Annie Duke On How to Make Better Decisions & Why Quitting Makes You Happier

Todays guest is Annie Duke, Annie is an author, corporate speaker, and consultant in the decision-making space, as well as Special Partner focused on Decision Science at First Round Capital Partners, a seed stage venture fund. The occasion for todays chat is Annie’s latest book, Quit: The Power of Knowing When to Walk Away which was released last week. As a former professional poker player, she has won more than $4 million in tournament poker. During her career, Annie won a World Series of Poker bracelet and is the only woman to have won the World Series of Poker Tournament of Champions and the NBC National Poker Heads-Up Championship. She retired from the game in 2012. Prior to becoming a professional poker player, Annie was awarded a National Science Foundation Fellowship to study Cognitive Psychology at the University of Pennsylvania. Thanks to this episode's sponsor:   InsideTracker: Created by leading scientists in aging, genetics, and biometrics, InsideTracker analyzes your blood, DNA, and fitness tracking datato identify where you’re optimized—and where you’re not. You’ll get a daily Action Plan with personalized guidance on the right exercise, nutrition, and supplementation for your body.   For a limited time, you can get 20% off the entire InsideTracker store at insidetracker.com/doug   What to Listen For:   0:00 Intro 1:40 Annie’s most memorable moment of “quitting”  7:17 How did that moment impact her long term? 9:46 Why did she quit playing poker? 18:23 How to know if you should quit something & why quitting makes you happier 24:47 What to do when you’re having a hard time quitting or leaving something 33:40 When quitting is a bad thing/How to make better decisions 38:26 Why sticking to something that’s “hard” isn't a good thing 44:08 Misconceptions about goal setting (and what to do instead) Episode resources:   Connect with Annie:    Website  Twitter   Buy “Quit” here Follow me on Social Media: LinkedIn Instagram Twitter Learn more about your ad choices. Visit megaphone.fm/adchoices