Sometimes Killing A Business Is A Good Move

If you’ve been “dabbling” with a business with expenses far exceeding revenue, maybe you need to hang it up.

If the expenses to launch your new product are less than 5 times revenue potential (some might say 10 times), maybe you should kill the product.

If you have no idea of the market for your product or service but believe that the market will emerge once you launch, stop now.

It’s okay to kill a bad business idea. It’s okay to have a bad idea. Learn from it and find another idea that is good, with a market, and decent revenue:expense ratio.

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