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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