How to Get Good at Quitting and Achieve Greater Success | Annie Duke

The Art of Charm

In today’s episode, we cover quitting with Annie Duke. Annie is a national best-selling author, former professional poker player, corporate speaker, and consultant in the decision-making space, as well as Special Partner focused on Decision Science at First Round Capital Partners, a seed stage venture fund. Annie’s latest book is Quit: The Power of Knowing When to Walk Away.

Quitting has acquired a bad reputation in a culture of grit and hustle, but even the most successful people quit things they’re working on frequently, so what is stopping you from quitting a failing project or relationship, and what questions can you ask yourself and others to determine when the right time to quit is?

What to Listen For

• Introduction – 0:00
• Why is knowing to quit just as important as grit and determination?
• How do you know when to quit? – 14:58
• Why do many of us quit things too late and waste valuable time that we could be spending on the next success?
• What are some great examples of people making the right decision to quit?
• Opportunity Cost Neglect – 33:26
• What is the blindspot that keeps us from quitting at the right time?
• What happened to the game Glitch before Slack was created?
• How do you break the Sunk Cost Neglect cycle so you stop wasting your time?
• Other Biases and Blindspots – 44:30
• What is Escalation of Commitment?
• What is the Status Quo Bias?
• What is the Omission Comission Bias?
• The Questions to Determine When You Need to Quit – 1:01:20

After coaching over 10,000 clients including military special operators and Fortune 500 executives we’ve learned a thing or two about what it actually takes to grow your network. In fact, over 90% of the amazing guests on this show are from referrals in our personal networks.

We’ve packaged our best insights inside a course called, Social Capital. And, as a thank you for being a podcast listener, we want to give you this training for FREE to start 2023.

To get your hands on this training and immediately start improving your relationships, go to theartofcharm.com/sc

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Resources from this Episode

• Annie Duke | The Secret Ingredient to Making the RIGHT Decision When It Really Matters
• Quit: The Power of Knowing When to Walk Away by Annie Duke
• Annie Duke’s website
• Alliance for Decision Education
• After School All Stars
• Renew Democracy Initiative

Check in with AJ and Johnny!

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• Johnny on Instagram
• The Art of Charm on Instagram
• The Art of Charm on YouTube
• The Art of Charm on TikTok

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