When I Feel Like Giving Up On My Business [Ep 44‪]‬ Live - Build - Change the Christian faith and business show

You know somebody once told me, “Never make decisions when you're under the cloud - wait until the sun comes out. “
And that is great advice. Get some space away from the situation.
Let me tell you about the time I most felt like quitting my business...
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When I feel like giving up on my business… OUTLINE [0:00] Changes to this podcast in 2018 [2:48] A time when I felt like quitting my business [4:37] What should you do when you want to quit? [6:21] Why it’s important not to make decisions when you’re under the cloud [7:18] What if God DOES show you that you’re on the wrong track? [8:18] If you’re going to stick out out - go into “learning mode” [10:18] Why making the same mistake repeatedly is inexcusable in business I think it was about a year and a half into my business, Podcast Fast Track that some events happened all kind of right in a row that made me want to quit. I was discouraged, I was down, there were things that made me doubt myself and my abilities - and whether or not should have started this crazy entrepreneurial journey in the first place.
In particular the thing that made me want to quit was that I had a client who canceled his subscription to our podcast production and show notes service. Then another one. Then another one. Three customers in a row who bailed out.just when I thought I'd been doing a really good job for them.
To be honest I saw the first one coming.
The businesses had been growing pretty rapidly and I was scrambling to keep up with the workload. I was trying to create systems so that I could bring others on to help me out - I was doing all of that at the same time.
It was during that time frame I'd made a handful full of mistakes on that particular client’s work. I made the mistakes, not my team, me.
It's strange how that happens - all of the mistakes happening on one client's account. I mean if they'd been spread out over two or three client, I don’t think I would have lost any of them. But that's how it all started, that's how I began wondering if I should quit my business.
Then when the second client cancelled her subscription, and the third one just on the heels of that, you can imagine my state of mind. I mean if you've been there before you're asking all kinds of questions…
What am I doing wrong? Maybe be I'm am no good at this. Maybe I should have taken on the risk of starting my own business in the first place. And sometimes the worst case scenario you hear in your own mind… “This just isn't going to work.”
What should you do when you hit that point?
And if you haven't hit that point yet and you are starting a business, I’m pretty certain you will come to everyone.
So I want to answer the question here, “What do you do when you want to quit your business?” The first thing I would say is you need to get some space from the issue. I learned the hard way that I don't make good decisions or good assessments when I'm in the pit of despair. You know I had to get some space, to get away from the situation for a little while so that I could look at it unemotionally even eventually, dispassionately.
Because I want to see what's really happened, not what I feel has happened. When I was able to do that in the situation I told you about here's is what I was able to see...
Number one, the first client’s issues were entirely my fault.
I had made mistakes.
He lost trust in me - and trust is the most valuable thing that I can give to a client so that was completely understandable. That he said, “No thanks, we're gonna to handle this another way” is completely understandable.
The second client was reorganizing his business and decided the podcasting didn't fit into his plans. Okay, that kind of thing happens in any type of business there's nothing I can do about that one.
The third client was in the middle of some heavy