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ENTREPRENEUR

Getting Unstuck: What to Do When You Don’t Know What to Do

It is interesting to know how experienced entrepreneurs getting unstuck, how they are dealing with the challenges and feelings.

You might be thinking that only beginning entrepreneurs get into these stuck situations but the truth to be told, this situation is happening to all entrepreneurs, no matter how many years they have been entrepreneurs.


Getting Unstuck: What to Do When You Don't Know What to Do

Once they start, entrepreneurs have a hard time stopping.

But that doesn’t mean they never get stuck.

For business owners, it’s a familiar feeling. When you’re strapped for cash and have to build your business on a budget. When once-frequent sales suddenly become scarce. When a pandemic forces you to shutter your doors. When you feel like you’ve exhausted all your options and are running in one place.

Building a business can feel like navigating a maze without a map and every once in a while you are bound to hit a wall.

The good news is that “feeling stuck” doesn’t mean staying stuck. In many ways, it’s what entrepreneurs do in these moments when they don’t know what to do—their resourcefulness—that defines them.

What Does “Being Resourceful” Really Mean?

Everyone has their own personal definition of what it means to be resourceful, as we found when we asked what it meant to all of you.

For many, resourcefulness means some version of making do with what’s available. But there’s a concept psychologists call “learned resourcefulness”, which refers to resourcefulness as a set of skills and behaviors that we can attain to help us control how we respond internally to adversity and put us in the right mindset to find solutions.

From speaking to a dozen entrepreneurs about this topic, each of whom had at least one story about feeling stuck, getting unstuck meant embracing both of these forms of resourcefulness to find solutions.

  1. Pause, zoom out, and find your north star.
  2. Get good at Googling (problems are rarely unique).
  3. Find inspiration in your competition.
  4. Don’t be afraid to ask for help.
  5. Consider pivoting your business.

 

Read more here.

 

Additional Related Links:

The 10 Best Crowdfunding Websites for Raising Capital

Mike Peters

Dennis Yu

Entrepreneur to Start a Store and make 20K in 3 months

Neil Patel

Getting Unstuck

Barry Plaskow

Entrepreneur, Entrepreneurship
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