Friday, July 10, 2015

Axiom 64: Know When to Cut Your Loses

"Stay committed to your decision, but stay flexible in your approach." -Tony Robbins

You can spend minutes, hours, days, weeks, or even months over-analyzing a situation; trying to put the pieces together, justifying what could've, would've happened... or you can just leave the pieces on the floor and move the fuck on.” -Tupac Shakur

Oftentimes knowing when it is time to cut your loses and move on is the hardest decision you'll ever make. It can be the determining factor in your success or utter failure.

But if you're pursuing a goal in life and you're not sure if it is going to work out or not how do you know when to give up?

About ten years ago I graduated from graduate school in Dallas. It was a long time goal of mine to move to Los Angeles and work in entertainment PR. I had already made many sacrifices to make this goal a reality. This included years of college, both undergraduate and graduate, flying to LA to go to networking events, and saving a six month nest egg to live on once I made the move.

Then in January of 2006 I made move. I packed up all my belonging and drove for three days to West Hollywood. I setup shop and the reality quickly set in. As I walked through the neighborhood the reality of the situation weighed hard on me.

My standard of living would never be as good here as it was in Dallas. I would be working twice as many hours for half the pay. In 20 years the best I could hope for would probably be a very modest house and a very long work week.

So I reached a crossroads. 

Should I stay in LA and continue a dream that I have worked very hard for, or go back to Dallas and start over?

I packed up and moved back to Dallas. My decision was made by answering one simple question: Will the probable end result be worth the effort? The answer was no.

If you are in a similar situation I urge you to ask yourself the same question.

When I moved back to Dallas I was lost for a year or so as I started over in figuring out what I wanted from life. Looking back though, choosing to cut my loses and move back from LA was the best decision I ever made.