10 REASONS WHY PEOPLE QUIT by Patrick Bet-David

Updated: Jun 16, 2020

No matter what phase of business you’re in right now – whether it’s the new, exciting puppy love phase, the steady phase, or the momentum phase, at some point you’re going to hit a wall. And when you hit the wall, you’ll feel like everything is going to collapse. You may feel like it’s not just the end of business, but the end of life. And the way you behave and react when you hit the wall creates a habit in your life. And one of the worst habits, if not the worst habit, is quitting. If you pick up this bad habit, you’ll keep quitting, and the next thing you know, every single time you hit a wall, you’ll quit.

I have a system that I’m going to talk to you about today, with 10 different points about why people quit and how to not be a quitter.

But before I even get into it, I want you to think about it in a completely different way. Think about what you worried about 10 years ago. If you’re 30 right now, think about what kept you up at night when you were 20. Was it a relationship? An argument with your parents? Your car payment? What did you worry about 10 years ago? Now ask yourself if you even worry about that today. Was it the end of the world? No. The same is true with business. Every single person that builds a big business, has to, at many different points, slay some dragons. The better you get within time, the easier it gets to slay the next dragon.

Now let’s talk about the 10 different reasons why people quit.

#1: Overwhelm

I believe the number one reason people quit is because they’re overwhelmed.

What causes overwhelm? One reason is that you’re performing, building a business, and the next thing you know, one of your competitors is beating you, and you feel overwhelmed. Then you notice that somebody opened a business, and even though they have less experience than you, they’re beating you. You feel overwhelmed. It could be you're not performing at a level that you should be performing, and you're overwhelmed. It could be that a mentor of yours is challenging and pushing you, and you feel overwhelmed. Perhaps you’re facing certain financial issues and feel overwhelmed.

You may say things to yourself like, “You know, honestly, I don’t think I can run a business because I’m dealing with my marriage and my kids, and my mom told me the other day that I’m not being a good son.” Or, “I got a text from an old friend that feels like I’m no longer a good friend and I just feel so overwhelmed. I don’t think I can handle this!”

When you feel overwhelmed and under pressure, the easiest thing to do is what? Quit. The good news is, yes, you're overwhelmed, but if you can get through the overwhelming phase, you're going to grow to be a whole different person on the other side.

#2: Lack of Results

No matter what you do, if you lack results, it’s purely a reflection of a lack of activity. Lack of results doesn’t happen accidentally.

Let me explain to you what I mean by this. Let’s say that you’ve never played basketball before in your life. You may even be the person that says, "Honestly, Pat, I can't stand it when you use basketball analogies on Valuetainment because I don't follow basketball." No problem. You’re the perfect person for this analogy.

Let’s say you’re 20 years old and have never shot a single shot in basketball in your life. Our goal is for you to make 10 shots from the free throw line. If you have to make 10 shots from the free throw line, what are the chances of you making 10 shots from the free throw line if I only give you 10 chances? Because you’ve never played basketball before, can we say zero? Or maybe you’ll get lucky and make one.

But here's the second equation. What if I tell you you have an unlimited amount of shots. Do you think you'll eventually make 10 shots? Yes. See, the lack of results is a reflection of lack of activity. If you only take 10 shots and you miss, of course it’s not going to work.

As an entrepreneur, you need to take so much activity to create results because initially you’re not an expert; you’re an amateur. People hate it when I say it, but I’ll tell you one thing about capitalism and sales. It's 100% proven that anybody can make it in the world of sales and capitalism because it’s purely a mathematical formula. But when somebody doesn’t get results due to lack of activity, they quit. And they think it’s their industry. They say it doesn’t work for them, even though it’s worked for hundreds of thousands of others. It’s not that it doesn’t work. No, you simply have the habit of quitting.

#3: Self Sabotage

Listen in here for my thoughts on the part that self-sabotage plays with why people quit.

#4: Problem Magnet

The next reason people quit is that some people are problem magnets. I call it a crap magnet. They just tend to attract crap in their lives. And one of the reasons why people attract crap in their lives is because they want to.

This may be tough for you to hear, but I’ll tell you why some people want to attract crap in their lives. It’s because if you attract crap in your life, it’s because you have an out for why you didn’t make it. You may say:

  • Well, I didn’t make it because my family was going through ____________

  • My car broke down, and because of that, I didn’t make it

  • I didn’t make it because of my teacher

  • Well, I didn't make it because I had a kid and I was a single father

  • I didn’t make it because my marriage didn’t work

  • Well, I didn't make it because I got a DUI

No, you kind of want those things to happen to you so you can advertise it and say that’s why you didn’t m