You have had a fascinating and successful life: rising from humble beginnings and early family challenges, reaching a proud height with your own business. Then, due to circumstances outside your control, your business stumbles. This is a common experience for entrepreneurs.
Facing a challenging environment and suffering a setback, you pick yourself up, dust yourself off and begin giving your talents away. This is an unselfish, but unhealthy, response to despair. Although you think you are adding value to the world with your gifts, you are devaluing yourself when you ask for nothing in return. It’s not fair to you! Philanthropy should be proactive, not reactive.
You can reinvent your business.
BE A PHOENIX
You are a professional! Take the positive lessons from your experience and rebuild in the new environment. Catalog your strengths. Discover ways to combine them with your preferred activities in a new space. You believe you CAN do whatever you put your mind to. Focus your mind on how you will benefit BOTH others AND yourself. Before agreeing to do anything for others, consider what’s in it for you too. Assess the value for both sides.
A rewarding business stands on at least two legs: helping others and helping yourself. At least win:win. Better yet is multiple Winᴺ. Don’t set a price goal without justification, but set a ‘return value for value given’ goal. Before offering your talents to others in the world, price your gifts. What would you pay for this? Don’t offer it freely. Trade it for fair value!
HELP OTHERS ACHIEVE THEIR GOALS AND YOU WILL ACHIEVE YOUR GOALS
Apply your talents to bring a better life to others for the fair returns that come to you and your family. Stop giving yourself away. You like to help others build careers? Offer to help them recognize and rally their talents to build productive, balanced lives. What’s the value in that?
What’s the professional challenge? It’s helping your clients get what they want and helping yourself get what you need.
APPEAL TO EXPERIENCED ENTREPRENEURS AND PROFESSIONALS
How do you feel about this post? How do you get past the disappointment of an unexpected business defeat? Please share.