Out of all the advice I’ve ever given, or will ever give, this principle seems to be the most important. Why? Because I see the same mistake made over and over and over again.
Do not make important decisions regarding your business when you’re strapped for cash or when you’re emotional. You won’t be thinking clearly, therefore you’ll make poor decisions. Just like going shopping when you’re hungry.
My advice? Take a deep breath. Consult a third party, preferably one you trust. Or, at least wait until you’re no longer hungry.