The Dip: The extraordinary benefits of knowing when to quit (and when to stick)

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The important thing to remember about these seven things is that you can plan for them. You can know BEFORE you start whether or not you will have the resources to get to the end. Most of the time, if you fail to become the best in the world, it’s either because you planned wrong or because you gave up before you reached your goal. If you realise that you DON’T have the resources (the time, the money, the courage, the enthusiasm). Extraordinary benefits accrue to the tiny minority of people who are able to push just a tiny bit longer than most. It’s human nature to quit when it hurts. but it’s that reflex that creates scarcity. SO – quitting when you hit the Dip is a bad idea. If the journey you started was worth doing, then quitting when you hit the Dip just wastes time you’ve already invested. Quit the Dip often enough and you’ll find yourself becoming a serial quitter – starting many things but accomplishing little. SEVEN REASONS You Might Fail To Become Best In The World The tiny percentage of people who can push just a little bit harder than the majority get extraordinary rewards. The small minority of people who have the courage to quit and refocus their energies on something new also get extraordinary rewards.

The Dip: A Little Book That Teaches You When to Quit - Goodreads

It’s easy to BE a CEO… what’s hard is GETTING there. There’s a huge dip along the way. If it were easy, there’d be too many people vying for the job, and the CEOs wouldn’t get paid anywhere near as much. Scarcity is the secret to value. If there wasn’t a Dip, there’d be no scarcity. If It’s Worth Doing, There’s Probably A Dip. The Dip creates scarcity, and scarcity creates value. What To Do About Them

BOOK SUMMARY

I think the advice-giver meant to say, "Never quit something with great long-term potential just because you can't deal with the stress of the moment." Now that's good advice. The thing is, a profession in selling isn't like smoking cigarettes. Neither is making it as a singer or building a long-term relationship with someone you care about. Most of hte time, the other two curves are in force. The Dip and the Cul-de-Sac aren't linear. They don't spoon feed you with little bits of improvement every day. And they're just waiting to trip you up. Extraordinary benefits accrue to the tiny minority of people who are able to push just a tiny bit longer than most. Extraordinary benefits also accrue to the tiny majority with the guts to quit early and refocus their efforts on something new. However, Godin also explains that these ‘extraordinary benefits’ are also rewarded to those who have the courage to quit something early on when they realise it’s not working, they can then re-adjust and focus their energy elsewhere.

The Dip: A Little Book That Teaches You When to Quit (and

The Dip is the long slog between starting and mastery. A long slog that's actually a shortcut, because it gets you where you want to go faster than any other path. (pgs. 16-17) the wrongest thing might very well be this: Being well rounded is the secret to success. How often do you look for someone who is actually quite good at the things you don't need her to do? How often do you hope that your accountant is a safe driver and a decent golfer? Our servers are getting hit pretty hard right now. To continue shopping, enter the characters as they are shownCul de sacs & Cliffs lead to failure. If you’re facing either one of these curves, you need to quit. Not SOON… but RIGHT NOW. “The biggest obstacle to success in life is our inability to quit what isn’t working soon enough”. It might sound obvious… quit what isn’t working…. but the hard truth is that while we THINK we know this, we DON’T actually know it… or, at least, we don’t actually DO it. The best outcomes occur when you have decided in advance to quit. don’t make the decision when in a state of panic or under pressure. The universe is expanding. Because you can now look for something ANYWHERE when you need it (or someone). The amount of diversity is mind-boggling. The world is determined by what a person is interested in, and that person can locate their preferences wherever on the planet. The Dip is the long slow slog between starting and mastery. A long slog that’s actually a shortcut, because it gets you where you want to go faster than any other path.” This is a brief book about a crucial subject: quitting. We read GRIT, in which the author claims that perseverance, not quitting, is what leads to success. However, The Dip emphasizes the significance of strategically quitting. Quitting is often a good tactic, believe it or not. It can be an effective approach to organize your life and career. However, there are occasions when quitting is the WRONG thing to do… and it turns out that there’s an easy way to discern the difference.