Quit

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From the bestselling author of "Thinking in Bets," this toolkit emphasizes the importance of mastering the skill of quitting for greater success. Business leaders often cling to failing products, while governments persist in futile conflicts, and individuals remain in unfulfilling relationships or careers. Annie Duke argues that our difficulty in quitting significantly hinders progress. In "Quit," she provides insights on becoming proficient at quitting, drawing on examples from elite athletes, successful entrepreneurs like Slack's Stewart Butterfield, and entertainers such as Dave Chappelle. Duke illustrates why quitting is crucial for success and offers strategies to help determine when to persist or let go, ultimately saving time, energy, and resources. Key concepts include the paradox of quitting—where quitting early can feel like a failure—and the psychological barriers to effective quitting, such as escalation commitment, the need for certainty, and status quo bias. Readers will learn to apply expected value thinking for better decision-making and adopt best practices like flexible goal-setting, "quitting contracts," anticipating optionality, and conducting premortems and backcasts. Mastering the art of quitting equips you to make informed decisions in both business and personal contexts.