IN THIS EPISODE
0:16 I’d love to know how you’re feeling about your business right now. Do you love it? Are you over it? What happens when you fall out of love with it? It’s totally normal for entrepreneurs to switch businesses because we’re multi-passionate. People normally switch jobs and as entrepreneurs, it’s easier to do that.
1:50 What do you do when you have already put elbow grease and time and effort into a business that you’ve fallen out of love with? I recently had lunch with a fellow entrepreneur and he was a man. I was very interested in the way he looked at things. He said that he couldn’t rob others from having that ability to use his business. It has become a passive stream of income for him and he’s got others managing the business.
I’ve found out this same thing as I’ve been passing off my interior design company. I’ve lost passion for it, but I’ve allowed others to manage and love my business that I’ve built.
3:40 If you are in that place where you feel yourself losing the passion for your business, ask yourself if there is someone else who can do this. Before you think about how you can’t manage a team, you can’t handle it, think about it for a minute. It’s kind of like raising kids. My 21 year old just bought his first house and moved out and while I’m sad about it, I’m also proud of myself for raising a kid who is independent and can buy his own home at 21. What you want for your kids is to have them be independent and flourish. It’s a very liberating and prideful feeling. Doing this same thing with my design company, it’s kind of the same feeling.
6:20 I’ve had a few people wondering about this topic and some are wanting to shift models in their coaching or MLM company. Some people are wanting to know how to move and shift passions and the answer is to slowly and gently bring in someone else to take over. Do you know of someone who would love your business the way you do? Do a trial run and share your mission and values for your business. Share that with them and allow them to love your business the way you do.
8:30 That’s a little bit of a mindset shift. Give yourself permission to think about your business this way. If you’re feeling pulled in a different direction, there’s a reason for it. And I’m saying passion, not fear. There’s a reason for that. It’s because you’re being led into that so you can serve your purpose in this life. If you listen to that intuition, amazing things happen. And if you listen to that passion and hand over your business, passive income things happen.
- What do you do when you have already put elbow grease and time and effort into a business that you’ve fallen out of love with?
- I’ve lost passion for it, but I’ve allowed others to manage and love my business that I’ve built.
- Ask yourself if there is someone else who can do this.
- Do you know of someone who would love your business the way you do?
- Give yourself permission to think about your business as something you only manage.
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