BYS 10/13/24 🟨 Grave Decisions
Holding onto dead-end projects?
Sometimes the best move is knowing when to let things die. Don't let a failing project put you in an early grave!
Know when to pull the plug on old projects in today's Big Yellow Sticky...
Know When To Let Old Projects Die.
Knowing when to let a business project die is just as important as bringing new ones to life.
Sometimes you'll hold onto ideas or initiatives because you've invested time, money, or energy into them. But if a project isn’t delivering results or is draining more resources than it's worth, it’s time to step back and recognize that continuing may actually be holding your business back.
Letting a project die can free up valuable resources -- time, personnel, budget, and energy -- that could be redirected to more promising ventures.
Pulling the plug on a project rather than keeping hovering on the threshold of death because you put it on life support isn't failing, it's smart decision-making and prioritization. Sometimes cutting your losses can pave the way for future success.
Since it’s October and Halloween is just around the corner, think of it like clearing all the poltergeists out of a haunted house and telling those lost spirits to "go into the light." Some projects become like ghosts; they hang around long after their time has passed, shambling around like a zombie, and sucking up resources like a vampire
Instead of being haunted by dead-end efforts, take this season as an opportunity to exorcise old projects and make room for new ideas and strategies that can help your business grow in the months ahead.
See you tomorrow with a brand new Big Yellow Sticky...
