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  • It's a common sentiment that you should never quit.

  • We tell each other and ourselves to not be a quitter and that a quitter never wins and

  • a winner never quits.

  • But is this really the truth?

  • Stay tuned and find out.

  • What's going on guys!

  • J from MedSchoolInsiders.com.

  • With any ambition in life, there will be challenges and roadblocks in your way.

  • Most of the time the answer is to stick with it, endure, practice discipline and grind

  • it out until the very end.

  • That's where the stigma of quitting comes from.

  • But in some instances, the best option is actually to quit, to re-examine, to redirect

  • and start anew.

  • Being gritty, which means maintaining both high levels of passion and persistence is

  • only healthy when you are controlling the passion rather than letting it control you.

  • The point at which it significantly hinders other important aspects of your life is when

  • you really need to sit down and ask yourself whether or not you should stick with it.

  • It's easy to let the sunk cost fallacy lead you astray.

  • The sunk cost fallacy states that our decisions are tainted by emotional investments that

  • we accumulate.

  • Therefore, the more we invest in something, the harder it becomes to abandon it.

  • Just because you have invested a great deal of time, effort and resources into something

  • does not mean that it will necessarily work out.

  • Hanging on to unrealistic or harmful goals often perpetuated by emotions and the sunk

  • cost fallacy leads to misery and missed opportunities.

  • Many of us invest years in pursuing unsatisfying or unrealistic choices because we are afraid

  • to be truly honest with ourselves and when we realize it is too late, we have a midlife

  • crisis and go buy a fancy sports car.

  • Saying winners never quit is a blatant lie, plain and simple.

  • The first step in knowing whether or not to quit or to persist is to know yourself.

  • Are you the type of person that easily quit something or are you the type of person that

  • has a track record of sticking with something longer than you really should?

  • To be honest, most of us fall into the first basket which is that we easily quit something

  • in response to resistance.

  • In times like this, it's important to just give it a chance.

  • If you just started a new job or a new school, don't let that adjustment period and associated

  • stressors get you off-track.

  • Some of the best and most effective learning occurs when you struggle, deal with an obstacle

  • and learn how to overcome it.

  • There's a fine line between struggling and learning a great deal versus struggling and

  • giving up or feeling like you just want to quit.

  • The next time you are struggling and want to quit, ask yourself these following questions:

  • first, if I knew what I knew now, would I still pursue this project or goal or what

  • I do something entirely different?

  • If your answer is "hell no" or "what in the world was I thinking?" then your next question

  • should be "why am I still doing this?".

  • It's often due to sunk costs and over valuing what you have done due to an emotional connection

  • that you may not be acutely aware of.

  • The endowment effect describes that we ascribe more value to things merely because we own

  • them.

  • Now, the second question to ask yourself is "do I still believe in the vision?".

  • If the vision still gets you excited, if you still get giddy thinking of helping sick children

  • in the hospital, if you believe that what you're working towards will help you truly

  • make a difference, if you can't imagine doing anything else other than achieving this singular

  • goal, then do not give up.

  • This is your time of being tested.

  • As Seth Godin describes in his book, you're experiencing the dip.

  • Now the premise of Seth Godin book again titled The Dip is the following; things that are

  • scarce are more valuable.

  • To create something valuable is difficult; otherwise it would not be scarce.

  • Lots of people start a project, hit the dip and then quit.

  • But the dip is often your time of being tested.

  • We all know how millions flock to the gym in January as part of their new year's resolutions.

  • How many are still there in the fall?

  • Those who endured the dip are reaping the rewards of better health and a better physique.

  • At my undergrad, a few thousand students were pre-med in their freshman year.

  • At graduation, only a couple actually applied to medical school.

  • Those who endured the rigors and pass through the dip were the ones who moved on to the

  • next stage in their medical training.

  • Deciding that you will not quit does not mean to just "try harder" or "endure" or "suck

  • it up".

  • Deciding not to quit means that you were just pushed to the brink and you decided to come

  • back and work on this goal of yours.

  • Clearly, something is not working for you to have been pushed to that point in the first

  • place.

  • So sit down and figure out how can you be more resourceful, more efficient, more resilient

  • so that you don't get pushed to that extreme again.

  • Are you being inefficient at studying?

  • Are you unable to get proper sleep and does that negatively affect multiple aspects of

  • your life?

  • Is your energy low because you don't eat healthfully and you aren't prioritizing exercise?

  • Persistence alone does not guarantee success.

  • To differentiate between when something is a dip or a dead end, it often helps to look

  • back at your progress.

  • If you see that your grades are improving or that you are getting stronger in the gym

  • or that your body fat is decreasing, then that means you're headed in the right direction.

  • If you are not progressing how you should, then re-evaluate your situation.

  • That does not mean drop everything and go sulk in the corner.

  • Find ways to improve your current methods.

  • Several small tweaks can result in a drastic change in results.

  • We should be gritty but not stupid.

  • Don't give up too easily but at the same time don't just hold on because you've already

  • put in a lot of effort.

  • Be willing to adapt and you will be successful.

  • These are tough and scary decisions to make but remember that there is no shame in quitting.

  • There's actually a great deal of virtue in making a logical and honest choice.

  • It's not giving up, it's moving on.

  • All right guys, that is it for this video.

  • Thank you all so much for watching.

  • If you liked the video, make sure you press that like button.

  • New videos every week, so hit subscribe if you have not already and I will see you guys

  • in that next one.

It's a common sentiment that you should never quit.

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