The Importance of Stop-Loss Mechanisms

An excerpt from one guy’s account of what it was like to work at Lehman Brothers:

“Would you rather have someone shit on your face, but then be able to spend the day however you please, or would you rather go to work today?” Eventually the answer for all of us was unequivocally, “Shit on the face.” So something I know now: When you’d rather have someone shit on your face than go to work, it’s probably time to leave.

When starting a job or relationship or anything that requires an investment of time, it’s always good to have a stop-loss mechanism in place. Some sort of metric to indicate when to get out. Although, things would really have to be abysmal before I might be willing to get shat on. I imagine that most people would choose to set their stop-loss threshold a bit lower. Maybe these guys were German, I don’t know.

My Time at Lehman –nickchirls


Shortly after I left Intel, a former colleague sent me a message.

I don’t like it here either, she wrote. I would rather work for a cool startup, but I’m worried I won’t be able to find opportunities outside of my field. What should I do?

I didn’t know her that well. How the hell would I know what she should do? Maybe she had to pay for her mother’s dialysis treatments and needed job security. Maybe her Restricted Stock Units were about to vest. I don’t know. I gave her the advice I would have given myself.

Quit, I replied. Lots of other jobs out there. You’ll be fine.

She didn’t quit.

I’m sure I’m not the only person she asked. Someone else probably told her that she should stay at her job, so she went with that one, because it was in line with what she already wanted to do. She wasn’t looking for life advice so much as seeking confirmation.

When I was miserable at my job, I must have asked over 30 people what I should do. The answers ranged from “Give it more time, you’ll learn to like it” to “Find yourself a rich husband” (thanks Mom!).

I kept asking more people for advice because I wasn’t getting the answer I really wanted, which was “Quit and run like hell.”

People who are unsure of themselves like being told what to do. Major life decisions are easier if it feels like someone else made the choice for you. Then you don’t have to accept responsibility if your life ends up sucking. Blame it on the person who made the decision for you.

6 months later, that same colleague sent me another message. I am really seriously considering leaving, she said. Do you think I should?

Nah, I replied. Stay where you are. Intel gives you a free backpack after 20 years of service. You wouldn’t want to miss that.

intel backpack