Join Josh Payne, founder of Stack Commerce and endurance sports enthusiast, alongside Jon Roberts, executive coach at Novus Global. They candidly discuss Josh's post-sale journey, sharing how mindset shifts helped him navigate anxiety and reclaim balance after a $100 million deal. The duo dives into the importance of breaks, the evolution of personal goals, and the transformative power of coaching. They also draw parallels between endurance sports and entrepreneurship, highlighting resilience, community, and the lessons learned along the way.
Josh Payne's journey illustrates that financial success does not guarantee personal fulfillment, leading him to seek balance through endurance sports.
A significant shift in mindset from high-functioning anxiety to growth-oriented thinking allowed Josh to overcome mental blocks and embrace personal growth.
Endurance sports taught Josh the importance of pacing and resilience, paralleling his entrepreneurial journey by emphasizing consistent effort over immediate results.
Deep dives
Transitioning from High-Stakes Entrepreneurship
Josh Payne's journey reflects a significant transition from the intense pressure of high-stakes entrepreneurship to discovering a healthier, more balanced lifestyle. After selling his company, Stack Commerce, for over $100 million, Josh faced new challenges, realizing that financial success did not equate to personal fulfillment. Engaging with endurance sports became a crucial aspect of his life, helping him reconnect with himself and rediscover passions that had been overshadowed by the demands of running a business. This shift allowed him to unlock a new stage of personal growth, demonstrating that success in business and personal life can be intertwined through mindset changes.
The Importance of Mindset Transformation
A key insight from Josh's story is the critical role of mindset in overcoming mental blocks that hinder growth. Initially, he operated under a high-functioning anxiety paradigm, believing that fear and pressure were necessary for success. However, through his coaching relationships and personal reflections, he began to understand that many of his pain points stemmed from a mindset tightly focused on outcomes. Embracing a more open and growth-oriented mindset enabled him to pursue both business goals and personal challenges, proving that success is often more about internal change than external achievements.
Learning from Endurance Athletes
Josh's experience with endurance sports serves as a parallel to his entrepreneurial journey, providing valuable lessons about pacing, resilience, and long-term commitment. Training for events like triathlons and marathons taught him the importance of proper pacing and maintaining a sustained effort, rather than exhausting himself from the start. This realization led to a significant paradigm shift in how he approached both his athletic pursuits and his business leadership. The experience reinforced that true growth and achievement come from consistent effort and adapting strategies over time, rather than solely focusing on immediate results.
The Value of a Coaching Relationship
The podcast highlights the profound impact of a long-term coaching relationship on Josh's personal and professional development. His collaboration with John, an executive coach, helped illuminate paths for growth that he had not envisioned before, leading to breakthroughs in communication and leadership. By allowing for honest and transparent discussions about challenges and frustrations, the coaching dynamic encouraged Josh to confront his limitations and embrace a more generous approach to leadership. This evolution reflects how effective coaching can provide not only guidance but also foster accountability and deeper self-awareness.
Embracing Generosity and Future Growth
As Josh looks toward the future, he recognizes the transformative potential of adopting a mindset centered around generosity and community support. He desires to share his journey with other founders, helping them navigate similar challenges of anxiety and control in their entrepreneurial endeavors. His new company reflects this commitment as he incorporates the lessons learned from his coaching experiences. Ultimately, Josh's growth continues to evolve, with an emphasis on uplifting others and fostering a culture of collective achievement, reinforcing the idea that personal success can also mean creating opportunities for those around him.
YOUR FINEST HOUR | Today, Dan Leffelaar, Senior Partner & Director of Novus Global Sport, is joined by the founder of Stack Commerce and endurance sports enthusiast, Josh Payne and his executive coach & Novus Global Senior Partner, Jon Roberts.
In this episode, they dive into Josh’s entrepreneurial journey and what happened after “seed strapping” and selling his StackCommerce for over $100 million. Reflecting on the fear and anxiety that came with the sale, Josh shares his insights on how mindset shifts and the pursuit of endurance sports allowed him to reclaim power over his personal life and discover balance after immense professional success.
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This podcast is produced by Rainbow Creative with Matthew Jones as Executive Producer, Rithu Jagannath as Senior Producer, and Rob Johnson as Editor and Audio engineer. Find out more about how to create a podcast for you or your business at rainbowcreative.co.
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