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How to Deal With A New year Reality Check

By Natalie Sisson ·

Heads up: this post is from 2010. The ideas hold up, but some tools, prices and links will have moved on since. For Natalie’s current work, head to NatalieSisson.com.

Welcome back to the second post in the`Sassy Sunday’ series where I’ll focus on why you need to be an Evolutionary Entrepreneur and how you’re going to change the world.

I’m not going to lie. Last week was tough.

It was more like a slap in the face actually. Taking a cold harsh reality check is never easy, especially when someone else gives it to you and you’d seen it coming.

Like many other start-ups, our situation is that money is tight, investments are imminent but far enough off to cause stress. Customer traction is not what it should be, revenues are not what we forecast and we need to be delivering more in less time. So we need to take some serious action and some of it’s not pretty.

What made this `talk’ hard is that this time it was personal. Even though 2009 saw some huge achievements for me and invaluable learning experiences that money just can’t buy, I’d failed on some major fronts.

The thing is, after the fun-filled excitement and adrenalin rush of helping turn an idea into reality, building a team and launching a product, I stopped focusing on the real priorities – building the business.

I’ve asked myself a lot of questions over the last 5 days to figure out why that was:

Am I still passionate about our product?
Do I believe in the business model and if so why isn’t my plan in place to hit targets?
Am I truly committed to making this business succeed?
Am I not doing all I can because I fear failure or I fear success?

As you can imagine, it’s not been a light-hearted conversation with myself. I purposefully decided to wallow in the multitude of emotions and feelings I experienced so that I could really take a reality check and find the root cause.

Late last year I started reading Guy Kawasaki’s super useful book `Reality Check’. I’m unsure why I stopped reading it as it would have come in very handy. To be fair I picked up Guy’s `Rules for Revolutionaries’ instead, which I highly recommend. But even this simple act of not finishing a book was unusual for me.

It showed a lack of focus, discipline and follow through -something that I usually pride myself on and had lost somewhere along the line. Life will do that to you, especially when you’re constantly putting pressure on yourself to be the best you can. I’d inadvertently sabotaged myself by having unrealistic expectations. I hadn’t taken my own advice on falling in love with your business!

I can’t say I have all the answers to how I’ve dealt with this and the position I’m now faced with, but if I can provide any Sassy Sunday advice it’s this:

Reflect, ask the big questions, give honest answers, cry if you need, call your closest friends and mentors and lean on them, reflect some more, write it down, make a choice and then act on it.
When the going gets tough, the tough get going. When you’re slapped with reality – deal with it and learn the lesson.

And one of my friends suggestions which I loved and made me laugh: When you’re thrown a lemon, make lemonade.

Filed underEntrepreneurship