How much is enough? I've been grappling with this concept a lot lately. Does success equal continuous growth? An ever-increasing profit? When is it finally enough?
This blog post by Plain and Joyful Living got me thinking and thinking and thinking. How do I define success? For Dancing Threads RI, for myself, for my family?
The business concept that if you're not growing, you are failing, is so amazingly wrong to me. When you hear market reports about XX company *only* grew by 5% last year, presented as if that was a horrible failure--I don't think I ever want to play that game. Growing a business just to grow is certainly not my style. Advice articles and blogs implying that handmade artisans such as myself must follow suit in order to be successful can be found everywhere.
I'm not a corporation, nor do I ever want to become one. I'm not interested in having a product picked up and mass-produced by Target. I don't want to take on debt to expand the business.
I have goals and new ideas, but I mostly want to maintain my current business plan. It's going well. Really well. I'm meeting my financial goals, and that is fantastic! Bonus that I'm having fun doing all of this. I feel extremely successful. The profit may not be a lot, according to <insert random metric>, but it is more than enough for me.
If I were to grow, that would mean more stress, more hours, more juggling, less flexibility for things like snow days/sick kids/cooking meals from scratch, in order to *maybe* have more profit.
Dancing Threads RI is doing exactly what I hoped it would do at this point: channel my creative expression while contributing to the budget and allowing flexibility to be available for my family when I am needed. That is more than enough. It is also success!
How do you define success for yourself? What is enough? I would love to hear your thoughts in the comments.
As co-owner of Stitchery in Portsmouth, RI, I teach sewing classes to children and adults. Welcome to my blog Dancing Threads RI.