As a small business owner you have to be your own best friend. Your work team (employees) look to you for leadership and inspiration. Yes, you have a right to be frustrated, disappointed, or even feel like “jumping the track”. The hardest part of being a small business owner is that sometime you feel very alone. Unfortunately, the ultimate direction you take has to be your own, informed, decision.
Giving up a small business is not bad if you are sure that you to change direction. In order to avoid regrets for the next one, two or more years, there has to be a plan in place; a plan that has your passion and full support. Until such a plan is developed it may be better to re-invent your current business and make sure, that, if by giving up, you are not leaving your true passion behind.
If a change has to be made, buy into the fact that closing an existing business is a stepping stone to a better future. All efforts are learning experiences; sometimes we have to take the wrong path in order to find the right one. Remember that change is the only true constant in our business lives. If you love what you do and there is a need for your service/product, then stop looking at the problems and concentrate on solutions.
Whatever choice you make, step outside the business and look at your options, develop a plan, get excited about it and then implement it. The most valuable and best investment one can make in a company is to get support from a trusted adviser, who can be a guide, a support and a good listener.
If you want your life to have impact, focus on it!
Have a great day!