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Motley Fool Hidden Gems Investing

The Upside of Quitting with Stephen Dubner

Motley Fool Hidden Gems Investing

The Motley Fool

Business, Investing

4.33.1K Ratings

🗓️ 3 March 2020

⏱️ 3 minutes

🧾️ Download transcript

Summary

"Winners never quit and quitters never win.” Is it possible quitting is actually underrated? Stephen Dubner, co-author of the bestselling "Freakonomics" books, makes the case for re-examining how we think about quitting. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

With the Motley Full Money Extra, I'm Chris Hill.

0:12.0

If you've ever listened to Frekenomics Radio, then you're probably familiar with the voice

0:15.9

of Stephen Dubner.

0:17.4

A journalist by training, he's one half of the team that introduced Frekenomics to the

0:22.2

world.

0:23.2

One of the things I've always enjoyed about talking with Stephen Dubner is he's incredibly

0:27.5

curious about the world around him.

0:29.6

He's also not afraid to poke holes in ideas that are just taken for granted.

0:34.7

Like quitting, for example.

0:36.6

There are all kinds of quotations from famous people, legendary football coach Vince Lombardi

0:41.4

just in A1, about the downside of quitting.

0:44.6

But as Dubner told me a few years ago, there's a good case to be made for approaching this

0:49.3

idea in a different way.

0:51.9

So Lombardi was famous, a winner never quits a quitter never wins.

0:54.8

Churchill famous for, I believe the quote was never, never, never, never, never give up.

1:03.2

Then he went on to say, it matters large and small and so on.

1:06.5

And you know what, if you're Winston Churchill and you were the prime minister of a great nation

1:11.4

that is literally facing extinction at the hands of the German Nazi government, then

1:18.2

I would say yeah, not giving up is the way to go.

1:22.3

Most of us, the stakes aren't so high.

1:26.0

Most of us are in situations routinely, whether it's a job or a career or a startup or

1:32.4

a project or a relationship or whatever it is, where we're afraid to quit because we've

...

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