Entering a business partnership with a friend exposed their true narcissistic nature. Retrieving my profits has proven challenging. It’s a cautionary tale—avoid business ventures with friends, regardless of the perceived strength of the friendship. People often prioritize their own interests, revealing their true colors when tested, as evident in OP’s experience.
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Exactly, it might be worthwhile to pinpoint the roles you’re least fond of among your various responsibilities. Consider hiring capable individuals to handle those tasks – a strategic hire could manage site visits and client work, or address any challenges in employee succession. This approach can reduce your personal involvement, allowing you to shift focus from repaying the business to building its independence from your direct involvement.
Certainly, initiating the journey is the toughest, particularly when you lack funds, followers, a product, users, or traction. Indie entrepreneurs possess an advantage – they don’t necessarily require a grand idea; a sufficiently small niche can potentially generate $1M. This allows them to pursue numerous ideas that others might overlook.