I started a service-based business three years ago, and we just hit six figures in revenue (only about 10-20% is profit). I know exactly what I need to do to expand the business and grow in profitability; however, I hate this industry.
I struggle to find qualified candidates to offer the service. The clients are extremely demanding and high-maintenance. I hate offering the service myself due to the clients.
Has anyone else started a business they hate? I don’t want to just “give up” when the company could be successful, but I can’t stand this industry…
A true entrepreneur would reflect and say “how can I do things differently to account for my (insert trait here) so (insert out one of trait here) doesn’t occur again or is minimized”.
Friends, unless you build systems and processes to scale, you’ll always have a job. It will typically never be fulfilling to work a job as the owner, you want to run a business as an owner. If you are doing it like a job, you are better getting a job to have free-time at the least. You need to scale ASAP to the point you can start delegation and halve your workload. Then keep scaling until you get to pick only what you want to do (such as business dev, or in my case, other ventures)
I like you way of thinking
Normal is whatever you believe normal to be
I also emphasize with OP and can relate and hopefully your words are taken in good spirit
I do as well. I’ve been there.