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Originally Posted by New Every Day  I'd also propose this idea. Set a deadline for the "success" of the business. For example, if the business is not making $XXX by December 31, 2007, then my plan of action will be...
That way, he knows it's not an open-ended thing and that you are giving yourself a deadline for making a go of it. |
See, I think if your desire is to make the business work, you can't put a deadline on when you're going to give up. To me, that's employee mentality and sets you up for failure. I'm not saying don't have goals, but don't put a drop dead failure date. No, "If I'm not doing X by X date than I'll quit." More, "My goal is to be making X dollars by X date." The great thing about obtainable goals is that even if you happen to miss them, they can be reset.