Posted by Dave Lorenzo - Business Coach

“Money often costs too much.” –Ralph Waldo Emerson

I have been working with a couple of clients recently who are both facing trying circumstances. One of them is struggling to come up with funds for developing and expanding his startup business, while the other is longing to end a very difficult business relationship but feels trapped because the financial reward of the situation is so good. This is a great reminder that money is not the answer to all our problems, and that no matter how much money we have, we will always face obstacles and enjoy benefits specific to us.

The younger client is short on funds but long on optimism and elbow grease. His strength is that he is not letting the financial situation be an obstacle. He’s viewing it as an opportunity to exercise his creativity and find innovative and inexpensive ways to develop his business. The older client feels trapped. He has grown comfortable with the income provided by this overbearing client, and he fears he will lose too much if he ends the relationship. He is having a hard time imagining what he stands to gain if he cuts his losses and moves on.

Money can set you free or chain you down. It is nothing more than a tool. How you use it is entirely up to you.

Filed under: Business Finance
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