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I would like to know your opinion on "When to drop the ball when trying to build a business?" You need to persevere, but like playing poker, you invested so muc
by jguimont 7y ago
I would like to know your opinion on "When to drop the ball when trying to build a business?" You need to persevere, but like playing poker, you invested so much energy that it might be hard to pull the plug. Success might be just around the corner...
- derrickreimer 7y agoTotally! To clarify, by the "drop the ball" do you mean knowing when to call it quits if something is not working out? I recently wrote about my experience with that: https://www.derrickreimer.com/essays/2019/05/17/im-walking-away-from-the-product-i-spent-a-year-building.html https://www.derrickreimer.com/essays/2019/05/17/im-walking-a... My friend Justin Jackson also published a good article about this too: https://justinjackson.ca/giveup https://justinjackson.ca/giveup
- hmhrex 7y agoThanks to you, I finally read The Mom Test. It was extremely insightful alongside your written experience.
- derrickreimer 7y agoThat's awesome!
- holmberd 7y agoYou are referring to sunk cost fallacy.