When the Going Gets Tough: Here’s Why You Shouldn’t Quit
Persevering during the teething stages of your Start-Up
Your start-up going through peaks and troughs during its development is inevitable. But how do you boost your own morale when you come up against seemingly insurmountable obstacles? We all know the importance of perseverance, but here’s why we think you should keep on going even when the going gets tough.
The First Steps Are Always the Hardest
There’s an anonymously written poem called “Don’t Quit” that really sums up the benefits of persevering, especially at the start when you are wondering why you have actually started your business:
When things go wrong, as they sometimes will,
When the road you’re trudging seems all uphill,
When the funds are low and the debts are high,
And you want to smile, but you have to sigh,
When care is pressing you down a bit,
Rest, if you must, but don’t you quit.
In a start-up, you will inevitably see the funds dip low and the debts rise high, especially in the initial stages. But taking a few minutes to “rest” and actually reflect on how far you have come, and assessing what your long-term goals are will help to re-establish what you are working towards (and why you are actually doing this!)
Challenges Allow You To Develop Strategy
Facing challenges allow you to identify 1) what went wrong and 2) what you are going to do about it. It sounds simple, but when starting a business there will inevitably be things that you overlook. Developing a strategy for overcoming unforeseen obstacles, whether it is an unhappy client over being over-budget, will ensure that you can learn from your mistakes, and hopefully don’t face them again. Keeping a log of the strategy in the long term will also allow you to forecast well into the future and develop the long-term planning you need to develop your business further.
Learning to Adapt is Essential In A Constantly Changing Market
Ultimately, persevering and adapting to challenges will allow you to become adaptable and reactive to change; something essential in a constantly evolving market. Encountering problems allow you to reassess and implement changes, and the more you do this, ultimately the more you will be able to react quickly again in the future.
Viewing changing as positive will definitely help both your mindset and your company success overall. What might seem like an insurmountable obstacle at the initial stages could quickly turn into your company’s biggest asset. Feel free to chat to us about how our London virtual office?? can help free up your time so you can respond quickly to any business obstacles you may face.