Nathan Chan, owner of Foundr, a business merging media with entrepreneurship training, shares his journey through burnout after achieving success. He emphasizes the need for self-care and finding joy in entrepreneurship despite challenges. Chan discusses the intricacies of hiring high-level talent, offering practical strategies for attracting the right leaders. He highlights the importance of clear expectations and thorough evaluation processes in recruitment, all while navigating the dynamic landscape of growth and leadership in business.
Nathan Chan's experience with burnout highlights the necessity of self-care and proactive stress management for sustainable entrepreneurship.
The podcast emphasizes how a strong media presence enhances authority and credibility, enabling access to influential founders for valuable insights.
Deep dives
Democratizing Entrepreneurial Education
The podcast emphasizes the mission to democratize entrepreneurial education, which is achieved through an online school and media platform. The online school aims to provide comprehensive business education, facilitated by instructors who have practical experience in starting and growing businesses. This initiative seeks to offer valuable resources to both aspiring and existing entrepreneurs, enabling them to learn essential skills for success. The media side complements this by featuring interviews with successful founders, sharing their insights and experiences to foster a knowledge-sharing community.
Building Authority Through Media
The conversation highlights the importance of media in establishing authority and credibility in the entrepreneurial space. Utilizing a magazine format has been identified as a powerful tool to convey messages and attract notable figures for interviews, enhancing the platform's reputation. The hosts discuss strategies to engage high-profile individuals, stressing that effective timing—such as aligning with their promotional events—can facilitate access to influential guests. By focusing on creating a significant audience and providing them with a platform, the hosts are able to attract notable entrepreneurs and foster meaningful dialogues.
Achieving Work-Life Balance
The discussion delves into the challenges of maintaining a healthy work-life balance amidst the demands of entrepreneurship. One host shares personal experiences with burnout, emphasizing the need for self-care and proactive management of stress to ensure sustainability in one’s professional journey. Incorporating practices such as regular breaks, therapy, and quality sleep had a significant positive impact on well-being and productivity. The importance of enjoying the journey of building a business is reiterated, as true fulfillment comes from aligning work with personal values and maintaining an awareness of overall health.
Nathan Chan seemingly had it all. His business, Foundr, is hugely successful, combining media with entrepreneurship training. He interacts with prominent global founders. Then came burnout. "I experienced burnout earlier this year for the first time ever," he told me. "It wasn't good. I realized I had just ground myself out."
Listener reviews of Ecommerce Conversations elevate visibility and help others experience the lessons of online entrepreneurs. We invite you to leave a review on this channel.
******
The mission of Practical Ecommerce is to help online merchants improve their businesses. We do this with expert articles, podcasts, and webinars. We are an independent publishing company founded in 2005 and unaffiliated with any ecommerce platform or provider. https://www.practicalecommerce.com
Get the Snipd podcast app
Unlock the knowledge in podcasts with the podcast player of the future.
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode
Save any moment
Hear something you like? Tap your headphones to save it with AI-generated key takeaways
Share & Export
Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more
AI-powered podcast player
Listen to all your favourite podcasts with AI-powered features
Discover highlights
Listen to the best highlights from the podcasts you love and dive into the full episode