• Tech News
    • Games
    • Pc & Laptop
    • Mobile Tech
    • Ar & Vr
    • Security
  • Startup
    • Fintech
  • Reviews
  • How To
What's Hot

Elementor #32036

January 24, 2025

The Redmi Note 13 is a bigger downgrade compared to the 5G model than you might think

April 18, 2024

Xiaomi Redmi Watch 4 is a budget smartwatch with a premium look and feel

April 16, 2024
Facebook Twitter Instagram
  • Contact
  • Privacy Policy
  • Terms & Conditions
Facebook Twitter Instagram Pinterest VKontakte
Behind The ScreenBehind The Screen
  • Tech News
    1. Games
    2. Pc & Laptop
    3. Mobile Tech
    4. Ar & Vr
    5. Security
    6. View All

    Bring Elden Ring to the table with the upcoming board game adaptation

    September 19, 2022

    ONI: Road to be the Mightiest Oni reveals its opening movie

    September 19, 2022

    GTA 6 images and footage allegedly leak

    September 19, 2022

    Wild west adventure Card Cowboy turns cards into weird and silly stories

    September 18, 2022

    7 Reasons Why You Should Study PHP Programming Language

    October 19, 2022

    Logitech MX Master 3S and MX Keys Combo for Business Gen 2 Review

    October 9, 2022

    Lenovo ThinkPad X1 Carbon Gen10 Review

    September 18, 2022

    Lenovo IdeaPad 5i Chromebook, 16-inch+120Hz

    September 3, 2022

    It’s 2023 and Spotify Still Can’t Say When AirPlay 2 Support Will Arrive

    April 4, 2023

    YouTube adds very convenient iPhone homescreen widgets

    October 15, 2022

    Google finishes iOS 16 Lock Screen widgets rollout w/ Maps

    October 14, 2022

    Is Apple actually turning iMessage into AIM or is this sketchy redesign rumor for laughs?

    October 14, 2022

    MeetKai launches AI-powered metaverse, starting with a billboard in Times Square

    August 10, 2022

    The DeanBeat: RP1 simulates putting 4,000 people together in a single metaverse plaza

    August 10, 2022

    Improving the customer experience with virtual and augmented reality

    August 10, 2022

    Why the metaverse won’t fall to Clubhouse’s fate

    August 10, 2022

    How Apple privacy changes have forced social media marketing to evolve

    October 16, 2022

    Microsoft Patch Tuesday October Fixed 85 Vulnerabilities – Latest Hacking News

    October 16, 2022

    Decentralization and KYC compliance: Critical concepts in sovereign policy

    October 15, 2022

    What Thoma Bravo’s latest acquisition reveals about identity management

    October 14, 2022

    What is a Service Robot? The vision of an intelligent service application is possible.

    November 7, 2022

    Tom Brady just chucked another Microsoft Surface tablet

    September 18, 2022

    The best AIO coolers for your PC in 2022

    September 18, 2022

    YC’s Michael Seibel clarifies some misconceptions about the accelerator • DailyTech

    September 18, 2022
  • Startup
    • Fintech
  • Reviews
  • How To
Behind The ScreenBehind The Screen
Home»Startup»5 Signs You Might Want To Rethink Your Entrepreneurial Project
Startup

5 Signs You Might Want To Rethink Your Entrepreneurial Project

September 4, 2022No Comments5 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
5 Signs You Might Want To Rethink Your Entrepreneurial Project
Share
Facebook Twitter LinkedIn Pinterest Email

By Amine Rahal, entrepreneur & writer. Amine is the CEO of IronMonk, a digital marketing agency specializing in SEO.

getty

When we start an entrepreneurial project, we naturally feel a great abundance of energy—that adrenaline rush that starts as soon as we wake up and gets us up on our feet and ready to roll in an instant.

But what if we suddenly feel detached from our business plan? When we started, we were in love with the idea of turning our dream into reality, and for it to materialize in the form of success and riches. It drove us forward, made us make significant life changes and compelled us to work on it every day.

I’ve been through my share of ups and downs as an entrepreneur myself, and I’ve had to abandon some of my projects over the years. Simply put, not every entrepreneurial project is a million-dollar idea. Here are my top signs that maybe you should call it quits.

1. Your growth has faltered.

When you launch a startup, growth is fundamental to keep your business afloat and to give you the belief and conviction that this is working and going somewhere. When growth begins to stumble, you need to rethink a few things to see if you can get this important factor back on track.

You may need to rethink the product or services you are marketing. Maybe there’s some tuning up that you can do to improve the product. Or maybe you need to look for new channels to direct your marketing campaigns.

See also  Insights Into Why Fear, Anxiety And Purpose Might Just Make Gen Z The Best Entrepreneurial Generation Ever

If the above hasn’t worked, maybe you need to reassess what your best and most successful product should look like. It might not be a dramatic change in product or services, but you may need to make some changes, even at the cost of more expenses.

2. Your customer needs are different.

You need to ask this question periodically, even when sales are good. There may be another market for a product you might be missing out on—especially something that is related. When I co-founded my precious metals IRA company, we quickly realized that cryptocurrencies were going to be a big thing for investors.

We asked ourselves, “what are our investors’ needs right now that we are not catering to?” If we hadn’t, we would have missed that opportunity altogether or we would have gotten on the bandwagon way too late.

3. You need full-time help.

Depending on if you are still in the early stages of your startup or if you are in a more developed stage, this can mean different things to you. For early-stage startups, you are going to need to outsource certain tasks. True, this costs you money you may not have an abundance of, but it will also free your time up.

Outsourcing allows you to save time to do the job but also to save time you would need to learn the skills for the tasks. Getting the help you need is fundamental at every stage of your business.

Sometimes full-time helps pay for more than you might think. For entrepreneurs in more developed stages of their business, full-time help may be something you’re lacking in order to do more administrative and mechanical work. Free yourself for the imaginative aspect; it’s ideas that make money.

See also  The Secret To Running A Successful Business While Raising A Family

4. You’re suddenly looking at other projects.

This is an important message you need to listen to. Are you finding yourself too lazy to get up in the morning? When you are fully in love with your project, the energy you have as soon as you open your eyes is amazing. If you lose it, your heart is telling you something.

Are you losing interest in the actions you have to take to make your project successful? Some jobs can be tiresome or trivial, but when you have your goal in mind, you do them with a light heart. These and other signs may lead you to start looking at other projects.

Don’t resist too much. If the path you took is the wrong one, it’s cheaper in time and money to change track as soon as you realize it.

In 2009, I moved to China to provide digital marketing services to Chinese companies looking to expand into the U.S. I was there for a little more than a year when I realized it was not right for me. In fact, I was looking at other projects. And so IronMonk was born, and I haven’t regretted it since.

5. You begrudge the sacrifices made on your startup.

Having resentment for the choices you made can be a good or a bad thing. The bad is that these feelings can produce negative thoughts and lead you to stray away from your cherished project. Keep these thoughts in check. Remember, we all make choices—some for the good, some for the bad.

In either case, it leads to experience, and therefore it can be a good feeling. If we use resentment to learn from our mistakes rather than torture or punish ourselves, we can avoid the same mistake and make better choices in the future.

See also  20 Years In European VC

All entrepreneurs that I have met throughout my travels have some or all of the issues mentioned above at some point in their journey. What counts is that you can stay focused and keep your target in mind.

At the same time, be flexible, and allow yourself to change your target or the way you want to achieve your goals. Of course, we also need to have some grit—nothing valuable is easy. So, don’t lose heart when things get tough. If you love what you do, it can only be right for you.

But understand when you may have fallen out of love with your once dream project, and be flexible enough to see it if the time comes. If abandoning your project is what needs to happen, don’t be afraid to take that course of action.

Source link

entrepreneurial Project rethink signs
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Multiple Milestones As New Majority Capital Boosts Entrepreneurship Through Acquisition

September 26, 2023

Getty Images Plunges Into the Generative AI Pool

September 26, 2023

3 Hot Startup Opportunities In Augmented Reality

September 26, 2023

The ChatGPT App Can Now Talk to You—and Look Into Your Life

September 25, 2023
Add A Comment

Comments are closed.

Editors Picks

Defining the difference between leadership and management

July 6, 2022

iPad Pro 12.9in (2022) review

November 7, 2022

Konami renewed Suikoden trademark ahead of Tokyo Game Show 2022

September 5, 2022

Why Jann Wenner Let Startup Start the ‘Rolling Stone’ of Tech

October 2, 2022

Subscribe to Updates

Get the latest news and Updates from Behind The Scene about Tech, Startup and more.

Top Post

Elementor #32036

The Redmi Note 13 is a bigger downgrade compared to the 5G model than you might think

Xiaomi Redmi Watch 4 is a budget smartwatch with a premium look and feel

Behind The Screen
Facebook Twitter Instagram Pinterest Vimeo YouTube
  • Contact
  • Privacy Policy
  • Terms & Conditions
© 2025 behindthescreen.uk - All rights reserved.

Type above and press Enter to search. Press Esc to cancel.