I am publishing this post with a profound sense of sadness. Over the past six months, Tenacity5 experienced a lovely spike in growth. It was followed by an epic collapse while I was in Africa, creating a challenging situation.
Some of the issues had to do with client acquisitions and reorganizations, but I would be lying if I didn’t note that some of our own mistakes contributed to this situation. Though they have been corrected, we have been grinding through the current slump for several months. Now I have decided to sunset the brand at the end of the year.
My decision to do this lies in three factors:
1) We’re not making great money.
2) The work we are getting is tactical and not highly engaging (social media community management, blogs, white papers).
3) The amount of effort needed to turn the company around is extremely demanding for a middle-aged man with a family.
Frankly, any one of these reasons would not be enough to stop me. Even two might be worth grinding through. All three, however, have forced some deep introspection and a decision to return to independent strategy consulting short term; some photojournalism work; and a new, more enjoyable challenge long term. I guess tenaciousness has its limits.
Erin Feldman will inherit our remaining content marketing accounts and execute on them through the rest of the year (and hopefully beyond). She is a fantastic marketing program creator and writer. I want to thank her for all of her hard work over the past two years. Erin is literally the best employee I have ever had, and a tremendous team player. My hat is off to you, “Write Right”.
We will keep the Tenacity5 site up for any residual leads. Peace to those who have supported us during the past two years. I am grateful for our experiences together.