Break ups in Business
Ever had a really messy break up? Gosh it hurts doesn’t it?!
I believe that running a business is like being in a long term relationship. You commit your whole life to that business. Long days, long nights. You invest your time and money into it and when it doesn’t work out… Well, messy break ups can happen in business too.
Whether it just hasn’t worked out, its been an epic failure or you’ve just come to the realisation that it’s time to move on; that business was your baby. You grew it from the ground up, through the highs and the lows. You probably shared the ‘L’ word way too early because lets be honest, we entrepreneurs are passionate beings – we fall hard and we fall fast. You dedicated the last however many months and years to it so when it doesn’t work out, it hurts. It hurts like hell and it can leave you feeling broken. Well it did for me anyway.
You’re left alone, questioning yourself and questioning your abilities. That nasty friend called fear comes creeping in. Oh yes, you know the one.. The one that has you doubting your every decision in life, putting thoughts in your head like, ‘it was never going to work..’ or ‘you’re a failure’. It can knock you about. After my biggest business break up, every morning was a constant battle in my mind to realise that I am not defined by my ‘failures’ which weren’t even failures anyway. I had to change my mindset – but that’s a story for another time.
Every time I’ve had a break up (and if I’m honest, there’s been a few) I’ve always been quick to jump back on the ‘dating’ bandwagon to discover the ‘next big thing’. Enter, the REBOUND relationship. While it seems like the best idea at the time, and it’s a great distraction from all the hurt, it’s often very rushed and you miss out on that all important time of reflection and learning from the last experience in business. You need to allow time to reflect on things. So each time, while I’m already onto my next idea within 5 minutes of the last, I force myself to take things slow, to learn from what happened the last time. What mistakes did I make? How could I have done that better? And most importantly, what can I learn for next time? Because, I am a firm believer that failure is just an all-important lesson on the journey to success.