Bookwield

Prompts · Business strategy

Decide whether to push through or kill a bet you're months into

a project has eaten real money and months, the results are ambiguous, and your team has split into 'it's early' and 'stop now.'

Built on

Thinking in Bets
Annie Duke · 2018

Separates the quality of the original decision from the outcome so far (resulting), and makes both camps commit to the number that would change their minds.

The Dip
Seth Godin · 2007

Asks the question Duke doesn't: is this a Dip worth pushing through, or a Cul-de-Sac that will stay flat however hard you push?

The prompt

My situation: [describe the bet, what it has cost so far, the results you have, and where the team disagrees] Use Thinking in Bets by Annie Duke (2018) and The Dip by Seth Godin (2007) to help. Recall any details from the whole book that help, including names, numbers, scenes, or cases that are not the most famous chapter titles.

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