In this episode Jay is joined by Lucas Miles to discuss how to pull the plug on an idea or a business.
We will examine the challenge of letting go of an idea or a business, the benefit of letting go and so much more.
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SHOW NOTES
Episode Title: How to Pull the Plug on an Idea or a Business
Guest: Lucas Miles – Follow Him on Twitter
Key Lessons:
- How to pull the plug on an idea or business
- The benefit of letting go
Hot Topics & Takeaways:
- Signs that it is time to let go of an idea or a business
- How to distinguish between a “good idea” and a “GOD idea”
Dangers & Difficulties:
- The difficulty of letting go of a business or idea
- The danger of making decisions based upon lack or fear
Experience is the Best Teacher:
- Lucas shares why he and his wife abandoned a franchise business after investing close to $500,000 into it
Book Recommendation:
- Necessary Endings: The Employees, Businesses, and Relationships That All of Us Have to Give Up in Order to Move Forward by Henry Cloud
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