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When To Close A Business: How To Know If It’s Time to Move On

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I gotta be a proud business mama for a minute.

Last week, we officially graduated the 2013 class of B-School: our online business training program for modern entrepreneurs.

Our grads are from 77 countries around the world. Totally diverse in age, type of business and drum roll — we had more men than ever in the program this year!

It was truly an extraordinary experience.

We’re getting close to having 10,000 worldwide graduates — which blows my mind.

On behalf of myself and my team — we feel both humbled and privileged to play a part in helping hardworking, honest, ethical business owners in every corner of the globe reach higher levels of happiness and success.

We’ll open up early enrollment for the 2014 class later this summer. If you want details, let us know by virtually raising your hand here.

Now onto today’s episode — which is a toughie!

Imagine this…

You’ve worked really really hard to build a business you thought was your lifelong passion, but it turns out — it’s not.

The bills are piling up. The business is on life support and you need to make a clear decision: either turn things around and save your business, or admit defeat and move on.

Should you close down what you’ve poured years of your life into or do you strap yourself in and find a way to save your business?

Watch today’s brand new episode of MarieTV for help sorting through this heart-wrenching situation.

When it comes to forks in the road, your heart always knows the answer, not your mind. @MarieForleo

I’m curious…

Have you ever had to make a tough choice like this woman?

Whether in business or life…

Have you ever walked away from something and regretted it OR did you find that walking away was a huge blessing?

Leave a comment below and share your story — including the biggest take-away lesson learned.

Remember, the more detail you can share, the better. This is the best way for our entire community to benefit from our collective knowledge.

As always, thank you so very much for watching, sharing and contributing.

With love,

Marie Forleo

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Read the comments or Add yours

Kristen the 20-Something Breakthrough Coach

Eek, this is such a tough question! But the tweetable is so true (for both personal AND professional questions): “When it comes to forks in the road, your heart always knows the answer, not your mind.” It’s all about getting in touch with how you FEEL on a deeper level.

P.S. Love the Kenny Rogers sing-along!

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Elise McDowell

I loved the tweetable too Kristen! It always freakin’ comes back to how we feel aint it???!

I used to have an online biz that sold wedding dresses and also had a craft/DIY blog that I loved but found absolutely draining!

I decided (after loooooooong contemplation) to let them both go because my heart just wasn’t in it. I quickly found that I loved personal development and found my strength in teaching women how to upgrade their lives to first class and help them create a beautiful relationship with the man of their dreams.

Everything has aligned and my heart is 100% in it and what’s even cooler is that I’m slowly bringing back more DIY fun stuff onto my blog and my readers are loving it!

Follow your heart guys!

Elise xx

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Mariah Thompson

Glad to hear everything has aligned for you, Elise. I wish you continued success!

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Hinna Farooq

Yay! I SO agree follow your heart guys!! xx

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Merry

Hey Elise!

I so relate to this and find it ironic that I started out Fashion Consulting, then when to Relationship Coaching .Yet it all felt so draining and just kind of blah.

I see how it’s all served to bring me around full-circle though. I love teaching and psychology, and now I get to combine them both by helping other heart-centered entrepreneurs the ABCs of setting up an online business and the psychology of marketing and creating their site so it attracts the people they’re here to serve.

Recently, I’ve launched a new intensive where I help new speakers prepare for live speaking engagements that draws back in the image consulting which I’ve always loved.

I hear this a lot, actually, that even though where we start may not quite be “it,” many times it ends up being a part of our true calling.

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Mandi

For me, I didn’t know and it wasn’t intuitive at all. I just knew there was something standing in my way of really getting out there. I was doing well enough in my business as web designer, but my heart wasn’t in it anymore because of the stress that accompanied it. I thought that I just needed to be doing more of the marketing strategy and branding that I loved, but the transition just happening as I wanted.

From doing a free consultation with a branding coach Kristen Dominigue, who is awesome, she helped me see that no matter what I did it wasn’t going to work for me until I changed my business model. I decided to work with her and she helped me reconnect with a my past passion of helping businesses become more profitable and power through where their growth is stuck. Now I can combine all my passions to provide massive value for my clients in a way that doesn’t drain me.

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Deb

Absolutely love the tweet able, the sing a long and the Dance a Rama at the end. I also soooo believe you gotta always listen to your heart and gut when it comes to any tough decision.

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kate

I walked away from a 40 year marriage and a life of comfort and financial security. Like you said I knew in my heart that If I stayed my life would stay in a place of pain and lack. I have faced a lot of change but all of it has been an upgrade. I have never been happier. I am pursuing my love which is helping women embrace their authentic selfs and leaving behind old mindsets that keep them trapped in smallness or lack. I am living life and life abundantly and am no longer afraid that I will never get what I need. I am finishing training to be a Life Coach and growing by leaps and bounds as I embrace the principals for my own life.

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Adrienne

***Way to go, Mama!***

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Natalie MacNeil

Totally agree with you Marie that when it comes to major decisions like closing a business, the best thing you can do is listen to your inner guidance. When I closed my very first business because it was failing, I knew it for about 6 months but I was too afraid to have that difficult conversations with my business partners (who definitely weren’t the best partners for me by the way!). What I was most afraid of was that so many friends and family had urged me to not start a business in the first place, and I didn’t want to see their “I told you so looks.” It was the biggest blessing in the end because I went on to start my next venture which earned me an Emmy Award and now I have SheTakesOnTheWorld.com which I’m growing into an empire too. I might not have done these things had I not closed that first business!

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Caroline Frenette Master Intuitive Coach

Isn’t it interesting how we know (we just knoooooow) and the feeling, the contraction, the pain in the heart (or solar plexus), the sadness, the discomfort keeps increasing until we pay attention?

I’m so with you on not wanting to get the “I told you so look”.
(Don’t give me that look ya’ll I’m gonna smack ya!)
I was actually amazed at how supportive most people were when I decided to close my store & yoga studio. Was it easy? No! Clients kept pouring in to say “thank you” and to hug me. Can you say emotional?!?!

I’m so glad you did move on Natalie; you gave us She Takes On The World and it’s making a huge impact in my life and in the lives of so many other women entrepreneurs.

You’re taking on the world!

XO.

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Laura G. Jones | Link to Yourself

Marie, I think I speak for a lot of people when I say I’m super glad you decided to close that business and started SheTakesOnTheWorld.com :) We love you!

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Laura G. Jones | Link to Yourself

…and this is what happens when you don’t proofread your comments :) Marie / Natalie…

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LC | Colored Girl Confidential

I think one of the interesting points you bring up here, Natalie, is what happens when other people have invested in your business/success? That’s when you being to have even more pressure to make your venture a success even after your heart is not in it. I don’t currently have any business partners in my business but I do very much consider my husband as a “silent partner” in my business. He’s incredibly supportive and we have made a lot of sacrifices in order for me to pursue my dream so in some ways he’s almost as invested as I am.

Thankfully, I’m still very much loving my blog, coaching practice, and online community buuuuuut I can just imagine how difficult it would be to inform folks who are also invested in my business’ success that we plan on closing down shop!

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Louise

LC,
I have just closed my ballrrom dance studio and am in transition right now. I held on for two to three years longer than I should have because my husband was also emotionally and financially invested.

When i finally KNEW it was time to move on and had “the talk” with him, he came around quickly and now is completely supportive of the close and whatever my next phase of life will be. I now feel happier and lighter, and wish I had had the guts to let him know sooner how I really felt.

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Linzi Wilson

Hey LC, just wanted to connect and say that I have been through a business failure that involved letting a LOT of investors down. It was incredibly tough, but when I look back, it was the bravest decision I ever made. Happy to chat with you if you wanna talk it out xx

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Tanya Hunter

EEEEEEKKKKKK. I can not sleep at night trying to make a decision about closing my business. I have been trying to brand myself forever but, can not seem to get where, I want to be. One reason being I don’t know how to brand myself!

I want to be a houehold name that helps my clients on a personal level. I have word of mouth clients but, the word is not being spread fast enough to keep my name anywhere!

I have a few more weeks to decide if I am going to pay more money for a website that no one seems to look at because I get no calls. To top it off, I have no money to pay to keep the site operable! (I answered my own question)

I am at the economic point where I am babysitting! So troubled but, I think I will have to let it go. I’m tired of wondering, and worrying but, I think my time has come to give up on this dream and work on creating another.

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Camille Scielzi

Hi Tanya!

Before you give up completely, revisit if being an independent entrepreneur is your dream. If entrepreneurship feels like a soul calling life purpose, consider slowing down on the money expenditures on marketing until you have a clearer brand developed.

If entrepreneurship is too much, or not your dream, there are other ways to serve people with your gifts that can be just as rewarding.

This was my realization after racking up $30,000 in debt trying to launch my life coach business the last three years. Now I have a part time job to pay off that debt made during the steep learning curve of entrepreneurship 101 and also work on my business part time.

Not having to “earn money” with my coachng freed up emotional space & pressure to work on learning branding and marketing concepts at a slower pace since I don’t need to have an immediate return to pay daily bills.

Good luck!

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Veronica

Tanya,
I completely understand where you are coming from. I’m at the same point right now. But I honestly don’t want to close my business. It’s only that I’ve racked up so much debt that I feel like I’m suffocating everyday. My business just isn’t growing fast enough.

Camille, I’ve been fighting the idea of a part-time job but I’m going to have to just do it. The last part-time job was as an independent contractor and that got me in more debt rather than less. I never want to put myself in that position again. Then it’s also hard to go from business owner with control of my time and schedule to then have to be an employee again. My time to figure out a solution is running out like Tanya. I hope I can find a part-time job that will put me where you are now.

Do you mind me asking what kind of part-time job you found to help you financially?

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Marty Ward

Tanya
It is not about a website that makes or breaks you. It is about you stepping into your power and owning who you are. It is in who you are being that attracts people. For years, I chased the shinny thing and spent 10s of thousands of dollars on looking for answers outside myself. There was a point, not so long ago, that I had $7 in my bank account. What turned my success coaching business around was looking within. It is about breaking through what is holding you back from allowing yourself to step into the magnificence of you. Discovering what your talents, abilities and gifts are and how to use them is key to having the success you desire. If you don’t know what is holding you back this time and that you got what it takes to be a success, then you can have the same experience next time.

There is nothing to fix. Just more of you to discover.
Marty

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Ekaterina Ramirez

Natalie, you hit it right. Hearing “Look! I told you so!” from friends and family is the most painful for people – it’s not as much about ‘failure’ as it is about what others would say. But the fear of tough conversations shouldn’t influence our decisions when it’s time to move on.

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Crystal

Hi Natalie,

Can I ask, how did you know, or what determined for you that your business was failing?

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Melissa

Hi Natalie,

I often have bouts of emotion where I want to close my business because I am scared of failing. How does one determine the difference? How do you know if it is your passion and there are just blockages or if there is anything real behind what you are doing and you are just scared, so you want to pull out all the time?

Would love your help on this one :)

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Bri

I am struggling with this too. I am afraid to fail…but I was also afraid to fail when I started. I keep pushing, working harder, working smarter. I’ve seen some improvements in my sales and web traffic. But still, when your heart says “yes” and your head says “no”… what does one do?

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Caroline Frenette Master Intuitive Coach

Wow: you’re on fire in this video Marie!!!

I soooooooooo relate to Nathalie’s challenge as I went through the same challenge last year when I had to decide if I wanted to go another 5 years with my retail biz + yoga studio or call it quits + move on…

What absolutely helped me see clearly in this adventure was working with not one but 2 intuitive coaches for 6 months (yes!) and what I saw from the point of view of my Inner Goddess (NOT from my fears aka the Goblins) was astounding and SO clear.

I closed my store & studio in 3 months happy, clear, dancing through the process (and feeling supported by my posse + coaches) and now I am FREEEEEEEEEEEEEEEEEE!!!!

If I had not taken a new, bigger fresher perspective from my Inner Guidance I would not have seen the “true” energy behind running a retail business at this time + it’s very limited possibilities. Going within (with expert help) I was able to see a much bigger picture for my life and the impact & legacy I want to share with the world.

Nathalie, my heart is with you & I’m sending you lot’s & lot’s of warm hugs.

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Antonita

I can relate very well to your situation. I am in the process of closing my store and devoting more emphasis and time in my online store. I have been in business for 6 years online and one of those years I open a brick and mortar. Due to an illness and financial setback, I ‘ve decided to close the store. I feel really bad, but my heart wasn’t in it from the start. The store has been closed more than open, yet my online business is more successful and cost effective.

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Emelia (@EmeliaSam)

Couldn’t agree with you, more, Marie. That little voice is always the authority- it’s just that the whispers are so easy to ignore. In addition to that, we always have to evaluate whether our reluctance to quit is also influenced by the external i.e. What will everyone think? If we can put the ego aside and really concentrate on listening to our authentic voice, we ALWAYS know the answer.

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Mariah Thompson

=) I love this little nugget of wisdom: “If we can put the ego aside and really concentrate on listening to our authentic voice, we ALWAYS know the answer.”

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Emelia (@EmeliaSam)

Thanks, Mariah. :)

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Wendy ann

I love this topic. I have been there and had to reinvent myself after going through a very difficult time. That reinvention allowed me to look deep within and truly listen to my heart and live my passion. Reinvention is not the end, it is a chance to begin with a clean slate and an opportunity to Create Your Best Life!

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Sarah

Agree with Mariah – what a great quote Emelia! Ignoring our ego, and the ‘never-quit’ mentality that Marie mentions in the video can be tough, but I really think doing so leads us to the right answer!

Last year I decided to quit law school after spending tons of time and energy getting myself there. I was worried about the reactions I would get, and especially the judgments – i.e. you weren’t smart enough to hack it – even though *I* knew that was not the real story at all. After some good soul-searching you have to be okay with making the right decision for YOU, and knowing you only have to answer to yourself.

Marie, I also love what you say about ‘feeling’ what choice makes you happier. The insane relief I felt after leaving school was great validation I made the right choice.

Wishing you luck with your decision Natalie!

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Dalia

Thank you Sarah for sharing your experience it talked to me in volumes- I had the dream of entering law school, and invested a lot of money and time on trying to get a high score on the LSAT. I just took the LSAT for the third time and my score was the lowest it has ever been. I feel it’s time for me to let go of this dream, but the most difficult part for me is having to tell my family. However, I can see how my ego has me afraid because it’s saying to me I’m not smart enough and projecting it on to my family’s reaction towards me.
Thank you Marie for your video, I was feeling depress but it made me realize I should trust in my hearth. I also feel failure should be taken out of our vocabulary it’s not a productive word for our soul.

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Amber

Emelia, did you know that if you ignore your bodily thirst cues long enough they become silenced and your body doesn’t regularly alert you when you are thirsty? Well the same thing happens with inner guidance. The more you listen to it the louder and more obvious it is. If you ignore it then it gets quieter and quieter.

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Natalie Sisson

I’m currently living in Berlin for a few months and it’s an amazing startup city. Yet with all that energy and momentum, there are also a lot of businesses that are `great ideas’ on paper, but not actually making enough money.

I know I’ve met several founders recently who are making the tough decision to shut up shop and call it a day.

It’s very easy to get caught up in the daily operations of your business and working on anything and everything, and to not stop, step back and take a good long hard reality check on whether this is really a business or a job, that you’ve built for yourself.

I certainly had one of those moments when I first started out, before I started generating serious revenue. I pivoted, refocused and got back on to a much better track – but I was prepared to stop what I was doing completely.

This is a really important topic – it’s ok to stop doing what you’re doing, it does not mean you’re a failure. It just means you get to pivot and do it again the second time, but better!

Natalie

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Caroline Frenette Master Intuitive Coach

Natalie: we’re you able to see clearly + pivot on your own? Did you have any help?

It takes a lot of courage + clarity (and detachement?) to be “prepared to stop completely.”

I admire that.

XO.

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Ekaterina Ramirez

I agree with you, Natalie. Sometimes we just need to take some time to recharge and refocus. And then after a good breath of fresh air, drive comes back.

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Coco

Nice to meet you Natalie! I’m also living in Berlin, but I’m leaving for a trip along the Spanish coast now…

Will you be at the Hive conference at Betahaus?

Coco

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Ms. Pillowz

First, congratulations to all of the graduates of B School!! I am so happy for every single one of you!!! Wishing you guys success and continued blessings!

I had this same dilemma. I had a business and it was doing well, but I got totally burnt out. When I first started, I was excited and passionate about it. I worked harder in my business than in any job I’ve ever had, and it didn’t feel like work. It felt good.

After a while, I became drained. I no longer felt alive while working in the business. It got to the point that I started to dread doing it. The excitement left and I just wanted to close up shop, but I didn’t totally want to quit. So I stopped working on it, but I didn’t totally shut it down. I figured that I would take a little break, fulfill orders when they came in and not put any more effort into growing. Then I would come back invigorated. But I didn’t. The zing never returned. That was a sign for me to close.

That was one of the best decisions that I made. I didn’t try to force myself to continue doing something that I didn’t want. It was no longer in line with my purpose, so I let it go and walked away feeling a sense of relief and proud of myself.

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Tal

Yes, your heart definitely knows more than your mind when it comes to fork-in-the-road decisions!

My experience with this came when I was working at my old job. It was in line with what I studied at school, and the more I worked the less I liked the job and the entire profession itself. I had the “no winner quits” mentality, but when the stress and negativity started to affect my health, I had to make a big decision to stay or leave. My mind went a little back and forth, but every time I thought about leaving and finding a new career path, my heart felt so open and free. Finally I decided to quit and leave, and though it was so scary to make that decision, once it was made I felt SO GOOD!

Rather than feeling like a failure for being pretty much the only person who graduated from my program to jump ship in such a short period of time, I took it as a blessing that my intuition spoke so clearly to me to get me out so soon. I learned to never put any job ahead of my health, and I also learned so many lessons I can take away to my next job. By leaving, I’ve been blessed with the opportunity to explore career options that align with what I really want to do while making the world a better place. And now I know when I hear that little voice telling me to do something, I should definitely listen!

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Erin

I actually recently went through this! I was running two businesses, my webdesign business and a subscription-type box service for handmade goods. I love them both, but didn’t have the time to manage them both. I also realized (thanks to you, Marie!) that my box service didn’t fit with the life that I wanted to live. I’m actually in the process of selling the box service right now, and this will be the last month that I really manage it. It feels like a huge weight has been lifted off my shoulders AND I feel like I can still support the handmade/small businesses I love by offering them great websites–which is what I REALLY love to do anyhow.
It was certainly a tough decisions to “quit” a fairly successful business that does what I love to do (promoting small businesses!), but thanks to B-School I just refocused my webdesign business so that I can work with small businesses in a different way and still help them promote their work. It’s a win for my design clients since I have more time to spend with them now, and it’s a win for me because I can design from just about anywhere and live the life I really want!

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Wendy ann

I think a lot of us have fallen into this trap at some point in our lives. Trying to manage multiple projects that lead us to the trail of never ending circles. I finaly had to let some projects go to be able to truly follow my passion. I would have never been able to have the success with bemovementstudio.com had I not made the decision to let go of other projects. Now I only focus on what I love! I still catch myself being tempted to go off trail – but I’ve managed to keep myself and my business in check by taking time to listen to my own voice and not everyone elses.

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Marty Ward

See the post by Tanya above. She may need a second opinion on her website.

Best wishes with your web design business.

Marty

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Jen Bardall

In my senior year of college, I was a wreck. I stopped eating, stayed in bed for days on end, and it didn’t even matter to me that I was missing class. I’d cry constantly. I felt suicidal, honestly. I had the sad suspicion that my major (theatre) wasn’t going to get me anywhere, and the fact that a lot of friends had graduated and were already struggling probably didn’t help.

I beat myself up constantly for feeling this way, which only made the situation worse. I wasn’t very forgiving of myself.

Finally I got up the nerve to come clean with my parents, and they let me come home. It’s probably the best choice I ever made. Yes, dropping out of college was the best decision of my life. Sometimes I wish I’d stuck it out, but in the place I was at the time I don’t see how I could have successfully done so. I know now that I needed to step back and reevaluate my life, which I did.

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Tanisha

Jen ~

That’s rough, but wise! I dropped out of college my junior year – very depressed and it was definitely time to finally stop doing what everyone thought I should and take care of myself. It still took about 8 years to get my depression and social anxiety in check. Now, 7 years after that, I love where I am! I coach people on their personal and business breakthroughs as well as own and am the head instructor at a traditional Shao-Lin Kung Fu school. I don’t regret not getting my degree, although a part of me still hurts for the young me who hated herself and felt like a quitter on top of it all, but I have a great life! That’s not me anymore!

Good luck with whatever you choose to create for yourself moving forward! :)

~ Tanisha

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Mariah Thompson

I have a friend in a similar situation, and she’s really struggling with what could be her most difficult life decisions thus far. I will definitely have to pass this on to her!

And congratulations to all the B-School graduates! So proud of you guys. I know there are many good things to come for each of you!

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Robin Hallett

Natalie, you have something special to offer and only you can do it.

My sense is you’re being guided to shift something significant related to what you’re offering to the world.

Asking questions like, “What am I missing here?” and “What would I love to do if money/pressure wasn’t an issue?”

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beth

So true, Robin. Years ago I taught art at a community college in San Diego and the experience was just magical. And it hit me- and I shared this epiphany with my students- whatever you choose to do it life, make sure it is something that you would do for FREE because it feeds your passion, purpose and pocketbook. And then I told them that they’d better not share my sentiments with the Dean because I would call them all a bunch of liars- cuz I wasn’t about to work for ANYBODY for free in a Southern California economy.

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Laura G. Jones | Link to Yourself

Marie, I love this video. I always say “listen to your heart”, “follow your intuition”, “get in touch with your inner wisdom”. The truth is that each person has their own road to traverse in life. It’s rarely cut-and-dry, but it’s exciting.

In order to truly be successful, your business will be as unique as your personality. Oftentimes we try to push ourselves into positions that we think we should fit into, and force ourselves to stay there because of what “others will think”.

I have made many such decisions. I could be the queen of radical, unexpected, and discouraged decisions. And yes, there have been times when I have regretted some of them. Those were usually the times when I wasn’t being true to myself, and was only dreaming of acceptance and pride. When I finally stripped my ego down and started looking at my true desires, I realized that none of those decisions were bad. They were all made from the heart, and they all ultimately served me.

Nathalie, it takes courage to admit this to yourself. It’s not easy to look past the desire to continue fulfilling your initial dreams and realize that you might have new dreams to pursue. But this time is not wasted. Maybe this was exactly the step you needed to take in your journey, and now you need to take a completely different step.

Or, maybe you’re simply overwhelmed and need some time to reconnect with yourself. Maybe you feel like you’ve lost some focus in your business and need to reinvent it. What’s certain is that you need to make some changes (in your life and/or in your business), and you need to be true to yourself, now more than ever. So sit down with yourself, journal, think, walk, or dream, and just strip yourself down to the core, to find out what your next step really is.

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Danielle

What a tough place to be! Especially when it takes so much to start a business in the first place. But you do a wonderful job (as usual) at articulating how necessary and freeing it can be. One day, I even hope to be at that place :)

Congrats to the B-school grads!

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Carolyn

I just made that tough decision and it will be a few months until I know if it will work out. My business partner left and I had to choose to take on our next quarter projects alone (amazing opportunity) or bail. I chose to stay. I’m neck-deep in everything right now, but in another month I should start seeing the fruits of my labour (of love). I was soooo tempted to do B-School, but just couldn’t manage it this year – thrilled to get the heads up for the 2014 session. I’m saving up already!

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Laura G. Jones | Link to Yourself

Just wanted to give you a word of encouragement and tell you to just keep pushing through. Your power is so much greater than you think, and you are capable of 10x more than you think you are. Keep your eyes on the prize and leave some work to God/The Universe ;) I think you’ll do amazing! If this is what your heart is telling you to do, then everything will work out exactly the way it should.

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Derek Anthony Issacs

Wow! I LOVED that. My business ( magazine) is also tough, after just 2.5 years. But, no, my heart doesn’t go all light and fluffy if I think to pack it all in. Onwards and upwards for now. But just to say, the video clarified that for me.

Many thanks

Derek, Lebanon

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Victoria

Totally agree with this one, Marie. When I started my first business online I had put so much effort, time and money into it, but it wasn’t aligned with my zone of genius. You actually helped me move in another direction a couple of years ago and it was the best decision I ever made (despite being terrified). I now have a successful business that is completely different and I am so grateful for that pivot moment x

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Steve LIttle

Hey Marie – Nice job as usual. There seems to me to be another options though. Why not sell the business? I mean, even if she sells is ‘cheap’ she still walks away and moves on to the next opportunity, but she’ll either have a little cash in her pocket OR will have the cash necessary to liquidate any debts she’s carrying.

Chances are good that when she moves out, another similar biz will move in to the same facility. Why not capitalize on the the work that has already been done.

Beside…there may even be some interesting licensing opportunities in it.

Steve

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Laura G. Jones | Link to Yourself

Steve – I don’t think Marie was giving so much strategic advice as heart advice here. Nathalie was trying to decide whether to step out of the business or keep pushing through with it. Once she decides that she can look at the options she has about HOW to step out of it – by selling it, closing it down, passing it on to someone else, etc.

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Mimika Cooney

How DID you know Marie?? It amazes me how you speak to just the right pain points I’m dealing with and I so appreciate it. I’ve been in a business I (used to) love for 10 years, I put my heart and soul into it and after being in the trenches I’ve come to realize (a) it’s not my passion anymore, (b) my skills/personality/talents are better used doing other things, (c) it’s a waste of my time trying to force myself to work in my weaknesses than my strengths, (d) I can get paid my worth oing what I was BORN to do, (e) I can no longer hold back parts of my personality to suit the “norm”. So with that siad the last 12 months have been excruciating as I morned the death of a life/business I built. It’s been super hard to let go, but after burnout and loss of passion i’ve realized I have to follow my heart. Like all the stages in mourning I’ve gone threw them all (denial, anger, depression etc.) The good news is that there is always time for a do over. Back to the drawing board as I design the perfect business that I’m destined to make my life’s work!

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Eugenia Soares

First of all, Congratulations to the B-School grads! And, I have to tell you that I am moving foward with my business working hard from home, cooking for people as well, doing some “maid” work and saving my money for B-School next year. So, I will be part of your 10.000 graduates Marie… Yeiii! You guys rocked with Kenny Rogers! ;-)
I already went through this horrible feeling of being a looser, and it is so true that we are never loosers, we create a positive path and we grow a lot when we have to change our ways. I’m a 43 yo work from home mom, when I was 30 I moved to Canada (I’m from Brazil). Than, after meeting a beautiful french canadian, I decided to stay for good. Today, I have a beautiful family, I am damn “broke” but I’m capable to see the goodness and blessings before all the rest. I already change profession here, I speak 3 languages and already change business “direction” once. Was a painful and growing decision that just made me a better “me” and professional. And People: “No fear… Marie Forleo exist in our lives and she is amazing”. Thank you Marie for all your inspiration and exemple of woman. God did a really good job when he created you girl! xoxoxoxooxo

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Lynn

Oh so serendipitous to have stumbled across this!!! I’ve been wondering recently whether or not I should close down my business, but I haven’t done so yet as my heart just didn’t want to. Being honest with myself though, the energy I was putting into the business was just too much in the wrong direction. I’m now in the process of planning and trying to get it moving back in the direction it was originally started for – and I feel so much better about it! Thank you for this wee reminder – it feels like a wee sign that I am doing the right thing! :-)

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Tracey Reid

What a timely session for me! I am contemplating this VERY thing RIGHT NOW! I have appreciated all of the comments from others who have faced the same dilemma. My business is successful, but my passion is waning and I am intrigued by starting new projects that have been simmering in my mind…BUT, my current business supports my ENTIRE FAMILY (husband, kids, even extended family). Hubs even quit his lucrative job to work for mine. Big guilt and fear working here! Thanks for sharing your experiences. It helps!

Cordially,
Tracey in Kentucky

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Laura G. Jones | Link to Yourself

Tracey, I think it’s important to consider whether your passion is just waning because you need to put some more spice and excitement in what you do or whether your heart has stepped out of it completely. Maybe your business just needs a little make-over to be more in tune with your excitement right now?

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Jill Berquist

Such a great one today and great advice for Natalie. The inner voice always knows — in fact, when I did my own “purpose work” 7 years ago, it was to listen to to my inner wisdom, and help others do the same….and as a coach I do that today…Personally/Professionally there are ups and downs, but I appreciated the A or B test of you video today. I don’t feel light when I think about a whole new direction. Thank you for that today!

Natalie…you may find that there is a way to weave your passion and purpose into a different, less draining outlet…so it ends up not being a brand new thing. Creativity and a supportive community or advisors and mentors can help. Best of luck!!!

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Rhonda Lane

Thanks, Marie. This Q&A came at a time when I’m assessing what parts of my business give me joy and what don’t. I’ve decided to go against some conventional wisdom in one of those aspects “everyone” says “everyone” must do. I’m spread too thin, and I know it. What my heart is telling me to do is return to what I love and leave the rest as ballast. Thanks!

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Kyah

Love it: hard work is never wasted.

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Laura G. Jones | Link to Yourself

That was my favorite part of it too, Kyah ;)

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Khaleelah

This is a wonderful, wonderful piece, Marie. Thanks for posting! I had an experience late last year where I was considering whether or not to leave my job to do full time work. I was SO scared, but I bucked up and did it- and am not only flourishing, but found out recently the business downsized, so I dodged a bullet. It really does all come down to listening to your gut, and being a brave trailblazer just as you are! And congrats about B School, by the way!

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Gia

Wow! Get out of my head! I literally sat down in front of my computer… saying it’s time to close my business and move on? and… your e-mail came in my inbox… How does that happen, YO ??? – It’s a Tweetable
Thank you for your tips & advice because I’m ready to start fresh and start something new! After all… It’s SPRING!

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Ian

Tough 1st quarter…i learned from a young age that its harder to create demand and easier to fill it..there’s a huge difference..right? ….what i’m missing is residual..monthly revenue that keeps the personal bills paid…i’ve signed over $300,000 in business so far this year…so something’s there…just have to find where the blockage is and remove it or revise it..so in keeping with today’s theme..step back ..grab some paper..look at what is happening now..find the blockage..go in another direction..what’s working and most importantly what’s not…if there’s no passion pack it in..but not before you do the work i’ve suggested above

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Penni

Wow! Talk about ironic! This is a decision that I’m making right now. Folding up so I can move on and renew. Can’t wait for the next B-School!

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Monick Halm

I definitely relate to this q. I had a similar question regarding sticking around and muscling through or quitting. In my case it wasn’t a business – it was a legal career that I’d spent over 10 years and $100k+ in loans creating. However, the thought of staying the course filled me with dread. So I reinvented my life and career and now I coach others to do the same. Best decision EVER!

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Sylvia Adams

This is was a great post as always Marie! I would say to Natalie that you may also want to consider if you need to delegate some administrative tasks to an intern or a VA so you can focus on what you do best. I have my own business and in the early stages sometimes the “exhaustion” isn’t because you don’t want to run a business – it’s because the business is running you. If you really love what you are doing and you don’t really want to throw in the towel just yet – take a look at what part of your businesses you don’t like and figure out a way if you can delegate that to someone else. Marie has talked about this before in other videos. . .hope that helps :)

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Galina

Oh, quitting used to make me so sad. I spent many years studying 4 foreign languages and moved to China to work here. But working as a translator/ interpreter turned out to be so unfulfilling for me. I feel like there are so many really important things I need to do in life. I’m in peace…but starting a new adventure is so out my comfort zone. Which is great, of course.

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Callie

Amazing! Marie, you always know when I need some advice :)

I started a nonprofit organization a few years ago, and while it was successful, it was never sustainable (yes, nonprofits need to be sustainable too!). But I started it when I was 22 with little help or guidance, so I obviously learned ALOT. I’ve recently made the decision to shut it down because my heart’s not in it anymore. Unlike a business though, I’ve faced some criticism over how I can quit something that has the power to change kid’s lives. I think most people don’t realize that the people who run nonprofits get burned out AND need money too!

I’ve been slowly shutting down the nonprofit, and will make my official announcement soon. And I am so EXCITED, because now I’m working on starting up a business to help other people take action (something I’m pretty good at now!) whether that be in business, going traveling, or, yes, starting a nonprofit.

Thanks Marie for the insight, and the affirmation that its okay to move on!

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Geneviève Gauvin

Again Marie, we’re connected.

Last week, I took the MOST hard decision of my life: after 3 years, I closed my french blog that I created at the beginning of my Bachelor’s Degree.

I worked on this communication magazine for free with in mind that maybe, one day, it could be reeaaaally popular and known by everybody. It’s the first “job” (20h of management/week IS a job) that learn me how to deal with employees (bloggers), how to delegate, how to fire someone (yep…) and how to push my limits.

But then I realized that I wasn’t happy anymore and that my other life plans were taking too much space; I had to close the blog.

I CRIED SOOOO MUCH! Like.. yeah! I was a failure!! But then I realized that all this experience was so not lost. It was still in me and it was one of the best experience I had in my life. So I made peace with my decision.

So as I said, your post is, as usual, right on time.

Thanks, you made my day.

Gen

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Vanessa Uybarreta

It can be a hard thing to admit what is your truth. A while back I was so burned out that even though I loved what I do, I didn’t want to do it at all for a while. I needed time to recover.Sometimes it’s a matter of doing it all differently if you still love the root of your business or the skill that you bring to it. Systems, being honest with how much you want to work, your hours, etc can really change a business from a big drain to fun and freeing. It’s a process……

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Aubrey

I loved your video, as always, and this is my first time commenting. This video was so timely for me because I recently did decide to “fold’em.” It was my blog I decided to leave and it really has been a blessing post-leaving. What I loved most about your video was when you said that you aren’t a failure because you leave something and that anything you do that involves hard work is always valuable and contributes to your evolution. This is exactly how I felt when I decided to be done with my blog. I didn’t fail. I gave it my all and gained much from it. It was just time to let go. Though I enjoyed my blog the thought of not blogging and instead spending that time working on my Etsy shop, hanging out with my family and pursuing all of my dreams, made me beam with joy. That was when I knew it was time to leave. Thanks again for this video Marie!

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Nathalie Lussier

I’ve come to believe that what we walk away from is just as important as what we walk towards, in life.

There’s immense power in getting honest with yourself and then taking action to get back into alignment with what you want to achieve or create for yourself.

It takes that little bit of internal reflection or searching to make it happen… but when in doubt, write it out. That solves a lot of issues for me!

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Marília

You nailed it, Nathalie.

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jami

Boy-o-boy I would have loved to have seen this a year ago! Although I outwardly “shut-down” my business My Edible Eden, I retooled to move closer to my passion of beauty… through integrated wellness coaching. I realized I didn’t like folks to defer to my “expertise” rather than growing by doing themselves. So I somewhat recently completed two coaching programs (Roobins-Madanes & Wellcoaches) and am now looking for clients! And what’s cool, is that it’s an outgrowth of my previous business (edible landscaping) and only required $28 fee to the state for a DBA, thus avoiding all kinds of legal and financial headaches. :)

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Carolan Ross

Right on target, you nailed it, Marie. I’ve walked away completely from a few business directions, others I still use occasionally but they stay in the back seat and operate from a different perspective.

It helps to consider these changes in direction not as failures, but as stepping stones toward where we are meant to be, to value the learning and experience as well as the open mind about healthy changes and future directions.

Thanks and congrats to fellow B School grads.

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Maria

Oh, Marie.
Mmm.
What if your heart is a loudmouth and is being annoying before a serious time/work frame?

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Christina Caudill | Radiance Advisor

Excellent topic and thread! Seth Godin discusses this in The Dip. It’s called “strategic quitting” and if you’re not 100% dedicated to being the best in the world at something, than it’s best to quit and move on.

When my partner and I closed our gallery space after 10 years it was such a relief. And now we sell art work online and through art fairs and pop up exhibitions. Best decision we ever made!

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Jenna Dalton

I LOVED this video because I was in a similar situation not that long ago.

I had been a personal trainer/nutrition coach for about 4 years when I realized that my true passion was helping entrepreneurs get confident, and overcome their fears so they can build their business and be outrageously successful.

It came about after a session I had with a client where we talked a lot about her fears that were holding her back from building her dream business, and her lack of confidence in her ability to really “make it”. “Who’s going to want to work with me?” was something she kept saying.

After our chat she told me how great it felt to be supported and how much I helped her. That was all the push I needed to go for it. I have no regrets and I’m loving every second of it!

Thanks, Marie for reminding us that just because we start something, or are good at something, that doesn’t mean we should stay there forever.

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Sujata Vadlamudy

Isn’t life better when dancing? Love this video!!!!
Marie, you are right! Hard work is never waisted. It’s called experience…but you have to make heartfelt decision to see that. The best is always, always on the road ahead…

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Patience

Your Marietv episodes always seem to say exactly what I need to hear at just the right time. I am making a business transition and total life transition right now and it is difficult but the further I go towards it the lighter my heart gets. Thanks for reinforcing that.

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Tracy

I have such an emotional connection with just the title alone that I have the overwhelming urge to write a comment ~ even before I see today’s episode.

I’ve made that gut wrenching decision to close my business and not a day goes by that I don’t mourn the loss of all my creativity, my love, the passion, the dreams and yes my money. I opened an Italian restaurant with my husband and for three years it received 4 stars and was a warm place for sinfully simple food and great friendships. But with the sunshine, there was a tremendous amount of rain, sleepless nights, and eventually my dreams led to my divorce. It’s a tangled web our businesses weave with our lives. We need to be careful not to become a fly in our own passion-traps.

Having a failed business has made me such a champion for other small business owners that I’ve structured my new business model around struggling companies who need the insightful help I could have used years ago. I had a therapist once tell me, “Write your business story… put all the details and the colorful words down you want, the anguish, the pain, the struggles… Then go back and highlight ONLY the facts.” What you come out with is a few short sentences depicting the TRUE picture of your business without all the emotion. And remember to be KIND to yourself as we so easily forget that very simple act.

Only In the darkness, can you truly see the stars.

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Shari

Tracy – great words of wisdom, thanks for sharing this!

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Jessica Stone

In 2004 I made the decision to leave New York for London. It’s not because I disliked NY — on the contrary. I absolutely love it. But I really wanted to live abroad, and so I took a leap of faith. Six years later, I came back; and now I appreciate NY all the more.

Also, it seems like common sense, but it’s impossible to be in two places at once. I had to give up all of NY for London, and vice versa. Nathalie might not have her studio, but she’ll always carry that experience in her heart.

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Melissa Burkheimer

Wow Jessica – I love how you put that. Beautiful!

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Brittany

I had a wedding photography business for almost 5 years, and it was draining me, I was fat and unhappy. And even though I loved taking amazing photos of my amazing wedding clients – I was so relieved on the day when I decided it was time to close shop!

Fast forward 2 years, and it was the best decision I made. I totally changed my life, lost over 45 pounds, enrolled in school and I am now a certified health coach launching a new business and preparing for my first baby to arrive! (could not of done this with out the support of my husband!)

The story does not end either, lots of good stuff is in store for the future! So was it a good decision to close my former business? For me, YES! Best decision I ever made – and not all was lost, I have grown and learned from it, and it has made me stronger and a smarter business woman.

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Nyk Danu

Yay for bschool ( I am one of the grads). I can so relate to this I gave up a very successful career as a hairstylist, color educator & platform artist to teach Yoga full time! On the surface it would have seemed like a stupid move to most people, why give up a successful career ( and the income that goes with it ) to start from scratch doing something where I would make a lot less $ and have to start over. I was successful and unhappy it got to the point where I couldn’t ignore the little voice that kept telling me to quit. I longed to make a differance in the world to help, heal & inspire people. So I took my yoga teacher training, quit doing hair & got a joe job ( coffee shop ) pun intended and started teaching. I have never looked back, no regrets! <3

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Amandah

I totally relate to Natalie’s dilemma.

If your business is zapping your energy and it’s not paying off, it may be time to cut your losses. Maybe there’s something else that you’re meant to do. The bottom line is at least you tried. You took a risk that didn’t pay off, monetarily speaking, of course.

So…

Find something else to do, or get a day job until you figure it out. Who knows… you’re day job could lead you to something wonderful. It’s okay if you’re not an entrepreneur. I think we’ve lost sight of this in the U.S. Yes, it’s important to have multiple streams of income and diversify your investments, but there is absolutely nothing wrong with having a day job, especially one that you LOVE.

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Joanne Roy

I am experiencing this right now. We opened a second restaurant in December 2011 and it’s been a struggle the entire time putting huge financial stress on our businesses and personal relationship too. I woke up a few weeks ago in the middle of the night thinking/realizing that we need to close this 2nd restaurant before it puts any further stress and causes any more financial debt for us.

Of course, we are struggling with it and can’t seem to be sure if it’s the right decision. Are we giving up too easily? Is there a more effective way to manage the business? Oh, and for sure the ego plays a role. But Marie, you are right. There are no failures, only learning experiences for the path ahead of us so we should take what we’ve learned (which is A LOT) and use it to further our careers in something we are more passionate about.

I am a B-schooler this year and although I’ve not completed all the modules yet, I am well on my way to finding my new career. Closing 1 of the restaurants will give me more time to focus on what I really want to do as well (on a more positive note!)

And I absolutely love B-School. I have recommended it to ALL of my friends as I know they can also benefit from it too. I have learned so much!

Thanks for the great advice Marie! We agreed to make a decision by the end of this month! Wish us luck!

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Jane

Hi Marie,
As always, love the Q&A! My business is just getting off the ground and I’m holding, but this did remind me of my 22 year marriage that failed. At 15 years in, I should have folded, but I kept on holding. Regardless, I learned a lot from that relationship that has helped me and formed me. Out of it came my book, Choosing Happiness After Divorce, (subliminal message: available at Amazon) but most importantly, courage and self confidence. Qualities I lacked. Whether failed business or relationship, we LEARN if we choose to and can move on in confidence and happiness to the next big thing. I am one of your recent grads and I LOVE B-School! (Still not finished, because I’m soaking it in and learning so much I have to take my time!) Our “failures” are really our lessons if we allow them to be and just add to the incredibleness of our lives! Thanks Marie. You and your team are awesome! Love you guys!

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Michael

Natalie, WAIT!

You may be getting bad advice here.

The first thing you said in your email was that you had a “passion for dancing and teaching,” so please consider these things before throwing in the towel.

1. Nearly all decisions we make are based PURELY on emotion. The brain later uses justification to fill in the gaps so the decision FEELS rational. It’s how the brain works. Psychologists know this; great marketers like Marie know this. So please consider this every time you read, “it was the best decision I’ve ever made…”

2. If you are overwhelmed and burned out, do what ALL successful business owners who LOVE their business do: Outsource everything you hate. Seriously. You’re considering selling your business anyway. Just get rid of all the stuff you hate to do.

Imagine concentrating most of your energy on just teaching, or training dance teachers. Wouldn’t that be great?

If your entire business is built on systems you create that others do for you, you would still be “running” your business.

Good luck to you,

Michael

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Sarah

Hi Michael, this is extremely interesting point of view and I thought of it myself.

What if you can’t outsource your stuff. i.e. afford to outsource it yet? Any ideas? I mean, how do you know when it is time to outsource your stuff. THank you :-)
Sarah

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Marília

That was also the first thing I thought of, Michael. But Marie has a point in her comment when she “allows” Natalie (and many others) to consider quitting. Sometimes we just don’t quit because of a perception that if we do, we have failed. Other times we just need to adjust the route, keep moving towards a north somewhere.

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Anne McGurty

Hi Marie, This post came at a very interesting time. A friend had told me about you a couple of months ago and it’ on my “bucket list to work with you” as I don’t want to give up my business.

In the meantime, I’ve been focused on getting my passion back to marketing my company. I recently came across a grant with Intuit (http://tinyurl.com/bmlo7ax) that I am in the process of getting votes for a decision by Mary 12. Maybe you could vote for me too!

Since 2002, I started a small business specializing in business organization and strategy in Denver, Colorado. I have experienced successes and hardships during this process, and this grant is the boost I need to jumpstart my consulting business in a new city.

My company teaches and promotes skills that are valuable to any business, from large corporate clients to entrepreneurial start ups. I champion and teach organization effectiveness, communication skills, professional development, time management and process improvement, among many other business-related skills. With over 25 years experience at a senior level in commerce, I effectively assist business professionals with strategic overviews. I’ve written and published a book on effective business organization, “Lost in Your Own Office,” and am a speaker, giving presentations on how organization leads to a simplified life with lower stress and greater productivity.

Despite opportunities to work for larger corporations where perhaps the salary was more consistent like you mention here in your article, I stayed true to my vision as a small business owner. Over the last 11 years, I experienced great success. Starting from scratch in my home office in Denver, I went on to save $1 million for a software company in four months after reviewing their procurement process and integrating project managing software. I was a productivity consultant for Denver Water where internal benchmarking showed that my guidance increased productivity by 100 percent for 20 key staff members. In 2004, I was nominated as the U.S. Small Business Administration’s Person of the Year by the Colorado Women’s Chamber of Commerce and was appointed president of the Colorado chapter of National Association of Professional Organizers in 2007.

I believe I am a strong example of a woman with vision and the know-how to achieve results. And it’s perhaps one of life’s cruelest lessons, that despite hard work, accountability and success, unforeseen circumstances can change everything. A little over two-and-a-half years ago, I was diagnosed with breast cancer. This was an especially frightening diagnosis as my mother passed away from breast cancer. As a truly trying time in my life, my attention immediately focused on my health and underwent a double mastectomy. All of my personal resources were spent on medical bills. I’ve honestly have just had a difficult time regaining my footing since. Despite my strong efforts as a business woman and my status as a survivor, cancer killed my business. I have always showed up on time, had a focused and goal-orientated plan, did the work and followed through. It’s unfair to start all over. It’s as if cancer negated all that hard work in one foul swoop.
Now that I am cancer free, my attention returns to business, with a renewed perspective. I moved from Denver to Arizona, for a fresh start.

The impact of a $5,000 grant would be huge. It would help me establish myself in a new environment. I can imagine my business being “revived” with a new branding and marketing program and updated technology that would help with presentations and speaking engagements. It would tell my clients and potential clients that I am back on the market and healthy again.

This $5,000 grant will boost me to reestablish my successful small business. It will propel me forward in my new city and after such a hard-fought battle. This grant would put my business’ cancer in remission.

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Debbie Peck

I have been through this heart-wrenching decision as well. I chose to close my business after 5 years and move on. Best decision ever! I’m now doing what I’m passionate about in my social media consulting business.

One thing I haven’t seen mentioned yet is that as well as our own feelings, I can tell you that when you lose the passion, so do your customers. They feel the life-blood drain out of your business. People know instinctively when there is no more fire.

When I lost the desire to go into work every day, my customers also lost the desire to visit. You attract the feelings you are putting out, so when you put out those feelings of negative energy that says, “I don’t want this anymore”, people know this and they stop coming.

Congratulations to all the B-School grads! I wish you happiness and prosperity!

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Dana

This is so true, Debbie! People have such sensitive radars to emotions, whether or not they consciously recognize it or not. People who have lost passion for their business automatically put that ‘lack of fire’ vibe out into the universe. Sometimes, this vibe is what eventually ‘forces’ the business to close, too. (No passion = no customers= no business!) Great comment!

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Miley

This is what I’m going through right now. I have started a business a few months back but it was purely about “showing off” to my parents and peers. I put in so much effort and money. I have researched a lot and anticipated what was coming. I’m sort of realizing these days that what it lacks is my heart. I’m not really into it. It’s a retail gift shop. It was exciting at first but something is really holding me back. When I find myself creating videos involving after effects and stuff, I’m so in tune with who I really am and I feel like I can do it for free, but I’m a little bit afraid to admit it to my friends that I’m really not anymore that interested in my online gift store and that my true passion is creating cool, epic, and amazing videos for other business owners.

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Sandy

Just reading this inspired me because I may well need online videos for my business but don’t know how to get started (and frankly, am just not that interested). Your last sentence – “my true passion is creating cool, epic and amazing videos for other business owners” – sent a little jolt of electricity through me. It’s not at all uncommon for entrepreneurs to start with one idea, learn what’s working and not working, and then run in a different direction. It’s not failure – it’s learning and improving. Take it from someone who’d love to hire a person with your (true) passion – there may be something worth exploring for you here.

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Miley

Hi Sandy,

I really don’t know when my fascination for making videos started but when I imagine a thing or a scene on my mind, I find it therapeutic to put it in videos. Maybe because videos flow in such a way that captures the logic of my mind and the creative nature of my heart. It’s like being aligned or in “ONE” with something greater than myself.

And I truly enjoy co-creating short clips with other business owners because it’s magical how different ideas can be harmoniously expressed under a minute or 2.

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Fergus

I really like this answer, but dunno if it’s as easy as this, Marie. My business is 21 years old and there have been numerous times during that period when I really just wanted to call it a day.

But these days I enjoy it more than ever and it’s doing really well despite the rotten economic climate (in Europe, anyway).

I think maybe a better answer is take your heart test several times over a period of maybe, 3 / 6 months. If the answer is the same each time then maybe then it’s time to fold ‘em.

Thanks Marie. I love what you do.

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Kristie

This makes my heart wrench for her. In my early twenties I worked my tail off in a clothing boutique I co-owned with one of my brothers who lived out of town and did all of the books. After almost three years in business my family was shocked that he was getting a divorce. It turned messy and his wife who had probably seen the store 3x ever wanted everything. We knew that wouldn’t happen but even the fight in court would drain us. A month earlier I had been scoping locations for a second store and now I knew we had to close up shop.. I figured after the divorce I could reopen with a different name and wala. How naive I was haa!

The divorce took over two years to finalize. After about 6 months I began to realize how stressed I had been and how much time the brick and mortar business takes. I slowly decided that I needed more free time among other things and moved toward online income that not only allows me to not only have a business but a life.

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Fawnie

Hi Marie and Team,
I feel like throwing in a lot especially when I´m dealing with parts of my business that aren´t fun. I call it dealing with GROWN UP SHIT. When the balance between the GROWN UP SHIT and my dream of doing what I love isn´t equal, I say that I´m through and giving up. Also when I´m over worked or having financial difficulties I tend to say, “I don´t want it all any more!!” After a good nights sleep and a killer event where I see how I´ve brought so much joy into peoples lives, I snap out of it and I am ready to go on. So I just be a grown up and do the GROWN UP SHIT even if you don´t want to, and meditating helps tons! Visualising how the business should be gets my dream juices flowing
Love to all from Germany
Fawnie

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Audra Grady

I just closed my first business after just one and a half years of operation! I just knew, about nine months in, it wasn’t my hearts calling but my mind trying to make sense of what I was told I should do as an entrepreneur. But starting the business taught me everything I need to know to build up my personal brand! And so the adventure just took a new turn…

Check out what I am doing now. http://www.facebook.com/yogachangemaker

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Maria Ross

Love this Audra! Just like Marie said, every bit of hard work is never wasted and teaches us something for then next adventure. I am constantly learning from my business mistakes and letting some things die so that other ideas may blossom.

In my personal life, I broke off an engagement with a 9 year boyfriend 4 months before our wedding. I was scared and not sure, but my heart knew (damn you Marie, you’re always so on it) before I was brave enough to say we just didn’t fit well together. I still adore him…and he was one of the first people I told when my now husband proposed. I learned SO MUCH from that “failed” relationship about how to be a better partner – so much say, I even joke with my now husband every now and then that he has that man to thank for certain things he loves about me!

It’s all about taking the experience, packaging up what we can to apply to the next adventure and then galloping full steam ahead!

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Angel

You rock! I love your advice. you always give sound advice and it makes sense. You have definitely been an inspiration to me and have helped me with questions that come up.

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Alexis Fedor

I’m so grateful for this video and blog post. I just graduated from bschool and have a business that I started when I realized my marriage was starting to unravel. I love the heart of the mission of my business, but the actual product I’m selling doesn’t resonate deeply enough with me and the business is not making a profit at all. My heart is telling me to close it and start again with the same mission, but a new business model that fits my true passion, desires and gifts I have to share with the world. Needless to say, I’ve been very emotional over making this choice as my ending my marriage is tied into it. Yet, after giving it some time to rest as I took bschool and re-imagined my ideal business model, I’m now ready to let go of this last piece of the life I walked away from for the right reasons. I now know why I want to have a business and how I want to share it with the world, which will help me rebuild in all the right ways.

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Barbara

Before I talk about my personal experience, Marie, what kind of magnet is on your knee that your iPad wobbles but doesn’t fall off? It’s like a balancing circus trick and almost distracted me from the great message in the video.

Anyway, for years, I struggled to get my farm stay/country house business off the ground, trying to get state funding, looking for guests/clients, and silently disagreeing with my farmhand’s methods. Then three summers ago a friend asked me to help him write a book that he couldn’t finish. By the end of 2013, I will have authored or co-authored more than 10 books in this short three year period. I love my job! I can work from anywhere in the world, and I have great colleagues. My point is that the struggles were probably signs that I was trying to do the wrong thing. It seems we’re programmed to think if there’s no struggle, it’s not good or worth doing, however, I had to learn the difference between working hard and seeing that hard work rewarded and just being frustrated all the time. Do I sometimes still dream of running my farm stay and sharing my beautiful, peaceful corner of the world with others? Of course, for about five minutes and then I remember all the reasons it didn’t work. When friends come to visit and say “you should run a farm stay,” I tell them I exhausted all the options without moving ahead. Now I’m happy and validated with what I’m doing and if it comes this easy, there must be something right about it.

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Joanne Devereaux

Just on my 2cd cup of coffee here in CA but today’s conversation is something I know a lot about. Knowing when to make a change is not always easy and it takes more than guts to throw in the towel on a business that is your own.

Marie you make (as always) a very good point when you say, “hardwork is never wasted”. If you have experienced success in one business it will easily transfer to another. In my own life working as a photographer for
over 20 years it wasn’t easy to give it up. My story parallels many others who face decisions. http://www.nextavenue.org/article/2013-05/career-shift-when-your-field-has-seen-better-days If you have been a success once the chances are you can do it again !

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Renee Whitney

It really blows me away the way the universe works. I too have been struggling with this very question. For the past 7 years I’ve been running a very successful personal training business. Two & 1/2 years ago my husband got a promotion and we decided to move 1 & 1/2 hours away from my business. I have a great team, we call it our “Focus Family”, and we decided to keep the business open. In these two years the business still managed to grow until very recently. I’ve had some changes in staff. I know what it will take to turn it back around but I find that my “care” factor is hard to muster up these days. I feel that I would simply be doing it for my staff and the clients not because it inspires me any longer. The energy it takes to “manage my staff” makes me feel stuck and unable to move myself forward towards my own professional goals. Every time I start to move forward I get pulled back or slowed down to deal with a staffing issue. I use to have the energy and understanding to deal with this but now it just drains me.
Thanks Marie for sharing your wisdom. You’re a super star.
Time for me to meditate and trust my inner guide. The best scenario would to have a buyer appear in my life with fresh idea’s and energy to keep this wonderful business alive & growing.

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Rebecca

Hi Renee,
I have been in this very same position in my business and I really think if you have a Key staff member to utilise her and appoint her/Him the team leader so he runs the team, deals with staff issues etc (within the boundaries you set with the results in mind for what you expect of this person) I Have done this in my business and its made a world of difference I now just catch up with my team leader and keep her on then she keeps all my other staff on track. sometime when its your business you need to delegate and think is this really my strength? maybe you are so strong in this area that you need to give someone else the opportunity and challenge, you will often find the Team leader you appoint is much more engaged in their work now because its exciting the new challenge, it makes a difference sometimes having someone that works for you in the team leader roll rather than yourself, that way you can put the boundaries you like in place and as long as the results are there everything is great :) yet you wont feel as drained and stressed Hope this helps

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Maria

Hi Marie,

Great video. Thank you!

I qualified as a medical doctor and after just four years of practice I chose to walk away. At the time I didn’t know what I wanted to do with my life, I just knew that I didn’t want to be where I was.

It was a tough decision, but also one of the best I’ve ever made. Leaving medicine allowed me to do some valuable soul-searching to find out what my true passion is. Two years ago I became a writer and I feel as if I’ve come home!

I think so often we invest so much into our professions/careers/jobs/businesses that they become how we define ourselves. The thought of leaving then becomes too daunting; after all, “if I’m no longer a doctor, then what am I?”

I’m writing a book about my experiences as a doctor and I’ve been conducting a lot of interviews with people who also left or are still in the profession. It’s not pretty! So many people are overworked, stressed, disillusioned and just downright miserable!

Nothing is worth being miserable over. Our hearts know the truth; more of us should learn to listen to them.

Thanks again!

Maria

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Tracy

Hi Marie, just have to say how much I love your video’s. Particularly the fun way you start and finish them. Gives us all permission to be our true selves in our business. BSchool is changing my life, thanks so much!!

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Heather K McManamy

Yes, like the others: how timely. I don’t want to quit, but I don’t have a clear idea of why I’m doing what I’m doing. It’s certainly not for the money – the “business” end of the business really is an abject failure, and I’ve all but disappeared from my clients’ view over the last few years while I struggle with the “why” and a little bit the “how” of it all. Taking the leap to what I might do next (which looks like it might be similar, but not the same) isn’t scary, but knowing that the learning time will not be financially fruitful is terrifying. I suppose we do what we need to when we’re properly motivated, which means the key is finding the reason for motivation…

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Melissa Brown

Marie,

first of all – LOVE that dress, woman!! Looking fabulous today! :)

I am in a similar spot with my business. I started a handwritten calligraphy studio (mostly for weddings, formal events, but also for all occasions, gifts, etc.) in 2006 in northern NJ and it was really lucrative as well as fulfilling. In 2011 my husband and I relocated to Florida and so far, it’s not been making money (yet) but I feel like I need to market the heck out of it and wait for the momentum to happen. Despite the lack of funds I am networking like crazy and my passion for it tells me to keep going!

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Paula

Marie your video this morning has turned me around. I was taking my first mental steps onto the wrong side of the fork in the road. I was letting my head (and my debt) do the deciding. When you asked us to think about what leaving our business would FEEL like and then what staying with it if (when) it becomes a success would feel like, I got all jacked up again – seeing myself wildly successful, doing what I love, with so much joy I can’t even stand it – I’m back in the saddle, thanks to you. And it’s full steam ahead, Baby! You rock, Marie. Thank you for all that you do.

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kanda

I’m currently grappling with this decision also as my business is literally causing me mental illness. But my problem is that I can’t see a way out or even think of what to do next, my mind just goes back to starting the same business in another area. I think I just have a lot of emotional work I need to do ( not feeling entitled, afraid of people etc.) I got used to living on the bottom (paradoxically because I wanted to do my true passion which people seem sure to tell me it doesn’t make money) strugging to decide weather to move back in with my dad or wkhat. I feel clueless wanting to hold on so badly

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Nancy

I just did this and and almost lost my mind, my loved one and close friends because of the fear if failure (perceived) and a loss if what to do next. After spending a night in jail for a uncharicteristic anger outburst, I knew closing was the right decision. I have to file for bancrupcy, which hurts because I have never not paid my bills. It has been a week and I am relieved, but still a bit fearful of the future, but with Marie’s videos and my friends and loved ones encouragement I am making forward movement every day. I am not up for another business, so I am back looking for a job. Make your decision soon, you are too precious to allow something to destroy you, nothing is worth that! You will find a new oath, but you have to get off the negative one first! Big HUGGS to you you can do it!

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Pamela

Thanks for tackling this one, Marie. My 8 y.o. daughter watches your Q&A Tuesdays with me and we both were delighted by it–of course, her favorite part was the dancing. It made me smile too!

I have been back-and-forth about a business I have that is not as successful as I’d hoped. The feedback on my product is great, but it isn’t paying for itself. I’ve cut costs, but the drain on our personal finances worries me.

Then I started a homeopathy practice in addition! I did learn from my first experience, though, and kept the costs there minimal. However, I wondered if I was stretching myself too thin–after all, I’m a stay-at-home mom with 3 kids, 2 of whom have special needs, and I homeschool them! It’s hard to find babysitters because of the special needs. And they don’t sleep a whole lot so I need to sleep when they do. So most people think I’m a bit off my rocker … but when I explain that I do it because I have to do it, they nod and say oh, yes, they understand.

Every time I look at closing down my sewing pattern company, I am heartbroken at the thought. The reviews I get [and read on blogs] are what keep me going with it. I haven’t even released all of my patterns yet!

So I keep coming up with a “Keep Going” answer when I ask myself this question. Your way of thinking it through, though, was a helpful tool that gives me even more confidence–would I like to be done with it or to see it a success? I’d be elated to see it successful. Like I said, the reviews keep me going. I know I have a unique product and approach. I just have to find a way to get it out there.

Thank you, thank you, thank you.
Pamela
p.s., every single time I watch one of your videos, I get a chuckle out of the clip showing someone searching for Marie Forleo on Google … where the second suggestion listed is Marie Forleo age. Is that seriously the second most-searched question about you? That just cracks me up!! You befuddle people with your combination of beauty and wisdom!

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Linsi

I honestly think that anytime you walk away from something you have poured your soul into you will regret it. But that doesn’t mean you shouldn’t walk away.

Marie’s advice is similar to what I asked myself when I decided to close my business: I thought of myself running it 5 years down the road (and what it would take to get there) OR not running and starting with something new. The first thought made my chest hurt, the second got me excited and scared.

I didn’t know what I wanted to do yet, but the moment I stopped worrying about what I should be doing and thought about what I wanted to be doing, new opportunities unfolded and the business I have now is exciting and rewarding – and successful. So it was the right decision for me. And I definitely couldn’t have done what I do now without that experience!

But my previous business is painful to think about. And it left a film on my good memories. I still get people who contact me through my ‘new’ website (which is a completely different industry and is not new) because they saw something in an old magazine or blog and are trying to track it down. It literally hurts when I see that. So I agree that you need to be honest and follow what feels right, but it’s not without consequences. It’s going to hurt.

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Shannon Law

I went through this experience…I had a spa for 4 years, it was my heart and soul and my life. It was wildly successful right out of the gate but the economy tanked it (I lost 80% of my business!). I had to take a hard, honest look at was I willing to pour more marketing and sales efforts in or did I need to change business models and do something else that could give me more freedom, travel and money while I sleep. I decided to close shop and even though it was heartbreaking, it was one of the best decisions I ever made. Now, I work with speakers helping them get more speaking gigs and help them rock their events. I have a more leveraged business model that can actually give me what I want. The spa was never going to allow me to travel the world, or reach people all around the world. I lean on my experience at the spa all the time, and feel grateful for learning a valuable lesson…having the right business model is everything!

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Nikki

I’m so glad you posted a video like this Marie. I’ve been torturing myself for a looooong time over my business – it is failing for sure but I felt torn with guilt for all the work I put in, not to mention money! But you are so right – I would just LOVE it, if it disappeared – weight lifted off my shoulders! So now I know that deep down it isn’t what I want anymore. My only worry now is the money side of things – I have been keeping the business I want to fold going to keep an income coming in but it’s making me miserable! I guess I’m just unsure whether it would be a mistake folding the business before I could afford it (I dont have another job, just another business so income is unpredictable) or whether folding it would mean I had the physical and mental ‘space’ to allow other things into my life. Any thoughts anyone? x

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Sarah Lawrence Hinson

Great subject and fun and uplifting video! I especially like the deadpan guy in the music segue – sooo my sense of humor.

This has to be for me one of the best questions anyone has asked recently on Q and A Tuesday. So many of us are working so hard because we are multi-passionate and just KNOW that something is going to happen to spur us on our way – but what?

Another mentor of mine (Joseph Riggio, google if you want to see his 2 TEDx videos) has studied many behavioral models and one of the concept he puts forward is that our life can emerge or be emergent when we focus on our intuition. I’ve been thinking about this recently, I’m a B-school grad now (woot!) and realized after the first avatar exercise that I really hadn’t completely decided on a direction, have so many directions I could go and am experimenting with them with several websites online. All good experience and I’ve been giving myself a kind of online internship by studying solidly for the last 2 years…still, time to work on my five year plan and really focus on a direction so that I have something up and running by the time my girls are in college. What will emerge? It’s exciting and I really want to get to the ‘nub’ of it.

This video and the amazing B-School course have shone more light on the paths I can take. Now to head back inside and see where my heart leads.

Love and light to y’all!

Cheers
Sarah
A Mom On A Spiritual Journey!

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Rachel Henke

With so much opportunity it can be confusing to know which way to go and following your heart can feel fuzzy when you worry about paying your bills. Finding the right way for you and yes following your intuition is the best move but it takes courage to go after your dreams and not do what you’ve been programmed to think you ‘should’ do. Great message as always Marie.

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David Jani

Sometimes the reason you feel like giving up ,is because you have unsupportive spouses, who do not believe in what you do or want to do.I just got married and I work in advertising as a marketing director for a big cooperation getting above average income,but now after twenty years I really want to pursue my true passion,concert promotion and being a business coach for entrepreneurs and innovators (something I have done part-time in last 7 years)
My wife is afraid of me taking the leap and even though she pretended to be happy when I told her about my plans to quit my Job and do my thing,now that we are getting closer to June the month I want to quit a lot of negative energy and resentment seems to be surfacing and even jealousy that I have dreams other things I can do where she has no other skills outside her high paying Job that she hates, I’m sending out an S.O.S

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Dorit Suárez

Marie, you make me smile – this is exactly my question now. I have two shops and I’m thinking to close one. Well, somehow I feel sad loosing that one but I had already worked myself through the feeling of failure. The sound of option “B” fills my heart with the sense of lightness and joy (and relief) – you made my decision really clear. Thank you. Right time. Now I “only” have to find the best time and way to do it. Curious to see your next week’s video ;-)

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Kristy

Whoa… this was EXACTLY my story two years ago…

I opened up an art studio simply because I was always good at art and teaching it, so it seemed to make perfect sense. While the studio was a growing success and others praised me for ‘actually doing it’, it took me a while to admit to myself that I hated it. I felt trapped, like I had more potential beyond the four studio walls, and actually found the business and marketing side of things way more creative that the art itself (imagine that!).

So, when someone else wanted to rent the space I was in- I took the ‘out’. I packed up in 2 weeks, reimbursed my clients, and never looked back. I haven’t regretted closing that studio once. While it was challenging to roll up my sleeves and start fresh, I learned SO much about business + myself by creating that business and how to happily move forward.

It looks like a lot of peeps in the community are struggling with this! If any of you need to pick my brain about how I came to this decision feel free to email me kristy@kristyoustalet.com.

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Erin

Hi Marie! Thank you so much for putting this video out today. About half way through B-School I had a major Aha! moment when I realized that the business I was running (or, rather, limping along with) was no longer the expression I wanted to move forward with. It was hard, like Natalie, said, to let go of something that I’ve worked so hard for and put in so much money and time and effort. It’s also tough to face what on the outside appears to be a failure and that I’m quitting. However, I know–and you reaffirmed that today–that I have learned a lot and now with my new idea under my belt and the solid foundational information offered by you in B-School, that my next (ad)venture is going to be so much better because I have so much more to move on with.

Thank you! You’re amazing!!!

xoxo
Erin

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Nikki

It takes courage to branch out and follow
your heart yet it also takes courage to acknowledge your intuition and heart when you are no longer in alignment with your once dream.
I have had to make similar decisions and what I found to be the most helpful was to have a supportive and non-judgemental team to just listen and hold space while you go through both the pragmatic and emotional steps to move forward.

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Annching

Totally needed to hear this right now. I just closed my fashion line, the business that was my dream since I was a little girl. It was such a tough time for me, to admit that I did not like running that business at all…but I did it because my heart just gave up, and I am now pursuing something else.

I do have moments of regret though, and I am wondering what-if..but I am much happier now, and working more in my zone of strengths, which has always been writing and research.

Although it has been tough making the transition, and it does like I’m starting from scratch I know that many lessons both tangible and abstract have been learned.

I wrote a blog post about making the transition that may help anyone going through the same thing: http://www.thedistillerist.com/a-welcome-letter/

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Cindy

I learned from closing a biz that your greatest
achievements come from those perceived failures. Those
“failures” become the greatest lessons in life.
Thanks, Marie!

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maureen

I love this! I to try to view failures as “lessons learned” instead of just a negative. And, sometimes we fail at something because it is the universe’s way of pushing us into the direction of where we should be going… where we will be the happiest.

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Krista

Oh I have SO been there! My husband and I started a coffee shop in a small seasonal town (summer tourism) 7 years ago. Neither of us had any food industry experience but we busted our arse and created the cutest (and very popular) place. Our customers LOVED us. We got thank you cards in the mail!
When our first Autumn came… it was a ghost town. We had delusions that the locals would support us- NOT. We weren’t going to make any moolah for 8 months of the year!
After three summers I realized it was time to move on, we had little kids who were growing up fast, my husband and I were ready to “kill” each other (business with a spouse? wise choice?) and to top it all off, I got a cancer diagnosis. I was totally stressed out. It was time to RE EVALUATE!
So, we closed it down.
It was a hard decision after working so hard and hearing from so many people how much they loved us, but in the end it just was not serving us and our life energy. It was time to say good-bye.
Regrets? Not really. We made some great friends, learned a lot and it was fun for a while. :-)

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Rashelle

Whenever I have to make difficult decisions I find that you can’t go wrong listening to your gut feeling; it always seems to know what’s right. I like to do little mini-evaluations after a decision (maybe a few weeks or months later) to see how things are going and I’ve always, always found that everything works out okay.

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maureen

I recently had to make this choice and I went with the heart. Almost 3 years ago my husband’s dream to open a small restaurant came through. But he needed my help. I committed to helping him for 2 years to get a good foundation established but, I wanted to then return to an already established dream career of massage therapy. As 2 years of 80 plus hour weeks rolled by I saw the restaurant grow but my massage business was slowly dying. Being completely burned out physically and emotionally, I had to make the decision of whether to jump back into the massage or let it go. Practicality was telling me to drop the massage. But my heart kept saying, “No! You ARE a massage therapist. It is your dream and it is your gift to the world.” So, I put on my “big business girl panties” and jumped back in. It is just not an option for my heart & soul to leave it behind.

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Nancy

I just made this choice, and awesome timing for you last two videos!

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Mary

Marie~First, can’t get enough of Marie TV….love the creative mix of message and humor! We all need to laugh more in this world of information overload and tough competition. In my personal and business lives I have found your words to ring true. Listen to your gut and always be open to the probability (not possibility) that the next chapter to be written is more fulfilling than those that have already been read. View every experience as a learning tool because you will use them when the door flings wide open! M

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Lynn Marie

OMG! One of my favorite things in the world – a beautiful, funny woman that makes sense! Marie…..I love ya!!!!
I closed my tour business in Monterey to spend time loving my soulmate. We reconnected after I raised my Foster child….long story but, I learned valuable lessons and I’m all about love, joy and peace.
I’m going to do the marketing for her Physical Therapy Business because I believe she/we can help millions of people live a pain free life – I’ve chosen you as my mentor – Gotta go to your procrastination video again!
I’ll send in some good questions soon :-)

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Sarah Barrett

Thank you so much, Marie, for this very timely video!! I have had my handmade card making business since 2006 and it has been slowly dying. I got an email last week saying it was time to renew the website and I have been wavering. Keep it? Let it go?

Last year I published “A Mom’s Guide to School Fundraising” to teach parents who to raise money for their kids’ school and have been focusing on marketing that and building my consulting business to go with it.

It all feels like a sign that I should let SarahBear’s Cards & Creations go, and focus on the fundraising, which I am so passionate about. Thanks so much for opening the door and letting the light in to show me the way!

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Nakeia

Great Tweetable!

Great advice!

I like to say “follow the desires of your heart because if your heart is in, you are more likely to take action (with ease) toward it.”

Life gets easier when you lead with your heart.

Nakeia

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John Moore

I left an on line social commerce experiment. It was very costly on many levels. However, as we all know education, good education is always expensive. I learned so much, moved on with great pain, and have learned to love again.
John

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Grace

Thank you so much for this video this morning! I am not dealing with closing a business, but with getting clear about walking away from a career that does not serve me anymore. My heart has known this for years, and the longer I wait, the tougher challenges will be thrown in front of me as a result of hanging on. So, I have essentially cut it loose, am going for training in a new field (a year at most) and emerging with a new career that has entrepreneur potential! I am also doing this at age 61, but, hey, I cannot set myself up to be miserable for the next 7 to 10 years of my life either. Its going to be a financial challenge, but I will work it out!

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Solveig

Dear Marie,

I actually took b school to boost my business ( a wonderful yoga & wellness studio in a hip location) I started two years ago – and now finish b school with the decision to close it!!.
The video was such a blessig for me to give myself permission to fully listen what my heart says. And it suddenly spoke very loud.. Not only will I close the business, but will move to another city (never got really warm with the area I currently live in). It seems like such a set back from studio owner to stay-at-home mum, but I feel that for me right now it is actually a step forward. A step forward to be truthful about myself and to admit that my batteries after many years of working and juggling the kids are running low and not more money or social prestige will be the cure but a more simple life. My children will be totally happy about me not vanishing into the studio so many times and it will calm down our family life in a healthy way. I totally trust that when the right winds come I will open my wings again..

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Malaika

I know this topic all too well. My first business was draining the life out of me. I had to take myself outside the business and make a business decision and not an emotional one. I shut down my shoe boutique got on a plane to Paris for 5 months to get through my shame of failure. I learned so much from that experience. Now I’m back! Ready to start again.

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Joya

What timing for me. Thanks for the video and I just love all of these very wise comments! I had a successful consultancy for 12 years and recently realized that the work and clients were slowly killing my creativity and spirit. I am now in the process of re-defining myself and my biz (at mid-life, I might add), and it’s a crazy-wonderful time. I’ve also stepped up my health game with a raw diet and 15 lb weight loss. Coming from a family of entrepreneurs, the one thing I know for sure is that failure is the exact learning opportunity that successful people use to their advantage. I have family and friends who have made millions from their big and small ideas, hard work and inspiration –and not a single one can say, “It was a hit right out of the box” or “an immediate success.” They all went through a learning curve in a ‘seemingly’ circuitous process of trial and error until the timing was right, they had taken a few sucker punches and bang: a total rebound with a knockout venture in a new ring.

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Tianah

Hi Marie,

Just one year ago (when I was 19 years old), I left college and also threw away the belief that the only way to become successful is to go to college. To me, it wasn’t a huge decision because it felt right but to a lot of people it seems shocking when I tell them my story.. Let me tell you, I hated college and was absolutely miserable and felt like I was going no where and wasting my time. So of course, I left because I was climbing the wrong mountain. One year later, I am in a loving relationship with the most amazing guy and I am about to start my own business! :) – Especially thanks to you and Brendon Burchard for giving me the tools and courage to start my own business. :) I can now begin serving others and sharing my stories and knowledge with people. :)
To me leaving and starting over was a blessing in disguise. :)
Thanks for all your great videos and all the hard work that you do.
Tianah :)

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Laurel

Great video, Marie! I’m a B-school grad, and though I haven’t completed all the modules yet, I’m working on it. This past weekend I was able to participate in a local Art Fair which gave me much needed feedback from everyone who stopped to look and buy. I know I’ve found my passion, and I feel like I’m on the edge of wonderful things ahead. My husband would like it if I packed it in and closed up shop, but I can’t give up; this is what I’m meant to do. Life has been hard the past year and we’ve both been at low tide, but if it means I have to take on a “real” job for a while, I can do that. I sure don’t want to have to do that, but I know I can also work on my business at the same time. If I had to give up designing jewelry, I would die inside. For me, it’s that simple.

Thank you, Marie, for all you do: for a tremendous course and for all the incredible advice and support.

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Jeffrey Von Stetten

Hi,

I like the video but I’m not necessarily in agreement. You’ll always have fluctuations in your enthusiasm, and in your energy towards what you’re doing. In addition to this, some people have really short attention spans, and they’ll get less interested in what they’re doing fast. I think that if you’re really going ot evaluate your business state, it needs to be done less emotionally because you may have something that’s very self sustaining but is just sort of on auto pilot, or you may be having a bad week, or there may be factors that are outside of your control that affected you adversely that you need to recover from that can affect your enthusiasm. I think that as long as your numbers look solid, and you’re running in a way that’s sustainable, you should just make sure it’s running smoothely and work at adding in elements that you find more fun. There’s a continual learning curve, and I think if you’re solution oriented that the very worst you’d consider is selling your biz, and it’s important to make sure it’s sellable. These last three years were the worst our economy has seen since the great depression, and I don’t think making a vibe based decision is the best. You could easily file chapter 11 and restructure any debt, or if you decided to stop you could just as quickly switch to a job you begrudge just as much with none of the tax perks. No, I think fine tuning your business into a structure that’s working better is the better way to go, and then selling is is the best choice if you are experiencing things that affect your ability to let it run smoothly. Sometimes that little voice is just a tired little liar. :)

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Lily

And sometimes you ARE your business. I can’t sell me, and my presence is required as I need to serve clients, so this doesn’t apply to all types of businesses.

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Sarah-Lambert

Whew! I knew this video was going to speak to me when the I got the e-mail. Red flag number one, for me, *the title of this spoke to me.* You’re so right about your heart knowing. For me, my business selling jewelry has been very successful, but I can feel myself getting less passionate about it. The more soul searching I’ve done, the more I’ve realized that quitting is what I *want* to do.

I’d go a step further, though, and not call it “quitting.” Instead, it’s better to figure out an end-game plan and throw your heart into it for a little bit to go out with a flourish rather than disappearing quietly into the night.

For me, figuring out the end-game plan has been just as exciting and fun as starting it up was which just shows how it’s the right choice.

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Lily

What about logistics?

I’ve wanted to quit my business for years. I started it 8 years ago but it requires my physical presence, which doesn’t fit my dream lifestyle.

I’m glad I didn’t quit before I made my business successful because now I know I can do it. I’ve grown it to nearly six figures, not a small feat.

But I’m depressed when I have to go in to work. I live for weekends and resent being shut up in my office all day during the week. And I work HARD for the money, but I’m at the top of my game with no way to scale. To make more cashola, I’d have to hire other practitioners and expand into a full fledged clinic. I’m clear that clinic management is not for me.

I’d like to close my business and explore other passions to find a new path in life but there are real challenges I don’t know how to overcome. Like, how will I pay rent? And what about clients who have prepaid for session packages? And if I’m not doing this, what will I do?

The financial stuff is the most daunting because bills happen every month and I don’t want to jump from my business into some $10/hour job where I’m barely making ends meet.

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Alison

Hi there!

Yeah, sure…follow your heart but it’s easy to do that when you’re not worrying about being homeless. Get your plan B. I felt like I was going down on the up escalator after running an acting school after 5 years, I decided to take an course teaching English as a Foreign Language: not what I wanted to do but a way to get out of a rut. I ended up writing and directing in national TV in Turkey, from teaching English in Istanbul and that experience has absolutely helped me to this day, in setting up my second business, training techies in communication skills, writing and presenting.

So, essentially, find your stepping stone and jump on it. It’ll lead to the bridge taking you to the next destination. Who knows…Natalie may end up coming back to the dance school in a different form.

Alternatively, if Natalie doesn’t want to give it up, she could do what I could have done had the though occurred to me: go in as a social enterprise or charity. Restructuring may be the answer and taking on a side job in the meantime, if time permits, may be the short-term answer to meeting immediate costs.

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Maria Nalesso

Hi Marie ! You have been wacthed in Brazil ! You are great ! : )

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Elena Lipson

I started my first online business 7 yrs ago after my son was born. It was one of the first organic internet based baby stores. I began the venture out of my personal frustration at having to scour the internet to find organic, non-pesticide high quality items for our family and my baby. I was so excited to start my own venture and did really well for the first 2 years. This was before FB and Twitter so it was all leg-work, postcards, word-of-mouth…wow – I can only imagine how different my business would be today with social media. Anyway, as the economy turned, I had a tough question to answer…invest more money and grow or close down. I wrestled with this for a while and realized that it was time to follow my passion more closely. My son was now a toddler and I was evolving. I was no longer one of the only organic online stores and others were doing a beautiful job. I felt that My business was ready to close and evolve into something else. Almost immediately afte my decision, someone contacted me to by ALL my inventory for their new local kids store. It worked out beautifully.

Now, I can create a business based on my own journey & passions. I learned a lot from my experience and would certainly do some things differently. I am applying all I’ve learned to my current venture.

Thanks for all your amazing inspiration Marie and I look forward to sharing my continued success & growth using my new Bschool skillz!

xo
Elena

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Donna McLeod

I am so grateful for this video today! It confirms SO much!!
I have had to make a very difficult decision just this last December.
My parents built a very successful business in the concrete construction industry. When my mother passed away I left my job and and took over her position in the company to keep things moving along. Although the money was great, the work itself didn’t light me up. At all! In fact it was beyond stressful. Sadly, my father has had a series of strokes and was forced into retirement due to paralysis. I had to decide if I wanted to keep the business going on my own and be “safe” or do I take a risk and dive into my side chocolate angel business (which is really where my heart is – but I had zero marketing skills) and try and bring it up to the next level? You would think this decision was a no brainer but I am a single mom and wanted to do the responsible thing…Well I decided to follow my heart and trust the Universe. We closed down the construction company, I got my butt in B School and I just graduated last week! I have been working very hard to implement everything I possibly can to bring my business to the next level. It’s a lot of work but I am doing something I LOVE! Only time will tell how things pan out but I have a very good feeling about it! : )

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Maria B

I was feeling this way at the end of last year and my heart said “quit”. But, then I read the “E-myth” by Michael Gerber, and it gave me such a completely different perspective on my business that I went from “I don’t want to do this anymore” to “now that I know what I was doing wrong, I don’t want to stop”. Of course this book won’t be a panacea for everyone, some times it is best to move on, but I strongly recommend reading it before deciding. It saved me and my business and I’m so glad I didn’t quit.

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Kelsey

I have had a theory on this for years…..I lived with a best friend who could never, and I mean never, make a decision. For me, I have always known the right decision in my heart….that little niggling truth, but sometimes it is hard to declare it to the world…which is how non-decision making manifests itself.

So-I would always get her to flip a coin. Make heads one outcome (keeping the business open) and tails the other outcome (folding the business up and moving on). Flip the coin. Your immediate gut reaction to the outcome will make your hearts desire clear.

Thanks for this video-awesomeness.

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lauren

awesome advice Kelsy – LOVE IT!!!

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Sierra

Thank you for another amazing video, Marie!
I can totally relate to this one. A few years ago I was at the tail end of running my first business: a cupcake and custom cake shop. I was very passionate about it in the beginning, but as the orders came in and the clients became increasingly, well, you know how customers can be, I felt drained. It also didn’t make financial sense any longer. I would throw out a lot of product because it had a day shelf life, as opposed to the shops next store, who could stock their goods all year long.
Finally, I gave up my business and now run Sierra Chanel Marketing, a content writing and online marketing business that I love and that suits me very well. The start up costs were minimal and I already had an English degree…so it made sense!
Thanks for your continued inspiration…you rock, girl!

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Abby Winship Hoyos

Another great episode of MarieTV!

I was in a similar situation with what I consider my last “real” job as a sales manager. I knew I had to get out because it was in a toxic (emotional) environment and it was consuming all of my energy. I came to that realization and started putting my exit strategy into action.

Now that I’m trying to build my own business from the ground up I do miss the routine and reliable income from time to time, but any time I hear the latest gossip I know I made the right decision.

I know I have what it takes to get my business off the ground – I just hope I can garner the good sense and motivation to make it happen.

+ I loved the Kenny Rogers musical interlude!

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Sandy

This is a pressing question in my life right now so I read *all* the comments. I was curious to see if anyone would regret their decision. A few people talked about grieving some aspects of what they left behind, but no one said anything like, “I quit too soon. I wish I’d kept going.”

I was intrigued that a few of the only male posters had strong feedback along the lines of: “wait! Step back, see if there’s a way you can reconstruct your situation to make it work for you.” I suspect that women have a very strong sense of DUTY, so we keep plugging away despite feeling bad for months, or even years. Maybe men tend to have different experiences and tendencies here.

For myself, I’ve been exploring a business idea for 6 months, working alongside a potential cofounder to find partners and test a product concept. It’s an early stage – the perfect time to quit. Still, it’s hard to admit that the ‘perfect’ business to leverage my background for greater social impact is not what I want. I am still not entirely sure I am not running away out of fear. But I would just love to make a genuine departure into work that allows me to honor my introverted, sensitive temperament instead of trying to be an entrepreneurial ‘hustler’ all the time.

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Lisa

Great topic and SO true. My clients, loved me, my work was hailed but at the end of the day (or end of tax time) I was always the one with no money to show I’d been a success. I had to look long and hard and tell myself, “if everyone I work for thinks I’m so amazing, how is it they don’t pay me what I’m worth or pay on time?” The answer? Because in my heart I didn’t believe I could push for more, and ultimately, I really don’t LOVE the work I’ve found myself being called on to do – ha! When I assessed the realities, the part of my business I get excited about have absolutely NOTHING to do with coaching, consulting or services I have been providing! I have notified everyone I contract with that I will be reorganizing and reevaluating my company in June and the “old” cc101 will go bye-bye and the new and fresh concept will relaunch late summer.

Thanks Marie, your video is spot on!

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Elise

Okay Marie. I want more dancing videos!! Love how Team Forleo ended this Q & A. Loved it. Big old smile on my face xo

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Janelle Alex

Okay, so I owned a dance studio for 15 years. It was a great success, but I would never say it made tons of money. That can be done, but it does take a lot of work. There are other ways to make money teaching dance – nowadays there are amazing and infinite resources for putting together dance lessons online and not having to work hours for money. :)

Throughout my years as owner and head instructor, bookkeeper, marketing director, janitor (well for a few years I paid for that) customer service rep, lead choreographer, syllabus creator, babysitter, counselor, and on and on …. there were a number of times I was ready to walk away. But, it took me a long time because I loved my students soo much. In fact, when the time came I hung on to about 12 students and worked with them out of my home! What! Yep, we just weren’t ready to let go, but less than a year later I finally cut it all loose.

Now, I work with my hubby in teaching people how to discover their spirituality through blending the sacred and sensual. Totally different than what I did for 20+ years LOL, but that is where I am now and have been for over 2 years…and dance connects us to spirit and our Soul too…and dance is sensual movement…so you see sometimes we just find that we are ready for a change….even if in a way it is not as major of a change as we might at first think.

Honoring you, Natalie & Marie!

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Karen Taggart

We have closed 2 businesses and now I’m contemplating #3. It is an excruciatingly difficult decision. The sticking point is often how much blood, sweat & tears (not to mention years) that went into each one, but with business #2 we learned an even more painful lesson. DO NOT GO DOWN WITH THE SHIP!!! We held on for too long and now it is taking us years to get out of the hole we are in.

While a business that is either failing financially or that drains us emotionally is very stressful, the consequences of not calling it quits can be worse. I’m not a quitter by any means…usually the opposite. But moving on to your next adventure is sometimes the best and can actually feel very liberating!

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Malika

o golly, I’m so glad I read your comment! thank you! I was feeling the last remnants of guilt over a closing business, but that cleared when I read – don’t go down with the ship! – amazing what little gems pop out of the ether, just what I needed to finalise my decisions :-) hi5

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Tani Thompson

This topic is perfect timing for where I’m at in my life RIGHT NOW! Love it!
I closed my business two weeks ago. It was one of the toughest decisions I have ever made. I was holding on to the idea for about three years, that I had invested so much time and energy into this company that It would be a shame to give up. I am reading “The art of happiness” written by his holiness The Dalai Lama and Howard C. Cutler, MD and I would love to share this thought. There is a big differences between happiness and pleasure. I gained tremendous pleasure from my business, but It did not make me happy. There has always been a cap on how much pleasure I could gain from anyone external experience. Every time I meet a goal, I would get very excited and act like I just won the lottery! This would always be fallowed by a big crash, like coming down off of sugar.
the satisfaction never stayed for long and I would have to create another desire, a bigger one to top the last one. This is some times referred to as “Chasing the high”. Happiness for me has come from understand that what make me happy does not come in a box. It has never had a picture of a dead President on it and I cant eat, drink it or smoke it! Figuring out what make me happy is the journey I am on right now! I know that being in my daughters life makes me happy. Helping people makes me happy and excepting what is, relinquishing control makes me very happy. I have sold everything and fit my life into two suitcases and laptop bag. I am going to visit with my daughter in Australia for a bit and then I am moving to India for six months to a year. I will live on less than $5.00 a day and amerce myself in the culture. I will be studying Yoga and writing a book about my experience. I feel so much better not knowing where this will lead me. I love a good adventure. Being in control of the out come of my life was a delusion I no longer wanted anything to do with.
The only difference between then and now is that I have finally excepted that I am not in control. For me, this has freed my mind to be of service to others and enjoy every minute of every day. This type of journey may not be for everyone! The important thing to do is to be true to yourself. Seek happiness and the rest will work it’s self out.

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Amy Zoe

When I was in my late 20s, I closed a massage therapy practice that I had endeavored to make successful for about 4 years. Fortunately for me, I knew I’d pursued the wrong path early on. The amount of financial commitment I made in pursuing education and start-up kept me going far longer with the business than my passion dictated.

When I stepped into my next profession, I moved into a very different line of work, that also did not ultimately serve my calling.

I find myself in start-up mode again, this time moving my spiritual and personal growth practice into a more public domain.

In retrospect, I wish I would have spent more time evaluating what I enjoyed about doing massage and running my own business after I quit the practice, as I can see there were opportunities presenting themselves before I shut my doors that would have had the potential to move me into a trajectory similar to the one I am moving into now.

So, I’d say the lesson learned for me is that every professional endeavor moves us closer in understanding to what calls to us, especially when we take the time to evaluate what worked and what didn’t.

Thanks for the opportunity to share!

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Rachael P

LOVE this post Marie, just wish there was something like this around three years ago when I ditched my business.

I have to say, I KNEW the time was right, it wasn’t that it wasn’t successful, in fact the opposite, I was getting clients, I was making money, I was just to mother funkin miserable that there was no doubt that I had dump it like a bad boyfriend.

I went to uni with the dream of becoming a journalist and film maker. I did well, I kept the dream to the end but the moment I left, I was snapped up by a PR agency, I stayed working in PR doing the glam stuff like celebrity liaison and working on nice, juicy accounts. But I wasn’t that happy. It bored me actually, I have a deep rooted feeling that I can’t promote something I don’t 100% believe in, but when you’re working for the man you can’t really push aside your clients. So I started my own agency. I was still unhappy.

I realised the reason I was unhappy was because I wasn’t doing what I wanted. I was just being a corporate bore.

So I quit. I started writing full time and I’ve not managed to drown yet. I still do the odd bit of consultancy but only when it fills me with utter joy and excitement.

Sometimes, you really do just have to say enough is enough, but I think you just know. There’s times when you’re having a really bad day and want to throw in the towel – those are not the days to make these decisions. You make the decisions when you’re of sound mind and your gut and your heart match up.

*sorry for the essay, got a bit carried away.

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Rob

Very useful video, thanks!

I feel it’s worth pointing out that there are more than 2 options here. What if there was a way you could stick with your business, but your involvement in it changes? Maybe you could redefine your role. Maybe you could outsource some of the tasks you don’t really enjoy. If a lack of sales is your issue, maybe you could hire in a sales/marketing expert.

Maybe you, your life partner and any business partners could have a brainstorm, come up with as many options as possible, and see which one(s) your heart is drawn to most.

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Roe

Great Topic. I am in the process of reorganizing my life. I teach my kids to follow their passions and not the money. Then it finally hit me that I wasn’t following my own advice and that’s why I’ve hit a plateau. I am in the midst of soul searching who I am and who am I meant to serve. I’m very close to really pinpointing it. Looking back at life, my initial feelings about what I wanted to be/do in life were accurate, problem was, I listened to the dream stealers and didn’t pursue my gut feelings. It turned out I was a pioneer. I watch others having success in these ideas and it burns me. At least I know it’s not too late. This time I’m more wiser in many ways and know that all these experiences have lead me to this day, so only great things are to come of it. Thanks for all your wisdom.
Super Excited

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Derek Anthony

‘Hearting’ all the comments. I have already commented right at the beginning. I am 2.5 years into my business and not ready to let go yet. I know it is going to be a big one and I’m marching forward with that ‘light and fluffy heart’.

But wait! I have had two business before that, which I left. One when I was a mere 21 years old ( I am 48 now). A relationship split led to that move and a welcomed one at that. In my late twenties I opened another business along the same lines in another city. I walked away from that too, because my heart said so. Since then and in my mid 30s I left the UK and came to the Middle East and 2.5 years ago opened a new business. My heart’s still light and fluffy so I am sticking with this one. But to repeat an old cliché, when one door shuts another one opens. In fact the other door won’t open until, in my opinion, the last one closes.
Life goes on , it always has, always will do. No regrets. But do honour your hard work, yourself, the lessons learnt.
Another note, do many people really say ‘ I told you so’? Probably not as much as we think ( ‘think’ being the operative word here) and rarely to your face anyway. People will always have something to say. But that must never stop us from following our heart, our belief. xx

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Maxine

I love your videos Marie! Thank you so much for all that you do. My question is, how can you shut down a biz though, if that’s your only source of income? It seems like you’d have to have something else really viable up-and-running to take its place right away…

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Straight Up Talk Education

Love this episode. Every time I ignore the voice inside of me saying it’s time to move on, the Universe yanks the rug out from underneath me! I walked away from the corporate world about ten years ago after ending up in the emergency room with stress-related illnesses … at age 29. It’s been an exciting and much better ten years because, since then, I followed by true life dream: work and travel abroad as much as possible. So far I have:

– lived in South Korea three times, where I wrote textbooks for elementary school students
– spent a year in China in the Peace Corps and learned Mandarin
– investigated terrorism in Indonesia and learned Indonesian
– found writing and research contracts online and moved myself to Latin America, where I have been for the past four years (Nicaragua, Peru, Colombia and Costa Rica) and learned Spanish

Now I’m setting up my own online education business because, although I love studying and learning, I have found that the educational systems in pretty much the whole world teach us very little about what we need to know to make it in the real world. Sure, I loved studying psychology in grad school and, then later, journalism and sociology, but my real learning has occurred through self-study and life experience.

Now I’m working on brushing up on my German and finding my way to Switzerland or Germany.

Is my life better for walking away from a high-paying power career in corporate America (with all the health benefits and more) for …. the completely unknown where I have had to fly by the seat of my pants and figure out how to be a freelancer and now a small business owner all on my own? YOU BET YOUR LIFE.

I am so much happier and healthier now. And, after ten years of living my life my way, well, the naysayers have either drifted away or started asking me how they can do it too. And the ones that would like to attack me just don’t receive that much attention from me.

So, sometimes it really does pay to take the leap!

Alyxandria

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Coco

This year I have let go of the same business in the same industry Natalie is in… I have been very successful for 10 years now and couldn’t let go of it, although I grew out of my childhood dream (and trauma).

My body knew it all the time :) But my ego….

What helped me decide:
– Helping a client (in my new industry) to let go of her unfulfilling relationship opened my eyes for clinging on my comfortable, established business that wasn’t challenging or fulfilling me anymore.
– I thought of your saying Marie:” If you say yes to one thing, you automatically say no to many other options.”
– And of you stopping your dance career at the point when you saw, you have given your best and that’s it. Time to move on and be my best in an other field!

Thank you for you, Marie!

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Lori Fox

Hi Marie:

I know this topic all too well.

After 20+ years of unfulfilling jobs, I finally had an opportunity to start my own business and live my dream. At the beginning I was on fire because I was doing what I loved. The business grew and I received a lot of recognition for my work. It was a true joy.

However, I have major issues in asking for what I am worth, so the business wasn’t doing great financially. Eventually I began to suffer from burnout, as I had to work more and more hours to make the necessary income to keep going.

After I lost my house, I was faced with the decision to close the business and leave town or stay and be seen as a failure. It’s silly, but at the time I could see no other options (burnout makes a person very un-resourceful).

Closing my business tore me up inside, but I made my mind tell me that it was for the best. Though I love my new city, there is a big empty hole inside where my passion used to be. Wish I’d found a third option.

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Katrin

Thank you Marie. This week’s video is very timely for me and made me realise that there is more to let go than I was aware off.

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Linzi Wilson

wow…the timing of this is crazy…. after two years of working through the emotional turmoil, I posted my story about my business bankruptcy last week. It was the toughest decision I ever had to make, and I won’t lie…. the months that followed were not easy. But my heart got stronger each day knowing that I had finally listened to my gut instinct.

Now ? I’m a very happy business coach (and b-school graduate) who helps other entrepreneurs tune into their instincts and build a business that has them wake up smiling every day.

Seriously… if there is ANYONE on this thread that wants to talk it through and know what it really looks like when you have to start again from scratch (and deal with a boat load of icky feelings like shame, failure & guilt), I’m your gal. Happy to chat with anyone (for free of course !!).

I would love to know that my mistakes helped someone else.

http://www.helloglowcoaching.com/want-to-know-what-its-like-when-a-business-goes-bankrupt-heres-my-story/

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Jennifer Trask

Wow. This video sure did strike a cord with a lot of great folks.

I had to learn this lesson (when to let go) the looooooong-hard way. It took 2.5 years of trying to grow a business that just wasn’t working for me to finally see that sometimes, quitting is the best option. At first, I felt like a failure. Then, the words of my wise father came into my head, “Jennifer, failure to an entrepreneur is a badge of honour.” Thanks dad, you’re right!

Now, I call my first business my PHd in Entrepreneurship. :)

You know the best part?

The skills I learned in trying to make that business work, served as the foundation for my new, successful business of creating branding and marketing strategies for self-help coaches. Not only do I LOVE what I do today (and I didn’t even know it ‘existed’ when I first started that original business 4.5 years ago), but now I make a real difference in people’s lives doing what I love to do and my business makes me much more money than I spend on it. Woo Hoo!

So, I have had to fold two businesses, but they were the best learning platforms for setting me up for businesses that I love even more!

Thanks for a fun rendition of knowing when to fold em’. ha!

Jennifer

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Sarah

Wow. This video actually brought tears to my eyes. I’m right in the middle of that predicament as we speak. After launching my business 6 months ago (organic baby food delivered fresh to the customer’s door), it’s not where I need it to be. I’m a single mom, with the grim reality of bills and rent looming over me every single day. I left a 6 figure job as a private chef to follow my passion of starting my company. After 4 years of developing it (and time off to have my daughter), I finally took the huge risk and pushed forward with launching. I even raised $10k on Kickstarter to launch the biz. Now I’m living day by day, holding on each month, asking myself how I can move forward, when I can’t even cover my most basic living expenses. BUT, the thought of walking away…makes me tear up immediately, and feel sick to my stomach. I must be either crazy to keep going…or just really stubborn!? I know there must be a breaking point at which I would have to give up…but I honestly don’t know what it is. Until then…I guess I keep hustling 24/7!!! Thanks Marie, and to all the great comments with everyone’s experiences :)

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Adrienne

What about looking for someone who wants to buy your business and make it happen…or at least you can turn your recipes into a book/ e-book?

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tisha moore

awesome, as usual. the thought of shutting down shop has crossed my mind more than once as of late. i love what i do, however, i am frustrated at the lack of results in comparison to the efforts. i work a full time job as a nurse, am going to school 2 days a week and run my own business as an independent beauty consultant. i am not reaching my goals and i believe the answer lies in the fact that i do not have a concrete dream in my mind. half the time i dont even know why i am doing what i am doing. how do i get from point a to pint b? how do i create a dream in my head / heart

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Adrienne

Not knowing for sure what you’re doing or what you want? Ooh, yum, that’s the most fun time! Why? Because that’s when you get to really listen to your LIFE and find out what lights you up. You get to follow the clues. Then, when you think you may have found a glimmer, chew it over with your favorite “life coach” or “career coach” and see what comes through! xox

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hillary rubin

Love this Marie! I walked away from the fashion world to become a yoga teacher + then from yoga teacher to coach… It happened over time for me and it was more of a phase out then a walk out. Taking time to listen inside and trust myself to go off the course to see what is really the best for me worked. and thanks to you, RHH B-School it all worked out.

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Kim

So funny!!! I have been working a part time job in a kindergarten while building my business. The KG job has been mega-stressful, and I have felt since October that I’m not aligned. Yet, I committed to the year and so I kept going. This is a bit different in that it’s not my own business, but my work for another that I’ve struggled to move on from.

Well, yesterday I was in the office of my health care practitioner who is helping me with major adrenal issues, and says that if I’m not feeling better by this weekend, she’ll write a note to say I should leave the stressful part time job. We even shared how we both had the Kenny Rogers song in our heads! LOL!

The thing is, I only have 5 weeks left of this job, including this week, and I struggle to leave because in a school setting teaching young ones, it’s not viewed as very professional to quit at a time like this with all that goes on at the end of a school year. Yet my health is at risk. I plan to focus 100% of my time on my business after this school year anyway, but there’s always that voice in my head that says, “you might need another job, and you don’t want to burn bridges…the school is where your kids are and you’d be on their schedule with a job there if you need it.”

There’s no question as to my heart not being in it. I would DEFINITELY feel lighter leaving, but with only a few weeks, and it not being MY business, part of me feels like I have others to consider. I’d love to hear from anyone who’d like to weigh in on this. Would you stick it out for the few weeks, or quit and risk your reputation?

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Adrienne

Unless your adrenals are in so much danger that you can’t nutrition your way through it, I’d say DON’T QUIT! I have bailed so close to the finish line, many times before, and I definitely regret it! If you can, try to find something to LOVE about this job, focus on pleasure principles (self-care, good nutrition, pampering) and give yourself something else to do while the time is counting down. (Like planning a trip you want to take, or start training for your next big career move). You might find that you develop brand new affection for everyone in your workplace, and when you walk away at the end-of-year, you can be loved and missed!

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Kim

Thanks Adrienne! What you say is ringing SO true right now. Lately, I’ve had the children coming up and hugging me more, the parents talking to me more, etc. While I don’t feel at all appreciated by the lead teacher, I’m beginning to feel some joy that I think will indeed get me through.

I won’t know if the adrenals are “so much in danger” until this weekend when I’ve had a week on my remedies. After a day, things are feeling hopeful though! My nutrition is stellar. It’s the self-care that’s been neglected…single mom of two active boys, building a business, part time job, remodeled a home mostly myself, etc. I’ve simply stretched myself too thin and am paying for it now. So, indeed focusing on self-care is an absolute!

I’m really grateful for your feedback. It’s helpful for me! Blessings!
Kim

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Rashida B.

I’ve so been here. The only thing I can say is like Marie’s tweetable you just know. I walked away from a successful beauty studio a few years ago. As much as I loved my clients and what I did, it was sucking the life out of me.

I tried restructuring so that the administrative duties were pretty much on auto-pilot because I thought that was the problem. Then I chiseled down my client list to just a hundred. Didn’t solve the angst. I realized that I still love the beauty business just the business side of it. My goals and vision of how I saw my contribution to the industry had changed. I was over being the technician. I held on because I loved my clients, I didn’t want to be seen a a quitter, and because I’d invested so much time and money.

My lease ended and the owner was being a pain with the new negotiations and instead of jumping through hoops trying to get it renewed or looking for a new space I just folded. The night I decided, I slept the most peaceful that I had in years.

Time away has allowed me to see that 1. I made the right decision. 2. The business model that I’m working on now allows me to use all of my talents and everything I’ve learned in various ways so I’m never bored and always feeling creative. 3. It will enable me to impact more people that it would ever have being locked away in my studio most of the day every day. 4. It’s all eventually part of my secret sauce.

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Sasha

Yes! I am going through this right now. I spent the past year renting a small yoga studio with a fellow teacher. It’s been a huge struggle and hasn’t taken off. Thanks to my recent journey in B-School, I realized the biggest problem of all is that my heart isn’t in it. What I really want is to build my private business at home, focusing on my one-on-one relationships with clients, rather than building classes. Letting go of the studio was a very difficult decision and I had to work on issues of shame and failure, but now I’m so excited for the new phase of my business I can’t wait to close to the doors! When you listen to the guidance of your heart, you can’t go wrong.
With love and gratitude,
Sasha

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RitaJC

For at least a year, I’m pretty sure there is no sense in keeping my 3 Etsy shops. Why don’t I close them? I still get a sale once or twice a month :)

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Emma Lawrence

Awww Natalie – I feel for you! I haven’t closed down a business under these circumstances before, but I definitely know what it’s like to feel drained and not so in love with your business anymore (cue b-school!). Sometimes some subtle changes can make a world of difference and help you get back in control of creating the business YOU want.

Wishing you loads of success,
Emma x

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Jeanette

Thank you Marie!:))

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amy ammen

Yowza! I downsized my 20+ yr old business 5 years ago because it was bleeding cash and I was feared talking to my employees who’d grown increasingly angry and I was at a loss to please, despite my genuine appreciation.
As hard as it was, it was a great decision.
My business is more profitable (not note-worthy, but I’m happy) and I feel small and flexible.
Depends on you goals but, for me, simple is super and I’m delighted I made the transition.
Thanks for the show, Marie!

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Rebecca Egbert

I started my Midwifery practice in 2008 in SW Montana. I was praised far and wide for all the effort I put into the development of my practice, my branding, my website, and my practice style and competence. I focused on collaboration with Medical providers instead of remaining an outlier, because I only saw it as good for my clients and humankind. 3 years into practice, my heart kept tugging me in a different direction but my head had a ton of pride that would not let go. However, I got real still with myself and I let go much to the disappointment to my community and my clients who would seek me out for baby number 2, 3 or 4. I let go, as hard as it was, over a slow and somewhat tumultuous but liberating year and a half.

I don’t regret it, because I knew deep within me during school that practicing wasn’t going to be my forte in women’s health, wisdom and empowerment. I am fine tuning it as we speak. I am still in transition, and I’m deep releasing into the universe my plans through clear manifesting and intention setting. And, I am thrilled to be on the docket for B School in 2014 because I have watched my sister and colleagues complete this program and you’re speaking my language (and my dance). I was looking for an MBA to apply to, and I hear this is better than a 3 year program. I am all in.

Live it up – light and heartfelt!

Thanks Marie and Co!

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Lisa

Hi Marie. You are awesome!! I walked away from my Corporate Job a little over a year ago. I have had so many unfortunate things happen to me since then (bad decisions on my end, dishonest business people etc. etc.) But when I look back I am so happy I left Corp. America…..although I have had some epic failures and honestly their have been some really tough moments trying to hold myself together since then I never look back and go …GOSH I wish I still worked for that company (and believe me I had it made very well financially when I was with Corp America) but I HATED my career and I couldn’t really get the depth of how unhealthy it was until I was looking behind me. It’s not that the company was bad it was just that I got stuck in a zone where my bank account was happy but my inner soul was unfulfilled and I felt stuck. I am still finding my way but I don’t regret it (not for a second!! Which surprises me sometimes) and I know all of the lessons I have learned along the way will continue to serve my success in the future! Your words in your video today were so amazingly valuable & Inspirational to me today! Thank You!!!

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Kathie Holmes

Thank you so much for this video Marie. When I made the decision to enter B-School this year I also made the decision to close down a business I had spent money on but that wasn’t making money. It was a tough decision because the business was a fantastic idea but I knew that my true passion was not there and therefore it wouldn’t succeed.

The decision to close the business and continue with B-School was a big one but one I will never regret. I’m now running my Creative Ability Network and loving my business. I get to work with women who want to change and to help them build amazing businesses.

Thank you for your constant inspiration and for sharing your wisdom and knowledge Marie xxx

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Julia Blues

Deciding to close up shop with my makeup business was the best decision I could make. It was a distraction from pursuing my true goal of being a writer. As much as I enjoyed doing makeup for weddings, taking a blank canvas and filling it with color, it was not as fulfilling as taking a blank page and filling it with words. The fork in the road for me was yelling to pack up the brushes and pick up the pen.

Great post.

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Jennifer Graham

I totally just did this. I closed down my retail store after 5 years of the headache of retail stores. I have never felt so free and happy! lol Its amazing. I have a life now and time to enjoy it! I am so blessed to not be working away to pay for overhead anymore! Yeah!

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Laurel

I was having this conversation with myself when I started B School this year and decided to up my marketing game and give it my all for the next five years. because then I’ll feel as though I didn’t give it my all. I also realized I will have to come up with a plan to enable me to pull through those years but I am working on that one too.
Meditation is a good way to find that inner voice, you may not “feel” the answer right away, you may have to ask the question various times, but the true answer will surface. It may even be your business morphing into something different but with the same soul.
Great question, great answer. Love you Marie.

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Jackie Ruka

Marie,
Wow, it is amazing how many replies you received on those who recognize following your heart is the way to go, even when it can be the scariest decision, at first. I walked away from a six figure career for many reasons but mostly b/c it was killing me, literally ! Wrote a book and now coach people to take the leap with following their heart! Starting a new biz can be scary too, but it is invigorating and lovely to see the light of those in despair become the happy starts they truly are. Cheers!

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Margarita

Great video,
and please tell your fashion specialist (I know you’ve got one) that she ROCKS!
You always look fabulous and I think I just fell in love with today’s dress.

Ow ow ow, that dress… that amazing little red thing!!

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Elsa

thanks for the love Margarita :)

and i agree, that the red Zara dress looked amazing on Marie!

xx,
elsa

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Kimberly Wise

This is so true, Marie! I had to let go of my first multi-VA (virtual assistant) business because the partnership I was in just wasn’t serving us any longer. Which ultimately led to us not being able to serve our clients well either. After much wrangling, soul searching and difficult conversations – we let the business go in order to save our personal relationship. That was the BEST decision I ever made. Now I am soaring with the eagles and ultimately on a much better path!

~K :)

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Pippa

This may be the most important advice you’ve ever given, Marie. Amongst the MANY lessons I learnt from the small business I ran, two stand out from the beginning and the end. 1. Just because you have a great idea doesn’t mean you should do it – I had lots of business ideas and it never occurred to me that just because I ‘could’, it didn’t mean I ‘should’. (If I’d asked myself this question I wouldn’t have started a business that cost me money, time, health, happiness and other opportunities). 2. The lesson I learnt from the end was, it’s ok to stop. If fact, once you examine the situation really rationally and understand that it won’t succeed for whatever reason, you need to stop ASAP to protect yourself.
I currently see an acquaintance running a business that is costing her money, health and time with her children. It almost certainly shouldn’t have started in the first place and certainly needs to end quickly to minimise the ongoing losses. I value tenacity, but my unwavering commitment to this virtue added to my losses – it needs to be balanced with humility. If a cake came out of the oven all crappy, you wouldn’t keep icing it thinking that eventually you’d fix the cake – some things just need to be chucked so you can invest yourself in something else.

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Liza

Dear Marie,
This your video couldn’t be more on time for me!
As many of the speakers here, I had a dance school for seven years, and recently had to figure out my next steps. My heart wasn’t there anymore, and I had two more passions to nurture (and two little kids to raise).
I haven’t closed the school, but suggested my instructors team to take over. The dance style we’ve been teaching is unique here, so it was unfair to kill it – the moment I close the school, the dance dies. Luckily, some people in my team jumped on the opportunity, and formed a prominent leadership combo.
Now I keep visiting and teaching at the school, without being overloaded with the responsibility. It feels weird to see all the “empire” I built led by other people, but I am happy and proud I was able to let it go.

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Rowena List

After 25 yrs in Senior management with a direct sales company I walked away. It was a hard thing to do as I am not a quitter. My heart was just not into it any longer.It was no longer serving my needs. I had already started my professional organizing company on the side so stepping down from management allowed me more time to concentrate on my passion. Helping people downsize, clear out their clutter and be clutter free.
I kept all my sales clients so I can still service them with their product needs. I just let the management side of things go.

I am forever grateful for all of my time in the direct selling world as it gave me endless experience, knowledge and education that I have used in moving forward

Move forward in faith not fear. There is always good that comes from almost every situation.

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Aminah

I have learned that in life if you listen to your heart, it will tell you everything you need to know! Right now, I have so many business ideas, but I am not sure where to start. Should I try to start them all at once or, start them off one by one. I worry about if I start to many how will I handle it all, but Marie is right you will know when its time to let go!

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Olivia Statters

OH Marie….what a great topic you covered and I loved you added the humor with it! I have just completed BSchool and was thinking about this lady hoping she has really done all she can to keep her business alive. It is so easy to startup your own business these days and so many people do it, but so many people fail cause they have no idea or plan or even know how. I hope this lady can keep it going and make it successful. I wish her all the very best.

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Lisa

I am in that place right now. I have a healthy lunch delivery business that I’ve been running for 8.5 years. In my heart I know its time to get out. I am figuring out my options and hoping to sell the business vs. just shutting it down. I used to think ” Oh but its my business that I started”, now I can’t wait to get out!

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melissa

I know EXACTLY what this feels like!! I went into business for myself about 8 years ago-I was 24 and soooo excited!! I worked my butt off and managed to create a boomin lil small town spa business. I was offered a lease in an up and coming resort and thought — I am going to be a millionaire!!!! This was when the ecomony was booming in the area and before the big recession hit. I worked 7 days a week- all hours of the day and thought I would be living the dream in no time.
Over the next few years the ecomony took a nose dive and my business felt it. I was inexperienced and didn’t know what to do and panicked. I didn’t want to let go of my staff as the were an asset to the business and I knew we would pick up in the peak season. Long story short– it didn’t get much better and I was so stressed all the time and began to resent my business and everything about it.
I decided to sell the business- but put a timeline on the sale and decided if it didn’t sell by a certain time I would sell the assets to the resort which held my lease. It didn’t sell :(
I ended up owing debtors more than I got for the assets and it hurt so much. I couldn’t not take it personally as it was my BABY for seven years.
Well fast forward 8 months of me working hard to pay off the business debt by getting a job and using the money I got for the assets to pay debtors.
I just couldn’t keep my head above water; my family was living in the poor house and it just didn’t seem to be getting better. The kicker came when the resort who bought my assets breached contract and told me they would no longer be paying me. I was using that money to pay my debt and my paycheques were barely covering basic needs.
I decided the only way out was claiming bankruptcy. I needed to fully start over! My partner and I made the decision and for the first time in awhile I slept without dreaming of numbers and bills.
I believe I waited to long and should have shut ‘er down when my ing told me to. I am grateful for this lesson and am excited to move forward and rebuild my empire :)
Thank You Marie for the amazing video…Its comforting to know I am not alone xo

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Dawn

Hey Marie,

Great food for thought as I move into new online business ventures! I currently have a physical therapy clinic and am working on creating an online business in a similar industry (thank you for B-School!). Sometimes I find it hard to separate my heart from my head as my head is super loud! In the end, I have found that my body wins in one way or another in telling me what I need to do even if I am afraid of it or fight it :-) It’s sometimes scary to follow your heart as it is not always “logical” but it is always rewarding.

Dawn

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Jana K

Are you channeling me!? I mean seriously woman. I have a 2 businesses I secretly wish would disappear but feel emotional attached to them because of all the hard work…

However, now I have listened to my heart or my body’s response I think I know what to do! :)

Thank you.
Love Jana

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Vanessa

Hey hey from Australia. Yup, long time viewer here.

This video couldn’t be more spot on for where I’m at right this moment.. to be truthful I needed this video about a month or two ago ! :) For the last 5 years I had put my heart/everything into one business … and only recently has life shown me a newer (more fulfilling) path for me to pursue.

Here’s the thing. Where my current business is and where my new business is are two distinctly separate industries. You couldn’t get more different hahahaha

I’m currently in the transition stage where I gradually over the next year slowing phase myself out of my current business so as I can devote myself to the new one.

The whole “a winner never quits and a quitter never wins” actually comes from Napoleon Hill’s Think & Grow Rich book :( and yes for ages I struggled with this decision because I was wondering what people would think of me because I was always saying how I would be around forever blah blah blah.

Thank you again for the video Marie – it just further reiterated that I made the right decision. I loved/love my current business however – TBH – it has had its time. I’ve learnt what I needed to learn from operating it and will take those lessons into my new biz yet it is time for me to be me.

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Deanna

Wow!

I did not realise there were so many people in the world who are in the same boat as me ;)

I am at the 5 year mark now and feel like I’ve had enough but I just can’t decide…

Every time I tell someone that I’m over it, they talk me back into it!

So torn up with this decision I have been contemplating for the last year.

What to do???

Thank you Marie for layout wonderful insights as always!

Ladies, if you are contemplating bschool just do it!!!

It is the most wonderful thing in the whole world :)

Much love x

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Elaine McNamara

First, congratulations to all you B school graduates. May you follow your heart and find success!
Ah, Marie, how timely you are.
I am about out of loan and still want this business to succeed. I feel there really is a market out there but haven’t been able to make animal lovers aware of my business.
I sell animal themed jewelry and came out retirement to do this. My daughter is a veterinarian and for years my husband and I could not find nice, artistic, affordable animal themed jewelry to give her. When I found two lines of gorgeous jewelry, with my husband’s blessing, I came out of retirement to form my company, Dazzling Animals.
I am now a young 72 and it is time to decide if I am going to continue to hit the wall or close down.
Thank you, Marie, for being the inspiration you are, and fun, too!
Elaine

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amy

Gosh Marie! Once again this is why I joined the awesome B-School to figure this sh*t out. I have always wanted to run my own business and maybe jumped at the chance to buy a yoga studio when my teacher was sick and I didn’t really go through the plan. I am a seeker so I have take a lot of training and certification programs. When I thought I manifested buying this business , I thought my skills would make me golden. Three and half years later I have turned the biz around to pay everyone but me. I have poured my heart, my biz skills, and money into this and a part of me now seeing that it is slowly on the upturn doesn’t want to give up. But a big heavy duty thank you that there is a part of me that is so exhausted, tired, and flat that I am ready to cry uncle and what was my love is now a drain. I try to shift it up and look at where I have move but a part of me signed up for B-School to honor that I am getting used to not getting paid and being a martyr and that is NOT who I am. So thank you for shaking it up!

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Adrienne

Isn’t that about the time that many people SELL their businesses? I know of several firms that seemed about “pooped out” but guess what! They still had a loyal client base and several proprietary aspects that made someone else want to BUY that business and carry it forward!!! So what about THAT? Strategic Leaving!

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Rachel

I sold my Pilates studio 3 years ago because I found it so incredibly draining. The business was running well and improving every year but I came to a place where I needed to really push the business further or get rid of it. I decided to sell it and am very pleased that it is still running successfully in the hands of the women that bought it.
It has taken me 3 years to fully recover from running and also selling the business, it is definitely not worth doing it if your heart is not in it!

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Chas

Ha,ha, ha! You’re a two-steppin’ Mama, Marie! I cannot believe how in tune to you I am. I recently answered someone’s question on a forum with those very Kenny Rogers lyrics! Back in 2001, I left my job, with all the benefits, including stock options, to pursue my own venture that was in a luxury market- shortly thereafter, 9/11 hit, and whatever market had been in place, was demolished. It wasn’t a viable business model to begin with. It is so important to do market research. You may be dazzled by something and think it is the shiniest bauble on earth, but, others may not share your enthusiasm for it. I had to fold my cards and walk away from that one. Beware of hype.

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Molly Hahn (mollycules)

LOVED it! I closed the doors on a failed business last year (w/ a partner) and it felt so GOOD! So many awesome things came my way after I stepped up and listened to my GUT!

Like Buddha Doodles!

It takes cajones, but it’s so worth it :)

Thanks Marie!
Your B-School Grad,
Molly Hahn

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Caroline Radway

Love this video, perfect timing as some big shifts in my life (not least expecting my first baby in 10 weeks!) mean I am reevaluating everything…. Remembering to feel the answer is huge, I have seen a thought pop up several times over the years but always pushed it back down for one reason or another, but feel the time is now right to embrace it! I am a Personal Trainer and Yoga teacher, and while I do love it, there are elements that I don’t, so I plan to keep the good bits but move onwards & upwards! Thanks Marie for being awesome!

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Kati

As I watched your video, the third alternative of selling your business is what immediately came to me. Really, if possible, this is the best of both worlds…you get to bless the world by passing along what you’ve started to someone else who has the energy and drive to continue it…and you get to move on to something that is life-giving for you. Not only to you have a new endeavor to move onto, but you have a the joy of knowing that all your hard work continues to leave a legacy even without you.

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Elisa Lionne

Hi friends!
I was in a professional dance education for two years. I quit before the third and last year, because I wasn’t happy with the studio and decided it wasn’t worth the money and the tears to stay there any longer. Then I started dancing at another professional dance studio for two years – well actually it was one year and about 4 months. I couldn’t stand it anymore. I was constantly depressed and never wanted to go to the training. I still loved dancing and I knew I didn’t want to stop dancing, but something had to change. So I just quit from one day to another. I couldn’t stand one more day there. I had already payed for the full year but I didn’t care. I didn’t tell anyone about this (seriously. it was months before I told anyone), because I felt like such a loser. From the outside it looked like I was doing nothing. I still worked at my side job, but the rest of the time I was immersing myself in books and lectures. I wanted to learn a new way to live. I wanted to be happy again. I was desperately looking for a school that would offer what I wanted to learn and that I could afford. But since I didn’t find anything, I decided to study “happy living” for a while. It was only when I accepted that and accepted myself as a whole for who I truly am (multi-passionate like most of us here) that I stumbled upon the perfect school for me. I never would have expected my school to come in the form that it did. In another country, in another language, online training,… I enrolled immediately and became a coach :) AND in that year I also had my first payed dance performance, followed by other payed dance performances, and my first solo dance performance (which was also payed). Getting payed for dancing is a big deal for me as you can see ;) I thought this was impossible.
If I stayed at the studio I never would have found my school, I wouldn’t be a coach and I wouldn’t be here. Most importantly – I wouldn’t be happy. So for me, it was vital to quit at that point. Yes, I was scared and felt like a failure for a while, but I needed this time of retreat and immersing myself in spirituality. I figured – Better to do this now and allow myself to reflect and retreat now while I’m young, not married, don’t have kids and don’t have responsibility for anyone but me. Because if I didn’t do it then, I would have burned out at some point and had to have this time of withdrawal anyways. At that point however it would have been much more complicated.
That being said, it’s never too late! If you know in your heart that you must change, that you must quit, course-correct or whatever, do it! No one benefits from your loss. It might be tough, but you’ll come out the other side stronger, wiser and happier. Being depressed doesn’t serve anyone. Following your bliss serves EVERYONE, EVERYWHERE.

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Angela

This video is so timely, as I come to the end of B School I have realised that it s time to shut down my current business and build something new. I have been working in this business for 5 years and it sometimes feels like I have failed by not keeping on going but I know my heart isn’t in it anymore and it is time to build something new.

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Malwina

Thanks Marie for bringing this up! When I was 20, I quit university – after a total of 14 years in school, I was tired of preparing for some kind of elusive future and want to do something “real”. So I moved abroad to live with my boyfriend and started my own craft business, selling handmade textile accessories online. In one year, I probably learned more than in 5 years at school: how to build a website, on- and offline marketing, blogging, business planning, accounting, working on my own, approaching clients, product design, sewing skills, creative perseverance, a new language… but mainly how running my business brings up ALL my inner doubts, fears and dysfunctional patterns, and how to overcome them.
I worked my a** off, I hoped and feared and cried and laughed.
After a year, I was nowhere near making a profit and realized that the business couldn’t survive in its current form. I also had to admit to myself that I wasn’t willing to put in all the energy and time it would take to turn it around – there was this strong feeling that this business wasn’t the best outlet for my talents and for my message/mission/whatever you call it.
After admitting this to myself and to my boyfriend, I first fell into a month-long deep depression. I hated myself so much. I was scared I’d never amount to anything. (it still took me a few months to tell others about it, and even more months to officially unregister my company…)
After a while, I got better and I started to make new plans. Just for fun, I submitted pictures of my work to a publisher. Within two months or so, I had a book deal with Germany’s biggest craft books publisher :-) At age 22, I had my first book out – a childhood dream come true.

Looking back, I can still feel a bit of the pain and disappointment of my first business “failure” – but I never regret starting or or ending it. I think it’s totally awesome that I’ve made this experience so early. When I start my next business (and it’ll surely happen), I’ll have this HUGE treasure of experience to draw from. I’ll never have to look back and wallow in self-pity and doubt: “oh, what if I had followed my dreams back then? what if I had started that craft business? what if…”

I’m glad I did it and I’m glad I knew when it was time to move on.

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Tom Anderson

Hey Marie!
Your “A’s” are always so good. The quality of your videos is such an inspiration for showing us to push for excellence in everything we do. Thank you for caring so much for others that you give so much of yourself. You rock! Plus you’re from Brick which makes you even more awesome!

Stay extraordinary!

Tom

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Stephanie Gorchynski

Marie – GREAT question indeed. Actually speaking to your “use your intuition” tip – what you asserted in this video aligned with what I’ve been feeling and actually “gave me permission” to sit back into it. Like many others, I’ve been struggling with what to do (keep it or kill it!) and though I’ve largely shifted my focus and let it die a slow death (I’m rebranding and shifting focus/product/service but in the same field, so I don’t want to entirely loose the audience!) I have struggled with the last little bits of it like official release of name change, and talking about it openly let alone in the past tense – actually it’s hard to speak about it at all since I’m so on the fence, I can’t imagine how I must sound to potential customers/clients and those that are interested, definitely food for thought (and another a**-kick!) You are so perfectly right about the failure nugget too – I have been going about this as a failed attempt, and discuss it like one (which does NOT feel good, and amplifies the negativity of the whole thing!) …but to look at it with positive “it was a lesson” eyes helps to amplify that expanded feeling that says its time, and be able to walk away smiling and grateful. THANK YOU for this – a question I’ve long had, perfectly answered (…even though “I” had the answer already!) xoxoxo

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Susan Seale

This just makes me want to weep…such great advice:)

Honestly, if I were having a face-to-face with Natalie of the Q&A I would say, listen to your body. It doesn’t lie.

Also…sign up for B-school. Whether or not you keep the dance studio, Marie and Team Forleo will support you to create something you haven’t even thought of yet.

After working as a public school teacher I left to open my own music & movement school. I had the school for 20 years. It was a challenge right from the beginning to make it work. I grew enormously, developed skills and learned the kinds of things about myself only really hard work can probably teach you.

At one point I had 300 children enrolled with 5 teachers working. I reinvented it several times. The last 10 years it was an exclusive school and I was the only teacher. Families paid a premium and still I made very little. I really loved the work. That’s mostly why I kept going even with all the challenges. Plus there were lots of little miracles that made it possible to keep going.

Then the last year there were so many challenges and not one tiny miracle to resolve them. There was no divine rescue in that last year. I was so invested heart, soul, money, community, identity…I couldn’t even make the decision to close. My husband said to me in the middle of another of my sleepless nights…”sweetie, it’s time to close…just do something else”.

I wept. I didn’t want to close because I’d been teaching for 37 years (twice as long as I’d had the school) and that’s all I knew. Without my husband saying stop I might actually have worked myself to death. The school was the absolute best that anyone could have created. I knew if I closed I’d really truly have to reinvent myself. I really didn’t have an idea of what I would do. I knew my body was not going to survive more stress. So I closed. That was one year ago.

This year I took B-school.

If the B-school option and the internet had been around in those hard early years of my school…I don’t think I would have kept going. I would have done B-school and just moved on. Back then, there really just were not the options for creative folk that there are today. The internet has expanded the world in such an amazing way. There are so many things to do in this world to serve, to express your creativity and to be your unique self.

B-school has given me a community of positive like-minded folk and ways to think about my work world and my self that I would not have developed without it.

I don’t regret having had the music school. I loved it. I learned from it. I regret not being able to figure out how to live my life without the school. I regret not taking B-school earlier.

Reply

Julia Harris, The Calm Mum Coach

Marie, you are so wise!!
And your tweetables are always spot on!
I left a corporate job that was sucking the life out of me to retrain as a personal and business coach. Coaching others lit me up but I couldn’t start a business .. could I??
Leaving a job would be admitting failure wouldn’t it….
. I was so scared!! I had never wanted or even imagined being a business owner. Has it been easy NO, is it worth it, heck yes!!

Reply

Silvia Bianco

Hi Marie, As usually you make something big and confusing, simple and clear. And that’s what it feels like when you know you’ve make the right decision. About 10 years ago I closed my very successful restaurant after 10 years of almost 24/7 dedication. And that was problem, though I loved the creativity, the team effort, the interaction with my staff and customers, I was tied to my business 24/7, had no life, and always felt guilty that I couldn’t spend more time with my kids who had to grow up with me being always at the restaurant.

Once I made the decision to not renew my lease, we hosted a series of celebrations and video interviews with staff and patrons so we went out with a loving bang. Though I still miss my restaurant at times, it was the right decision and one I don’t regret.

I remember vividly the day we closed. It was New Year’s Eve 2003. My son and I had just finished clearing out the rest of our stuff and I was finally home, dirty and exhausted but exhilarated. I was free and the luxury of time expanding before me made me feel like the richest woman in the world and that anything was possible. From that state of feeling I made this impassioned plea to the Universe.

I want to make my living working 7 days out of the month…(so I could spend the rest of my time learning, teaching and writing.)

And through the serendipitous ways the Universe has of working things out…that’s exactly what happened!

I just completed B school (another best decision I could have made) and now am ready to launch my teaching (I give cooking classes) and writing to new heights.

Thank you Marie for all that you do.

Reply

Woody

Closing a business is always a tough decision, but that was a good common sense answer you gave today. Remember in “learning” how to run a business, the principle “there is no gain without pain” applies, just as it does in building a strong healthy body. You might fall down (or feel week from the struggle at times), but you can always get up again if you keep the faith and stay as positive as possible. Also, diamonds are hard to find but if you keep digging in the right places, eventually you’ll find one. Thanks for the “mental stimulation” Be blessed!

Reply

Haley

I closed a draining biz 3 years ago… best decision I EVER made, now I am preparing to open a biz that I am really really psyched about and even though I felt like I had wasted so much time and money on the first biz, I learned SO MUCH about business thru my “failure” that I feel more prepared for my next venture and have the confidence that I didn’t have before. :) thanks Marie, you are Amoooshing!

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Kelly

I made the decision to walk away from nursing. When I first started college I decided that I wanted to pursue nursing because I thought that it was something that I always wanted to be. Once I got into it, it turned out to be way more than I could handle. I had no life and I was stressed all the time. I wore myself out with school and studying constantly, and it was so unhealthy. I discovered that I did not want this dream as much as I thought I did. It was not my true passion. I lost all my motivation and drive for it. I decided to walk away before I got too far into it. I ended up taking I semester off from school to explore some other options. I am now a liberal arts major in college and not quite sure yet what it is that I want to do next. I am so grateful that I made the choice to walk away from nursing because I am a lot happier now than I was then. I feel like a huge weight has been lifted off my shoulders.

~Kelly

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Ann

Something new and different gives me lots of energy. I agree it is time to give something up if you don’t have that sparkle when you think about it.

Just think how young we are when we have to make career decisions. It only makes sense that we change our minds later and move on to something else.

Every time I move on to something else, I feel myself growing.

As a kid, I liked science so, I went to college and I earned a degree in chemistry. It made sense that I worked in a lab since I liked experiments and researching. I also got a lot of cool computer projects and learned lots of cool software. Learning software was easy for me.

After a few years, I started to predict what my life would be like after 10 years and I couldn’t see myself in the lab.

I got an account manager position (hiring others to work in the lab) and that didn’t really do it for me either.

I truly wanted to use my degree so I wouldn’t feel like I wasted it. Part of my previous jobs included teaching the other chemists how to use new software. Since I liked teaching and had a chemistry background, I became a high school chemistry teacher.

I absolutely loved teaching. After 6 years, I got married and had 2 children and had the luxury of staying home with them so, I resigned from teaching to stay home with my newborn and toddler.

My husband has a real estate business and he needed a website. We paid lots of money to people that didn’t get it right. I told him that I could probably make him a website (since software was easy for me to learn). I jumped into Wordpress 5 years ago and now I just finished B-School for my new web design business.

I just wanted to tell you my story of how there was always something new for me even when I left something I did so well. Everything you learn shapes what you are to become next.

Many people I know had to close a business and not one regrets it and they value the education they got from it.

We are all here with Marie to create a life we love!

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Coretta

Hi there Marie.
I have a story of walking away and finding a blessing.

Four years ago, I was laid off from a marketing position. After two years of diligently networking and doing the job search, I walked away. Those two years allowed me to discover who I am, my purpose and the things I am passionate about.

I stopped looking for a marketing position and started 3D Discovery which offers public speaking programs for children and teens. I wanted to help them discover their authentic voice. It is my joy to see students become more confident and discover their authentic voice. It’s still a new business, it’s not easy but thinking of the outcomes make me continue to push forward. Empower children. Inspire confidence.

If you’re interested, here’s a video of my discovery process that got me to this point. I decided to put it out there for the world to see. http://youtu.be/XuNQ1NPYJog

Thanks for all of the great information and the fun.

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Donna McLeod

Coretta,
I absolutely loved this video, thank you SO much for sharing. YOU are a true inspiration! : )

~Donna

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Coretta

Donna, thank you do much for taking the time to watch. It’s nothing I could have ever imagined for myself, but I’m glad that this adventure and journey was assigned just for me. Thanks again for your encouraging words.

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Donna McLeod

Like Marie says: “the world needs that special gift that only YOU have”! And you have found it : )

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Charlotte

I made a decision in 2009 to close my fitness studio. I was so deeply tired from “volunteering” 60 hours a week in my own studio that I could barely walk a straight line. There was plenty of revenue and willing customers but my expenses were too great – rent in commercial spaces is astronomical. So, I kept my clients and went private – home, that is. I am not able to offer classes but I can still do privates. I have so many individual training sessions that I haven’t been able to take any new clients in over a year! I can always rent a venue if I want to hold a clinic of some sort. Now I actually have a real income. My next outreach will be via the Internet. I just finished Marie’s absolutely fabulous B School which is guiding me to the next version of my “studio”. Sometimes we don’t have to throw it all away, maybe just the part that isn’t working!

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Elle

I have an example where I had to stay and fight AND walk away! Believe me, it was not easy deciding when to stay and when to go.
I was the victim of corporate bullying, and then made redundant as a result of the bullying. I could have just walked away quietly, but I decided to stay and fight to buy myself some time. I actually got another 18 months employment before I finally decided that continuing the fight was not beneficial to myself. The BEST part of it was that it gave me back some control. Until I stood up for myself, someone else was deciding my fate and when things were going to happen. They were being erratic and unreasonable, and it was destroying my confidence. Taking back control meant I now had a say in my future. This is what Natalie needs to do, and only she will know what is right for her.

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Linda Basta

Think about whether to quit or push on every day.
Dealing with chronic pain and disability is the main issue. Very difficult to followup with people. Can’t just quit all my internet involvement and move on. Got nothing else to move on too. But I haven’t been successful all these years and of course everyone else can’t understand why I keep doing it. If i had more money to work with, then i could make money & show other people in my situations that THEY can do it too. Trying to trust that the Lord with show me the way & direct my path.

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Adrienne

Hi, I don’t mean to be a mommy, but are you doing everything you can to address the pain and disability? Sometimes pain is inflammation and is correctable by tweaking your diet. Gluten, wheat, milk, sugar (oh boy especially sugar!) all are culprits. Simple, but true!

As for your business, it’s going to now come down to your Why. Are you involved in something that really creates benefit and improves peoples’ lives in some way? Are you reaching the actual individuals who light you up? I bet you’d have an easier time following up if you were excited about who you were in contact with and the improvement you are making in their lives.

And then of course there is fear and resistance… the feeling of inertia we get that keeps us spinning our wheels instead of taking the next step. Oh boy do I know that one! ;) xox AP

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Carmen I.

Hey Marie,

Your square dancing skills are very Jersey like! XD

Since I started following my heart, I keep learning and making adjustments always looking for improvement (B-School is part of that).

So, I hope I don’t run into that situation. My business is still a baby :)

Much love Marie, you rock!

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Crystal

Hi Guys,

This, as most of Marie’s Q & A’s came like a light bulb moment. I’m a newbie (to Marie TV) and slowly building up my confidence again and trying to sort through all the BS I believed, when people told me to quit and get a real paying job.

Here’s my question? I love my business and what it stands for and what it gives me and how it helps others. I know, this is what I want to do, I think about it all the time and my heart is full of joy when I engage in it, but it’s not making any profit? We are a furniture retailer.

We have closed down our retail space after 4 years of trading through the recession (I’m in Australia, and we are about 1-2 years behind) in the hopes of finding a better retail space. We have been looking for over 8 months and continue to trade on-line (which is slow). What I know now…….we made many mistakes, need to get systems going, content written, a website upgrade and skilled staff. But even after all this, we did not make profit, and businesses should? We broke even or slightly lost in the last 2 years.

Many other business owners have told me not to expect profit within the first 5 years of a business, so coupling this with the economy and lack of good systems, can I grow a successful business? It’s hard to know, whether it failed because of the economy times, our lack of knowledge and whether we should close up for good?

Does anyone have any tips or comments. I’m really stuck to know if it should close or if I should be braver? I must admit, that I have not felt that relief or heard the voice of reasons sing, when I think of closing, if anything, it makes my heart sink??

Crystal x

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Adrienne

How great is it that you are excited by your work?! That’s wonderful.

My first instinct is to tell you “Go Big or Go Home.” I’d say, you might want to consider an UPGRADE of your retail space and then create some good marketing. But there are a few factors you’ll want to consider first.
Who are you serving exactly? Get crystal clear on who your best market is – is it interior designers purchasing for clients, is it midlife-women looking to upgrade, or is it young families on a budget? Then you get a better idea of where you want to be, and how you want to reach them.

There are a few ways to tweak your shop space. You could position yourself MORE centrally, or you could save on overhead and operate out of a shared or low-cost warehouse/storage facility. You could even operate 100% off Craig’s List or PennySaver. It all depends on your specific clients.

Are you clear on what $$ you need to clear in order to feel profitable? That helps you set a money goal.

Do you know of anyone else in the exact same business (not nearby) who could give you advice on how they’re doing it? If you’re ever traveling and you see a store that looks the way you want to look, go talk to them. They shouldn’t see you as competiton and you might have fun together.

Finally, you could enjoy a consultation with a business planning coach who can help you determine profitability, strategy and timeline. You could meet someone by referral, or at one of those city chamber morning mixers.

Hope this gives you some ideas! Adrienne

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Crystal

Thanks Adrienne. You had some very interesting comments- I hadn’t really thought about a figure that would make me ‘feel’ profitable. I know what the break even numbers are and what I wanted to make in comparison to what I would be earning if I was still teaching, but feeling profitable is a whole different thing- thank you for that clarification.

I have a few ‘mentors’ and they have both advised how tough it is out there and telling me what a great position I’m in to not have huge over heads, but sometimes when people have been in the industry a long time, tiredness responds- but I’m grateful for their feedback and insight.

Thank you again for responding with helpful tips. :)

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Jennifer lee

I sold my Bikram yoga studio just over a year ago, and that – along with opening it – is one of the best decisions I’ve ever made.

I’m now creating a program called The Hotness Revolution that teaches women how to stop dieting and start loving themselves to hotness. The excitement and tingles I feel when working on the program tell me I made the right decision. Plus-I still teach at my old studio, and get to see the students all the time. I’m happier, the new owner lives his biz, and the students get the benefit of having a director who is INTO it-much more than I was. It was so hard, but I’m so happy I made the leap.

Thanks for all the great comments everyone. Xo jen

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Michelle Sears

Thanks for the great advice Marie. I’ve been asking myself that question for a while now especially after going through b-school.

And now I know my answer – I’m going to up my marketing game because that’s what feels right in my heart. If my business magically disappeared I’d be sad and try to rebuild it.

Cheers!
Michelle

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Elliesha

I had a Children’s Boutique for almost 5 years and as much as I thought I did not want to close my doors it was the best decision I ever made. I wound up closing my business in 2012. Even though the business has dissolved the past 5 years were so beneficial in my life. I learned so much. Having my own business was such a blessing but the landscape of retail has dramatically changed and I lost my direction. I am still in the midst of finding my new path but now that the business is closed I feel so relieved. I believe instinctively we know what is best for ourselves. The past 5 years were so rewarding, challenging and stressful, but I would not change one thing.I have no regrets.

I loved everyone’s comments!!! Love and Blessings to all, XOXO Elliesha

Reply

Bri

When you shut down did you still feel the store was your passion or had you resented it some?

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Elliesha

I still have the passion to re-open a store/boutique but I did resent the neighborhood, my landlords for being greedy with the rent increases and I resented the economy. Owning a small neighborhood business is not what it use to be. You now have to compete with Amazon, big box store chains besides other brick & mortar business.

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sigmundo

if you really learn the uke, you’ll be in my team, marie (ukeloveboot – solopreneurism, love, planetsave…coming soon)! ;)
cheers°siggi

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Maria

I really wanted to reply to this… it isn’t exactly a business but I’ve been torn whether or not to quit my PhD. I’ve just hit problem after problem with it and ended up having to take six months out just to stop myself going crazy. BUT.

Something has stopped me from quitting and you’ve just summed it up: my heart is still in it 100%. My head might be exhausted, all of my logic might be burnt out from trying to make all the broken pieces fit, but despite every single problem there’s no way I can quit. It just means way too much to me. Now, I just need to find a way to overcome all of the OTHER problems I have with it……

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Marigold Gabunia

Hi Marie,

I walked away from being a call center agent and found it was a blessing, because I found out about this Virtual Assistant thing. So far, I’m enjoying and would like to make it big online! Hoping to join b-school soon too.

Thanks so much!

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Sami

I walked away. It was one of the THE most difficult things I’ve ever had to do, but I am soooo glad I did! :)

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Loyd

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Jo

I can remember the day I walked away from my corporate career. My head was saying ARE YOU CRAZY and my heart was saying JUST KEEP RUNNING in the direction of your dreams. And I did. I am not saying running my own business has been easy, it’s not. I know that I still have moments when I wonder what the hell am I doing. But, the heart keeps telling me just keep going. And as the famous quote says, if you feel like you are going through hell, just keep going….
Jxox

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Anna

Great post Marie! I love that you get people out of their heads and into their bodies. As a holistic biz coach who had to sell a business that was no longer serving me, I am totally on the same page.

Think about it, actually FEEL the decisions, and then make the decision. Our bodies and spirits can be our best asset to guiding us towards a more fulfilling business path!

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Joe

Very well written. Perseverance is a key to success in business. But sometimes, if we were to hang in there for too long, things may still not turn out as we wanted. A good judgement is needed on when we should cut our loses.

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Kim

I have asked myself the question; close or continue. My heart would be broken to close as I feel there are still opportunities and avenues to pursue. When I am creating, there is no other feeling that compares. I experience true joy and a sense of bliss which spills into other areas of my life. So I already have my answer. The reality is, something needs to change. My jewelry creates a great amount of interest at art festivals. Unfortunately, it’s not buyers. I seem to attract the copycats and parasites that feed off the creative energy of others. They only want to take, duplicate and profit off other people’s work. Bitter? Yep. I reviewed my finances while preparing my 2012 taxes. After spending countless hours working at home and in my booth at shows, driving to venues, hostile outdoor elements, spending thousands of dollars on show fees, training, materials, etc.; I made a grand total of $25.00. People come to my booth and take photos or sketch my booth and display ideas. Their behavior is outrageous. Would never think of behaving like this. Have had people yell at me because I asked them, nicely, to stop photographing my work which is protected by copyright. These people seem to feel that art festivals are some kind of free seminar for their personal and financial benefit. They demand to know sources and/or techniques. Have been on the show circuit for eight years and have decided it’s enough. There’s an expression about putting on your big girl pants and dealing with it. Have worn out the big girl pants and am ready for something new. Vent over. So what’s next? Would consider teaching in the future, but want to work and grow as an artist. The idea of teaching is about as attractive as working at another art festival and losing more money. My work has evolved over many years. How do I teach someone to be me? Besides, my gut instinct tells me that if these people won’t pay for a $20.00 pair of earrings, they certainly won’t pay for a class. Any suggestions out there? Would appreciate some words of encouragement. Really.

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Amber

Kim, first off it sounds like you are an extremely talented jewelry maker. And is very apparent that many people would like to benefit from your knowledge. If there are people that are willing to steal your ideas than there certainly are people that are willing to pay for them. I can only speak from my perspective on this but what I recommend that you do is build an online presence and a store. Do you sell your stuff on etsy? The more interest in yourself and what you can do that you can gather the more people there are that will want to learn from you. But there is a big block that is getting in your way and that is your attitude. No one can take anything from you that truly belongs to you. Sometimes obstacles occur to let us know to throw in the towel and to try something new but other times obstacles occur because there are lessons that we need to know before we achieve our dreams. Anything that makes you feel extreme joy and bliss is worth continuing. The problem isn’t what you are doing, the problem is how you are doing it. I mean, you are looking at potential customers as parasites. Artists get knocked off and imitated all of the time. For instance there are plenty of people that knock off Vera Wang dresses and make lots of money but none of them are as successful as the lady herself, or as known. If you become recognizable enough than everyone is going to know that you are being imitated and I think that is what you really want. I feel like you want recognition and approval as well as the selling of your goods. But in order to get people that respect you and to gain a great reputation so that attracts people who want to learn from you you have to change your attitude about people and about your jewelry. I feel like part of you believes that your jewelry isn’t selling because no one is interested because you haven’t made money. I also feel like part of you believes that the only people who are interested in you want to steal from you. Change those beliefs! Obviously for you to have attracted as much interest as you have in your merchandise people really value what you do and that will translate into money when you stop blocking it from coming from you by those beliefs. Your merchandise is worth a lot of money. Not just enough to get by. Your skill and know how is worth even more money that your merchandise. Sure there are some people out there that would want to get whatever they can for free and have a sense of entitlement. But there are a lot of people that have better morals out there, who want to do it the right way. If you can open up to believing that than you can attract those people. The way that some people have treated you was not right. Take back your control and start an online business. Your work can get to much more people that way. You can be picky about who you allow to learn from you, make sure that they are respectful and worthy of your time and energy. It isn’t just about money, it is about respect to but you have to give respect to get respect. Don’t let bad experiences shrivel up your positive expectation and positive belief in people. Everything is energy. The universe wants to give us what we want but we are the ones that block ourselves from achieving our desires. You have been blocking your dream by your resentment of certain people and your negative beliefs that your jewelry and skill isn’t worth a living wage (at least) and that no one respectable would want to learn from you. If you are open to it check out this book, I think that it will help you: http://www.amazon.com/Quantum-Success-Astounding-Science-ebook/dp/B004C03KYW/ref=sr_1_3?ie=UTF8&qid=1368252691&sr=8-3&keywords=sandra+anne+taylor . Two more things. One of your reservations about teaching others is that you think that you wouldn’t really be able to offer anyone anything of value because you think that you would be taking away from their individuality because all you think you can teach them is how to be you creatively. I am here to tell you that you are wrong. I am an extremely creative person. I love to learn from other people, I take all that I learn from other people and I build upon that and do my own thing all of the time. Creative people are like this. Sure you will have people who will just put out what you teach them but their will be people that will make you so proud and honored that you were apart of their development. The last thing that I want to say is that I think you would be a great candidate for Marie’s B School. I am not on her staff or anything but I feel like Marie’s style of inspiration and individual attention would really help you. I don’t think that you should give up on your dream.

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Amy

As a fellow artist, I feel your pain and my heart goes out to you. Have you considered getting together with other jewelry artists like yourself and see how they have made it through similar situations? Forums on Orchid/Ganoksin (if you are a metalsmith) might help. You should also check out http://www.flourishthriveacademy.com/ , RHH B-School graduate who teaches jewelry artists how to make it out there in the biz world. These might be communities that could help you get through this, as it is obvious that the joy you get out of jewelry making is still burning strong.

Good luck and hope you are able to sort this out!

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Carla Henley

I owned and operated a successful Video production/photography business with my ex-husband for 10yrs. After a bitter divorce because of his prescription pill addiction, I continued to run the business but it was draining the rest of the life out of me because of the personal stuff I had been through and now found myself as a single mother with two young children. I was burned out because we specialized in wedding videography and photography so it was so draining EVERY weekend. I finally closed the business in 2004 but continued editing for a local TV program. I missed the photography end and always wanted to re-open one day. When the TV program cam off the air in 2012, I knew it was time. My children are 15 & 19 this year and I re-opened my photography business in Summer of 2012 and I haven’t looked back.

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Adrienne

BRAVO! Really shows that there is a time and a place (and a “space”) for everything!

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Michaela Wirtz

nodsnodsnods

Closing my herbal business was the most emotionally painful decision I’ve ever made. An inattentive-driver-meets-pedestrian took away my sense of smell and you sorta need it to create herbal aromatherapy products. Everyone in my life knew me as ‘The Herbalist’ and, even after I walked away, I still got requests for products, assistance and to teach.

I will never get my sense of smell back. So, I can’t teach aromatherapy. But I found that I could teach people how I taught myself aromatherapy. And a book was born. Followed by requests for more books. I have no idea if I will be successful as an author [even that word makes me blush!] and I know that I will keep going down this path.

So, yes, Marie, we absolutely MUST listen to our hearts. No matter what the contributing factors are…if closing a business feels right, do it. Don’t overthink it.

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Joyce

Loved the dancing. It made my day.

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Joe

I have been running an online fashion business that my wife and I set up two years ago, it had been a dream of ours to work together and to be our own bosses. We both had nearly twenty years experience of working in fashion and whilst my wife had left work already to spend more time with our two boys, I left a very high level job. We have invested all of our savings and the proceeds from our house in our online business and have had some success, but having working like dogs for two years its just not making any money and its really hard to see how things will change. My wife has had to go back to work and I’m now considering doing the same, its a bear wrench to give up on the dream and also all of the money that we have ploughed it, and I have waves of feeling sometimes that we can make it work and a lot of the time now that it is hopeless. I want to follow my heart and make it work, but we are wracking up debts and I need to bring in some income!

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Adrienne

Hi, I’m not a coach, but I am a businesswoman and an intuitive. It sounds like you will be happier if you can get your income up for now…but If you still have inventory and do feel passionate about your business, I wouldn’t let it go completely. Do you feel it was a matter of simply not getting enough sales? It could just be that you need to learn more about how internet marketing works. From what I’ve gathered, Marie’s B-School specializes in using the internet for business – and it sounds like the info is good and it’s also quite affordable (compared to other programs out there).
If you’re not feeling motivated about the business anymore, perhaps you can liquidate your inventory on Etsy or Ebay.
Best Wishes!

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Adrienne

Hi, got your reply. I think a lot of people still love shopping for clothes online. If the clothes are of good quality, well photographed and the website is easy to use, it means you probably just need to find your customers! And that means SEO rankings but also a good email list. Getting access to, and properly using, a list that reflects your optimal market will be a good next step.

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Heloisa

Hey Marie! I’ve been following you since I had cancer last year! I found out Kris Carr, then you, than Gabby Bernstein. I’m from Brazil and I used to be a model before I get sick, and this is awful: when I was diagnosed, I thought: “Thank God, now I don’t need to be a model anymore!”. WHAT???? Yes, that is my comment about when you discover it’s time to leave a business… When you imagine you out of the business and you feel free, released… Love your videos!
xoxo

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This video couldn’t have come at a more opportune time. I have been struggling with this dilemma for the past several years, but have always felt like a “quitter” if I gave up my massage practice.

I decided to go back to school for nursing because I decided I need something new. But…trying to keep my practice going and doing well in school (not to mention maintain my marriage), has been completely draining. And my biz is suffering. I’m barely making enough to pay the bills.

My office-mate offered to buy my client list months ago and I have been procrastinating on making a move due to fear about it being the “right” choice. After watching this vid, I FEEL that the time is right to move on. The stress of trying to run a business and go to school is too much and I need to pick one and commit.

Thanks for the Q &A!

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Such a timely piece for me as well, thank you! I started a nutrition private practice 4 years ago. It was always a dream to own my own business and now it is a booming success. In fact, such a success I am drowning! In the meantime I have had a second child and now have two preschool aged children at home. That little voice has been speaking to me for about 9 months now and truthfully, I have not really been listening. Until a few weeks ago when I couldn’t get out of bed due to exhaustion. Since then I have really been asking the hard questions. Can I make it work the way I would like to have everything I want? Should I expand the business or contract or simply let it go? I thought I was convinced that it was time to let go, but then had second thoughts – AGAIN – despite the messages from my body! This video is another in a series of messages that have helped distill out the simplicity of the answer… if you feel a sense of lightness with the thought of letting go, or feel a sense of burden with the thought of keeping on, it is time to fold ‘em. And this time I do believe honestly I can say… it is time! I don’t know what will come next, but I have to trust my heart is steering me in the right direction. Now, on to figure out how to shut down. Thanks very much. I will enjoy continuing to follow your page!

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I am currently facing the tough decision of whether or not to close my business. I’ve made it almost two years and can make it until our lease is up in 3 months- which helps alleviate some stress. I have a retail clothing store and online shop. I am just not seeing the sales I want to. I have to work additional jobs on the side part time just to have some sort of income. I haven’t taken pay from the business ever. I was able to start the business without taking out any loans but if I want to resign my lease and continue on, I feel it is necessary to increase my inventory and to do that, I’d have to borrow money.

I’m just not sure what to do. I am living my passion and I feel it shows through my work. I love what I do. We have a small but loyal following. I constantly learn ways to improve the business every day. I have considered closing the brick and mortar and only operating online, but we don’t currently have enough sales volume online for the business to sustain itself.

I don’t mind continuing to work the extra jobs for another year. I would like to try to sign a lease at a lower rate for one year and take out a small loan. I would love some of your insights!

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A lot of this will be about your energy and enthusiasm level. (IMO!) If you are ok with the other jobs and are willing to take out the small loan, it could be totally worth talking to your landlord about lowering the lease. That would be great! While you’re borrowing that money, though, don’t make the mistake of thinking that simply changing out your stock will fix things. I suggest that you make extra sure that you are leveraging every advantage. You could invite your loyal clients for a “new stock” event: infoshare of some sort plus food/wine – or first, a rock-bottom sale to liquidate the current stock. You could run coupons for some sort of a “freebie” to get people in the door …and you might want to consider taking a second business under your roof (as in: sharing the space with a like-minded friend).

If you have a “mastermind” or other support group you attend, you could ask fellow members for ideas on what might boost your business, or even ask the faithfuls when they come in. Most fans have too MANY ideas about how to maximize your business. Let them see you writing down their ideas…don’t be embarrassed!

Are you clear on what it is that your shop is doing best for these customers?

Thanks for reading! Write to let me know what you’re coming up with – I’m a psychic job coach. xox AP gotgoddess at yahoo

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I started university this year (clinical exercise physiology), but a month before, I finished my Personal Training certification and rushed into starting a business. I am 19. I didn’t realise how difficult university would be. I want to train women to become, which is why I became a PT, but I have realised, I am not as strong as I know I can be – physically, emotionally and mentally. 6 months in (and just under $1,000 dollars later after registration, business cards and all that) I have no clients. Today I had a breakdown because my going to be first client cancelled on me the second time. I told my sister I wanted to close my business. She told me its only because I have no clients and haven’t been marketing myself. that’s the key: I haven’t been marketing myself. I am scared of advertising because I am scared of having clients. I’m just not prepared. Starting the business was easy, come university, not so much.. managing both. I can’t, and I don’t think I really want to.

The idea of being a university student with my own business was more exciting than actually putting myself in the position… in reality, its too stressful for me especially when I have all these other goals I am striving for.

In my heart, I know I want to focus on university and can come back to my business when I am ready. But I am not ready now I see. I really like this topic… I grabbed this quote from up there ‘This is a really important topic – it’s ok to stop doing what you’re doing, it does not mean you’re a failure. It just means you get to pivot and do it again the second time, but better!’ .. next time will be better. I will have more confidence in myself that’s for sure. I still want to be a trainer, its just not a priority at the moment I think.

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I’m a LA native who decided to make a huge life change and move to Manhattan in 2008. It was one of the best decisions I’ve ever made, giving my life a much needed kick in the pants and fresh start. I dwelled happily in NYC for the next 5 years, 100% committed to making it work and living that dream. I was not going to leave, come hell or high water.

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B-School encouraged me to get back onto the blogwagon and start writing again, and I’ve channeled all my feelings about the move into my writing which you can read more of here: http://eyeforstyle.cc/2013/04/25/change-of-heart/

At the end of the day, change is always a good thing. If it turns out you’re decision wasn’t the right one, you can always change course again!

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It is also possible that this woman needs a break or even long vacations.
After let’s say, one month off or two, she could have a new perspective on the problem.
Maybe she really needs to recharge her batteries. She may be very exhausted. It doesn’t mean she must close, it means she maybe just needs to rest. Don’t you think?

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I am a customer of a school where my daughter attends. I respect and am grateful to this teacher. Though I really wish that she would retire and move on. It is so painful to see this woman who had a big dance studio shrink to approx a half dozen or dozen students. She moved over 7 times in 3 years. She is a good teacher but she really has issues with how she runs her business. She lost her business savy half and has a combination of things out of her control and choices she made in a rush to save her business. She is a good person and good teacher. I like her and feel very guilty because I am considering moving to a new studio. But my sense of loyality and guilty feeling of abandoning her keeps me at her studio. And I like her and want no hard feelings if I change studios (yes she will take it personally). She says she wants to keep the business for the kids. But after moving multiple times in three year period ceases to be for the kids. Not only that my daughter is very tight with her and her friends. I think that at this point she really needs to retire so that we can feel free to move on and celebrate with her. It seems to me that she really has invested so much blood, sweat and tears into this business and is unwilling to look in the mirror to see that the best thing she can do for the kids is to let us go while she retire. Perhaps that will give her a chance to regroup and not rush into a new building. But I can not tell her to retire. And I have to make the move that I do not want to make. It totally is stressful to stay with her and wonder if she is going to move again. Or whether she stays at the less then ideal location. I know that I need to leave this studio. Though I can not bring myself to do so. We have been with her through thick and thin. One year maybe too years is bad luck. When it gets to three years it is a pattern. She does not have to retire forever, just long enough to regroup, research and make smart unrushed choices. Reopen and contact old students. And those of us who like and respect her would come back. But the way she keeps on running this to the ground I know of only one maybe three students who will come back when she has her act together. What she is doing now is burning bridges and that is not cool. Wish I could say this to her. But she would get upset with me. Sometimes it is a blessing to your best customers by taking this pressure off your most loyal customers if do a temp retirement to regroup, review, research and finally re establish your business from a healthier place. Making hasty decisions is where this teacher has gone wrong. I really wish that she took a year or two off to be in a stronger place. But instead she is doing the same thing over and over again. And I have decided that if she pulls another move or if we have other issues not related to her business I will find another studio. If she stablizes I will stay with her. If this location does not work for her I will have enough of this instablity. There are other unrelated reasons to move on for me too. If a person cares about their customer they need to think about how it impacts them too.

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Mother

Sorry about the long detailed post.
The advice I would give to a dance teacher whose studio is shrinking or going through three years of “bad luck” is this. It is time to let your students find a teacher who is their prime and that is more stable.1) Make the choice to retire.
2) Give notice that you plan to retire to give the students a chance to find a place to move to. 3) Try to maintain the positive supportive outlook through this time. 4) Offer them advice on what direction you think they will do well with.
If you do this you are showing your students that you respect them. If you do this you will not have hard feelings toward the students who do move on and they will not have hard feelings toward you. If you do that you may even develope a friendship with the mothers who are grateful for the time and effort that you gave their children and you may keep the positive memories alive. This is the conversation I wish to have with my daughters teacher. But from experience I know it will not be received well.
If you are a teacher who had a once thriving school that is shrinking and you are losing teachers a time comes where you need to admit to yourself that you are ready to try something new. And salvage the relationship with those who have weathered the storm with you. Oh yeah loyal students will throw you a retirement party if you play your cards right.

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mother

>> correction, that is your school is losing students, you really need to take a long hard look in the mirror and ask yourself why? And if you can save it fine. But after 3 years and you go from over a hundred students to only a half a dozen….the writing is on the wall. And hopefully you find more peace.

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Thank you Marie, I didn’t end up wanting to cry after this one, but feel a lightness in my heart! And laughter was good too, thanks for the humor in it all!

Life is a discovery, one discovery at a time :)

Blessings, Sarah

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Wow. Just what I needed to hear this morning. Somehow I missed it last year, but I probably wasn’t ready to hear it yet.

I have a primary business that I have been working on consistently for a few years and then I have another “side business” that I was passionate about at one time, but not really anymore. It doesn’t fit in with my goals or where I am in my life right now.

I have been holding onto it just because I felt like I couldn’t close it. What would people think? What happens to those customers? I felt I should “keep at it” because I had already spent so much time on it and didn’t want it to be for nothing.

But when I think about this business just going away . . . I realize I would eliminate stress, funds and brain power to focus on my goals for my life today!

Once again – you were right on the money with this one.

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Brit

This resonates so much. I was just writing last night about this topic and I’m so happy to hear your take on it! I started my own business a few years ago, something that was such a new topic and a total leap of faith for me. I spent countless nights and hours working on it, networking, learning…After the initial excitement wore off, I realized that I wasn’t even doing this for myself. Yes, the big picture was to do this so I can leave my day job, however leaving for something that stressed me out and sucked my energy and left me with body images and unhappy was NOT where I wanted to go. The old “quitters never win” conversation had came up with the intense attitude of teammates and I knew I had to run for the hills! Biggest lesson I learned was to be gentle with myself and know when something has served it’s purpose and it’s time to let go and make room for other opportunities. Light and fluffy feelings- oh yes.

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Holly Goodyear

Friends,
Yes, I walked away, excuse me ran away, with my arms flailing about my head, from a 15 year career as a health insurance sales and marketing specialist. 18 months ago, the “fit hit the shan” and Obamacare came in all the while I had to keep telling my clients (employers) that I was bringing in another 25-40% price increase and they wanted answers. Well, the heart wrecking insight behind the scenes of our most critical socio-economical crisis in our country’s history, told me I was done with this when I could not take the personal emotions behind my most valued asset pointing the finger at me that I was the cause if the dreaded increase and I better do something. Every day, I faced this! I finally told my agency (who did nothing to back me up as a consultant) to take the $75K a year I was making and shove it. Looking at all those billions of dollars in medical costs and the trends of healthcare turned my stomach and I felt as if I was repeating myself over and over again about trends of cost knowing that it was all for a show. So I decided to research on my own, what was really missing. Do you know what it is we are missing in wellness and caring for our health? Natural Medicine, valuable holistic practices, Personal Responsibility and Mind, Body and Spiritual Health along with clinical treatment. Do you think Wellpoint, CIGNA and United Healthcare have plans that cover that in full (or CIF) for you who know the bazillion acronyms in Healthcare plans? Hardly.
So, I took a whole summer off, made my way through some general holistic studies online and started working for a brand new salon as the desk manager making $9.00 an hour to at least stay engaged with the business world to some degree. Very soon after, like within minutes, my 26 year old owner at Neatbeat enrolled in B school. Our tides began to change and all the while in a 211 square foot salon, three stylist and little old me (41year old now and counting) saw a “shift” in universal business thinking. The owner, of which I call Pippy, began to teach us to follow our dreams and destiny and teaches us to have a vision and more than anything to PIP and give back to others. (PIP is Positively Impacting People). And what happened for me in this? I was able to expand MY dreams and destinies and I am starting my 5th blog, and I am working on 3 future books that will be National Best Sellers and Neatbeat is going to be a million dollar salon in just a hot minute. In 6 months we went from 211 square feet to 1500 sq ft and we have 10 employees and are in need of more great artistry right away. I am happier and healthier than I have ever been and I have found the most important thing in my life. I found ME!
Did I make a right choice? Oh, yes! You can bet your sweet panties I did. We are going to be like Oprah status very soon and there is a seat warming for us on Super Soul Sunday.

Thank you Marie and all of her team. We are grateful for your universal direction and we are watching with anticipation for your next great tip of the week! And if you have not checked out Neatbeat, you may want to keep an eye on that. Be Blessed!
Momma H.

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mindykannon

Great video. I have been struggling with this for about a year now.
Like you said quitting means you’re a quitter but why do something forever that does not make you happy just so you don’t feel like a quitter. I once was passionate about my business and could do the work for hours and hours and loved it. Now I just feel dread. I have started to realize that I have way too many rules for how I think things have to be. Trust your heart not what your head says you should do!
Thanks for the reinforcement!
Mindy

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I have gone back and forth with this for a couple of years now. I love my business and it is my passion, working with and teaching children; especially Early Childhood intervention! But I do not like the details of my job, the paperwork and I especially don’t like dealing with staffing issues on a day to day basis….that is so draining! This video was helpful but I’m still not sure what to do. Our business is quite successful and has the potential to grow very big….but not sure my heart is into the Administrative part of it…..If I could afford an onsite Administrator, I would hire one in a heart beat but we have a small budget and can’t work that in :(

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