Your determination is part of what defines you as an entrepreneur. You are invested in your business and in specific ideas and opportunities to a greater degree than any regular employee could be. That’s great: it means you get things done. But is there ever a point where a small business owner needs to step away and say, ‘that’s enough of that’?
Researchers believe the answer is Yes. Fixating upon a particular opportunity can be detrimental to your health – and your business ethics. You want your business to capitalize on opportunities when they come up, but how far are you willing to go when your company name is on the line?
Or it could be your business as a whole. Are you still running the firm you established after you graduated? If it hasn’t become the success you want it to be, it’s worth taking a breath and asking yourself whether your singular determination to make your first effort a success is blinding you to other opportunities.
Researchers found that Stanford business graduates were far more likely to end up in senior management positions if they worked five or more different jobs in the years immediately after graduating. As an entrepreneur, you might benefit from running two or three different businesses before setting out on your legacy project.
Nobody wants to be a quitter – but this new infographic from our friends at NetCredit outlines some pretty good reasons why it is worth re-evaluating your goals from time to time, if you want to maximize your chances at success, health, and fulfilment.
Author
Paul Slezak
With over two decades of experience in the recruitment and human capital industry, Paul Slezak has established himself as a transformative force in the realm of leadership and career coaching, group facilitation, and talent acquisition. His unique perspective, drawn from his early career as a leader in global recruitment firms and his entrepreneurial success with his own start-up, has enabled him to make a significant impact on leaders, teams, and organizations across the world. Paul's passion for helping others achieve success and high performance is evident in his commitment to transforming leaders and their teams at local, national, and international levels. He specializes in promoting the importance of human-centered intelligence, focusing on soft skills such as authenticity, transparency, and trust to complement business-centered acumen and drive better workplace outcomes. As an impartial facilitator, Paul brings his expertise to team offsites and strategy days, ensuring alignment on goals, values, and culture while keeping participants on task. His engaging and energetic presence, coupled with his unique "entertraining" and "edutaining" delivery style, enables him to connect with audiences both large and intimate, sharing personal and professional anecdotes that inspire and energize.
