We’ve all been there. That moment when you are curling up in a ball (perhaps in reality, perhaps metaphorically) wondering why you started all this and considering closing the business.
It could be any number of reasons that got you to this point, maybe you’re not making any money yet and things are getting really tight. Maybe you’ve had a couple of not so great reviews and you’re thinking maybe you’re not cut out for it. Maybe you didn’t realise how hard you’d have to work or how many hours.
Whatever your reasons, it’s a hard plateau to hit. When I hit that stage I also felt embarrassed and if I’m being honest, a little ashamed of myself as well as deeply sad.
Who wants to admit to the naysayers that they may have been right about this starting a business thing and who wants to admit to anyone that they just haven’t been good enough?
If you’re there right now then take this as your sign to persevere, why? Because entrepreneurship isn’t about getting it right 100% of the time, it’s about wanting to be the captain of your own ship to some extent. Whether you’re side hustling, full time entrepreneuring (I know that’s not a real word it just felt right!) or even just doing the odd job here and there, there is no better feeling than earning money for yourself, by yourself with your own business. It doesn’t make it come easy though.
The good news is that all the hurdles you’re facing are surmountable, if only you can navigate them. Here are 5 good reasons for you to not quit your small business.
- You didn’t start a business because it was easy, you started a business because you could. You still can, you have a business today and you can still have a business tomorrow – it’s your choice. Owning your own business is a choice.
- You are good at the thing your business does. It’s why you started it and that hasn’t changed. You are allowed to refocus/change things and tweak your business as much or as little as you need. You can re-own that thing and let it reignite your passion for the business. You have permission to be successful.
- You can make money to keep your business afloat even if it isn’t through your business. If you have hit a point in your business where you need money to keep it (and you) afloat then that’s rubbish but it happens. You can still build your business even if you have to find other ways to make money too. There is absolutely no shame in getting a job to help support yourself and your business financially until things improve – just make sure you dedicate some time each day to the business too so that it doesn’t slip by the wayside. You can earn money in more ways than one at the same time.
- You’re an entrepreneur and that means that you can think outside the box. Give yourself a break, you have the ability to create a successful business but maybe you need to get off the ‘it should look like this’ train and ride the ‘lets give this a try’ bus instead. Sometimes it’s the unexpected that triggers the success catalyst. You have great ideas and don’t need to be stuck in other peoples perspectives.
- Remember, it’s a slow process but quitting won’t speed it up. You get to keep going, if you choose to.
If you’re wondering whether or not you should quit your business why not check out my free download here to help you decide.