HomeOther NewsSigns that Your business is Failing (BEFORE the Revenue Loss)

Signs that Your business is Failing (BEFORE the Revenue Loss)

Published on

starting a business

Fellow Entrepreneurs..Remember the days that you rolled out of bed ready to take on the new business day with glee and excitement? Do you STILL feel that way about your Small business? If’ you’ve been doing it for a number of years… probably not. Reason? Well, they don’t call it the 7 Year Itch for nothing. It does apply to relationships but relationships of all kinds, including the one that you have with your business and you might very well be tempted to have an “affair” with a whole new business.

I read about an Entrepreneur who lived in New York and ran a bakery for 10 years. He made a lot of money but after 7 years he was burnt out and lost his joy to do it. He didn’t contemplate and make excuses forever but he held on for an additional 3 years and mapped out his plan.  He and his wife sold the business at 10 years then they moved to California’s Wine Country in Temecula Valley and opened an Art Gallery? Seems strange at first but they have events that they tie in with the wineries at their gallery. Something TOTALLY different than they were doing before and they are still very successful and they love it. Not because they picked a new business that would be successful but just the opposite…because they already KNOW how to run a successful business!!!

If any of the following apply to you, my friends it’s time to look at starting a new business.

  • You don’t wake up with the same joy or anticipation you once had and it has become a “job”
  • The industry that you work in has changed because of the economy and you are struggling to make ends meet
  • You now have way to much competition and you the client base has gotten smaller
  • You are bored with the business
  • You’re not making the money that you once did but you keep doing it because it’s “paying the bills.”
  • You are no longer interested in the field of your business.
  • It has become draining
  • You are constantly working and you feel it. (When you have a business that you “love” it doesn’t seem like you are “working”)
  • You just want to make a change

Well, it’s time to stop complaining and do a spreadsheet with what you would REALLY like to do in your new business. Whether it’s connected to what you are doing now or something totally different, you can do it. So start planning and stop complaining.

Best in business

Kevin Ross

Latest articles

10 Best Loans for Students

10 Best Loans for Students Loans for students are a necessary evil. Student debt is at an all-time high with this year's debt reaching 1.75 trillion. While, at the same time, the nation-wide average for unemployment has skyrocketed with 6.3 million experiencing joblessness. Thus, finding promising loans with affordable interest rates is more important than ever. Sofi Fixed APR: 2.49%-7.59% Variable APR: 1.74-7.24% Maximum Loan Amount: 100% cost of attendance With a shockingly low fixed rate of 2.49% -7.59%, Sofi is the number one lender at BlogWallet. [...]

Rappers Myron Rainey and Christian Sanders Shot Dead in Ohio (Video)

https://www.theindustry.biz/wp-content/uploads/2024/11/Screenshot_372.pngOver the weekend, a tragic shooting occurred in Shaker Heights, a wealthier neighborhood in...

Who is Kevin O’Leary?

Discover Kevin O'Leary, the renowned Shark Tank investor and business mogul. Learn about his entrepreneurial journey, success strategies, and impact on the business world.

Ex Radio Jock, Stephon Ferguson, Makes Living Imitating Dr. Martin Luther King around the World

KUDOS to a former radio jock for using his radio leverage to create an amazing opportunity for himself. Stephon Ferguson, 48, discovered his amazing ability to emulate one of the greatest leaders of our time Dr. Martin Luther King by chance in the late 90s. Ferguson was mixing a vinyl recording of Martin Luther King Jr.'s famous "I Have a Dream" speech on Motown records with a beat and he was overheard by a friend who came into the room asking if that was him.” Ferguson told ABC News. [...]

How Skillshare Democratized Learning and Created a Global Community of Creators

Discover how Skillshare revolutionized online learning, empowering millions to explore their creativity and learn new skills in a vibrant global community of creators.

The Birth of Native Instruments: How They Changed the Landscape of Digital Music Production

Native Instruments revolutionized digital music production with innovative software and hardware. Discover how this tech pioneer transformed the industry landscape.

Chicago Budget Passes Amid Migrant Spending Chaos (Vidoe)

In a tumultuous session held at Chicago City Hall, the Chicago City Council narrowly...

Entrepreneur Mistakes: Unimportant Interruptions

Do not allow anyone to throw your day off. Nothing like  unimportant interruptions For some odd reason, many people think that black entrepreneurs do nothing but sit around and twiddle our thumbs and wait for money to come in. I guess this is why we get unimportant interruptions during the day? They are really under the impression that because we do what we love we're not working. And part of that is correct, we're not working. But we're always busy and we never sleep. [...]

10 Tips on How to Improve and Make More Money with Your Business

One of the greatest complaints and challenges in business is almost always money. We...

How to Manage Your Business Calendar Automatically with Tech

Discover smart ways to streamline Business Calendar Management using automation tools and tech solutions. Save time and boost productivity with these essential tips.

More like this

Independent Filmmaker Sees Quick Traction for Kickstarter Campaign

Van Nuys, CA, September 20, 2013 --(PR.com)-- “Conceiving and filming a Kickstarter campaign...

Morehouse College, Prairie View A&M University & Spelman College Receive $3M in Grants from …

Morehouse College, Prairie View A&M University & Spelman College Receive $3M in Grants from Carnegie, Mellon and Rockefeller Foundations to Support Faculty Development Morehouse College, Prairie View A&M University and Spelman College announced today that they are the recipients of $3 million in grants from the Carnegie Corporation of New York, The Rockefeller Foundation, and The Andrew W. Mellon Foundation to support the development of faculty on their campuses. [...]

Police Question Murder Suspect Who Walked Away Covered in Blood (Video)

https://www.theindustry.biz/wp-content/uploads/2024/11/Screenshot_371.pngIn a shocking and gruesome case in north Houston, 52-year-old Alvaro Lobos is wanted...

4 Reasons Entrepreneurs Must Steer Clear of Negative People

Feeling drained and down lately? Who have you been keeping company with? Ultimately, we all want two things in life... to feel good and to have control. We can't always have either, both or one of the other at all times when it concerns others but we CAN CONTROL how WE FEEL. I could literally end the whole story with that last sentence because it's JUST THAT SIMPLE. [...]

Carol’s Daughter Sold to L’Oreal

L'Oreal USA announced today the signing of a definitive agreement to acquire Carol's Daughter. Headquartered in New York City, Carol's Daughter is a premier American multi-cultural beauty brand with a pioneering heritage in the natural beauty movement. Created by Lisa Price in 1993, the brand caters to a diverse, rapidly growing market and has established a loyal consumer following across the country. Following a multi-channel distribution model, Carol's Daughter offers a comprehensive range of products that are available at specialty beauty stores, mass retailers, on HSN, through e-commerce and at Carol's Daughter branded stores in New York City. [...]

Charlotte black entrepreneur from Buffalo gets ill, daughters run business

It started during his morning commute – a tightness in the chest, shortness of breath, clenched jaws and an overall sense of disorientation. So by the time Charlotte-area restaurant owner Kirk Weaver got to his shop, he knew something bad was happening. Aside from death itself, sudden and debilitating illness is one of the threats that black entrepreneurs generally fear most. Who will do all the necessary work if the owner goes down sick? But not all such stories end in despair. [...]

hegwood1

PR “Public Relations” and 5 Incredible Things That Every Entrepreneur Should Know About It

PR "Public Relations" and 5 Incredible Things That Every Entrepreneur Should Know About It Anybody who’s on social media is in some way involved in PR or public relations, whether by leveraging likes with the perfect edit of a photo or building followers with curated content that creates FOMO (fear of missing out).  However, with so much of our lives and businesses on social media, it’s easy to lose favorability with our followers, by posting an image that offends some or by writing a post that rubs others the wrong way. [...]

Silver Fox CEO Promotes Entrepreneurism to Students

Welwyn Garden City, United Kingdom, October 02, 2013 --(PR.com)-- Nick Michaelson, CEO of...