Hypothetical Situation:
Imagine you’re in a situation where, at the age of 35, you’re thinking of a significant life change. You started a small kirana store when you were 20 yrs. Over the years, through hard work, long hours, and determination, the business flourished and became a popular shop. However, two years ago, a DMart opened nearby, and slowly but you’ve noticed a steady decline in your sales.
Despite your best efforts to stay competitive, the rising costs of labor, rent, and a shrinking customer base are beginning to take a toll. You predict that, at this rate, your business won’t be profitable in the next two to three years.
As you stand at the point, you find yourself wondering: Should I continue fighting this battle, or is it time to pivot? You’re 35 now, and the idea of taking risks feels less appealing than it did when you were younger. You’ve already invested so much into this business, but the prospects for its future seem dim. You realize you may need to step away and seek a new path.
Question to Consider:
Given this situation, how do you transition from being a small business owner to entering the corporate world? What roles would you target, and what skills or experience would you leverage to make that transition smooth?
Or, if you’re thinking aloud about the options, what else would you consider doing if you were in this situation?
