In a world that champions hard work and perseverance as the keys to success, quitting is hard. Sometimes it feels downright shameful, especially when you’ve invested time, energy, or money into a decision. However, to become a smarter decision-maker, you need to master the art of quitting, argues Annie Duke.
EXCERPT: Duke offers three techniques. “Set intervals to rerun the cost-benefit analysis of your goal.” I am a sailor. The first rule is simple, when the wind shifts, turn the boat. “Add kill criteria to your goal.” Unless certain things happen by a certain time, then you need to stop.
Quitting isn’t always a sign of defeat. Highly successful people often know exactly when to give up, according to bestselling author and former professional poker player Annie Duke. “Grit is great. Sometimes, you see something that other people don’t see,” Duke, a decision-making consultant, recently told the Harvard Business Review’s “On Strategy”
I have a friend who’s founder of a biotech start-up that’s run out of road and he knows it’s time to wind it up He’s ready to quit, the German investors are ready to quit, but the Korean investors are dragging their feet. Why? This morning, when we went to
Breaking news from the Next Big Idea Club: Curators Malcolm Gladwell, Susan Cain, Adam Grant, and Daniel Pink have reviewed their list of seven season finalists and hand-picked their favorite nonfiction books of the season. Without further ado, the two can’t-miss reads of Season 19 are… Breaking news from the Next Big
Who would have thought that knowing when to quit something is as important as knowing when to start? Professional poker player Annie Duke seems to know. Her recent book, Quit – the Power of Knowing When to Walk Away, is a real gem as she applies her poker-playing knowledge to
Many of October’s new books tell stories about women — sisters, mothers, daughters — displaying grace or grit while facing challenges. Science fiction and short stories will expand horizons, while nonfiction, including a memoir, will inspire. ‘Quit: The Power of Knowing When to Walk Away,’ by Annie Duke (Portfolio, Oct.
In fact, one of the biggest differences between most players and the world’s best players ishow often they quit. My favorite stat in Ms. Duke’s book is what happens in Texas Hold ’empoker after professionals and amateurs peek at the starting cards they’re dealt. The pros playfewer than 25% of
And grit is not always a virtue. By Annie Duke EXCERPT:If professional sports teams, with their armies of analysts and constant pressure to win, keep dragging out their own misjudgments, what’s happening in our everyday lives? Which relationships are we staying in too long? Why are runners finishing a race with
“If you read the business pages, it’s been almost impossible to ignore the many articles on the topic of “quiet quitting” in recent months. This buzzy term refers to employees—at least half the U.S. workforce, according to polling—resolving to meet only the bare minimum requirements of their job descriptions. When