Dads Working From Home presents question #10: When should I give up?
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Free Download - Are you a Direct Marketing FAILURE? The Barefoot Millionaires present #3 in a 10-Part Series By Richard Knowles |
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.
Dads Working From Home presents question 10 When should I give up - To learn more about this author, visit Richard Knowles's Website.
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Staging DivaDebra Gould, aka The Staging Diva®, is President of Six Elements Inc., an internationally recognized home staging company. Inspired by many requests from aspiring home stagers wanting to start similar businesses, Gould created the Staging Diva Home Staging Business Training Program. Gould has trained over 1000 Staging Diva Graduates worldwide to start staging businesses. Buying decorating and selling six of her own homes in four years lead to an interest in real estate staging which she turned into a career with the launch of sixelements.com in 2002. Since then she has staged hundreds of homes in addition to teaching home staging training. Gould is the author of several home staging resources including a series of popular ebooks made up of a Design Guide, Color Guide and Portfolio Guide. For more information about Debra Gould visit stagingdiva.com. - Visit Staging Diva's Website |
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