When you are dealing with the vast uncertainty of entrepreneurial ventures, there may be lies in your head. The lie to never quit or only persevere is one-dimensional. It can be dogmatic to one’s detriment.
One of the traits I have observed in the instincts of true entrepreneurs is the ability to persevere and be flexible. It’s a different skill than operating in a tightly controlled environment that an established product offers.
Do you quit or keep going? Is it time to change or do you need to keep pushing.
I’m not sure it is an easy formula or prescription to offer. Every situation is different. I have seen some entrepreneurs stubbornly hold to a failing course. I have seen others that quit too easily because of adversity, rejection or lack of resolve.
What I do know is that decision-making is a habit that can be continually practiced and refined. You can pay attention to yourself and how you hit or miss on both small and large issues. Keep taking on responsibility and make decisions. Observe how you tact with change and how you react to pressure. There is a feedback loop in there that helps you become more keen in managing the wisdom and tension between perseverance and flexibility.
How have you managed uncertainty within this tension?