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This is yet another episode on business when it’s a struggle and it’s not going well. There can be times when we are in the mode of fixing the business. But there may be instances where you need to close the doors on your business because it’s not serving you. How do you determine what to do next? I hope you will learn a lot from this episode. Also, be sure to check out the resource I have prepared for you.

 8 Key Takeaways

1. Failure is only failure when you stop.
2. What it all comes down to is what you deem success and what you deem failure.
3. If you’re making progress, then you’re successful.
4. Much of the business world is about the numbers. But you must also ask yourself, are you really simply looking for a vehicle for income? Is this work fulfilling for you?
5. There may be a message within the business struggles you’re experiencing.
6. Consider making money from something you’re naturally good at. If you run a search on Google, you can find evidence that there are lots of people who are earning good money from writing, public speaking, etc.
7. A business can be a vehicle for important things like income, freedom, flexibility, and time at home with family.
8. It’s a beautiful thing to experience a failure and to use that as leverage and energy for your next project. It’s also beautiful to have gratitude for the experience of that failure because now you are wiser and smarter. Failure can be scary, but good things can come from it. It’s part of the learning process.

Quotes

“If you’ve been in a business that’s been struggling and yet you’re making progress, then there’s a degree of success there.”

“Sometimes closing the doors on a business that’s not serving you is the best thing you could do…”

Action Steps

• If it’s not serving you to continue your business, be self-reflective and bold enough to acknowledge that. Otherwise, if it’s serving you and there is hope, also be self-reflective and bold enough to double-down on your business. Make use of the resource that I have prepared for you at http://thetruthaboutliving.com/BusinessDecision/
• If an in-depth conversation about your current business and your vision for the future would be helpful to you, schedule a free call with me at http://www.TheTruthAboutLiving.com/private-coaching 

Thank you for listening!

Resource Mentioned

10 Questions: How to Make the Best Decision When Your Business Fails

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