As I was thinking about this post, “The Gambler” by Kenny Rogers kept running through my mind. It’s an oldie but goodie, and I am probably giving away a little too much about my age and background by sharing it! (my sons would be sooo embarrassed!!). The Gambler, Kenny Rogers
Here at ByDesign Technologies (www.bydesign.com) we deal with all kinds of companies; mlm, party plan and direct sales. Some are billion dollar companies while others are start-ups. We have had the great pleasure of watching companies grow from absolutely nothing to huge successes and unfortunately we have also seen many crash and burn. If things are not looking positive, how do you determine if you are in an uncomfortable learning or growth curve or if you are in a tailspin you won’t recover from?
Is there ever a time to throw in the towel? Here are five ways to know it is time:
1) Have you invested more than you think you can possibly recover?
2) Are you no longer passionate?
3) Are working outside of your strengths?
4) Are you holding on so that you do not have to admit failure?
5) Have you tried everything you know to do and it is still not working?
Deciding to quit is never easy. Some quit when the ovation is the loudest. Others persevere to hear another! The best advice I can offer is to seek wise counsel. Ask someone who has gone through a similar situation and be honest with yourself.
Some trials we must walk through. Some we are not allowed to quit on, like illness or the death of a family member. (though we would all like to opt out of those!!) Others trials, like a job, a business, or a relationship give us a choice in our actions and reactions. If you decide things are not going to work out, handle it with grace. Give the decision a lot of thought and be completely at peace with the situation once the final decision is made.
Deciding to quit anything you have invested yourself (or your money) in is difficult but recognizing that quitting does not equate to failure is a great gift to yourself.
You can believe like Homer Simpson, “Trying is the first step towards failure,” or Mike Dennison, “It is better to have tried and failed than to have failed to try.”
Give me your thoughts. How do you know when it is time to quit?