I’m SO fed up with all the ‘never give up’ crap all over social media at the moment.
It feeds this myth that if you stop doing something, you’re a loser. A quitter. There’s something wrong with you. You’re not good enough. You’ve failed. You’re not one of us.
You should be ashamed of yourself for quitting.
You just need to ‘hustle’ harder.
It’s utter bull. Seriously. But more than that, I think it’s properly damaging.
Because you know what? Sometimes, it’s OK to quit.
In fact, if what you are doing is NOT working – sometimes, it’s not just ok to quit, but it’s downright stupid to keep on doing it.
There is ALWAYS a cost to carrying on doing what you’re doing.
Let’s say you have a plan. You’re working towards your goals, you’re crystal clear on what you want – what you want your life to look like, and what your business needs to do for that to happen – and you’re taking consistent action to get there.
You have a set back. Maybe some funding doesn’t come off, you lose a client or you’re just having a tough few weeks. You’ve lost your mojo & you’re pretty fed up.
We all go through it.
In this case, it doesn’t make much sense to give up. It’s a temporary set-back in a bigger picture. You can (and will) get past it – BECAUSE you have a clear, viable plan to success that you’re working towards.
But…
- If you haven’t got a plan;
- If you know deep-down that your business model (or some part of it) isn’t viable;
- If you’ve been battling on for months – or even years – and not getting results (like being able to pull out the money you need);
- If you’ve fallen into what you’re doing (whether your overall business or some part of it);
- If the way you do things has just happened, rather than been properly planned & designed;
- If what you’re doing is negatively impacting your health; your wellbeing & your family…
…then sometimes, it really IS ok to stop.
It’s ok to admit that it’s not working & quit doing it.
Because the cost to keep doing the stuff that’s NOT working, is that you can’t then go off & do something that WILL work. And that can be a huge price to pay.
Honestly? I learnt this the hard way. For 7 years, we worked punishing 100-hour weeks, growing a business with zero margin.
Ok – not zero. But less than 10% gross (!) on our core lines, that made up 90% of our turnover.
So we kept fighting for sales, growing the business, growing the turnover.
It was unbelivably stressful. And there was never any more money left at the end of it.
I went out, got myself into Mastermind groups & educated myself relentlessly. I was convinced there WAS a way to make this work.
Sure, we made progress. Got more sales & grew the turnover. Consolidated our buying; upped our prices; squeezed another few % points of margin. Grew our team & strengthened our culture.
We ‘hustled’ harder than ever.
And it took it’s toll.
When every day is a battle – when you’re not where you want to be & not making the money you need – it sucks the life right out of you.
We had goals for that business. But looking back, they were complete & utter fiction. I was dreaming. We had no viable plan of HOW we were going to get there.
The crashing realisation came one weekend, when we got clear on what we want from our LIVES. What we want to do; the places we want to go; where & how we want to live.
And it became clear that, even if we grew the business to £10million, it would STILL not serve us with what we wanted from our lives.
I know that finding the courage to stop doing something can be really, really hard.
Whether it’s a business overall; a particular product or service that’s not performing; even a marketing strategy you’ve put SO much into.
It’s often easier to keep on going. The harder thing to do is admit it’s not working & quit (100% the case for us).
BUT I truly, truly believe your business should serve you. Not the other way around.
So if there’s parts of it that aren’t working, it’s ok to stop. We don’t have to buy into this social media ‘never give up, fight to the death’ mentality. It’s such utter rubbish.
Just because they’re your dreams, doesn’t mean anyone wants to buy them or that you have a financially viable business. There’s other ways to serve your dreams, if the way you’re doing it now isn’t working.
For us? We could’ve just carried on for another 7 years. Social media would’ve provided a truckload of affirmations & cheerleading. #NeverGiveUp #YouCanDoIt #HustleMonday etc etc etc.
But we’d pay one hell of price. Because we’d NEVER have gone on & built something better.
Now, we have a business that truly fulfils us. That adds huge value for our clients & WAY more people than our old business could ever have served. That generates sustainable, predicatable profit (in a way 10% gross margin could never have done). That gives us the freedom to travel & work from anywhere. I love it.
We had to stop doing was wasn’t working first. So if something’s not working for you, it’s truly ok to let it go, in order to do something better. Something that will serve YOU and the world around you, to live the life YOU want.
So hey! A bit different from me this week – but it there it is.
And if you want to join a proud quitter, come on over to our Facebook group, The Copywriting Project. Would love for you to join us!
Until next time