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If Your Business is Struggling, You Do Have Options. |
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Monday, 31 December 2007 03:09 |
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 If Your Business Is Struggling, You Do Have Options.
By Jackie StewartMy husband has owned his own business for almost nine years now and It is amazing to watch how resilient he is. He owns a Real Estate and Mortgage Company and over the past year things have really started to head south for him. I have learned so much about business just watching him.
What is interesting is that he made as many bad decisions as he has good ones yet he never gives up. This past week he did something that I am sure was very tough on him, yet because of his family he did it. He sold his real estate company and he gave up his mortgage company.
He found a company to work with where he gets a very high commission and where he can rebuild his team when the time is right yet he realized after he had sunk thousands of dollars a month into keeping it going that it was time to step back and make some tough decisions.
A few days back he came to me and told me that one of his builder friends and he are buying a wine shop. At first my heart sunk because I had seen him struggle over the past few months with the real estate and mortgage companies. One part of me wants him to go back and get a âreal jobâ, yet his passion for what he does is infectious and he is like the energizer bunny when it comes to his spirit.
I could not in all good conscience tell him that I had lost faith in him or his dreams. I do doubt at times and I think that is only natural. I pray to God that this one is a winner for him. He plans to pay the bills with the mortgage business while they work as a team to build the wine shop.
I has spoken to a counselor at S.C.O.R.E. (www.score.org) and he was told that his plan is sound and the way they are building it by putting all of the capital back into the business for the first two years is very smart. Sometimes faith is the most important factor or trait that you have in business.
If your business is struggling do not think that you are failing if you step back and redirect your attention, that is life at times. Do not give up on your dream just be willing to redirect or be flexible on the plan to get you there.
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Last Updated on Monday, 31 December 2007 03:29 |
