We live in a culture that glamorizes grit and derides giving up. But in the world of climate startups, we can\u2019t afford to spend time on projects that aren\u2019t working.
\nSo, how do you know when to quit?
\nDecision Strategist Annie Duke is a retired professional poker player and World Series of Poker bracelet holder. She is also the author of several books, including Quit: The Power of Knowing When to Walk Away.
\nOn this episode of Reversing Climate Change, Annie joins Ross to explain how to apply decision-making skills from poker and her research in the context of a climate startup.
\nAnnie walks us through her three strategies for deciding when to fold, challenging us to set explicit kill criteria and leverage the \u2018monkeys and pedestals\u2019 mental model to abandon projects that aren\u2019t working.
\nListen in for Annie\u2019s insight on prioritizing moonshots that develop useful technology and learn how to persevere when projects are worthwhile\u2014and walk away when they\u2019re not.
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\nResources
\n\n\nQuit: The Power of Knowing When to Walk Away by Annie Duke
\nHow to Decide: Simple Tools for Making Better Choices by Annie Duke
\nThinking in Bets: Making Smarter Decisions When You Don\u2019t Have All the Facts by Annie Duke
\nSuperforecasting: The Art and Science of Prediction by Philip E. Tetlock and Dan Gardner
\n\n\n\n\nGrit: The Power of Passion and Perseverance by Angela Duckworth
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