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Five Tips Letting You Know, it is Time to Leave Your Business

Time to Leave Your Business

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

Time to Leave Your 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

Time to Leave Your 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 businessVALUE then approach those who you feel would benefit.

You Can Start ANOTHER business or go Back to Work

Time to Leave Your Business

If you did it once you can do it again. Some people choose to have the stability of a 9 to 5 again, you can do that too. Don’t let insecurity stop you from making a greater move.

WAYS TO DEAL WITH COMPETITORS

Take a Much Needed Vacation

Time to Leave Your Business

The fresh perspective will do you a world of good. I once sold my house and moved across country when I was burnt out. That was a HUGE mistake. I didn’t need to uproot, I needed an excursion to Europe for 30 days. Always and I mean ALWAYS take the vacation first and if you still feel the same way when you get back, it’s time to make some changes.

Time to Leave Your Business

What Aspect of the business is Bringing you Down?

Time to Leave Your Business

Sometimes it’s not the business but certain part of it that tax us. For example, I hate collecting past due money and selling. Hire someone else to do what you hate doing or are not good at.

 

 

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