The BluePrint with Dr. Erik Korem CLASSIC - Why Winner Quit | Grit vs Quit | How Slack, a $25B Company was Founded by Quitting with Annie Duke
How do you know when it's time to walk away? Quitting gets a bad rap, but it's an essential life skill. Poker champion turned author and decision strategist Annie Duke joins us to break down the science of knowing when to stick it out and when to cut your losses.
Annie explains why grit and perseverance alone aren't enough for success. We discuss the sunk cost fallacy, why quitting actually speeds you up, and how to read the signals that it's time to quit. Annie shares the story of how Steward Butterfield made the bold decision to shut down his startup Glitch, only to pivot days later to the company we now know as Slack.
This conversation will change the way you think about quitting and provide a framework to approach life's toughest decisions. Don't miss Annie's insights on:
- Why the hardest time to quit is when you're in the thick of it.
- How to stop taking past efforts into account when deciding whether to continue.
- Why sticking to something unworthy slows you down.
- The link between quitting and discovering new opportunities.
- Getting over the mental hurdle of going from "failing to having failed."
Buy Quit: The Power of Knowing When to Walk Away
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Quotable moments:
"Grit gets you to stick to hard things that are worthwhile. The really bad thing about grit is that it gets you to stick to hard things that are no longer worthwhile." - Annie Duke
"Waste is not really a backward-looking problem. It’s a forward-looking problem." - Annie Duke
ABOUT THE BLUEPRINT PODCAST:
The BluePrint Podcast is for busy professionals and Household CEOs who care deeply about their families, career, and health. Host Dr. Erik Korem distills cutting edge-science, leadership, and life skills into simple tactics optimized for your busy lifestyle and goals. Dr. Korem interviews scientists, coaches, elite athletes, entrepreneurs, entertainers, and exceptional people to discuss science and practical skills you can implement to become the most healthy, resilient, and impactful version of yourself.
On a mission to equip people to pursue audacious goals, thrive in uncertainty, and live a healthy and fulfilled life, Dr. Erik Korem is a High-Performance pioneer. He introduced sports science and athlete-tracking technologies to collegiate and professional (NFL) football over a decade ago. He has worked with the National Football League, Power-5 NCAA programs, gold-medal Olympians, Nike, and the United States Department of Defense.
Erik is an expert in sleep and stress resilience. He is the Founder and CEO of AIM7, a health and fitness app that unlocks the power of wearables by providing you with daily personalized recommendations to enhance your mind, body, and recovery.
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