Discover this podcast and so much more

Podcasts are free to enjoy without a subscription. We also offer ebooks, audiobooks, and so much more for just $11.99/month.

Ep. 230: Erika Lucas (Part 2): When Is It Time To Close Your Business?

Ep. 230: Erika Lucas (Part 2): When Is It Time To Close Your Business?

FromThe Unapologetic Entrepreneur


Ep. 230: Erika Lucas (Part 2): When Is It Time To Close Your Business?

FromThe Unapologetic Entrepreneur

ratings:
Length:
58 minutes
Released:
Feb 19, 2024
Format:
Podcast episode

Description

In this episode, Amanda McKinney and Erika Lucas discuss the topic of knowing when to shut down a business. They emphasize the importance of listening to customers and being receptive to their feedback and also checking in with yourself to ensure the business is still connected to your values. They also discuss failure, adaptability and getting support from other entrepreneurs. The combination of understanding data (revenue, product-market fit, etc.) as well as your capacity and willingness to continue are the keys to understanding if it's time to shut your business down or address burnout. Throughout this conversation they both share personal examples and highlight that all entrepreneurs have moments of doubt so you're not alone if you're feeling this way.  Takeaways: Listen to your customers and be receptive to their feedback. Failure is a natural part of the entrepreneurial journey and should not be attached to personal identity. Adaptability is crucial for success in entrepreneurship. Self-evaluation is important to determine if your business is still aligned with your values and goals. Seek support and guidance from other entrepreneurs who have experienced similar challenges. Resources Mentioned:  StitchCrew: https://www.stitchcrew.com/ VESTHer: https://www.vesther.co/  VESTHer Podcast: https://www.vesther.co/podcast  Erika's LinkedIn: https://www.linkedin.com/in/erika-lucas-51207911/ Erika's Instagram: https://www.instagram.com/erika_lucas07/ Erika's Tiktok: https://www.tiktok.com/@erika_lucas7?lang=en Erika's Threads: https://www.threads.net/@erika_lucas07 Amanda's Free Resources: https://www.amandamckinney.com/free All podcast episodes: https://pod.link/1473751874 Amanda's Website: https://www.amandamckinney.com/ Amanda's Coaching Options: https://www.amandamckinney.com/coaching Amanda's Book: https://www.amandamckinney.com/book
Released:
Feb 19, 2024
Format:
Podcast episode

Titles in the series (100)

Looking for inspiration as well as step-by-step marketing advice for your yoga business? Then you’ve come to the right place. Amanda McKinney is a Marketing Coach for Yoga Teachers specifically. She takes all the marketing advice and tailors it specifically to you, the yoga teacher looking to grow your business but more importantly, your impact. No sleazy marketing tactics here, it’s all about marketing yourself as a yoga teacher in an authentic way. From using Instagram to launching online offerings, she’s got you covered with your Next Best Step and an extra dose of encouragement in each episode too!