When You Need to End a Business Partnership: How to Cope with the Loss

When You Need to End a Business Partnership: How to Cope with the Loss

There is nothing really permanent in this world, even a business partnership. Nevertheless, any kind of parting can be painful, and it can have an emotional impact to you. It is not going to be surprising if you tend to fall into depression or anxiety in the process.

Are there better ways to cope with the loss? The answer is yes. You can begin with the following:

1. Allow the liquidators and professionals to handle the case. You want to leave all the technicalities and legalities to the experts. You do not want to add more headaches into your life. The professionals will be the ones to deal with the creditors, suppliers, business assets, and even your employees.

2. Talk things over. Never end a business without even talking to each other. Though it is not all the time that a business partnership is amicable to both or all parties, it will somehow greatly reduce the chances of someone running after the business or worse you. Besides, you will never get to be partners if you are not friends in the first place, or the partnership may have already brought you together. It does not seem nice to also end the friendship in the process.

3. Give each other some space. Now not all business partners will want to communicate with you all the time. Some of them may ask for space to also go through the healing process. Allow them to do so.

4. Grieve. If you think you deserve to mourn for the loss, so be it. It is a lot better this way than to allow the negative emotions to pile up. You will just become a walking ticking time bomb, waiting to explode.

5. Meditate on what happened. It is very important that the loss does not end up in vain. When you are done with the grieving process, assess what really happened before the dissolution. Which caused the business to end? What lessons can you learn out of the experience? Make sure that you remember them well and apply them to your next business opportunity.

6. Never give up. The moment that you do so, it is easier to lose hope on other important things. Though this is going to definitely bring your self-confidence down, find time to take everything all back.

You can use subliminal messages in the process. Subliminal messages offer you a more meaningful way of regaining your self-esteem and motivate you to make better judgments. They can help change your current way of thinking. Subliminal messages can work as affirmations, which you definitely need when you are down.

Some examples of subliminal messages may include the following:

I will not allow this challenge to wear me down.

I view this as temporary setback.

My situation will not last for a long time.

There are better things that are waiting for me.

I am hopeful for tomorrow.

You can repeat these subliminal messages when you are meditating or visualizing or when you feel depression and anxiety kicking in.

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