Join Over 90,000 People & Get FREE Weekly Tips in Your Inbox!

SUBSCRIBE
Stacks of poker chips in black, blue, green, and red are arranged on a table alongside red six-sided dice. Nearby, there is a hand of playing cards showing a king, queen, jack, and eight of clubs. The setting suggests a card game.

Strategy

How to Tell If It’s Time to Call it Quits on Your Product, Service or Business Idea

Years ago, I got in touch with a celebrity astrologist.

It was right before I married Murray and I wanted to know if we were “astrologically compatible.” 

So, I received our astrological charts and a report with all these colors on it. Green was good. Yellow was okay. And red was a big no-no. 

Our report looked great! It was all green except for this one area that was red. 

So, I got on a call with the astrologist and I asked her about it.

She explained that even though my report with Murray had this one red zone, all of those green areas actually had the power to transcend that single bit of red.

 But then she said to me, “This is the reason why I’m not really offering these relationship reports anymore. When you give out black and white frameworks, some people decide their relationship isn’t worth it based on this one thing and that’s just not true.”

And I totally get that.

Some people get their chart done and all of a sudden there’s a bunch of yellow and red zones and they think, “This relationship is going to fall apart, I’m outta here!” even though there’s so much that’s good and they can work through the challenges.

And this brings me to today’s post.

I’ll be straight with you… I almost didn’t write it.

When it comes to “predicting” success -- or failure -- with a product, service or business idea and making a “double down or let go” decision, it’s like a relationship or marriage, there are so many variables, so many elements that play into it.

The truth is there are no guarantees and no easy answers. 

And from what I’ve seen and what I know -- the final result -- has to do with your commitment, your tenacity, your vision and your willingness to take action. 

So, I don’t want you to read something here that prompts you to give up on a product or business idea that might have worked with the right amount of persistence and with the right execution.

BUT having said that, I know this is an important topic and it’s something every entrepreneur deals with at some point.

 So I’m sharing what I know, what I’ve experienced and the method that helps bring clarity to the decision making process out in the real world. 

The 15 Degree Pivot

If you feel stuck on whether to keep going or quit on a product, program, service or even your entire business, it’s usually because you think you MUST choose 1 out of 2 options -- keep going or walk away.

But what if that’s just not true?

What if I tell you I found a way to do both? I call it the 15 Degree Pivot and here’s how it works…

The first thing is to look at your product or business idea or whatever it happens to be, not as ONE thing but as parts of a whole.

Break it all down into sections, aspects, features or segments… whatever works for you. If it’s an online coaching and training program, you might break it into: content/curriculum, group coaching calls, membership site, etc.

Then separate all of that into 2 main categories -- the parts that are working and the parts that are not working.

Now evaluate. 

Figure out if it’s possible to tweak, switch, rebuild or rework the things that are not working.

I call this the 15 Degree Pivot because a lot of the time you don’t need to start over from scratch because you’re just 15 degrees away from achieving your goals… and it’s about looking for those pieces -- those Pivot Points -- that let you turn everything around.

Don’t Throw the Baby Out… 

Here’s the thing…

A lot of the time it could be that your product is good, but you’ve got the wrong audience or maybe your audience is good, but your offer isn’t right for them.

Sometimes it’s something totally different like your marketing message, your price or your delivery method that needs to change.

And sometimes it’s something subtle like context.

For instance, maybe you’re a copywriter and you love writing video scripts but you hate creating scripts for corporate clients.

So, writing scripts is great but when the context changes -- when you’re writing for a specific type of client -- it’s not so hot anymore. 

I’ve seen a lot of people give up on a project, or offer or service or even their entire business because they don’t like 1 or 2 parts of it.

And the truth is that there are so many elements to what we do in business and so many places where things can go right… and things can go wrong.

With the 15 Degree Pivot you don’t have to throw out the baby with the bath water.

You don’t have to drop everything, stand by and watch your dreams die because you get to double down on the things that work…

And let go of the ones that don’t

It’s Not About How Much You Make

Something else I want you to think about…

Lots of people believe the “double down or let go” decision is all about money.

They consider their return on investment, their profits, their bottom line.

They make every single decision based on how much they’re going to make.

Yes money and profits are critical but based on personal experience (and what I’ve seen working with thousands of entrepreneurs), here’s what I know for sure… 

Building a successful business isn’t just about the money. It’s about much more than that.

I’ve let go of products and services that were making big money for us at Live Your Message but didn’t make me feel the way that I wanted to feel.

So, I’m going to say that a key part of making the right decision is about getting honest with how you feel.

Are you enjoying doing what you’re doing in your business? Does it feel like you’re in your zone of genius?

Are you feeling good about selling your program or service or whatever it happens to be?

These are deep questions and only you have the answers.

Damned if You Do, Damned if You Don’t 

Right now, at the time of writing, I’m feeling kind of raw because I’m at the double down or let go stage with one of my products.

And if you’ve been where I’m at you know how hard it is to make the right decision. 

When we put our heart and soul into something and it’s not where we want it to be in terms of impact or income (or both), it’s hard to keep going and it’s even harder to hit the kill switch.

And it feels like “damned if you do and damned if you don’t”.

But I’m working through this and I’m using the 15 Degree Pivot (I believe in practicing what I preach :-))

I’m going to get quiet and get honest about how I feel about this thing and I’m going to look for those Pivot Points.

And if I know deep down in my heart of hearts that it’s right to keep going, then it could be worth doubling down.

Just like with my husband Murray… I knew in my heart of hearts I wasn’t going to let a little bit of red change my mind and I was right 🙂

Over to you… 

What’s one product, service or business idea where you’re torn between hitting the kill switch or going all in? How do you feel about it? What does your gut tell you, stay or go

Share your thoughts in the comments. I read and reply to each one 🙂 

3D cover of a mini course titled Profitable Micro-Niches featuring a woman smiling, surrounded by money graphics and icons like targets and dollar signs.

Love it? Hate it? Let me know...

  1. Jacqueline Lucien Avatar
    Jacqueline Lucien

    I have two books out dealing with my subject the ancient meaning of the alphabet and how that meaning influences words we use today. I find some can hear me really fast and some can’t get the significance at all. I know what I am writing is extremely valuable. I just found that one of my books is selling for $100 in the uk and $101 in the emirates. I saw that another author had a New York times best seller that is on the periphery of my subject. but I go deeper and connect more dots. I need help me with my message for a product.

    1. Marisa Murgatroyd Avatar
      Marisa Murgatroyd

      It’s a fascinating subject that I’ve studied a bit too Jacqueline! The question I recommend you ask is how can you make this super relevant to people now? What can someone do with this info? 🙂

  2. Jerry L Fletcher Avatar
    Jerry L Fletcher

    Marisa, this is an honest and truly helpful look at a problem I see frequently in clients of my consulting business. Your 15 degree pivot is a brilliant way to deal with it. It absolves the developer while focusing on a solution that keeps the product/service alive. This one is going in my file of practical solutions. Thanks!

    1. Marisa Murgatroyd Avatar
      Marisa Murgatroyd

      You’re welcome Jerry! It makes a lot of sense. Why throw out the baby with the bathwater? Sometimes the gold just looks a little different than you think it does… 🙂

Leave a Comment

POPULAR

A man sitting on a couch, holding papers and a notebook, looks thoughtful with his hand resting on his face. He is wearing a white shirt and appears to be lost in contemplation.

You’re Good at What You Do. So Why Aren’t People Paying You for It?

A cluttered desk with notebooks, sticky notes, coffee cups, a laptop displaying tabbed documents, and a lamp. Notes include book outlines, course ideas, blog post ideas, and motivational quotes.

The Real Reason You Keep Starting Things You Never Finish

A four-leaf clover sits beside a laptop displaying a rising financial graph, with a notebook and pen on a sunlit wooden desk, suggesting good luck and business growth.

The St. Patrick’s Day Business Lesson Nobody Talks About: Why Luck Has Nothing to Do With It

A woman sits at a wooden desk by a window, holding a mug and looking outside. An open notebook, pen, and closed laptop are on the desk. Bookshelves and potted plants are in the background.

The 5-Minute Weekly Ritual That Keeps Your Business on Track

Join Our Newsletter

A stylized drawing of a woman seated and reading a book in a cozy, circular space filled with cushions. The scene is framed by bookcases, plants, and a decorative, intricate border, creating a tranquil and inviting atmosphere.

Sign up to get updates and all the goodness to your inbox!

SUBSCRIBE

Interested in Joining the Live Your Message Dream Team?

SEE OUR OPEN POSITIONS
Privacy Overview
Live Your Message

We use information collected through cookies and similar technologies to improve your experience on our site and analyze how you use it. Because we respect your right to privacy, you can choose not to allow some types of cookies. However, blocking some types of cookies may impact your experience of the site. In some cases, data obtained from cookies is shared with third parties for analytics reasons. You can exercise your right to opt-out of that sharing at any time by disabling cookies.

Necessary Cookies

These cookies and scripts are necessary for the website to function and cannot be switched off. They are usually only set in response to actions made by you which amount to a request for services, such as setting your privacy preferences, logging in or filling in forms. You can set your browser to block or alert you about these cookies, but some parts of the site will not then work. These cookies do not store any personally identifiable information.

Analytics Cookies

These cookies and scripts allow us to count visits and traffic sources, so we can measure and improve the performance of our site. They help us know which pages are the most and least popular and see how visitors move around the site. All information these cookies collect is aggregated and therefore anonymous. If you do not allow these cookies and scripts, we will not know when you have visited our site.

Targeting Cookies

Targeting Tracking Technologies may be used on our Website by our advertising partners (or set directly by our advertising partners) to collect data about your online activity. They record your visits to our Website, the pages you have visited, and the links you have followed. They are used by our advertising partners to build a profile of your interests and show you relevant advertisements on our Website as well as other sites. For example, they’re used to detect when you click on an ad and show you ads based on your social media interests and browsing history.