When the cost of going forward exceeds the cost of stopping now. No consideration of past costs to get where you are. No sunken cost falacy.
Sometimes you have to accept failure and move on from something. You should never give up on yourself, but sometimes you do need to accept your own limitations and reconsider your projects, hobbies, relationships, and career decisions and accept when you’re on a losing trajectory.
Gracefully giving up when you know you’re on the path to failure is the best way to move on to the next thing that you might have a chance of succeeding at.
When the cost of going forward exceeds the cost of stopping now. No consideration of past costs to get where you are. No sunken cost falacy.
Sometimes you have to accept failure and move on from something. You should never give up on yourself, but sometimes you do need to accept your own limitations and reconsider your projects, hobbies, relationships, and career decisions and accept when you’re on a losing trajectory.
Gracefully giving up when you know you’re on the path to failure is the best way to move on to the next thing that you might have a chance of succeeding at.