Entrepreneur

What to Do When Your Budget Is Blown

Find out how to learn from your mistakes and what your next steps are.
Source: Shutterstock

Q: When my budget goes off the rails, should I try to get back on track or start over?

A: Unlike most business questions—to which my response is typically “It depends”—this one has an unequivocal answer: Yes, you need to start over. But that doesn’t mean you should trash your

You're reading a preview, sign up to read more.

More from Entrepreneur

Entrepreneur3 min read
Having Trouble Selling Your Product? Rethink Your Sales Force
When police-uniform brand Her BlueWear struggled to sell its products to cops, it built a sales team its customers would trust.
Entrepreneur8 min read
Supermodel Karlie Kloss's Lesson to Young Women: Never Be Afraid to Ask Questions!
The Project Runway host built a coding school, Kode With Klossy, to inspire a generation of tech-savvy women. But her real mission, she says, is much broader.
Entrepreneur5 min read
Why Netflix Co-founder Marc Randolph Doesn't Regret Stepping Down as CEO
Listen to Marc Randolph on our podcast, Problem Solvers: Marc Randolph speaks with rare humility, like a man with no regrets. “The decision to step down as CEO and bring Reed [Hastings] in,” he says, “was probably the best decision I ever made at Net