Pulling the plug on your own project is the most difficult decision even though it may seem simple and obvious to external people. Outsiders lack the affect and emotions that blind the founders, but are they the right people to call an end to projects?
|Don't let outsiders kill your project, make sure its value is clear to all and massive!|
A quick closure is always better than a slow death, in terms of both money savings and less pain. But killing all projects that are slow to grow isn't a solution either, as not all fast growing projects are successful in the long run.
Be careful of whom takes a decision to kill a project: as a founder, make sure the value generated is crystal clear and such that it needs to be kept alive. If not, kill it yourself.