Business & Bullsh*t: Watch This Before You Give Up On Your Business (EP #110)
The Founderz Lounge Episode #110 with Don Varady and Steve Bon.
Watch the full episode on Youtube:
Ready to throw in the towel on your business, or are you just burned out?
Don and Steve get real about business owner burnout, losing passion, and what to do before calling it quits. They break down why checking your cash flow, asking for help, and building a realistic turnaround plan matter more than making a permanent decision in an emotional moment.
Don shares how a struggling Clean Eatz franchisee started turning things around with local marketing and accountability. Plus, why having an exit strategy can help you stay in the fight, and how to recognize when it’s time to bring in new leadership.
Come for the banter. Leave thinking more like a founder.
Timestamps:
[00:00] Trailer
[01:09] Before You Give Up on Your Business
[02:27] Is It Burnout or Financial Trouble?
[03:35] Check Your Cash Flow and Build a Plan
[06:29] How a Struggling Franchisee Turned Things Around
[09:27] Why Business Owners Struggle to Ask for Help
[11:03] Do You Still Have the Passion?
[12:42] The Cost of Mentally Checking Out
[14:23] Why an Exit Strategy Can Keep You Going
[16:51] When Your Business Needs New Leadership
[19:14] Why Clean Eatz Needed a COO Instead of a CEO
[20:50] Don’t Make the Decision to Quit Alone
Key Takeaways:
“You're gonna lose passion for something when you're struggling. You just are. It's human nature.” ~Don Varady
Before you give up on your business, figure out whether you’re exhausted or your numbers are telling you you’re in real trouble. ~Don Varady
Having an exit plan can help you stay in the fight longer. ~Steve Bon
Staying in your business to recover your investment can backfire if you’ve already mentally checked out. ~Don Varady
The business doesn’t have to end when you step away. Someone else may be ready to take it further. ~Steve Bon
Before you decide to close your business, find someone to talk to. Don’t make that decision in an emotional state. ~Don Varady
Connect w/ Don and Steve:
Don Varady:
Facebook: https://www.facebook.com/don.varady/
Instagram: https://www.instagram.com/donvarady/
Steve Bon:
LinkedIn: https://www.linkedin.com/in/stephenbon
Instagram: https://instagram.com/stevebon8
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Tune in to every episode on your favorite platform:
Website: https://www.thefounderzlounge.com/
The Founderz Lounge Is Powered By:
Clean Eatz:
Facebook: https://www.facebook.com/CleanEatzLife/
Instagram: https://www.instagram.com/cleaneatzlife/
Website: https://cleaneatz.com/
Bon's Eye Marketing:
Website: https://bonseyeonline.com/

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