What To Do When You Feel Like Throwing in the Towel (EP 79)

02 Oct 2024 • 14 min • EN

This episode of The Biz Doctor Podcast is for business owners who feel overwhelmed or on the verge of burnout with their business, helping you navigate what to do when you feel like throwing in the towel on your business. Join, the Biz Doctor, Lauren Goldstein, as she offers actionable insights on what to do when you feel like quitting or burning down your own business. We all face challenges— especially as business owners... you know, those moments when it feels easier to give up, or we really question if it's worth it...but how do you know *if* you should give up and pivot or not? Well that, my friend is, exactly what Lauren talks about this week! She draws from her own 13 years in business as she delves into how to recognize when it’s time to push through challenges or pivot in a new direction. Listeners will walk away with strategies to assess their business situation with clarity and powerful strategies to help you successfully navigate those tough times and support your mental health in the process; not to mention helping you decide objectively if it is time to "quit." Whether you're struggling with exhaustion or uncertainty, this episode will give you tools to regain focus, make informed decisions, and most importantly, remind you that your worth is not defined by your business. If you are on the verge of burnout, or want to avoid it, this is a must listen episode! Key takeaways: Surround Yourself with the Right People: Recognize the value of having a network of fellow business owners or mentors who have faced failure and bounced back. Their experience and wisdom can help guide you through challenging times and offer valuable perspective.Accountability and Self-Reflection: Build an inner circle that knows your strengths and dreams, and can hold you accountable when you lose sight of your goals. This support system can help you reconnect with your purpose.Play the "What If" Game: By exploring worst-case scenarios and outcomes, you can alleviate anxiety and gain clarity on whether it's time to pivot, take a break, or keep pushing forward. ------------------------- If you enjoyed this episode and it sparked something in you, please give us a 5-Star rating/review and share this with your friends and fellow business owners. Also, don’t forget to subscribe so you are the first to get notified when our next episode is live and ready for your ears. ------------------------- Meet your host. Lauren Goldstein is founder and CEO of the award-winning and globally-recognized business consulting firm, Golden Key Partnership. Her clients lovingly call her “The Biz Doctor” (which also happens to be the way this podcast got its name). Her superpower is helping 7-figure service-based entrepreneurs uncover what is keeping them stuck in the trenches of their business, so that they can have more freedom, profitability, impact, success, happier teams, and can breathe a much needed sigh of relief. She’s been featured in Thrive Global, Huff Post, Authority Magazine and is a trusted expert to Fortune 500 companies like Apple, Nike, and AT&T, among others. For more from Lauren, and to learn more about her signature diagnostic framework or how she helps business owners get out from under their business, visit her website GoldenKeyPartnership.com. You can also connect with her on Instagram or LinkedIn. The Biz Doctor Podcast is produced by Story Studio Network.

From "The Biz Doctor: smart strategies to scale your business, simplify your systems, and grow your team"

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