Thursday, November 7, 2024
HomeSigns that Your Business is Failing (BEFORE the Revenue Loss)

Signs that Your Business is Failing (BEFORE the Revenue Loss)

Published on

Fellow Entrepreneurs..Remember the days that you rolled out of bed ready to take on the new business day with glee and excitement? Do you STILL feel that way about your Small Business? If’ you’ve been doing it for a number of years… probably not. Reason? Well, they don’t call it the 7 Year Itch for nothing. It does apply to relationships but relationships of all kinds, including the one that you have with your business and you might very well be tempted to have an “affair” with a whole new business.

I read about an Entrepreneur who lived in New York and ran a bakery for 10 years. He made a lot of money but after 7 years he was burnt out and lost his joy to do it. He didn’t contemplate and make excuses forever but he held on for an additional 3 years and mapped out his plan.  He and his wife sold the business at 10 years then they moved to California’s Wine Country in Temecula Valley and opened an Art Gallery? Seems strange at first but they have events that they tie in with the wineries at their gallery. Something TOTALLY different than they were doing before and they are still very successful and they love it. Not because they picked a new business that would be successful but just the opposite…because they already KNOW how to run a successful business!!!

If any of the following apply to you, my friends it’s time to look at starting a new business.

  • You don’t wake up with the same joy or anticipation you once had and it has become a “job”
  • The industry that you work in has changed because of the economy and you are struggling to make ends meet
  • You now have way to much competition and you the client base has gotten smaller
  • You are bored with the business
  • You’re not making the money that you once did but you keep doing it because it’s “paying the bills.”
  • You are no longer interested in the field of your business.
  • It has become draining
  • You are constantly working and you feel it. (When you have a business that you “love” it doesn’t seem like you are “working”)
  • You just want to make a change

Well, it’s time to stop complaining and do a spreadsheet with what you would REALLY like to do in your new business. Whether it’s connected to what you are doing now or something totally different, you can do it. So start planning and stop complaining.

Best in Business

Kevin Ross

Latest articles

Virgin Music Group Acquires Outdustry to Expand in High-Growth Markets

Virgin Music Group, the world’s leading partner to independent artists, labels and entrepreneurs, announced...

Social Music Remix App Hook Partners with Glassnote Records

Hook, the revolutionary new AI-powered social music app that allows music fans to create,...

Leslie Whittle named Regional Content Director for Q99.7 Atlanta & 104.1 KRBE

Cumulus Media (NASDAQ: CMLS) announces that it has appointed Leslie Whittle as Regional Content...

Audacy Taps Ray Borelli as Senior Vice President of Research and Insights

Audacy has named Ray Borelli Senior Vice President of Research and Insights, effective immediately....

Virgin Music Group Acquires Outdustry

Virgin Music Group, the world’s leading partner to independent artists, labels and entrepreneurs, announced...

Sony Music Publishing Signs Global Deal with Mike Dean; Launches Partnership with M.W.A

Sony Music Publishing today announced the signing of legendary producer Mike Dean and several...

World Series Champion Jack Flaherty Breaks Ground with Custom Erewhon Smoothie Launch

Jack Flaherty, the Los Angeles Dodgers pitcher and 2024 World Series Champion, has become...

The Most Efficient Plugins for WordPress: What You Need and What You Don’t

Using WordPress plugins can significantly enhance your website’s capabilities, adding features and functions that...

Timbaland Becomes Strategic Advisor To Leading AI Music Company Suno !!!

Making yet another major move, four-time GRAMMY® Award-winning multi-platinum artist, creator, entrepreneur, philanthropist, and...

How GOOD Music Built a Legacy of Groundbreaking Talent and Vision

Discover how GOOD Music revolutionized the industry with its roster of groundbreaking artists, innovative sound, and visionary approach to music production and promotion.

More like this

Getting The IRS Phone Number and 6 Other Surefire Methods to Reach The IRS As a Small Business Owner

Getting The IRS Phone Number and 6 Other Surefire Methods to Reach The IRS As a Small Business Owner If you're looking for the IRS phone number, it's probably that time again. Tax season, aka quarterly taxes for entrepreneurs, is the time we all dread: gathering our 1065s, 1040-ES, and other financial documents to answer questions that the government already knows. More than likely you'll probably have some questions and concerns of your own and grow increasingly frustrated trying to reach the IRS. [...]

Running For Others

Thousand Oaks, CA, September 26, 2013 --(PR.com)-- Running for Others is what...

Blueseed Continues Full Steam Ahead with Bitcoin Funding

Palo Alto, CA, July 17, 2013 --(PR.com)-- Last week, the House Republican Conference...

Blavity Inc. Moves Nation’s Largest Black Tech Conference, AfroTech to Austin, TX

Blavity Inc., the diversified digital media company behind AfroTech, 21Ninety, Travel Noire, Shadow and Act, and Blavity News, announced the relocation of the AfroTech Conference - the nation's largest tech conference for Black innovators and founders - to Austin Texas. [...]

Tips for Successful Text Message Marketing for Business in 2023

Not only for marketing but also for all other communications, text messaging is becoming...

Odyne Systems Showcased Unique New Walk-In Van Hybrid Power Application at the 2013 NTEA Work Truck Show

Waukesha, WI, March 09, 2013 --(PR.com)-- Pat Davis, Program Manager of the...

Child Injured, Families Displaced in Baltimore County Apartment Fire (Video)

In the early hours of the morning, a significant fire broke out at an...

Former Marine Creates The Vet View Talk Show to Highlight the Stories of America’s Heroes

San Diego, CA, April 27, 2013 --(PR.com)-- Jovane Henry, a former Marine,...

Ratemyprofessors.com is a HOAX. Totally Fixed for Professors' Advantage

Ratemyprofessors.com is a HOAX. Totally Fixed for Professors' Advantage I wrote a very honest response...