Knowing When to Walk Away: The Hardest Lesson in Business and Life
Introduction: The Stigma of Quitting
For years, I believed quitting was failure. I thought persistence was the ultimate key to success—that if I just pushed harder, worked longer, and sacrificed more, things would eventually turn around. Society glamorizes the never give up mentality, telling us that perseverance is what separates winners from losers. But experience has taught me otherwise.
The truth is, knowing when to walk away is just as important as knowing when to persist. In business, in relationships, in careers, and in personal pursuits, staying too long in a failing situation can be far more damaging than letting go.
This lesson didn’t come easy. It came through heartbreak, lost money, failed ventures, and years of fighting battles I should have walked away from sooner.
Why We Hold On Too Long
Looking back, I realize that the hardest part of walking away isn’t making the decision—it’s what that decision represents. Letting go feels like admitting you were wrong. It feels like all the time, energy, and money invested was wasted. But the real waste is staying in something that no longer serves you.
Here are some of the biggest reasons people hold on too long:
- Sunk Cost Fallacy – “I’ve already invested so much time and effort; I can’t quit now.”
- Fear of Judgment – “What will people say if I walk away?”
- Emotional Attachment – “This is my dream, how can I give up on it?”
- Hope for a Miracle – “Maybe if I just wait a little longer, things will change.”
- Ego and Identity – “If I quit, what does that say about me?”
- I’ve fallen into all these traps at some point. Each time, the cost of holding on too long was higher than the cost of walking away earlier.
Walking Away from Businesses That No Longer Work
One of the most painful experiences in my entrepreneurial journey was realizing that some ideas just won’t work, no matter how much I believe in them.
Take RibbonsHub, a company I co-founded with two other people. It had all the right ingredients—a solid market, a clear problem to solve, and an exciting vision. But internal issues between co-founders led to its downfall. I tried to revive it twice, once as RibbonsXP, hoping that fixing some operational gaps would make it work. But the core issue wasn’t the product—it was the team, the execution, and the market fit.
I should have walked away sooner. Instead, I spent more time and money, trying to resurrect something that was already doomed. The same happened with Quorent, my UK accommodation search startup. I saw real pain points in the market, but the business model wasn’t strong enough. I kept tweaking, kept pushing, until I realized I was holding onto an idea simply because I didn’t want to admit it wasn’t working.
The moment I walked away, I felt relief. Not because I was happy to quit, but because deep down, I knew I was free to move on to something better.
Walking Away from People Who Hold You Back
Walking away isn’t just about business—it’s also about people.
I’ve worked with co-founders, investors, and mentors who, at first, seemed like the perfect fit. But over time, differences in values, work ethic, and vision created cracks that couldn’t be ignored. Yet, I kept holding on—thinking things would improve.
One of the biggest mistakes I made was ignoring red flags in partnerships. When working with the wrong people, loyalty can turn into a trap. I convinced myself that since we started together, we had to finish together. But the truth is, not everyone is meant to stay in your journey forever. Some people are only meant to be there for a chapter, not the whole book.
When the partnership starts draining you instead of energizing you, it’s time to walk away.
Walking Away from the Wrong Career Path
I was supposed to be an engineer. That was the safe path, the structured path—the one my family expected me to take. But I walked away from it to pursue entrepreneurship, a decision that led to financial struggles, failures, and uncertainty.
And yet, I don’t regret it.
Because sometimes, walking away isn’t about quitting—it’s about choosing yourself. It’s about deciding that a different path, no matter how uncertain, is better than staying stuck in something that doesn’t fulfill you.
Would life have been easier if I had just gotten an engineering job? Maybe. But would I have been happy? Probably not.
Walking away doesn’t always mean giving up. Sometimes, it means choosing to move toward something better.
How to Know When It’s Time to Walk Away
So, how do you know when it’s time to quit? Here are some signs I’ve learned the hard way:
> It’s Draining You More Than It’s Exciting You – When you wake up every day dreading it instead of feeling energized.
> You Keep Ignoring Red Flags – Whether it’s a bad partnership, a toxic work environment, or a failing business model.
> You’re Holding On Because of Fear, Not Passion – Ask yourself, “If fear wasn’t a factor, would I still be here?”
> It’s No Longer Growing or Evolving – If you’ve tried everything and it’s still not working, it may be time to move on.
> You Feel Relieved When You Think About Quitting – That’s your gut telling you what your brain won’t admit.
Final Thoughts: Walking Away is Not the End, It’s a New Beginning
Walking away doesn’t mean failure. It means making room for something else—something that aligns better with who you are, where you’re going, and what you truly want.
I’ve walked away from businesses, people, and career paths that no longer served me. Each time, it hurt. Each time, it felt like I was letting go of a piece of myself. But looking back, every decision to walk away was actually a decision to move forward.
So, if you’re stuck in something that isn’t working—whether it’s a business, a job, a relationship, or a dream that no longer excites you—ask yourself:
Am I holding on because I believe in it, or because I’m afraid of what happens if I let go?
Sometimes, the most courageous thing you can do is walk away.