Zombie

What are you talking about?! Run! It's already dead! Photo by Daniel Hollister via Flickr

I’m never an advocate for quitting a project. Unless it’s already dead. Believe it or not, there are many zombie projects/businesses out there. Entrepreneurs are a tenacious lot, after all. They rarely know when to call a project dead. Often, they pour more and more money and time into a project even after they have exhausted every avenue possible to make it a success. There comes a time when you just have to let a project go.

Knowing when is a difficult thing, though. I can’t say exactly when the right time is. If you asked me, I would have to respond with some wise words from one of my management professors from Santa Clara University. When we tried to get a specific way to handle a hypothetical situation from Professor Moberg, he would all too often answer with, “It depends.” (more…)