How Do You Know When To Quit?

When you're giving it your best work and effort, yet it doesn't seem to be going anywhere, keep working and learning NEW things which might make the difference.

Seek help from someone who has already been through what you're trying to build, ask them what they think is lacking and listen to what they say.

Also, if you've been working on the said project for a long time but have uncovered somethings like lack of customer demand, lack of need, too much saturation, weak potential, etc...

In these cases, it might be time to drop the certain project. Don't quit your dream, but do quit a project which, after CAREFUL analysis, seems to be a dead end road.

Quitting is not the option
or at least not for me.
Make it work.

well ,

in the real world the question you ask what am i doing this for..and how long can i keep doing it the way i am with the results i am getting now .

are you learning something from the project ..and will it completely drain your money if it continues .

people are getting out of college with degrees and 20k,30k ..even 6 figures in debt and no job ..

if you are learning something keeping the project going. not going into debt. and not heading for bankrupcy ..the time to quit is when you spy what would look like a much better opportunity .

when a project is taking away from another project that is far more lucrative

Gracie...TRY and be realistic BEFORE you start the project. I agree with all above...ask for help BEFORE you launch. We are mostly not realistic about our skills, time and available funds to make it work.
I launch a great mobile marketing business 4 years TOO EARLY. I just didn't have the staying power to keep it going until the market caught up to me...

When both your analysis and your gut tell you that it will not bring sustained earnings (or meaningful benefit if it's a non profit or personal project).

But I wouldn't use the word quit. I would say adapt. When things aren't working out, review the environment in which you are working and see whether you need to adapt.or change your game plan to get things moving.

Don't quit. Confront your reality. Then adapt.

This is definitely a difficult judgement to make. To me it would seem to depend on the project at hand... Is it something that can be put aside? Is it near completion? What values do it hold personally? financially?

Giving up is a harsh way of putting it... I don't give up.. I take a new course, and continue on. Never look at something as an ending unless completed in success.

Never call it quitting, call it making an adjustment. And keep it moving.

Great question! Maybe quitting isn't the right word to use. 'Change', 'transform', 'make it different' are better words to use.

It depends on the product that I market, but usually in 3 months I know already if major changes will be needed.

"Never, never, never give up." - Winston Churchill

Learn from your failures and make some modification until you got something working.

Cheers,

C.G.

Having a pivot point to check whether the project is actually viable or not is the best method for most projects. Also important to determine that end objective from the start.

Quit Now.

That is probably the worst pill to swallow. I would rather call it a detour than to quit. Sometimes we are up against tremendous odds that going on seems futile. But the question is, "If I quit, what next? Quit again when the going gets tough and tougher?"

The moment you give in on something, chances are you will be giving in to a lot of things down the road.

You don't always know when a project will fail, but you shouldn't be worried about that. You should always remember that failing is a stepping stone to success. So in other words, anytime you fail you should look at it as a sign that you're taking action and you are on your way to success.

If you are taking action consistently and deep down you know that you're giving it your all, and you continue to fail then you have to make some adjustments. I don't believe that quitting is the answer, it's better to make adjustments or try a different route but don't quit.

You know when to quit if the project is causing you emotional distress on a daily basis and no peace ever.

you have to be objective as well
is good to have the mindset of never quitting but somethings are just better to leave behind and start from zero

It would depend on what you are trying to quit. If you're trying to quit unhealthy habits, then you should never give up as your life depends on your success. If your children are going down the wrong road and despite your best efforts, they still get into trouble with friends and school, you can't afford to give up.

But, for anything else, not related to health, love or family, things are up in the air.

You shouldn't be expected to pour your family's life savings into a failing business just because late one Saturday night a business idea popped into your head and since then you've been struggling to make it work.

Let your gut and common sense be your guide and don't bankrupt yourself or sell your future out to force something into reality that is not meant to be.

if you try a lot, like for a long time - and if results don't show for it.

Thats when I'll move on.

Ean

If you quit before you have tried split testing, then you have quit too soon.

When to quit? Yes, we can!
It is the art of picking and choosing your battles. Or knowing how to set priorities.

In some ways to even to play the game is to lose. This is definitely where you would want to quit. I think everyone should be quitters in smoking meth. Or another way to put it is to choose life and freedom.

Setting priorities means I will do this first before I do that. Basically, in a broad sense, people are far more often quitting (saying no to all the other things) than in saying yes. The problem comes with people taking it too far. You do have to follow through on what you know will work if you do it. The rest you quit on.

If you are talking about being successful (however you define it) then people have become successful in almost every area of life. Since this is a marketing forum I will use that as an example. When do you quit trying to make money in online marketing? A very personal question. A simple way to start is with a straight forward checks and balance sheet. Put all the pro's on one side and all the con's on the other. Personally way it out to see if it is worth the risk or effort.

Another example is in becoming a heart surgeon - one of the greatest heights in the medical world. Once you seriously start into the schooling you may find it not worth the intense effort and quit to become an ob/gyn or something. Few people would condemn you for that since the major part of what you wanted - becoming a doctor - was still achieved.

Yes, we do become influenced to change streams on our way to achieving great success. That is ok as long as we are not backing down or giving up in some way. We do get to make course corrections. And it will work out as long as we are responsible and appropriate when we do it.

you have to be objective as well
is good to have the mindset of never quitting but somethings are just better to leave behind and start from