The Dip
Winners quit all the time and at the right time. Quit the wrong stuff, stick with the right stuff
- Winners quit all the time and at the right time
- Quit the wrong stuff, stick with the right stuff
- The best is rewarded, rewards are skewed (Ziffs law)
- Be the best in the “world” (market)
- People settle less than they’re capable of, compromise, and fail
- Strategic quitting
- People who power through the dip become the best
- The choice to give it a shot and quit is the worst decision
- The dip is the reason we’re here
- Embrace the dip, treat it as an opportunity (keeps others away)
- If you can’t go through the dip, don’t start it
- Pyramid scheme is everywhere
- Quitting in the drip is not worth the journey
- Production dip (Machines, mass production)
- Sales dip (expanding sales team)
- Education dip (reinvent)
- Risk dip
- Relationship dip (investing time now)
- Ego dip (giving up control, spotlight)
- Distribution dip
- To be a super star you need to be exceptional, excel the dip
- Average is another form of quitting (not good)
- Opposite of quitting is rededication, not waiting around
- Taking short term pain quitting now is a lot better than later with a lot more pain
- If you’re not gonna get to nr 1 then why not quit now
- Decide in advance when to quit not during a panic
- Figure out how much pressure you have and then pick the tire (Market)
- Set up conditions when you’re gonna quit