TL;DR: Poured years into a business, suffered losses, contemplating quitting the entrepreneurial game. Is it okay to prioritize peace of mind over persistence? Looking for advice and shared experiences.
I started a business and worked on it for years but suffered huge losses, thinking someday it might recover—a black hole of a money pit. I didn’t find it back. I decided not to do that business again, ever, at least not in that industry.
I am being told that I must not quit on it, having started and run a business/industry for years. I’ve been told good businesspeople don’t quit and should not have become an entrepreneur in the first place if i cannot try again.
But I have no interest in starting again in that perticular industry or type of business ever,
I see myself starting again but only after many many years if i feel strongly so but surely it will be different platform & industry to my first venture.
I feel peace is more important than money. Now I feel I could be happy being in a stable job (i.e., if I manage to find a suitable one and that’s another thing)… So, I’m at this dilemma. To be or not to be?"
Prioritize your mental health whatever you choose. If you don’t, there is no good result for any case.