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Guest post by: Richard Knowles Become an Author

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I've always thought that boxing is a great metaphor for business. Picture a heavyweight contender, his whole life leading up to this fight, his title shot. Flash forward to the middle of the fourth round. He's taking one hell of a beating. He's determined, though. There's absolutely no quit in this guy, and even if it means the ultimate sacrifice, he refuses to give up.

Suddenly, after a particularly vicious, bloody series of blows, the contender's trainer leaps to his feet and throws in the towel.

Now, in this metaphor you're obviously the boxer, the ring is your business, and the guy pounding on you is your competition. Everything adds up... except the trainer.

The majority of entrepreneurs don't have somebody waiting in the wings to save them from themselves, so we must exercise great care when assessing our chance at success.

I won't bore you with a discussion of spreadsheets, P & L statements, extending lines of credit, etc. That's not the issue at hand. The issue is, when should you quit?

Some say quit when "it's not fun anymore." Horrible advice.

Others say quit when "you no longer think you can win." Cowardly. People who believe this aren't real entrepreneurs.

In my opinion, you never quit. You can adapt, retrench, restructure, or whatever you want to call it. Just don't quit! The world doesn't need another pencil-pushing desk jockey. Your family needs you to be more than average, more than a clock watcher. You took the leap, now see it through.

They say there are only two kinds of pain: the pain of sacrifice, and the pain of regret.

Don't be that guy on his deathbed, eaten up by regret. You have one shot. Take it. And never quit.

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Referred by: http://jaykubassek.com

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