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Exercise15 minEverydayRationality

When is it time to let go?

Test a project, a habit or a relationship against what you have already put into it, and decide on a trial period.

The path

How it works

  1. From the bookWrite
  2. Reality checkWriteChooseRate
  3. What do you gain, and what is freed?Write
  4. From outsideWrite
  5. The trial periodChooseWrite
Sometimes the most productive thing you can do is set a project aside. Not because the idea is bad or the passion has cooled, but because the timing or the resources don't match reality. Why is it so hard to stop in time …

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The evidence

Why does it work?

The sunk cost effect is well established in decision research (Arkes & Blumer 1985), as is the finding that losses often weigh more heavily than equal gains, though to different degrees in different contexts. The exercise is structured reflection, not a tested method.

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