By: Mitch

Mitch — Tue, 30 Jun 2009 15:02:56 +0000

I can’t say I disagree with any of the above advice. Coming out of college, I tried starting my own business and it went absolutely no where. My parents urged me to get a job at a big company but I told them I just can’t work for anyone but me. My fiance was basically supporting us while I struggled to earn a negative profit. Long story short, I experienced many of the signs you wrote about signaling it was time for me to give up on my business. I decided to take one last shot, but this time, I was going to put in the time and really research what I need to succeed as a young entrepreneur. I came across a bunch of books that actually gave me some really good tips to succeed as a young business starter. It’s been a few years now, but I think one of the books that really helped was called something like Young Guns. Anyway, what I’m trying to say is, if you’re about to throw in the towel, or you just need some help getting your business going, do the due diligence before quitting and maybe try learning a thing or two from people who have been in your shoes and have succeeded.

Comments on: When to Admit a Startup is a Failure

By: Mitch