Read: The Dip
The Dip | Seth Godin | A little book that teaches you when to quit (and when to stick).
Notes From Our Founder:
At Peter Field we are always coming up with new and amazing ideas, but each time we think about trying something new we ask ourselves if the new product, service, or aspect of our business is actually worth pursuing. Are we truly prepared to dedicate our time, energy, and resources on developing something new and exciting, into something that will stand the test of time and stick around as our team continues to grow and evolve… are we willing to fit through the dip and create something that doesn’t exist yet.
The concept of deciding if we are willing to invest all that is necessary before we actually start it is pulled directly from Seth Godin’s ‘The Dip’. As another require read at Peter Field we put tremendous value on strategically planning a new project through to the end, and we also give ourselves the freedom to quit the second that we realize we’re not going to get where we want to be. This is a fast and easy read focused on a single principle that can be applied to nearly all aspects of our lives.
-Nicholas Monterotti, Peter Field CEO
Notes From Seth Godin:
THE DIP is a little book about quitting. This lens tells you what you need to know before you buy a few dozen copies for everyone you know.
It's a mind grenade, a little bit of insight that will help you see what's causing your organization (or you) to get stuck. Here's the official description:
The old saying is wrong-winners do quit, and quitters do win. [PS The Dip (long ago, when I used to track these things) hit #5 on the New York Times bestseller list.]
Every new project (or job, or hobby, or company) starts out exciting and fun. Then it gets harder and less fun, until it hits a low point-really hard, and not much fun at all.
And then you find yourself asking if the goal is even worth the hassle. Maybe you're in a Dip-a temporary setback that will get better if you keep pushing. But maybe it's really a Cul-de-Sac, which will never get better, no matter how hard you try.
What really sets superstars apart from everyone else is the ability to escape dead ends quickly, while staying focused and motivated when it really counts.
Winners quit fast, quit often, and quit without guilt-until they commit to beating the right Dip for the right reasons. In fact, winners seek out the Dip. They realize that the bigger the barrier, the bigger the reward for getting past it. If you can become number one in your niche, you'll get more than your fair share of profits, glory, and long-term security.
Losers, on the other hand, fall into two basic traps. Either they fail to stick out the Dip-they get to the moment of truth and then give up-or they never even find the right Dip to conquer.
Whether you're a graphic designer, a sales rep, an athlete, or an aspiring CEO, this fun little book will help you figure out if you're in a Dip that's worthy of your time, effort, and talents. If you are, The Dip will inspire you to hang tough. If not, it will help you find the courage to quit-so you can be number one at something else.
I don't claim to have all the answers. But I will teach you how to ask the right questions.