative)
  • Calculate the expected return or loss of each outcome
  • Attach a probability to each outcome
  • Understanding the magnitude of the return or loss
  • Multiply the probability by the magnitude (probability of winning * value of win) — (probability of losing * cost of the loss)
  • Add up and subtract all of the expected returns and losses
  • To get started you don’t need to know the exact probabilities. Just following the process will give you unique insights you wouldn’t have had otherwise.

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7 Things That Self-Made Billionaires Do Differently

medium.com

Talent Spotting

Digital leaders don’t have to do everything themselves, but they must be able to spot the areas of their organization that need improving. Moreover, they need to be able to hire and develop the best talent to not only fill roles but also drive the business forward to greater success.

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The Most In-Demand Skills in Digital Leadership

digitalmarketinginstitute.com