We've been there the moment we realize that the end has come. A pivotal moment where we either walk away or proceed to move ahead with our existing circumstances.
Have you continued forward, recognizing it was time to close the chapter on a job, relationship, or friendship ?
Here are some signs that you have reached a “kill point” in your life.
1. You have poured of yourself into the situation (job, friendship, relationship) with only hurt, disappointments, loss of money, and pain in return.
2. Your energy feels drained, and anxiety overcomes you when you think of continuing on the same path.
3. 80% of your problems can be solved by accepting the “Kill point,” grabbing your losses as a sunk cost, and moving forward.
With anything in life, knowing your “kill point” takes self-awareness and the ability to listen to good friends/family around you. Remember, you have support.
Yes, it’s painful to stop but the pain is temporary. Imagine how significant your distress would be if you continued beyond your “Kill Point.”
The term “kill point” is used in project management to determine whether the project should stop work or move to the next phase.
The technical team presents its case to leadership, and a decision is made on the project's life.
Additionally, if the project is stopped, the money spent to date is considered “sunk cost,” an economic term to describe: “In economics and business decision-making, a sunk cost is a cost that has already been incurred and cannot be recovered. Sunk costs are contrasted with prospective costs, which are future costs that may be avoided if action is taken.”
There, you learned a little bit of project management and economics while figuring out what your personal “kill points” are in life.