(#397) Is It Time To Quit Or Stay The Course?
Ever been at a point in your business where calling it quits felt like the smart move to focus your energy where it truly matters? Join me in this episode as we dive into Seth Godin's "The Dip" for some game-changing insights. I'll share five key takeaways that can shake up your approach to deciding when to stay the course and when to gracefully exit. We'll break down what "The Dip" is all about and how it shows up in your business, so you can spot those make-or-break moments.
We'll talk about quitting strategically - when dropping certain things can open doors to bigger opportunities. I'll guide you through figuring out when to push through tough times and when to pivot. Plus, we'll explore simple ways to toughen up and face challenges head-on, giving you the tools to conquer the inevitable dips in your business journey.
Timestamps:
- (06:03) Understanding what "the dip" means
- (15:23) Knowing when to stick and when to quit
- (17:20) Identifying what kind of dip you're in
- (21:09) Pushing through the dip
- (24:13) Developing the tenacity to overcome the dip
Standout Quotes:
- "When you look at a dip, it's very critical for you to understand [that] if you want to get out, are you getting out for short term or for long term consequences? So for me..., if I stay in the dip, it would hurt my business long term."
- "If you look back in hindsight, and you look back at a situation that you felt like you weren't going to get out of and now you're stronger than ever..., at the end of the day, you became a better person, you learn from that experience."
- "When you're trying to master something, and you have to get uncomfortable and learn something new, that's when you have to remember how passionate you are about the product or service that you're offering."
Resources Mentioned:
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