How to Move on When Business Solutions Donât Work: Some Business Ideas Donât Feel Right
Article by Sharon Prosperity
I discover myself coming up with new ideas all of the time. Most of my business solutions revolve around my center mission, but not long ago I followed someone who I trusted into one of those business ideas that seemed “in line” with my mission initially, but as time passed, it just didn’t feel appropriate. I wasn’t enjoying what I was doing and lost heart in it entirely. This is a partnership that just didn’t function for me. Has something like this happened to you before?
How invested are you in your business solutions?
When you get into these scenarios, there is generally some quantity of investment. Not simply did I invest real money, but I was emotionally invested as well. As usual with all of my hair-brained business ideas, I placed my heart and soul into it. Does this situation sound familiar? I couldn’t see the forest for the trees; it’s pretty much like being in love. You know, like whenever you can’t see one thing wrong with the other person you’re in love with because you are “feeling the love”. This scenario has happened to me a handful of occasions since being in business since 1995. So, I am now really able to hone in on when this starts happening. Even after all of these years in business and dealing with this situation over and over, I continue to keep an open mind to business enterprise ideas, but I’ve become better at knowing the moment they aren’t likely to perform.
This particular time around, it literally took two weeks until I began to become acutely aware that the business idea was moving in a direction that I didn’t like. The older I get, the better I become at finding out quickly when a business idea isn’t going to work out. It’s funny how being an entrepreneur entails “gut feelings”. I know business owners that pick up on this immediately while others pick up on those feelings over time. I really feel it’s an issue of practical experience.
Here are a few aspects that I have learned to aid you in moving on from business enterprise ideas that don’t work.
Revisit or re-read your small business mission. Frequently you are likely to discover that business ideas that looked appropriate to you at the time are genuinely not in line with your business model.
Stay open-minded although you might be emotionally invested. You have to recognize problems as they arise in addition to being mindful if it’s heading in the wrong direction.
Pay attention to that inner voice. I understand that sounds odd, but most entrepreneurs typically know when there’s a red flag in business. So, don’t ignore it. I’ve got a very dear friend that did ignore these voices and ended up losing everything to the point of bankruptcy.
Know when difficulties appear if they can be corrected in a way that makes your daily life better or not. Business ideas shouldn’t be so problematic that you can’t enjoy life. So, if you see that one of your business ideas which has one dilemma after the other, it’s likely not worth the headache.
Some business ideas go against You, Inc.
I remember there was a time for me when all I considered was the profit aspect of the new business ideas that I started. I only stepped out and refocused after a period of time when the income was not what I thought it would be and wasn’t worth my time. As time went on, I have learned that income is definitely an important aspect to an entrepreneur. Ideally, that money is used for reinvesting into business ideas that do work. Having said that, knowing when the business ideas don’t make you happy may be the ideal way to know when to move on. Money doesn’t particularly have anything to do with happiness to that degree. This is a common misconception about business owners. It’s not simply all about the money.
My recommendation is to remain authentic to who you are as a person and your core values. This can enable you to to steer clear of business ideas that don’t work in the first place. Knowing your mission and values further assists with knowing when to move on and let go of business ideas that don’t work.
To your success,
Sharon Koenig
The Prosperous Lady
For the last two decades Sharon has taken five companies from to earning 6-figures! Her background in business and marketing has helped make many people prosper and realize their dreams in the brick-and-mortar world. The internet is nothing new to her. Sharon has successfully built two internet business using skills including making the actual web sites, search engine optimization as well as using the hot trends of advertising on Facebook and Twitter.
I hope that this article has been helpful to you. It is often tough to learn when it is time to move on from a business enterprise idea, especially if you are heavily invested in that particular idea. Get additional help running your business by visiting The Prosperity People Blog for more on managing your company regardless of whether your business is a traditional “brick and mortar” or an online business from an industry expert, Sharon Koenig (a.k.a. Sharon Prosperity, The Prosperous Lady) to operate and develop your business.
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