We’ve all been faced with times when we had to choose whether or not to quit. Whether it was a job, a business, a habit, or a relationship. It could be a number of things. I remember growing up, believing that quitting was bad and that I did not want to be a quitter. To a degree, that still true. However, quitting the right things can be a sign of control. Control is the ability to start, change, and stop and if one cannot stop, control doesn’t exist. Today I want to talk to you about when to quit the right things so that you can clear the runway for you to create wealth.
I’ve quit several businesses, habits, and relationships because I knew they weren’t going to help me achieve my goals. It didn’t always even mean they were bad, it just meant they weren’t helpful. I want to primarily talk about quitting things that can suffocate your wealth. You see, wealth is the ability to treat money like oxygen and therefore anything that hinders your ability to do that is suffocating your wealth.
The first question is what to quit? Well as mentioned, anything that suffocates your wealth. If it prevents you from living abundantly in all areas of life you must quit. It might be blatantly suffocating your wealth or it could be something that is less noticeable. It could be something that just isn’t propelling your ability to treat money like oxygen and therefore it is dead weight. These are the types of things to quit.
When to quit? That’s a different question. If its suffocating you blatantly quit now and quit fast. Don’t drag it out. However, if it’s really not suffocating your wealth then I don’t believe you should quit immediately. For example, if you are working a job that you don’t really like and you’re considering quitting to go do something else, I believe you need to ask if you’ve fully applied yourself there. If you aren’t in the top group of performers at that job, the reason you don’t like that job is because you aren’t good at it and you aren’t trying. You should fix that, get as far as you can, and then go to the new venture. Why? Because all jobs requirement commitment and work and if those skills are holding you back at the last job they will hold you back at the new job as well.
You should also quit if the leadership isn’t right. If you are in the right vehicle, but with the wrong leadership this will also hold you back. I’ve quit things before because I wanted to grow, study, and implement things that I knew would help me. Leadership said no and they were against it. So I was faced with making the choice between quitting the company or quitting tools that I knew would help me. I quit the company and never looked back.
Same goes for habits. I’ve had habits, routines, and behaviors that conflicted with others in my life. I had to choose which one I was going to quit based on which one had the highest impact towards my goals.
Now, what should you quit for? Quit for the right opportunities. If it’s a job, you need to make sure it has margin, volume, it is ethical, and the leadership is right. Margin means that it has depth. When you do the job, do you get paid well? Volume refers to the scalability or repeatability of it. Obviously the ethicality of it is up to you as a person. If you don’t believe it’s ethical it will be hard for you to remain sold on it. For leadership, you need to find someone or BE someone who is willing to take risks that others are not. These leaders usually take criticism in the marketplace, but their production speaks louder than their critics.
Right now, Wealth DynamX is launching a 3 day free trial to give you information that will help you decide which opportunities to quit and which opportunities to pursue. This will include free coaching, my e-book, and 3 days of access to Cardone University! Click here to get started!
Own Your Potential,
Grant Cardone Certified Coach
Jerry Fetta helps his clients build wealth so that they can eradicate poverty in their own lives and own their potential.
He believes scarcity and abundance cannot co-exist and that the way to end poverty is to help you build wealth.
You were not created to spend 40+ hours per week serving the 40-year-to-life sentence trading your precious time for money just to live in mediocrity.
However, the truth is that time and money must be exchanged. It just doesn’t need to be you making the exchange.
Jerry helps his clients create wealth that exchanges time and money on their behalf. The only way to do this is to make more money, keep it, and then multiply it.
He has helped clients double their income, save $100,000 tax-free, and secure 8–12% fixed annual returns on their assets.
To get started, go to www.WealthDynamX.com/contact