The Happy Millions Show With Liz Benny From Burnout to Breakthrough: Nathan Chan’s Success Story
Welcome to a transformative episode of "The Happy Millions Show"! Get ready to dive deep into the journey of Nathan Chan, the brilliant mind behind Foundr. Nathan takes us on an exciting ride from his days in IT support to the zenith of entrepreneurial success. Along the way, he draws inspiration from business world giants, showcasing how pivotal influences shape our paths.
In this enlightening conversation, Nathan lays bare his passion for interviewing trailblazing entrepreneurs and the profound impact it has on his own growth. But it's not all smooth sailing. Nathan candidly discusses the shadows of burnout and the crucial role of mental well-being in this journey, shedding light on the often-neglected side of success.
As we journey further, Nathan unveils the evolution of Foundr and his ambitious blueprint for the future. From crafting a powerhouse team to fostering growth through an advisory board, his insights illuminate the roadmap to entrepreneurial triumph. This episode is also packed with advice for visionaries, underscoring the importance of purpose-driven endeavors, mental fortitude, and savoring every step of the journey.
Don't miss out on the invaluable insights and inspiration waiting for you in this enlightening episode! Tune in, take notes, and let's embark on this transformative journey together!
SHOW NOTES:
00:00:00 Introducing Nathan Chan
00:03:31 Enjoyable Moments at Foundr
00:05:23 What Makes Renowned People Say ‘Yes’ to Foundr
00:08:32 The Vision and The Challenges
00:16:15 Passion in Business
00:23:55 Importance of Hiring the Right People
00:33:52 Discussion on Unhappy Millionaires and Mental Health
00:40:09 The Future of Foundr
QUOTES
“When I started Foundr, it started with just wanting to do work I was passionate about. And as long as I can keep doing that and just having fun. But business isn't fun. Like, you know, you want to talk about tough times. Last year was one of my hardest years in business. It was really tough. But for the most part, I love to build, I love to create, and I want to maximize life. I want to make the most out of life. And I think there's something very special around my job and what I get to do. And I think I'm all about once in a lifetime experiences, I'm all about maximizing life and making the most of it. And I think I'm on that path.”
“There is a light at the end of the tunnel, but you have to really, really focus on really changing that up. I think life is too short to do things you don't enjoy.”
“It's always a work in progress, but to be more disciplined that you can't do everything. You need to have a plan by having, in the beginning of the company, you need to take people on a journey, you need to get that by, you need to get that alignment and take everyone with you. that side of thing is, I believe, a reflection of entrepreneurial maturity, and what is realistic, what is not and what is achievable and what is not.”
“Maybe the definition of a millionaire needs to be rethought, maybe just because your business is turning over, a million dollars in annual revenue, but you're only making a hundred thousand in net profit. And that's what you pay yourself as your salary. Like maybe that's in that person classifies themselves as a millionaire. Maybe they're not.”
"If you always do what you always done, you always get what you always got."
“You could achieve this grandiose, crazy vision of helping building a platform that helps a lot of people at scale. But what's the point if your mental health ain't right? There you go. Like what's the point? There's a truth bomb. Like what's the point? There is no point. So you've got to look after yourself and you've got to really try. Just connect with what you're doing and really make sure that it's what you want to do.”