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Switching Costs – Pen That Resignation Letter II

This morning I thought about Nassim Taleb

More specifically, I thought about this post I wrote a few years back. In it, I talk about the importance of writing a resignation letter before you start anything. Nassim Taleb wrote about the power of resignation letters in “Antifragile: Things That Gain from Disorder (Incerto),” and it made sense at the time.

This letter is hard to write. I struggle with it. (Full transparency – I didn’t do it with my last job, and now that I think about it, if I wrote it I may have left sooner)

So, I reiterate the point to myself, and you, reader. The point of that letter isn’t to hand in, but to keep yourself honest.

I thought of another reason this morning, which brought about that very thought. It also highlights what your “willingness to pay” (WTP) switching costs are.

Knowing how much you are willing to give up (job, a source of income) for your well-being is a critical part of self-awareness, which can make you hyper-aware for the next thing, whatever that is.

The first step to self-mastery is self-awareness, and this is a powerful tool to help you get there.

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