55: Business Burnout

What happens when the business you built no longer fits your lifestyle? Make a graceful exit. What that means is going to be different for each person and each business. Burnout can happen for any number of reasons. Industries change and grow. People change and grow. New technologies can cause havoc or make your business so simple, you need something more to do. Whatever the reason, honor the fact that you are burnt out. Take stock of your company. Can it be sold or transferred? Can it or should it be closed down slowly? Who will take care of your customers? Unless you just won the billion-dollar lottery, you’ll need to start another business or take a position in a company. The strongest way to do that is to make your exit clean, strong and without burning bridges. Creating a new business can be an evolutionary move for you or it can be just another “thing” you try and decide against. Don’t be a flake. Stick with what you chose to do long enough to gain a great reputation, become a leader and then you can move on. So yes, you can burnout. But unlike the job your parents or grandparents took way back when that they had to stick with until retirement, if you play it right, you can change and grow. http://www.together247.net