Advertising
Advertising

Last Updated on February 25, 2018

Successful People Know When and What — to Give up and Move Forward

Successful People Know When and What — to Give up and Move Forward

“Never give up,” is a common piece of advice that we’re given when we’re facing difficulties. People think giving up is not an option, as we often hear about successful people who plow through obstacles to achieve greatness.

The truth is, successful people give up a lot. They turn knowing when to quit into an art form. Yes, there will be times on your journey when you’ll need to soldier on in spite of difficult odds, but sometimes you have to close one door in order to open another.

    Photo credit: Source

    Steve Jobs gave up a lot of production lines and made 3000 people lose their jobs

    In 1997, Apple was facing strong competition from Microsoft. As Apple’s CEO, Steve Jobs was responsible for spearheading many of the changes that led to the company’s success. Many of the modifications that Jobs made involved axing old initiatives to trim the fat.

    Macintosh was producing hardware, desktops, and servers when Jobs intervened. All of these product lines were cut in order to allow the company to focus on four main products.[1]

    Advertising

    Looking back, we recognize that Jobs made the right decision. Hindsight is funny that way–we see the value in him making such deep cuts to Macintosh’s initiatives because we know how successful the company became.

    I’m willing to bet that at the time people were fairly disgruntled by these changes. Over 3,000 people lost their jobs and 70% of Apple’s products were discontinued. This might have looked like grounds for disaster because he was giving up so much.

    When we cut things from our lives or businesses, it feels like we’re losing. There’s this shame around giving up on something you’ve worked for. But giving up doesn’t mean that you lack perseverance. Nobody wants to be considered a quitter, just sometimes you have to make cuts in order to realize a broader vision.

    3 things successful people give up

    Sometimes persistence will yield better results than quitting, but you’ll have to weigh your options. There are a few things that you can give up right away to pave the way for a more successful future.

    Things that worked in the past but are no longer viable

    We live in a fast-paced world, and what worked yesterday may not work tomorrow. Whether you’re running a business or managing your life, staying up to speed on what’s happening in the world is essential. Being able to anticipate change can give you a chance to alter your course while incurring less cost.

    Abandoning things that no longer serve you can be challenging. It’s easy to fall prey to the Sunk Cost Fallacy, which is the idea that you need to continue on a certain path because you have already invested time, energy, and resources into that pursuit.

    Advertising

    The world changes, and you are changing right along with it. Don’t stick to things simply because they worked for you in the past. You may have to break out of your comfort zone, but it will be worthwhile to face the challenge.

    Review your life and business responsibilities on a regular basis to ascertain what isn’t working for you anymore. Keep track of data and anecdotal evidence that could help you decide when you need to change direction. Circumstances won’t change overnight. Some of your actions slowly start to cost you more time and money. Spotting a downward trend early can help you cut your losses and regroup.

    Things that consume their energy without yielding any benefit

    You may take on a project with the understanding that you may have to put in some effort up front to get results later. It is important to avoid the trap of spinning your wheels and waiting for success.

    Set time-bound goals and perform a cost-benefit analysis.[2] Establish how long you are willing to put in that level of effort, and what your outcomes should be. If you don’t see a return on your investment within the time frame that you set, you might need to consider dropping that initiative.

    When something takes up too much of your time, you end up working for free or operating at a loss. Something that takes too much of your energy can also prevent you from taking on initiatives that may prove more beneficial for you.

    The communication company, Slack, is a classic example of this principle. Before the company was a go-to platform for business communication, it was a video game company. The CEO received 17 million dollars to invest in his project, but the video games didn’t do well.

    Advertising

    The CEO had to make a tough choice: continue with the original objective and go into debt for millions of dollars or try something new and keep what could be salvaged. Slack’s success today would not have been possible if the company had not changed directions.

    Giving up on something doesn’t mean that you’ve failed. It just means that you are opening yourself up to the possibility of being successful in another endeavor.

    Prioritize your schedule and eliminate things that are eating up your time and energy. In some cases, low-value tasks may give you very little benefit, but they could also be negative-value if they take you away from more important tasks.

    People who don’t share the same goals and vision

      Photo credit: Source

      As the saying goes, you’re the average of the five people with whom you spend the most time. You’ll want to make conscious choices about the people that you spend your time with because they can influence you. If they don’t share your vision, you will either end up in conflict with them, or they will take you off-track.

      Advertising

      When you spend time with people who share your goals, you’ll have more opportunities for growth. Your peers will understand your mission, and you can use your collective brainpower and resources to strive for success. These people can offer you insights and motivate you.

      When you make new friends or apply for a new job, you need to understand the person or entity’s core values. This means that you will have to do more than engage the people around you in small talk. Asking people where they like to go, talking about the weather, or inquiring about their weekend doesn’t tell you much about them.

      Asking philosophical and ethical questions can give you insight into a person’s character. They don’t necessarily have to agree with you on all points in order to be a good match, but if someone responds in a manner that is completely against your core values, then they might not share your perspective about life.

      Asking someone, “What is your favorite quote (or book) and why?” or “What would you do if you won the lottery tomorrow?” can tell you a lot about someone you’ve just met. If you are having a deeper discussion, asking, “Are you religious or spiritual?” or “How do you measure your success?” can prompt people to open up about what is important to them.[3]

      Making the decision to give up on something that isn’t working for you is part of becoming successful. Some of the best-intended moves can consume too much time and energy to be worthwhile. Strategies and that worked for you in the past may need to be adapted or abandoned when they stop being beneficial. People who you thought were your friends could have a negative impact on your work.

      Insanity: doing the same thing over and over again and expecting different results. -Albert Einstein

      When you clear away ideas and initiatives that no longer serve you, you make room for fresh ideas to take shape. Quitting is not necessarily a bad thing. Having a capacity to give up is one of the best-kept secrets among successful people.

      Reference

      More by this author

      Leon Ho

      Founder & CEO of Lifehack

      Why Do I Have Bad Luck? 2 Simple Things to Change Your Destiny The 25 Best Self Improvement Books to Read No Matter How Old You Are How to Be A Genuine Expert in Your Field Seriously Stressing Out? The Complete Guide to Eliminate Work Stress 17 Traits That Make a Successful Person Stand out from the Crowd

      Trending in Smartcut

      1 How to Stop Multitasking and Become Way More Productive 2 Seriously Stressing Out? The Complete Guide to Eliminate Work Stress 3 17 Proven Tactics for Motivating Employees and Building a Stronger Team 4 10 Most Productive Countries And What You Can Learn From Them 5 17 Ways to Ace Your Next Phone Interview And Land the Job You Deserve

      Read Next

      Advertising
      Advertising

      Last Updated on September 17, 2018

      How to Stop Multitasking and Become Way More Productive

      How to Stop Multitasking and Become Way More Productive

      Today we are expected to work in highly disruptive environments. We sit down at our desks, turn on our computer and immediately we are hit with hundreds of emails all vying for our attention.

      Our phones are beeping and pinging with new alerts to messages, likes and comments and our colleagues are complaining about the latest company initiative is designed to get us to do more work and spend less time at home.

      All these distractions result in us multitasking where our attention is switching between one crisis and the next.

      Multitasking is a problem. But how to stop multitasking?

      How bad really is multitasking?

      It dilutes your focus and attention so even the easiest of tasks become much harder and take longer to complete.

      Studies have shown that while you think you are multitasking, you are in fact task switching, which means your attention is switching between two or more pieces of work and that depletes the energy resources you have to do your work.

      This is why, even though you may have done little to no physical activity, you arrive home at the end of the day feeling exhausted and not in the mood to do anything.

      Advertising

      We know it is not a good way to get quality work done, but the demands for out attention persist and rather than reduce, are likely to increase as the years go by.

      So what to do about it?

      Ways to stop multitasking and increase productivity

      Now, forget about how to multitask!

      Here are a few strategies on how to stop multitasking so you can get better quality and more work done in the time you have each working day:

      1. Get enough rest

      When you are tired, your brain has less strength to resist even the tiniest attention seeker. This is why when you find your mind wandering, it is a sign your brain is tired and time to take a break.

      This does not just mean taking breaks throughout the day, it also means making sure you get enough sleep every day.

      When you are well rested and take short regular breaks throughout the day your brain is fully refuelled and ready to focus in on the work that is important.

      Advertising

      2. Plan your day

      When you don’t have a plan for the day, the day will create a plan for you. When you allow outside influences to take control of your day, it is very hard not to be dragged off in all directions.

      When you have a plan for the day, when you arrive at work your brain knows exactly what it is you want to accomplish and will subconsciously have prepared itself for a sustained period of focused work.

      Your resistance to distractions and other work will be high and you will focus much better on the work that needs doing.

      3. Remove everything from your desk and screen except for the work you are doing

      I learned this one a long time ago. In my previous work, I worked in a law office and I had case files to deal with. If I had more than one case file on my desk at any one time, I would find my eyes wandering over the other case files on my desk when I had something difficult to do.

      I was looking for something easier. This meant often I was working on three or four cases at one time and that always led to mistakes and slower completion.

      Now when I am working on something, I am in full-screen mode where all I can see is the work I am working on right now.

      4. When at your desk, do work

      We are creatures of habit. If we do our online shopping and news reading at our desks as well as our work, we will always have the temptation to be doing stuff that we should not be doing at that moment.

      Advertising

      Do your online shopping from another place—your home or from your phone when you are having a break—and only do your work when at your desk. This conditions your brain to focus in on your work and not other distractions.

      5. Learn to say no

      Whenever you hear the phrase “learn to say no,” it does not mean going about being rude to everyone. What it does mean is delay saying yes.

      Most problems occur when we say “yes” immediately. We then have to spend an inordinate amount of energy thinking of ways to get ourselves out of the commitment we made.

      By saying “let me think about it” or “can I let you know later” gives you time to evaluate the offer and allows you to get back to what you were doing quicker.

      6. Turn off notifications on your computer

      For most of us, we still use computers to do our work. When you have email alert pop-ups and other notifications turned on, they will distract you no matter how strong you feel.

      Turn them off and schedule email reviewing for times between doing your focused work. Doing this will give you a lot of time back because you will be able to remain focused on the work in front of you.

      7. Find a quiet place to do your most important work

      Most workplaces have meeting rooms that are vacant. If you do have important work to get done, ask if you can use one of those rooms and do your work there.

      Advertising

      You can close the door, put on your headphones and just focus on what is important. This is a great way to remove all the other, non-important, tasks demanding your attention and just focus on one piece of work.

      The bottom line

      Focusing on one piece of work at a time can be hard but the benefits to the amount of work you get done are worth it. You will make fewer mistakes, you will get more done and will feel a lot less tired at the end of the day.

      Make a list of the four or five things you want to get done the next day before you finish your work for the day and when you start the day, begin at the top of the list with the first item.

      Don’t start anything else until you have finished the first one and then move on to the second one. This one trick will help you to become way more productive.

      Featured photo credit: Unsplash via unsplash.com

      Read Next