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Loic Savage on Turning Your Obstacles into Opportunities

Loic (venture369 #7)

When many people face obstacles in life, they simply give up. It can be hard to continue on your current path when tragedy strikes, but changing your path might be the best way to continue. Loic Savage is an online business owner who urges people to convert their obstacles into opportunities.

Hurdles in your business life are bound to happen. If you’re attempting to build your own company or service from scratch, there are definitely going to be struggles. The path to achieving these milestones isn’t clear cut, especially since most people work 9-5 jobs instead of becoming entrepreneurs.

“There’s no road map to success when you’re creating your own business,” warns Loic Savage. “Failing at certain things and having to dust yourself is normal.” Often, obstacles you might face in your business will give you important information. For instance, if one of your products isn’t selling but you expected it to be huge, you’ve found an opportunity: to create a product that will perform better. If your website crashes and you miss out on several days of sales, you have the opportunity to switch to a different provider so that you won’t have the problem in the future.

“Don’t let obstacles slow you down and make you give up hope. There’s tons of time to figure out how to make your business run the way you want. Take the time to figure out where to go next, and use this as an opportunity to become a more seasoned professional.”

However, sometimes obstacles are bigger. You might have to file for bankruptcy, lose your business, or run into legal trouble. These issues could cause your business to go down. “It’s a tragedy when a business fails, especially when you put your heart and soul into it. However, even something so sad can be an opportunity.”

If you can’t continue one venture, it might be the universe telling you that this isn’t what you’re supposed to be doing with your life. “Take the time to really examine what you love. Maybe there’s something that you’d enjoy more, now that your time and energy is readily available.” You can always start a new business, follow a new passion, or take a break to collect your thoughts. Don’t slide back into a lifestyle you don’t want to be in simply because of one misstep.

Loic Savage owns multiple online stores on Shopify, and he’s about to open another company in less than two months. He’s learned that diversifying your income streams and starting multiple businesses is one of the best ways to stay on your feet, even when you experience obstacles. He’s able to work so hard because he’s passionate about what he does. “I always hated working 9-5 jobs and giving my labor to someone else. Now I’m able to be my own boss and find opportunities for myself.”

Failure might seem like the end of your entrepreneurship journey. However, sometimes it’s only the beginning of something even more exciting.

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