Key Takeaways:

When you work on a project with people and successfully solve a problem, you (rightly) feel proud and accomplished. If the project helped create some “thing” that will require further maintenance and attention, you’ll probably come to love (and hate) that system. Don’t be afraid to move on to the next task, always keeping in mind your greater goal of improving the world. Don’t feel a microsecond’s guilt over abandoning a system, or even a company, any more than you would about replacing a code library with a new one.


When is the right time to quit and move on to something else? Setting aside the obvious practical issues like whether weย canย quit a thing, Iโ€™ve often seen peopleโ€Šโ€”โ€Šespecially very principled and diligent peopleโ€Šโ€”โ€Šfall prey to a hidden obstacle that I call the โ€œsunk benefitโ€ fallacy.

Youโ€™ve probably heard of the โ€œsunk costโ€ fallacy, in which people are reluctant to give up on something because theyโ€™ve already put so much effort into it, regardless of the real questionโ€Šโ€”โ€Šwould the amount of further effort required be justified by the outcome? There, the trick is to ignore โ€œsunk costsโ€โ€Šโ€”โ€Šcosts youโ€™ve already paid and which therefore come out the same on both sides of the ledger.

Sunk benefits are similar, but theyโ€™re about the wins youโ€™ve already had.

When you work on a project with people and successfully solve a problem, you (rightly) feel proud and accomplished. If the project helped create some โ€œthing,โ€ from a tool to a company, that will require further maintenance and attention, youโ€™ll probably come to love (and hate) that system as you know its idiosyncrasies and nuances.

This can lead to two different feelings of โ€œloyaltyโ€ on your part: to the team, and to the system. Both of these can make it feel wrong to abandon the projectโ€Šโ€”but while the first is real, the second is actually an illusion.

When you successfully solved a problem with your system, you created some value in the worldโ€Šโ€”โ€Šand nothing can reach back from the future and take that away from you. But that doesnโ€™t necessarily mean that youโ€™ll solve future problems in the same way, or with the same tools, or even with the same people.

The things you and your team built were means to an endโ€Šโ€”โ€Šthe end being the problem you solved. When you come to a future problem, you might reuse ideas, or some parts, but you wouldnโ€™t hesitate to replace a part of the system you built with a better one you come up with later. In the same way, you shouldnโ€™t hesitate to abandon the system altogether and move to a new one if thatโ€™s the appropriate choice.

And thereโ€™s the rub: the system, be it a single tool or a company youโ€™ve worked at, is just a means, never an end. It was useful in the past, but that doesnโ€™t mean you need to continue to use it in the future whether itโ€™s appropriate or not. That value is a โ€œsunk benefit.โ€

Value the work you have done and move on to the next task, always keeping in mind your greater goal of improving the world. Be in love with and excited about the problems you have solved and will solve, not the specific tools with which you do so.

Contrast this with the other loyalty we talked about, to the people you worked with. This is different because people are ends, not means. It is right, and good, and healthy for you to want them to succeed and thrive going forward. Invest, therefore, in helping them as people, and in your relationships with them.

But donโ€™t feel a microsecondโ€™s guilt over abandoning a system, or even a company, any more than you would about replacing a code library you wrote a few years ago. It served its purpose then and perhaps a different tool is needed now. The benefit is sunk, and thereโ€™s no mystical ledger out there in which you will be rewarded for sticking with a system, a tool, or a company.

Rather raise a glass to celebrate the things you have done; to grieve for the things you wanted to do; and to look forward to the things that you shall do, wherever that challenge may take you.

Contributor

Recently Published

Top Picks

Key Takeaway: Wellness culture, which claims to provide happiness and meaning, has been criticized for its superficial focus on superficial aspects like candles and juice cleanses. Psychological research suggests that long-term wellbeing comes from a committed pursuit of both pleasure and meaning. Martin Seligman’s Perma model, which breaks wellbeing into five pillars: positive emotions, engagement, […]
Key Takeaway: Quantum computing, which uses entanglement to represent information, has the potential to revolutionize everyday life. However, the development of quantum computers has been slow due to the need to demonstrate an advantage over classical computers. Only a few notable quantum algorithms have been developed, such as the BB84 protocol and Shor’s algorithm, which […]
Key Takeaway: China’s leaders have declared a GDP growth target of 5% in 2024, despite facing economic problems and a property crisis. The country’s rapid economic growth has been attributed to market incentives, cheap labor, infrastructure investment, exports, and foreign direct investment. However, none of these drivers are working effectively. The government’s determination to deflate […]
Key Takeaway: Neuralink, founded by Elon Musk, aims to implant a brain-computer interface (BCI) in people’s brains, allowing them to control computers or phones by thought alone. This technology holds the promise of alleviating human suffering and allowing people with disabilities to regain lost capacities. However, the long-term aspirations of Neuralink include the ability to […]

Trending

I highly recommend reading the McKinsey Global Instituteโ€™s new report, โ€œReskilling China: Transforming The Worldโ€™s Largest Workforce Into Lifelong Learnersโ€, which focuses on the countryโ€™s biggest employment challenge, re-training its workforce and the adoption of practices such as lifelong learning to address the growing digital transformation of its productive fabric. How to transform the country […]

Join our Newsletter

Get our monthly recap with the latest news, articles and resources.

Login

Welcome to Empirics

We are glad you have decided to join our mission of gathering the collective knowledge of Asia!
Join Empirics