How to Know When to Quit

QUOTE OF THE DAY

HOW TO KNOW WHEN TO QUIT

391 Words | 1 Min 21 Sec Read

Einstein says that the definition of insanity is doing the same thing over and over and expecting different results.

However, the entrepreneurial world says that if you stick with something long enough, you’re bound to master it and achieve success.

What you need to realise is that there is a fine line between success and insanity, and it begs the question: when is the right time to quit?

Quitting is seen as a negative trait by the majority of people. It’s in line with the idea of giving up; you don’t want to do something anymore, so you throw in the towel.

But why is it seen as such a negative thing? Why is quitting at the right time not seen as a strategic play in order to avoid any further losses?

Quitting is a situational thing. If you were watching a triathlon athlete compete in a race and you saw that he put his hand up and asked to be pulled out, you would call him a quitter.

However, if you knew that he had actually broken his ankle and that for every step he took, he was doing irreversible damage to his bone structure, you would say that it was a smart decision to ask to be pulled out of the race.

Quitting isn’t something that can be judged at face value until you understand the reason behind it, but when is the right time to quit?

First, you need to understand that you only quit if you stop. The majority of the time, your best bet is to pivot, which is about finding a new path that takes you to the same end destination.

Your decision to pivot should be based on the question: Is the effort that I’m putting in and the things that I’m sacrificing justified by the end outcome?

If that answer becomes ‘no’ at any point, then your best bet is to pivot and find a new path, because if that’s the case, then you are forever fighting an uphill battle with a reward that isn’t worth the struggle.

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The decision to pivot will never be obvious; it will take a lot of self-reflection and self-doubt, but if you’re ever stuck at a crossroads, ask yourself, ‘Is the struggle that I’m pushing through worth the outcome that I’m aiming to get?’

LESSON OF THE DAY ⤵️

You need to increase your standards.

You have a standard for every area of your life, a standard amount of money that you have in your bank account, a standard number of times that you go to the gym a week, and if you want more, you need to raise your standard.

If you want to put on more muscle, you need to make sure that you go to the gym more times a week and don’t drop below that standard.

If you want to avoid settling for less, you need to make sure that your standard of what you settle for is set and reinforced.

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