What causes me to quit my business attempts?

#1

Post by Ptrulli » Wed, May 05, 2021, 6:51 PM UTC

Hi all,

I have the entrepreneurial itch and have had such for numerous years. I tired my hand at various businesses; physical products on Amazonfba, affiliate marketing, podcasting, newsletters and so on.

I always find my unmotivated to continue after some time. But I am unsure why, I start with excitement, which is short lived, the topics are no longer interesting causing me to slow down, stop and quit. Could this be the main reason? I find i am very much someone who likes to learn something as its exciting I enjoy creating but after that initial phase, I tend to get bored or unmotivated.

My question is, has this happened to you and if so did you ever figure out why?

Also, how did you reinforce good habits?

Did you come across a resource that changed your perspective? If so can you share?

This isnt easy for me so I thought id reach out.

Thanks!

Re: What causes me to quit my business attempts?

#2

Post by version_five » Wed, May 05, 2021, 7:22 PM UTC

As soon as I figure something out, I lose interest entirely, without strong external pressure. I think it's ADHD (it's also impossible for me to stay awake as soon as I'm bored).

Try a manual job that keeps you moving, or a job where you can't get comfortable or put things off too much, e.g. working closely with clients, ideally along with a type A colleague who forces you not to slack off. That is where I have been most productive. (Aside from in grad school where i had more interesting stuff to do, but usually that was short spurts of focused work interrupted by long periods of being super bored and not doing anything. It's the Sherlock Holmes model of working).

Re: What causes me to quit my business attempts?

#3

Post by readonthegoapp » Thu, May 06, 2021, 1:52 AM UTC

Have you ever had any success?

Re: What causes me to quit my business attempts?

#4

Post by cercatrova » Thu, May 06, 2021, 3:42 AM UTC

Discipline over motivation. You need to cultivate discipline rather than relying on spurts of motivation.

Re: What causes me to quit my business attempts?

#5

Post by patatino » Thu, May 06, 2021, 6:13 AM UTC

Newsletter and podcasting are very long-term oriented. Most successful people in those spaces need several years until they "make it".

I would propose something where you get beta users quickly and get feedback from them. Nothing motivates more than people using what you are building and interacting with you.

Re: What causes me to quit my business attempts?

#6

Post by rofws » Thu, May 06, 2021, 6:17 PM UTC

I might be wrong, but what you have mentioned as businesses are only mediums to achieve a (business)goal. For eg. - Goal can be 'showcase your expertise on XYZ topic to attract specific kind of people' and the medium would be podcasts or newsletter. That way, if your medium is unsuccessful, you can always change the medium without losing sight of the goal.

Re: What causes me to quit my business attempts?

#7

Post by Ptrulli » Thu, May 06, 2021, 6:38 PM UTC

patatino wrote: post #5

Newsletter and podcasting are very long-term oriented. Most successful people in those spaces need several years until they "make it". I would propose something where you get beta users quickly and get feedback from them. Nothing motivates more than people using what you are building and interacting with you.

Thanks this is a valid point, ill try this out!

Re: What causes me to quit my business attempts?

#8

Post by Ptrulli » Thu, May 06, 2021, 6:38 PM UTC

cercatrova wrote: post #4

Discipline over motivation. You need to cultivate discipline rather than relying on spurts of motivation.

Any resource suggestions that I can look at?

Re: What causes me to quit my business attempts?

#9

Post by Ptrulli » Thu, May 06, 2021, 6:40 PM UTC

rofws wrote: post #6

I might be wrong, but what you have mentioned as businesses are only mediums to achieve a (business)goal. For eg. - Goal can be 'showcase your expertise on XYZ topic to attract specific kind of people' and the medium would be podcasts or newsletter. That way, if your medium is unsuccessful, you can always change the medium without losing sight of the goal.

Good suggestion and point here. I am currently looking into becoming a subject matter expert on a particular topic of interest, as of now, I feel like I'm not on any topic. Rather I know a little bit about various topics.

Re: What causes me to quit my business attempts?

#10

Post by Ptrulli » Thu, May 06, 2021, 6:42 PM UTC

readonthegoapp wrote: post #3

Have you ever had any success?

AmazonFba was kind of successful to a degree, issue was the price point in that particular niche was just to small so advertising ate up a lot of profits.