Build Your Tribe | Online Business And List Building

Are you an entrepreneur at a crossroads, wrestling with the decision to pivot your business or stick with the status quo? This episode of "Build Your Tribe," hosted by the renowned business coach Chalene Johnson, is your ultimate guide to making that critical choice. Learn the 7 Principles to assess if it's time to make a business model shift, including evaluating industry trends, assessing demand, and considering your personal health and energy. Key Takeaways: How to assess if your business growth is stagnant or declining. Recognize the signs of declining customer demand and market shifts, influenced by factors like technological advancements and AI tools. Understand the toll your business may be taking on your mental and physical health. Evaluate costs, margins, and whether it's an ongoing trend affecting your profits. Rekindle or reassess your passion and excitement for your business. Importance of consulting key people in your life and business. The "sunk cost fallacy" and how it can trap you into making