So 4 deals in a row have fallen through in the last 3 months, through no fault of my own. In my business, you can be perfect up to a point but ultimately the final decision is out of our hands and these things happen. The sum of these deals was £73,000 or $90,000 which is enough to see me through 12 months if I budget and that's now all down the toilet, although I made 2 deals in Q1.
I'm not in panic yet mode as last year was good and although my outgoings are very high I've budgeted accordingly.
My problem is my usual BD (business development) method is not working, no new clients this year, my pipeline is ok, but my existing clients are either being difficult or have nothing for me to work on.
I'm now forced with the decision to go back to working 12-16 hour days (I've been working about 10-20 hours a week most of this year) to make things happen and pop off again. As a consolation, 2 other guys who left my team in 2020 covid era to start our own firms are experiencing the exact same issue.
I think I'm just suffering from my own lack of enthusiasm and motivation, which I have posted about before. It's like feast or famine, when I make money I just switch off, until I feel the pressure and ramp it up and save the day.
I just want to be a machine, but I don't think I can really be that 6am every day working and grinding kind of person. Sometimes I feel I'm not cut out to be an entrepreneur and could take my experience and sit on a nice basic with bonus and live a normal life working for someone else. Then I remember the issues I had doing that in my 20s and can't bring myself to work for someone else.
Just venting. I'm here on a Sunday at 10pm been working the last 6 hours trying to make **** happen for this coming week.
I'm not in panic yet mode as last year was good and although my outgoings are very high I've budgeted accordingly.
My problem is my usual BD (business development) method is not working, no new clients this year, my pipeline is ok, but my existing clients are either being difficult or have nothing for me to work on.
I'm now forced with the decision to go back to working 12-16 hour days (I've been working about 10-20 hours a week most of this year) to make things happen and pop off again. As a consolation, 2 other guys who left my team in 2020 covid era to start our own firms are experiencing the exact same issue.
I think I'm just suffering from my own lack of enthusiasm and motivation, which I have posted about before. It's like feast or famine, when I make money I just switch off, until I feel the pressure and ramp it up and save the day.
I just want to be a machine, but I don't think I can really be that 6am every day working and grinding kind of person. Sometimes I feel I'm not cut out to be an entrepreneur and could take my experience and sit on a nice basic with bonus and live a normal life working for someone else. Then I remember the issues I had doing that in my 20s and can't bring myself to work for someone else.
Just venting. I'm here on a Sunday at 10pm been working the last 6 hours trying to make **** happen for this coming week.