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How huge should your losses be before you quit a business?
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[QUOTE="Shaf, post: 284176, member: 25467"] It takes great courage to keep on pushing, but it takes even greater courage to quit a business that is failing, especially if you really love it and you've spent a long time on it. People get attached to their business emotionally too, so telling them to quit might be a waste of time. I have tried the same business model four times and failed at each for at least a year. I do understand what it's like. What can help you quit is when you truly understand that the business itself is not likely to succeed ever, or it's just not meant for you. If a business has been running at a loss for more than a year consistently, then it may be time to start considering quitting, because by that time, you would have lost a significant amount of your capital. If you have staff to pay or you rely on the business as your major source of income, it would be hard to continue as you used to. [/QUOTE]
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How huge should your losses be before you quit a business?
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