In This Episode
If it hasn’t happened to you yet, it will. At some point in your life of owning a business there will be periods when it feels like no matter what you do everything seems to be going negative. It could be personal things like health (yours, family, friends) or spouse or kids relationship issues. On the business front it can cover anything from the overall economy going up or down, your particular industry experiencing consolidation or dealing with additional regulations, customers terminating a contract or refusing to pay, vendors not delivering on promises or pressuring you for payment, a key member of your team leaving, or a new competitor coming to town who is well funded and aggressively growing.
It’s suffocating just thinking about all of these things. Things can get dark really quick in your mind as the owner. Some panic might set in. Even some depression. So what do you do?
Well, you could always quit the business and just walk away. But assuming you don’t want to do that, you’ve got to get focused. Especially on the short-term so you can make some changes and some decisions. During the show tonight we shared several stories of clients we’ve helped through some of these dark times and how they did it. So if you’re in a dark place right now, don’t give up quite yet. Take a listen to tonight’s show and get yourself righted and moving in a better direction for you and your business!
People, Companies and Resources We Mentioned in the Show