Business leaders, with millions of dollars down the drain, struggle to abandon a new app or product that just isn’t working.
Governments, caught in a hopeless conflict, believe that the next tactic will finally be the one that wins the war.
And in our own lives, we persist in relationships or careers that no longer serve us.
We are often told that the secret to success is hard work, determination, and hours of practice. But in a fast-changing world, what if the really crucial skill is knowing when to stick at something and when to change track and walk away?
Whether you're facing a make-or-break business decision, a life-altering personal choice or simply wanting to take more control of your life, today's book provides a toolkit for change to help you make the best next move.
As Kenny Rogers sang in The Gambler, “You gotta know when to hold ’em, know when to fold ’em, know when to walk away, and know when to run.” Notice that three of those four things are about quitting. When it comes to the importance of cutting your losses at poker, Kenny Rogers got it and so does today's guest.
We welcome the author of Quit: The Power of Knowing When to Walk Away @AnnieDuke
We have a copy up for grabs by signing up for our newsletter: www.theinnovationshow.io
Find Annie here: [ Ссылка ]
00:00:00 Intro
00:00:36 The Annie Duke Reinvention Story
00:10:57 Holding on too Long - Mohammed Ali
00:23:43 Grit or Quit? The Gaffed Scale
00:28:33 What happens when you are close and have to turn back?
00:32:07 We don’t hear the stories of those who turn around
00:40:06 Fighting for a dying cause
00:49:12 Why we don’t switch lines when we have a slow cashier: Waste is a forward looking problem
00:53:45 Stewart Butterfield, Tiny Speck, Glitch and SLACK
01:06:25 The Pandemic, The Great Resignation and The Great Reopening and Mass Quitting
01:12:12 Biases that stop us from quitting, Howard Staw and Barry Staw
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