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A few weekends ago, I was very much looking forward to a weekend away with my pals in our Mastermind Group. Being a part of this group for some years has been life changing for me in serval ways and I always enjoy the time I spend with my friends.
I left in the sunshine from home mid-day day Sunday but unfortunately after just a couple of miles down the road the loss of tyre pressure light came on in the car.
Muttering to myself I looked at the offending tyre, which was clearly low and having no spare, used the compressor supplied with the car and refilled the tyre with air to see if it was a one off. After just a few short miles the light came on again and suddenly I didn’t fancy the drive into the wilds of the Peak District where my friends were waiting in a very nice Airbnb.
So, I limped back home as I knew there was no chance of getting a tyre fixed or replaced on a late Sunday afternoon.
Sure, enough the following morning I went straight down to the local supplier I now use in the hope I might get out of there quickly and still spend a little time with my friends with a fast drive North. Only to be told that the nail had gone through the one place where it couldn’t be plugged, so a new tyre was in order…
…which they had to get delivered and would take a little while to get to them in the day!
So, I cut my losses, sat down and resigned myself to missing my friends (albeit £130 worse off for a new tyre!).
In business sometimes we must do the same thing and cut our losses. We have had an instance recently working with someone whereby it quickly transpired we simply were not on the same page. We have mutually agreed to stop working with each other and It’s a shame but better to act quickly now and cut our losses than let a relationship fester to the point of unhappiness.
How about you?
Are you working with a client that needs to go?
Perhaps have a relationship with a supplier that needs to change or stop?
Maybe even a problem with a member of Staff?
Sometimes we just need to cut our losses and move on…
Just say ‘in.
Until the next time...
Peter
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