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"Quitting Is A Virtue": Why This Decision-Making Expert Says That Quitting Can Be A Growth StrategyQuitting is often perceived as failing, but Annie Duke says it can be the most useful tool you have.

ByJason Feifer

This story appears in theOctober 2022issue of雷竞技手机版.Subscribe »

Courtesy of Annie Duke

When successfulentrepreneurstell their stories, they often speak of perseverance:Things were hard, but they did not give up.这是一个令人鼓舞的消息,但它也可以misleading. "In order to succeed, you are going to have to stick to hard things," says Annie Duke, a former professional poker player who teaches decision strategies in the executive education program at the Wharton School of the University of Pennsylvania. "But also, in order to succeed, you're going to have to quit the things that aren't worth pursuing."

戒烟有一个坏名声,杜克clear its name. It's why she wrote her new book,Quit. "We should think of quitting as a virtue, a characteristic that we want to develop," she says. That's especially true for entrepreneurs, who may equate quitting with failure — and therefore may ignore the warning signs that their business is in trouble, in turn wasting their investors' money, their employees' efforts, and their own time in finding more promising ways forward. Here, Duke explains how and when it's best to quit…or at least, to leave the option on the table.

What do you think entrepreneurs misunderstand the most about quitting?

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