- Never give up.
Winners don't quit and quitters don't win.
(upbeat music)
Well, how do you know when you're supposed to quit?
How do you know when to quit and when to continue?
You've always heard of the belief, well sometimes
in business you gotta zig and zag,
you gotta pivot, that's the word.
Right, something doesn't work, you try something else.
Something doesn't work, you try something else.
But how do you know if you're actually pivoting
or it's just like a shiny object syndrome for you?
What is right?
How do you know when to quit?
Let me ask you this.
How many times you try something, maybe,
you are in business and you've been doing
that business for some time now, maybe for years.
And it's not kind of going a little bit,
but it's not going anywhere soon.
And you ask yourself should I quit?
Or maybe you're in a relationship.
You've been with a person for a long time,
and you're like, you know, we've been together a long time,
but something it just.
The love is not the same, the romance is not the same.
Should we break up?
You know, when should you quote on quote, quit?
I started and failed at 13 businesses
before having my first success,
so technically you could say, I quit 13 times,
before having my first success.
So if you have challenges knowing when to quit,
I think this video would be the most important video
that you've watched in a long long time.
Although it would require you to do some very deep thinking.
So, how do you know when to quit?
The answer is self-awareness.
It is self-awareness.
What is self-awareness?
Self-awareness is the capacity to stand apart from yourself,
and examine your actions, your history,
your motives, your drive, your habits.
Self-awareness involve deep personal honesty.
It requires you to ask a very very tough and hard questions.
I notice on You Tube, I could say 90, 95%
of your questions that you're asking me is
because low self-awareness.
The question I see is, Dan, what business should I start?
Dan, I've got some money here, how should I invest my money?
Do you recommend cryptocurrency?
Should I invest in real estate?
Or what about, how should I get this client?
Or I'm in this situation, what should I do?
All those questions sell low self-awareness.
Low self-awareness, period.
You don't understand yourself.
The awareness is so low,
that you're not even sure what you should do.
It's not even a clarity issue, it's a self-awareness issue.
Let me give you an example.
Let's say someone is asking me, well, Dan,
should I continue with this business, should I quit,
should I give up, what should I don with this business,
because business is what I teach.
That is the context.
Instead of just telling you well yes or no.
Let me give you some questions to ponder,
and how you would see self-awareness in action.
The questions you should ask or ask yourself,
or I would ask you is this.
Why are you even in the business in the first place?
What motivate you to start this business?
Does this business fit your natural talents and strengths?
And what qualifies you to be in this business?
What's your edge?
What's your plan for growth?
Now you've been doing it for some time,
are you making any progress?
Or are you just getting further in debt?
Do you have a plan to grow
in the next three, four, five years?
Let's say if you do, do you have the right people,
the right team to help you to take it to the next level?
And if the business is losing money,
how much cash in the bank that you could still use
before you go bankrupt?
Right?
And if you are not producing the results you're looking for,
what skill set that you need to develop
in order to produce the results?
Maybe it's closing, maybe it's selling,
maybe it's marketing, maybe it's generating traffic
to your website, maybe it's certain negotiation skills.
I don't know.
I don't know you, but you should know you.
All these questions, if you can answer those,
you'll have a very clear idea if you should quit or not.
And that's why people look to a third party,
look to me to look to somebody else
and tell them, you should do this,
you shouldn't quit or when to quit.
It's not a simple answer.
It is all self-awareness.
And that's why I love what Bruce Lee said,
"All knowledge ultimately leads to self-knowledge."
Knowing one's self.
Knowing yourself.
But, unfortunately it's very very sad
because a lot of now days, young people, entrepreneurs,
the self-awareness level is so low.
The attention span is so short,
and that's why they see a post on social media,
they see an Instagram post, they see a Facebook post,
they see a You Tube video,
and how should I do this and what about that?
They can't even fucking think.
They don't even know themselves,
And sometimes the problem is, you put on a mask for so long.
And I'm talking to you,
you put on a mask for so long you don't even know
who you are anymore, you don't even recognize yourself.
Forget self-awareness,
you don't even know who you are anymore.
And if you don't know who you are,
how are you going to have the self-awareness?
So when to quit?
I cannot answer that question.
Ask yourself these tough deep questions.
Learn to think.
Then you know when to continue and when to quit.
Now go watch the next video.