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Misc

When to Stick with Something--and When to Quit - HBR




https://hbr.org/2018/09/when-to-stick-with-something-and-when-to-quit?utm_medium=email&utm_source=newsletter_weekly&utm_campaign=weeklyhotlist_not_activesubs&referral=00202&deliveryName=DM15417


"Perseverance has received lots of support in recent years from a variety of schools of research. one is from psychologists studying grit. They have found the capacity to stick to a task — particular when faced with difficulties – is a crucial factor in explaining the success of everyone from kids in the national spelling bee to recruits at West Point to Ivy league undergraduates."


"An unwillingness to quit can be more than just unrewarding. In some situations, it can become downright dangerous. This happens when people’s persistence leads then to continue with, or even double-down on, losing courses of action. one study found that people who were particularly gritty were less likely to give up when they were failing. These same people were more likely to be willing to suffer monetary losses just so they could continue doing a task. Another study of would-be inventors found that over half would continue with their invention even after receiving reliable advice that it was fatally flawed, sinking more money into the project in the process. The lesson: people who tend to be tenacious are also those who get trapped into losing courses of action."


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   Which would you prefer to stay ? Stick to or quit. The question would be how I accurately anticipate a possible outcome out of a current analysis, not of own preference to choose from.