Luis Santos
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Inner CompassJune 20264 min read

Knowing what to stop

Stopping a venture gets treated as failure. Most of the time it is just arithmetic you were too attached to do.

Over the past few years I stopped a run of food ventures, on purpose. On paper that can read as failure. In practice it was the same discipline that built the business that did work, pointed in the other direction.

We tried a lot in food. Ariana, Aroma of India, Joe's Tenders, Pasta Italiana, Tostada and Tartines, Super Salads, Healthy Eats. Several were cloud-kitchen brands built to test demand quickly and cheaply. A few found customers. None earned the right to the time and capital they would have needed to become real businesses, and saying that out loud early is harder than it sounds.

The sunk cost is the trap

The reason founders keep a fading venture alive is rarely the numbers. The numbers usually turned months ago. It is that you have told people about it, hired for it, attached part of your identity to it. Stopping feels like admitting you were wrong in public, so you fund it a little longer. The most expensive thing you spend is not the money. It is the attention you are not putting into the thing that is working.

Every venture you keep on life support is a tax on the one that deserves your focus.

Stopping well is a skill

There is a clean way to do it. Decide in advance what a venture has to prove, and by when. Look at the answer honestly when the date arrives, not three quarters later. Pay people properly, tell the truth about why, and carry the lesson forward instead of the guilt. Done that way, stopping is not a wound. It is information, bought at a price and put to use.

The discipline that lets you pour everything into First Class is the same one that lets you step away from a venture without flinching. Knowing what to stop is not the opposite of building. It is part of it.

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