Comments on: Closing my business http://www.bluntmoney.com/closing-a-business/ Wed, 07 Jan 2009 02:33:39 +0000 http://wordpress.org/?v=2.3.2 By: Aruni http://www.bluntmoney.com/closing-a-business/#comment-38479 Aruni Sat, 21 Jun 2008 01:44:59 +0000 http://www.bluntmoney.com/closing-a-business/#comment-38479 I feel your pain. I recently took a job to support my 'entrepreneurial addiction.' :-) It was a tough decision but I believe it will be for the best in the long run. You can see my post about it here: http://www.entrepremusings.com/index.php/2008/06/15/opportunity-knocked-i-opened-the-door/ Good luck and as others have said. At least you tried, you learned, and you can share your experiences with others! I feel your pain. I recently took a job to support my ‘entrepreneurial addiction.’ :-) It was a tough decision but I believe it will be for the best in the long run. You can see my post about it here: http://www.entrepremusings.com/index.php/2008/06/15/opportunity-knocked-i-opened-the-door/

Good luck and as others have said. At least you tried, you learned, and you can share your experiences with others!

]]> By: bluntmoney http://www.bluntmoney.com/closing-a-business/#comment-38465 bluntmoney Fri, 20 Jun 2008 18:51:36 +0000 http://www.bluntmoney.com/closing-a-business/#comment-38465 The easiest (and probably most profitable) way for me to continue doing this would be as an employee or contractor for someone else. I may go for that in the future, but for now I'm letting it go. The easiest (and probably most profitable) way for me to continue doing this would be as an employee or contractor for someone else. I may go for that in the future, but for now I’m letting it go.

]]> By: jeff http://www.bluntmoney.com/closing-a-business/#comment-38463 jeff Fri, 20 Jun 2008 16:54:46 +0000 http://www.bluntmoney.com/closing-a-business/#comment-38463 If it was a side business and you really enjoy the work would it be possible to find other ways to generate clients? Like internet marketing maybe? Another possibility is to team up with someone that is better at the selling and marketing side and share profits, etc. If it was a side business and you really enjoy the work would it be possible to find other ways to generate clients? Like internet marketing maybe?
Another possibility is to team up with someone that is better at the selling and marketing side and share profits, etc.

]]> By: bluntmoney http://www.bluntmoney.com/closing-a-business/#comment-38460 bluntmoney Fri, 20 Jun 2008 00:11:54 +0000 http://www.bluntmoney.com/closing-a-business/#comment-38460 That's true Matt, and I could always reopen it again in the future if I want to. Scaling back isn't really an option, since it was a side business to begin with. That’s true Matt, and I could always reopen it again in the future if I want to. Scaling back isn’t really an option, since it was a side business to begin with.

]]> By: Matt http://www.bluntmoney.com/closing-a-business/#comment-38447 Matt Thu, 19 Jun 2008 11:13:30 +0000 http://www.bluntmoney.com/closing-a-business/#comment-38447 Its a hard decision but sometimes you have to make it. Closing the business doesn't mean you can't ever do that type of work again. What about the possibility of scaling back and keeping this as a side business? Its a hard decision but sometimes you have to make it. Closing the business doesn’t mean you can’t ever do that type of work again.

What about the possibility of scaling back and keeping this as a side business?

]]> By: Dedicated http://www.bluntmoney.com/closing-a-business/#comment-38406 Dedicated Tue, 17 Jun 2008 17:04:18 +0000 http://www.bluntmoney.com/closing-a-business/#comment-38406 When deciding to sell our business, I felt almost like I was losing a child. Ownership is so personal. Even now, nearly 6 months later I'm still feeling twinges of loss. Although, to be honest, the new feelings of freedom and time are awesome. Life is just too short to work yourself to death. Another reason, selling my property is seeming so easy for me. When deciding to sell our business, I felt almost like I was losing a child. Ownership is so personal. Even now, nearly 6 months later I’m still feeling twinges of loss. Although, to be honest, the new feelings of freedom and time are awesome.

Life is just too short to work yourself to death.

Another reason, selling my property is seeming so easy for me.

]]> By: Nan Patience http://www.bluntmoney.com/closing-a-business/#comment-38402 Nan Patience Tue, 17 Jun 2008 15:11:35 +0000 http://www.bluntmoney.com/closing-a-business/#comment-38402 The reality of self employment and business ownership is, I have found, not what one has in mind when one is dreaming those dreams. The main hang-up that a lot of people have is sales and marketing--getting clients. The work itself is easy by comparison. You gave it a shot, though, and if you're putting in a ton of work and not getting enough back, and you can't see how to turn it around, then yes, it's time to cut it loose and look for more profitable ways of working. The reality of self employment and business ownership is, I have found, not what one has in mind when one is dreaming those dreams. The main hang-up that a lot of people have is sales and marketing–getting clients. The work itself is easy by comparison.

You gave it a shot, though, and if you’re putting in a ton of work and not getting enough back, and you can’t see how to turn it around, then yes, it’s time to cut it loose and look for more profitable ways of working.

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