Episode 218: Resilient Minds, Thriving Ventures - Unleashing the Power Within Entrepreneurs to Overcome Burnout

06/28/23 • 38 min

In this episode, we delve deep into the treacherous terrain of entrepreneur burnout. Join us as we explore the subtle yet powerful warning signs that often go unnoticed, leading to the demise of even the most passionate and driven individuals. From relentless workaholism to deteriorating mental and physical health, we leave no stone unturned in uncovering the silent saboteurs that lurk beneath the surface.

But fear not! We don't stop at mere identification; we equip you with a toolbox of strategies and insights to combat and conquer burnout. James shares his personal experiences and battle-tested advice on how to regain control, rekindle your passion, and build resilience in the face of adversity.

Tune in to discover the transformative power of self-care, boundary-setting, and purpose-driven decision-making. We'll guide you through practical steps and mindset shifts to not only survive but thrive in the entrepreneurial world. Don't let burnout extinguish your dreams—ignite a new flame of balance, fulfillment, and sustainable success. Join us on this empowering journey toward reclaiming your entrepreneurial fire. #highperformance #burnout #selfcare #health

Awareness Plug / Ad: Podcast Guest: James Williams Company/Organization: The Growth Edge Position / Title: Certified High-Performance Coach Personal LinkedIn: https://www.linkedin.com/in/james-r-s-williams/ Company LinkedIn: https://www.linkedin.com/company/73776466/admin/ Instagram: https://www.instagram.com/jamesrswilliams/ Website: https://thegrowthedge.com/ Email: James @TheGrowthEdge.com

This is just a reminder. This is something that I've come across a number of times in my career as an entrepreneur, but it absolutely is true. If you know that you don't have the right people in the right seats, you should really look into changing that and getting the right people in the right seats.

We've had. A lot of turnover in some of our companies in the last six months or so, and a lot of it had to do with underperformance and me wanting to give people the opportunity to be able to quote unquote, grow into the position since we've replaced them and found other people to be able to be in those positions.

Those. Opportunities, those areas has have absolutely flourished. So don't be afraid to make that change when you see things not happening, uh, no matter how much you might want to keep kicking the can down the road. So,

On invest in square feet, we unlock the secrets of wealthy entrepreneurship. I'm Matt Shields and my mission is to help business owners just like you, protect your wealth so that you can invest passively into multifamily real estate. And speaking of investing passively in multifamily real estate, if you are looking to learn more about that, head over to invest in square feet and sign up for our monthly trainings where we walk.

Are potential investors through some of the knowledge that you need to have as a passive investor. In the multifamily industry today we're gonna talk about a topic that does not get covered nearly, nearly enough, and it's something that pretty well all entrepreneurs are going to face at one time or another, and they may not even realize that they're facing this.

The questions that we're going to answer today is, are you pushing yourself toward burnouts? We're gonna learn the hidden signs that high achievers normally will start portraying when they are on their path to toward burnout. And we're, we're gonna learn how to identify them and what to do when you are in those situations, or even have your loved ones listen to this episode so that they can understand whether or not.

You might be going through a burnout situation and they can help identify those particular situations. So with that, let's get onto the show. [email protected]

Well, the interesting thing about high performers like yourself is that high performers, you know, naturally can actually. Like go through burnout whilst not knowing they're in burnout, right?

That's, yeah. They can actually, they can actually do that because, I mean, I dunno if you under, you know what human design is, but there are all sorts of different personality profile testings. And so my wife's what's called a manifesting generator, and so that archetype has the ability to generate a huge amount of energy and we're not talking about fitness.

We're talking about this natural drive that you were just born with. And so you have this ability, but then what start, multiple things start happening. So, um, intrinsically things can start happening. Like you get very used to, um, your quality, your quality of sleep. Mm-hmm. Right? You get very used to, uh, certain pains...

You might be going through a burnout situation and they can help identify those particular situations. So with that, let's get onto the show. [email protected]

Well, the interesting thing about high performers like yourself is that high performers, you know, naturally can actually. Like go through burnout whilst not knowing they're in burnout, right?

Previous Episode

Episode 217: The Secrets to Short Term Rental Success - Strategies, Tips, and Insights Unveiled

Are you ready to unlock the secrets of the booming short-term rental market? Look no further than this captivating podcast with, Kirby Atwell. Join Kirby as he takes you on a journey into the world of investing and running short-term rental units, providing you with invaluable insights, tips, and strategies to maximize your profits and achieve financial freedom.

We cover both novice and experienced investors' questions with the knowledge and tools necessary to thrive in the short-term rental business. Kirby's expertise shines through as he shares his proven methods for selecting the right properties, optimizing listings, attracting guests, managing operations, and ultimately maximizing returns.

Whether you're looking to start your short-term rental empire or seeking to enhance your existing portfolio, this episode is your go-to resource for valuable advice and practical strategies that deliver results.

Awareness Plug / Ad

Start for a masterclass on the short-term rental market with Kirby Atwell Livingoffrentals.com

Today, I'm afraid I don't have very much insightful wisdom for you. I've been covering a property management position at a large property, 275 units here in Shaker Heights during a transition period between our property managers. So essentially we have our own property management company, but the.

Person, the individual who is managing this particular property decided to move on. A few weeks ago we found a replacement and he's gonna be starting in about a week and a half, and I'm covering during that period. So it's been a little bit busy and haven't had too much time to learn that much, but I hope you enjoy today's episode nonetheless.

Invest in square feet, we unlock the secrets of wealthy entrepreneurship. I'm Matt Shields and my mission is to help business owners just like you, protect your wealth so that you can invest passively in multi-family real estate. Today we're gonna learn all about short-term rental units. And why? One of the biggest misconceptions about short-term rental units is that you have to be in a vacation area in order to make it work.

The fact of the matter is, is that short-term rentals can be done in every city and everywhere in the country, and we get into some of that reasoning on today's episode.

Yeah. Uh, so I think there's probably two main things that I can point to back then. Number one was I was not clear on the outcome that I was after. So I, I got out of the military and I sort of, Envision just business success is making a bunch of money. And I started self-educating, going to a lot of different conferences and stuff, and you'd see the, the gurus on stage and they'd have, you know, uh, all the flashy things that they'd, they'd point to as success.

And that was kind of like, I guess my, my. Version of success at that time. And I, I was sort of chasing this, this idealistic version of success. And then it wasn't until till years later that I got really specific on what's my version of success. And I realized none of that material stuff even matters to me.

Um, and it was really, freedom is what I was after and cre and to get there, I needed to create cash flow. And so, So what I was doing in the beginning wasn't matching with the outcome that I really wanted, and so I, I could never get there because I wasn't very specific on, on what that outcome looked like for me.

Once I got real specific, then I could backwards plan and create the steps and then just follow the steps. Mm-hmm. Um, and then the other thing was I wasn't, um, I, I don't know if it's realistic or just I, I wasn't educated enough to understand the numbers and what it would take. To create a business and where to spend the money in the right place, that's actually gonna matter in the beginning, you know, and everyone telling you you need to do all these different things.

There's a million things you can spend your money on, and 90% of it is just bs. It, it doesn't, it doesn't matter. It's you. If you didn't do any of it, you didn't set up your website if you didn't go out and get business cards and didn't do any of that stuff in the beginning, that people tell you you need to do.

I mean, that's just a few examples of a laundry list. Um, it, it doesn't, and you just focused on creating a product that people. Want and, and need, um, and then figured out how to sell that, uh, you'd be so much better off. But in the beginning it feels better to, to market yourself and spend money on all this stuff.

That's just nonsense.

So if you, if you had to look back and do things over again and, you know, not invest in the website, not do the business cards, not do you know what, whatever, like the trade shows, the, you know, the, the various different marketing, um, How would you approach, how would you approach starting the business or, or, you know, ...

Next Episode

Raising Capital: Conversations Over Conventional Decks

Welcome to Invest In Sqft: where in this episode we dive deep into the world of raising capital for your ventures. Join us as we explore the fascinating journey of entrepreneurs who found success not in polished pitch decks but in unfiltered conversations. Discover insights, strategies, and the pivotal moments that led to chooseing candid discussions over traditional presentations. Get ready to reshape the way you think about fundraising and empowers you to navigate the capital race with confidence and authenticity. Tune in and transform your approach to raising capital!