You’ve hit a bit of a slump in your business. Your numbers are off, you’ve had a failed product launch, or you’re getting negative feedback from your customers in some shape or form.
The question: Do you continue to push through the dip or is this a sign that you need to bail out now and do something else?
Seth Godin’s “The Dip” tackles this issue in some depth and is the impetus for today’s show.
There’s no easy answer here and we won’t even attempt to answer it for you in this episode. What we will do, however, is share three specific dips in our business, talk about how we dealt with them, and then share some of the lessons learned as a post-mortem.
These struggles were quite raw in the heat of things, but we’ve had some time to reflect and wanted to share our stories and insights with you. If you’ve struggled with dips in your business I think you’ll appreciate this one.
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“Be wary of the partnership death spiral.” – Justin – Tweet This!
“If you’re so myopic in your view that you can’t see the bigger picture you’re going to miss opportunities.” – Justin – Tweet This!
“Knowing that you will likely come through on the other side stronger is I pretty powerful.” – Justin – Tweet This!
Have you made it through some dips in your business? How did it feel? Did you push through or bail out to do something new? Let us know in the comments!