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I had to say goodbye to our family business and my passion for 13 years... email this discussion to a friend?

myLot reputation of 98/100. iskayz (1291)   ranked 3 out of 1,318 in me3 months ago

Hi everyone!

I'm back!w00t Oh it really feels good to be able to log in into mylot again!wub. I was so busy for 3 days picking up things and items from our shop to our house. You see I had to close our family business which has been operating for 13 years. Business wasn't doing so good for several years now. A lot of business establishments were put up and shops and other local businessmen in our hometown were affected. From the day those establishments were put up, slowly and year after year local businessmen were affected by it.

Closing the shop was a hard decision to make. It took me a year to think it over. I was the one who took care of it from the very beginning and I still remember how business was great during those times and seeing it slowly deteriorating was sad. sad I had a lot of faith in the shop and said a lot of prayers for her too but those weren't enough. I don't want to loose everything that my family had from the shop thats why I agreed to close her. I'll try again someday to put it up. Or maybe a different kind of business for my family. I have my fingers crossed on that thought.

I'm hoping that I'll find comfort in mylot community during these times... Have you experienced something like this? Being able to make a hard decision that involves almost everything - your family, wealth and your emotions and passion?

Please do share.

 
 
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tags:  business, decision making, friends, small businesses, closing up shop
 
1. myLot reputation of 82/100. Pitgull (797)   ranked 542 out of 1,318 in me   3 months ago

They say blessings come in disguise. I am sorry to hear how hard this was on you, but I admire your strength.

When you have to decide between your passion and what is best for your family, and you choose your family...

Sometimes you need to quit while you are ahead, it doesn't mean you didn't do what was necessary, but maybe the business has served it's purpose to give you the experience necessary to open your other business in the future...

Glad you'll be able to spend some more time here at mylot....

Good luck and many bright blessings....:)


myLot reputation of 98/100. iskayz (1291)   ranked 3 out of 1,318 in me  3 months ago

Thank you so much for the kind words. I really needed that. I appreciate it from the bottom of my heart. You wouldn't believe I am so emotional right now that tears starts to fall.. Again thank you.

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2. myLot reputation of 95/100. fluffnflowers (1356)   ranked 473 out of 1,318 in me   3 months ago

That sounds really tough! It sounds like you had to make a very tough decisions, but I definitely respect you giving in to the knowledge that things weren't working and knowing that you've got a responsibility to your family. I hope you're able to start up again, when things are looking better, or find another outlet for your passion. Must be sort of like losing a friend!

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3. myLot reputation of 90/100. cursedsoul (603)   ranked 552 out of 1,318 in me   3 months ago

Oh dear, that would have been hard. 13 years is a really long time. Well, you must have learnt a lot from your experience and mistakes. What do you do now?


myLot reputation of 98/100. iskayz (1291)   ranked 3 out of 1,318 in me  3 months ago

Hi!happy Yes I did learned a lot from handling the family business especially in taking care of financial matters. I have met a lot of people too. It was a tiring job actually but a lot of fun also.

I'm trying to look for a job now. I have already sent out applications. For now while waiting for a job I am going to concentrate on my mylot and my PTCs.

Thanks for responding! Enjoy mylot. wink

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4. myLot reputation of 96/100. eihdra (822)   ranked 14 out of 1,318 in me   3 months ago

I started my boutique last 2003 because retail business is booming at that time. But, I too had to close it and give up my dream of having lots of branches in different parts of the country because of the economic crisis which started years back. Packed up all my unsold items last 2007.

it was hard because we really invested a lot of effort, time and money to the shop. My husband and I even postponed on having a baby because we really want to make things happen and be really prepared financially when the baby finally comes.

But, we had no choice. More cheaper products from China are coming in and the consumers were kinda became practical because of the crisis. Of course, we cannot blame them, I too, would embrace the cheaper products..

It took sometime before I was able to recover from the loss. That was my baby and I had to let it go. I hope that given another chance, I would open again another shop.

As for you, my dear..it really is saddening because yours was much longer than mine. You must have really love that shop!! Who knows, you will be able to open one again..

Let's both hope and pray that the crisis we are experiencing will recover. Many other business owners would be so happy to get back on their feet again...

cheer up.. thumbup

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