How do I know when to stop or change direction?
Not every idea leads to a sustainable business. If motivation fades or results don’t meet expectations, consider a change.
- Monitor profitability and motivation
- Pivot if the original idea doesn’t work – many businesses evolve
- It’s okay to stop – entrepreneurship is a learning experience
Not every idea leads to a sustainable business. If motivation fades or results don’t meet expectations, consider a change. Seek sparring and support. Often, just adjusting your target group or service can improve things.
Stopping is not a failure. Every entrepreneur learns valuable lessons along the way.
Business Advisor
Antti Alasaari
- Running companies, changes in ownership
- Ostrobothnian Business Transfers project
- Regional responsibility: Laihia, Isokyrö
Business Development Director
Kjell Nydahl
- Changes in ownership, running companies
- Ostrobothnian Business Transfers project
- Regional responsibility: Korsnäs