Lessons With A King

If you look at them from a weird angle, they might look like stars but fireflies are not stars. Not at all. When we try to convince ourselves that one thing is something else, or we try to sugar coat things, we are just setting ourselves up to fail. It’s best to just face it straight up and own it. When you call it what it is, you can quickly do what you need to do to correct things.

PROMPT: When was the last time you sugarcoated an experience? What was the experience? Why did you sugarcoat it?

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I said to quit early but I did say you should know the things you can quit on. Here’s the thing though, there are things we just can’t quit on. Sure it might be difficult but what I tell myself is, let’s do what we can today and we can quit tomorrow. When tomorrow comes… rinse and repeat. Keep pushing it to the next tomorrow till it’s done. It works.

PROMPT: What did you want to quit on today but decided to keep going? Why?

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The world, gurus, coaches have made it seem like a bad thing to quit. There might be times quitting isn’t the right option but that isn’t always. There are times we have to quit. The project might just not be the right fit. There’s no need to push hard and stick it out to see how things go. It’s ok to stop, quit and move on. The longer you hold on, the more sunk cost fallacy will set it. It’s ok to quit early. Take the lesson and move on.

PROMPT: What did you quit on today? Why?

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Sunk Cost Fallacy is real. Individuals commit the sunk cost fallacy when they continue a behavior or endeavor as a result of previously invested resources (time, money, or effort) (Arkes & Blumer, 1985). Just because we’ve put in something doesn’t mean we should keep putting in more till we get the result we want even though it’s evident we won’t get that result. We need to learn to cut our losses, take the lesson learned and move on.

PROMPT: How do you decide when to cut your losses?

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