When Is The Right Time To Quit?

Discussion in 'Off Topic Discussion' started by Redd, Jul 4, 2015.

  1. benecklary

    benecklary
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    Hi Thanks to provide your information. chinese shop means what are the major products you create a local maps in google mybusiness mention your list of products in description area. and choose appropriate category. when the people searching in google they will find your shop location in their map results. and also create a facebook page update your product details. this is the first step for this no much big investment needed you have invest your manpower.

    once you created your map you will receive a verification pin from google once business is verified start promoting your business i assist you if you have any problem with these steps
     
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  2. anorexorcist

    anorexorcist
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    Good question, I think that the right time to quit is when you know that you can grow up more financially if you work for somebody else, or it could be professional growth too, when you feel that you can learn more outside than where you are now.
     
  3. Ali

    Ali
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    Markets change and you have to adapt to what they want. Quitting is one thing but adapting and changing things is another, so you can quit and start something new. I would quit when you know that the time spent on it is not the best use of time of funds.

    I started an agency with a friend, but she wanted quick results and wanted to pick certain clients. I told her we take what we can first, but she didn't listen, so I stopped investing time. So while I haven't quit, I have stopped using my prime time to develop something that isn't ready. It's also about money and because a business takes time to set up, few people can make any profit immediately.
     
  4. Damien Lee

    Damien Lee
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    Patience is indeed a virtue in the business world and one must learn not be a quitter. If you quit after your first year in business, you simply shouldn't be in business. Some businesses can take up to 3 years before they are profitable, but are highly rewarding once they do. That's why I'm always prepared to discourage someone from starting a business if they are impatient, fearful or don't have any foresight.

    A business plan is vital to determine where your business will be 1,2 and even 3 years down the line providing you put in the necessary legwork. People who run unprofitable business often lack foresight, planning or could just be lazy.
     
  5. aspecialist

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    Quitting is the hardest part, but you can save your business and never think of quitting. Try to get a business consultant that will help you to increase your profit, the greater profit your business has the more strong it would be. But the question is how will you gain more profit, the answer is knowing all the strategies of a millionaire entrepreneur.
     
  6. Layla Gracia

    Layla Gracia
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    You are right, those motivational quotes doesn't help always. I think you should go with your instinct. Its only you who can manage your life. So, If you think its time you should quit then you must and try to adhere to more productive.
     
  7. kitchie

    kitchie
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    It's time to quit when you do more effort but produces less value, and when the things that you love to do are not enjoyable anymore. When you see that you gain for a while but you losses big time.
     
  8. manishsqrt

    manishsqrt
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    Till you think that you have some good reason to do a business you must do it. Keep experimenting new execution strategies and see which one is working for you. Even if you are able to pay you rent and basic expenses you should be in a business, don't shut it completely, though you may keep it cold and think of something new. Here what i mean is you should keep doing all the stuffs that you can yourself about your business. One of my business hardly earn 4-5 dollars in a month but i am still running it.
     

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