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Jeffrey Lockwood

👤 Speaker
174 total appearances

Appearances Over Time

Podcast Appearances

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

whether we're being foolish and using the kind of reasoning like, well, I've already put four years into this relationship.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

I've already put five years into this job.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

I can't quit now or all of that investment is going to be gone.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

And that can be kind of fallacious or dangerous thinking as well.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

That almost falls in the case.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

I mean, quits can be very easy, very hard.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

I guess if they're really, really easy, then in some ways we'd be reluctant to even call them a quit because we've not really begun or it's a very fleeting obligation.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

But taking a job, it does seem one of the things you're avoiding is what's sometimes called the sunk cost.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

I've already sunk so much in that I can't get out.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

Governments do that all the time.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

I mean, talk about trying to get out of a war.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

We've already lost this many lives.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

How can we give up now?

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

Versus like a job where you have this sense very early on that something is not right.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

This is not going anywhere.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

maybe it wasn't the employment equivalent of the first date, but you weren't very far in.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

In some ways, not only are you doing yourself a favor, but then that company has not invested a whole lot of training and time and resources in you either.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

That might have been the best thing for all the parties concerned.

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

If you weren't going to flourish,

Something You Should Know
What’s Really Controlling Your Money? & When to Quit

But again, that's the tough part, right, is the delay of gratification.