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CAN_QUITTERS_WIN
CAN QUITTERS WIN?
This article discusses a topic that every business owner hopes
to never consider, but many have been or will be faced with in
the future.
FALURE! Nobody wants to think about the unthinkable. However, if
many failed business owners would have given this subject more
thought and research, it may have saved them thousands, tens of
thousands, even hundreds of thousands of dollars.
Running a business is quite like growing vegetables. You must
know when to plant, when to water, when to pick and when, if
needed, to "burn it all down and start anew". A failed attempt
at anything is not a pleasant thought. For many an entrepreneur
there will come a time when you simply need to stop, recap your
mistakes, refocus your energies, call it quits and if you still
have the heart for it, start over. Starting over may mean
rebuilding your present business or closing those doors for good.
This doesn't mean you should give up at the drop of a dime. This
article is for those of you who have done everything you can and
it just isn't enough. It's time for you to take a good, hard
look at your business. Take an inventory of your past efforts
and accomplishments.
Here are the top "signs" to look for:
* Are you spending more than you are taking in? * Have you
drained savings to stay afloat? * Are you up to your neck in
debt already? * Surviving with Credit Cards? * Losing money and
considering a loan to bail you out? * Running out of friends and
favors to call on? * Productivity dropping? * Find yourself
disinterested in your business? * Anxiety attacks worrying about
your business? * Suffering family life? * Loss of Confidence?
These are questions that you must answer honestly within
yourself. Most know deep inside whether it's time to quit or
buckle down. You must decide for yourself. Consider this; 8 out
of 10 small business in the US will fail within two years. There
is no financial value or moral obligation to continuing a losing
enterprise. Sometimes you just need to start again.
Dealing with the failure of any kind is an often- difficult
task. Coming to term with the loss of a business can be
psychologically devastating to many. Because of this some will
simply assume that because their business failed, they are
somehow inferior and do not possess the intelligence needed or
simply are not "cut out" to operate a successful business. This
could not be further from the truth in the majority of cases.
Most simply acted on poor judgement or lacked the tools needed
to succeed.
I have yet to meet a successful business owner who has not
failed before. What's the difference between them and the
Owner-turned-9-to-5? They didn't let one setback cripple their
hunger for success. Don't you!
About the author:
"Wild Bill". Like Writing Ads? Like to Have Some Fun? Humor &
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