Time to Leave Your Business
Time to Leave Your Business – For those of us who have succeeded in business we know that feeling of leaping out of bed and looking forward to the day. There is nothing like it, we are in control of our own destinies, passionate about what we do, but what happens when that passion is gone? Especially when you are still successful. Is there such a thing as “business burn out?” Yes, here are some ways to cope with it.
Hire Others to Run the Business
This is how MOST major corporations become MAJOR corporations. The owner cannot keep doing all the work himself or he or she WILL get burned out. I know it’s so incredibly hard to trust others to run your business but if you are not ready to or cannot sell this is a great option to free you up to do other things.
Sell the business
If you are still having success with the business and you’re burnt out this is a GREAT time to sell. Think of who would benefit most by buying your business FIRST. KNOW THE business‘ VALUE then approach those who you feel would benefit.