SportsLizard Entrepreneur Blog

Tuesday, September 19, 2006

Being in entrepreneurial limbo

lim-bo [lim-boh] - an intermediate, transitional, or midway state or place.


The past few days I've been stuck in an entrepreneurial limbo, which seems to happen to me about once a month. You know, that feeling where you just aren't sure what direction to take. Most of the time I've got a long list of things that need to get done, but every once in a while I check the last item off of my iPrioritize list (shameless plug) and the next step doesn't immediately come to me.

Sure, I've got the long term goals hammered down, and even the intermediate goals (by the end of the quarter, year, etc), but the short term things seem to be escaping me. I don't know which of the 10 things I want to do next. I'm not sure which "project" is best to start now, and which one is best to wait until December.

So I pretty much sit there all day re-prioritizing my tasks in iPrioritize, each time justifying the move with what seems like sound logic at the time. Then I start to move in that direction, change my mind, and start the whole process over. Then I get pissed off at myself for "wasting" my day away. Finally, I usually chose action of some sort and just start working and after a few days I usually get back in my groove and conclude that I took the right path (which in reality probably could have been any path because there probably is no "right" path).

So what the f*ck causes these little hiccups? I *think* that this is a pretty normal thing (at least it seems common among my friends who own businesses), but I think it's even more common among businesses that are still on life support. By that, I mean new businesses that have yet to prove profitable and competitive in their industry for the long term. Obviously the only businesses I've ever run have always still been in that phase, so I'm guessing things change quite a bit once you get out of it...but I'm sure there are always problems along the way so I really don't know.

So as usual, I wasted away my day but I'm pretty sure I'm back on track. Anyone want to psychoanalyze all of that for me?

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