When do you know it’s time to give up?
I believe i have a problem. I am a very bad looser. Actually, i don’t to like to loose at all, at nothing. I don’t even get the idea of "playing just for fun". No, i play to be the best 
. But that’s not exactly the subject of this post, is just a preamble to the next lines…
During the last two years I’ve started a couple of online projects. Some of them worked better than the others, some didn’t work at all.
But I always found it very hard to give up the projects that were not working as expected, due to various causes (mostly because they started from wrong assumptions). And even when i gave them up, from time to time i would still come back and do a little research to see if there’s a way i could revive those projects and make them work. The answer is always the same… but i guess my subconsciuous refuses to think i failed.
So, i wrote this post to ask you people the following two questions.
Q1: How many of your projects did succeed in reaching the goals you picked for them and eventually become self sustained and profitable?
Q2: And when do you decide it’s time to give up a project?
In my case, the answers would be: around half of the the projects i started are still alive and around 30% are profitable. And for the second question, i tend to give up a project after a couple of months, if i see that it’s not growing as expected or is growing to slow to worth the time and money invested in it.
How about you? I would really appreciate you answers here.
Tags: Making Money Online, money
With Internet Marketing, poor results just mean you haven’t found the right mix of variables yet. Anything is possible!
If you’re tracking the sales results of your leads using a good CRM, then you’ll know what’s missing if you look closely at the data.
I’m not speaking just about Internet Marketing, i was curious when do you know when to give up in general
In my opinion, and you can say in my experience, 10-15% of my projects will not success as I want but they give 30% to 35% profit. And for second question’s answer, I do as much as I can. But if the relevant result does not come again I try b’coz for success you ‘ll have to face failure and after this I can’t think that you’ll not achieve your goal.
Internet marketing does not come easily and is hard and continous work. I think most people give up on it quickly because they didnt realize that it was more work than they thought. It can pay off if you stick with it and keep learning.
All of my projects are less than a year old and all are alive. About 75% are making a profit, but not a large profit. I will determine if each project is profitable enough on its one year anniversary.
We shouldn’t be a loser or gainer at any time..We should be confident enough when we do a particular job…I too like knowing when to give up !
I would only give up if I could see that there wasnt any money in it, at least for an online project. If I can see that there is even a slight chance of profit, I have a hard time letting go.
Jan 7th, 2009 at 6:21 pm
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