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You can quit in the middle

You can quit in the middle

Released Friday, 26th July 2019
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You can quit in the middle

You can quit in the middle

You can quit in the middle

You can quit in the middle

Friday, 26th July 2019
Good episode? Give it some love!
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Episode Transcript

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0:03

Welcome to Before Breakfast, a production

0:05

of I Heart Radio. Good

0:08

Morning, This is Laura. Welcome

0:11

to the Before Breakfast podcast. Today's

0:13

tip is that it's okay to quit things.

0:17

Doing something indefinitely isn't

0:19

a virtue if you've determined

0:21

that it's not the best use of your time. I

0:24

want to start this episode by saying that I know

0:26

some people quit things left and right.

0:29

Degree programs, jobs, exercise,

0:32

regiments, relationships. Some people

0:34

have troubles sticking with anything.

0:37

This sort of flightiness can be challenging

0:39

for other people to deal with, and in the long

0:41

run probably isn't much fun for the flighty

0:43

people themselves. Overcoming

0:46

challenges can give you incredible self

0:48

confidence. Fleeing from challenges

0:51

does not. But if you're

0:53

listening to a podcast about productivity,

0:55

I'm guessing you're not the flighty sort

0:58

like me. You probably pride your self and setting

1:00

out to do whatever you said you'd do. We're

1:03

the sorts of people who repeat phrases like winners

1:06

never quit and quitters never

1:08

win. But sometimes

1:10

quitting is the best choice.

1:13

Time devoted to one thing is

1:16

time not devoted to something else. In

1:19

my own life, I've certainly seen this. I've

1:21

stuck with projects I didn't enjoy

1:23

and wasn't good at for all sorts

1:26

of reasons. The money was decent,

1:29

the people were nice. I didn't

1:31

like the idea of quitting. But

1:33

then when I'd finally get around

1:35

to moving on, a funny thing would

1:38

happen. Some amazing

1:40

new opportunity would appear in

1:42

the next week, And I don't

1:44

think this is a coincidence. Open

1:47

space invites opportunity

1:50

in a way that a cluttered calendar can't.

1:54

When I'm busy, I don't schedule

1:56

random calls or go to things. I

1:58

don't leave space for serendipity, but

2:01

serendipity bring some pretty cool

2:03

stuff when she shows up. In

2:06

any case, there are a few things you can think about

2:08

if you're pondering moving on first.

2:11

In general, I like to be in a place where I

2:13

can walk away from things, especially

2:16

in the professional sphere. I've

2:18

always prioritized savings because

2:21

money represents freedom

2:24

to me. It's incredibly important not to feel

2:27

trapped by any job or project.

2:30

I'm not saying you need to have total financial

2:32

independence, but you want to have enough

2:35

of a cushion that you're pretty sure your

2:37

family would be fine for the amount of

2:39

time it would take you to find something.

2:42

I know that if you're living on the edge, this is going to be

2:44

hard to pull off, but I also know that

2:46

that's not the case for many people listening

2:48

to this podcast. A financial

2:51

cushion changes any decision making

2:53

process. Second,

2:55

try to separate yourself from the sunk cost

2:58

fallacy and economics.

3:00

A sunk cost is a cost that has

3:02

already been incurred and cannot

3:05

be recovered. Because

3:07

it can't be recovered, you shouldn't

3:09

take it into account in your decision making

3:11

process. If you've been

3:13

paying a team to work on launching a new product

3:16

and it becomes clear that there is no market

3:18

for this product, you'll never get

3:20

the team members salaries back for the time they've

3:22

already spent on it. It's most

3:24

rational to put these people on another project

3:27

immediately, but it's

3:29

very tempting to throw good money after bad.

3:32

As the saying goes convincing

3:34

ourselves that because we've spent so much money

3:36

on something, we should stick with it.

3:39

We do the same thing with our time. The

3:42

fact that you've spent three years at a company

3:44

does not mean you should keep working there

3:47

if you're unhappy with the direction the company is

3:49

going or you're feeling unchallenged.

3:52

Sometimes situations can be improved, and

3:55

sometimes they can't. One

3:58

way to remove the sunk cost issue

4:00

write a job description for

4:02

what you do. If you saw

4:05

your job advertise like this, would

4:07

you apply? If so,

4:10

great, If not,

4:13

you've got some thinking to do. In

4:16

my case, I work for myself and I've done a wide

4:18

variety of projects over the years. Freelance

4:21

projects naturally change over faster than

4:23

full time jobs, but it can still be

4:25

hard to extricate yourself. Here's

4:28

what's become my go to question over the years.

4:31

Would I pay even a token amount

4:33

of money to get this off my plate? If

4:35

so, then why am I spending

4:38

my time on it? For

4:40

commitments that involve other people? I

4:43

think it's important not to leave people in the

4:45

lurch. This is the reason most

4:47

people consider it wise to give two weeks

4:49

notice. If my kids sign up

4:51

for a team sport, they can't quit in the middle

4:53

of the season. If they've joined the school

4:55

orchestra, they can't quit before

4:58

the concert. But I have let

5:00

my kids quit other activities with

5:02

a few safeguards. For

5:04

instance, when my oldest son wanted to quit

5:06

an individual sport, I required

5:08

a cooling off period. He

5:11

had to go to three more classes to make

5:13

sure it wasn't about one particular frustration

5:16

or that he was having a bad day.

5:18

I also don't allow quitting just to sit around

5:20

playing video games. He had to choose

5:23

something else active to do instead. But

5:26

he met both those conditions. A

5:28

month later, he still wanted to stop, and

5:30

he'd identified another activity he was willing

5:33

to do, so I decided this

5:35

was fine. These rules

5:37

might help you too. Don't quit

5:39

in a rage, don't quit in

5:41

a way that leaves someone else in a lurch. And

5:44

when possible, think about your

5:46

quitting in the context of some other

5:48

positive thing that you will then have

5:50

room for. But also

5:53

know that you can walk away if

5:55

you need to. We spend

5:57

less time thinking about the endings of things

6:00

then we do about the beginnings.

6:02

But most things do end.

6:06

If you've been leading a meeting every

6:08

Tuesday morning, no that some

6:11

Tuesday morning, however far it

6:13

is in the future, that meeting won't

6:15

happen, and at that point

6:17

or on some other Tuesday, you won't

6:20

be leading the meeting. Earth

6:22

will keep spinning on its axis.

6:25

You can quit. That doesn't mean

6:27

the thing wasn't worth doing it

6:29

means it's not worth it for you, not

6:31

right now. Sometimes

6:33

you walking away opens up space in your

6:36

life, and sometimes it opens up

6:38

an opportunity for someone else who

6:40

will be able to give this activity the

6:42

attention it deserves. That's

6:45

really a win win situation. So

6:48

what are you contemplating quitting? Picture

6:51

yourself six months in the future, if

6:54

you were still doing this thing, how

6:56

would you feel? Sometimes

6:59

the question can give you some real

7:02

insight. In the meantime,

7:05

This is Laura. Thanks for listening,

7:08

and here's to making the most of our time. Hey,

7:16

everybody, I'd love to hear from you.

7:18

You can send me your tips, your questions, or

7:20

anything else. Just connect with

7:22

me on Twitter, Facebook, and Instagram

7:25

at Before Breakfast Pod that's

7:28

b E the number four then

7:30

Breakfast p o D. You

7:33

can also shoot me an email at Before Breakfast

7:36

podcast at i heeart media dot com

7:38

that Before Breakfast is spelled out with all the

7:40

letters. Thanks so much, I look

7:42

forward to staying in touch. Before

7:49

Breakfast is a production of I Heart Radio.

7:52

For more podcasts from my heart Radio, visit

7:55

the i heart Radio app, Apple Podcasts,

7:58

or wherever you listen to your favorite shows. All

8:01

go,

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