Lost And Don't Know What To Do.
I have hit a serious fork in the road and feeling very anxious and overwhelmed. I left my corporate job 2 years ago to pursue my jewellery business. It was making around 30k per month until i had a copyright issue and had to scramble to completely change all my inventory, rebrand etc. I took a massive financial hit when this happened 18 months ago and have been crawling my way back to having savings and trying to make progress with the business. At the start of this year i was completely broke and had $800 to my name. I have spent all year trying to build my resources back up again to get to the point where I can have enough capital to be running my advertising whilst not depleting all of my funds and having enough to live and pay rent.
To give context I am 25 currently and moved interstate to my dream city 4 years ago. I have loved it here and have grown alot as a person but its been very hard with alot of ups and downs. I have been working for a friends business this year remotely helping out with his ecom business and I've just lost my job suddenly.
I currently have 13k in savings with 18k in my business funds and a 3k business amex bill. I am seriously considering moving back home to live with my parents again. They would be more than happy to have me but I just feel like a failure if I move back home. My thinking is that I will have much more support being at home because I feel alone in my current city. It would also allow me to significantly reduce my bills meaning I can breathe a bit and work on my business. I have to go back to my parents place at the end of October for a month regardless to house and pet sit. I have obviously thought about applying for new jobs but its hard to do so and have employers take me seriously when I have to go back home for a bit and realistically cant start a new job till start of December.
Feeling so overwhelmed. I know my business will be profitable and successful again. I have extremely high margins, good branding, and the resilience to keep going I am just unsure what to do. Do I stay living out of home in the city I love and watch my money dwindle and then struggle to try find work at the end of the year or do I move back home with my family, have a bit of a reset and figure out what to do next and have the support around me whilst I do that. Any advice would be greatly appreciated as I'm extremely overwhelmed and anxious about what to do.
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