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Quit

The Power of Knowing When to Walk Away

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Quit

Von: Annie Duke
Gesprochen von: Annie Duke
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Über diesen Titel

 From the bestselling author of Thinking in Bets comes a toolkit for mastering the skill of quitting to achieve greater success

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. Why? According to Annie Duke, in the face of tough decisions, we’re terrible quitters. And that is significantly holding us back.

In Quit, Duke teaches you how to get good at quitting. Drawing on stories from elite athletes like Mount Everest climbers, founders of leading companies like Stewart Butterfield, the CEO of Slack, and top entertainers like Dave Chappelle, Duke explains why quitting is integral to success, as well as strategies for determining when to hold em, and when to fold em, that will save you time, energy, and money. You’ll learn:
  • How the paradox of quitting influences decision making: If you quit on time, you will feel you quit early
  • What forces work against good quitting behavior, such as escalation commitment, desire for certainty, and status quo bias
  • How to think in expected value in order to make better decisions, as well as other best practices, such as increasing flexibility in goal-setting, establishing “quitting contracts,” anticipating optionality, and conducting premortems and backcasts

  • Whether you’re facing a make-or-break business decision or life-altering personal choice, mastering the skill of quitting will help you make the best next move.
 Erfolg im Beruf Management & Leadership Seelische & Geistige Gesundheit
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If you have no background in business/finance/economics or you are not familiar with the concepts of expected value, loss aversion, and prospect theory this is a great book.
It’s an extension of her previous book and nowhere near as good as thinking in bets.

I should have quit this book

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I really recommend listening to this book - it might change how you view your life!

Life changing!

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Very repetitive, and almost all of the examples are based on either finance or high-level sports, so it’s not very relatable for most of us. That said, the book still offered a nice perspective on quilting and its importance.

Intresting point of view

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I listened to one podcast episode of Annie Duke and found her ideas quite enticing. But listening to this entire book was absolutely unnecessary - the idea is basically the same, backed up by countless examples from the tech and sports world, in any case a world difficult to relate to (unless you're a star or a millionaire).

I also find the confidence with which the author generalises her idea highly problematic: there are many, extremely complex situations (like a marriage or the pursuit of a research idea) in which applying her formula would be too simplistic and detrimental.

A very formulaic book.

Soulless

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