THINKING BUSINESS
a blog by Chris Barrow

Fail fast – succeed quickly

A phrase I read in one of my client’s ezines this week. I especially reflected on how often we do not fail fast enough – we know that a business or a relationship isn’t working – and yet we sustain an increasingly futile and complex effort to find a solution. Why? Because we are either too proud, too scared, too busy or too tired to make the tough decision and move on. I lost a business in 1993 because I didn’t fail fast enough – and it cost me the rest of my assets, including our family home. When you know something is fundamentally failing and when you have exhausted the solutions that do not cause you anguish – then its time to fail – and to congratulate yourself for making the right decision, even though it may not seem like it at the time.

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