Quitting can be an important tool for achieving success in the long run. By quitting when appropriate, you can free up resources to pursue more promising opportunities. Quitting can help you avoid the “sunk cost fallacy,” which is the tendency to persist in a losing endeavor because of the resources already invested.
Quitting can also help you avoid the trap of being too committed to an idea or approach and can help you stay flexible and adaptable to new information.