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How to Know (Without a Doubt) If It’s Time to Quit | with Annie Duke

Published 3 years, 1 month ago
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"Expected value is not just about money. It can be measured in health, well being, happiness, time, self-fulfillment, satisfaction in relationships or anything else that affects you."
- Annie Duke

Annie Duke is an author, speaker and a consultant in the decision-making space. And as a former professional poker player who has won $4 million in tournament poker, I’d say she has figured out a thing or two in regard to making decisions (especially under pressure). Her book, Thinking in Bets, is a national bestseller and today, we’re going to talk about her latest book, Quit: The Power of Knowing When to Walk Away.

In our conversation, Annie and I talk about her unique approach to the concept of quitting, drawing from her study of cognitive psychology and experience in playing tournament poker. We talk about why people tend to default in making bad decisions, and how learning to quit can actually be one of the best avenues you can take on the road to success. Annie walks us through the specific techniques she teaches for the art of decision making, and how you can apply these to your life (and choices) moving forward.

If you feel uncertain on whether or not you should quit (whether that be a job, a relationship, a goal, or even a system of habits) Annie’s simple and direct techniques will no doubt have you on the path towards making a clear decision. Her unique take on decision making backed by her study of cognitive psychology are the perfect combination for an eye opening conversation that I can’t wait for you to hear.

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Here's What You'll Learn:

  • Annie’s unique journey of going from a student of cognitive psychology to an award winning professional poker player to what she does today
  • How the concept of a 2-way door is important in helping us decide whether to pursue something or not
  • Why Annie doesn’t like the phrase “make your own luck” and what we should be doing instead (from a logical poker perspective)
  • Why quitting can be one of the greatest strategies available for reaching success
  • The real danger in staying where you shouldn’t…
  • The concept of “kill criteria” and how you can use it to know for certain whether or not it’s time to quit
  • What loss aversion means and how it’s stopping us from making progress
  • How we can use “expected value” to guide our decision making
  • Annie puts me in the hot seat to workshop my American Ninja Warrior goal
  • So…how do you REALLY know if you should grit it or quit it?


Useful Resources Mentioned:

Quit: The Power of Knowing When to Walk Away

Thinking in Bets: Making Smarter Decisions When You Don't Have All the Facts

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