3 ms·
Take a vacation and get back into the game! You are catastrophizing your business. I would do the following: 1) Get to stable profitability (raise prices / fi
by theodorewiles 9y ago
Take a vacation and get back into the game! You are catastrophizing your business.
I would do the following:
1) Get to stable profitability (raise prices / find costs to cut)
2) Find adjacent markets to go after (what other stuff are your customers buying? What other stuff could your specialized team be good at?)
3) Put together a deck and sell to PE (you won’t be able to tell a unicorn story but sounds like to have a stable biz here)
You are depressed and it’s impacting your leadership. Take a vacation, find a therapist, and get back into it!
I love talking about this stuff, feel free to PM.
- muzani 9y agoI have been in that situation. Vacations make everything much worse. CEOs have a habit of facing their problems up front. A vacation runs opposite to that instinct. In the end it feels like you just wasted a lot of money and time running away from problems.
- fadzlan 9y agoI would agree that going for a vacation to run away from things can make things worse. However, if one can decide to go for a vacation to get a fresh perspective on the issue, I think that would help. Getting to a place where there are no interruptions expected may help you doing that if that is your intent. Being in the office may keep you doing the daily firefighting and you may need space to think differently.