TMBA519: Chasing Growth: What Happens When Your Business Burns You Out?
Tropical MBA: Entrepreneurship & Founder Lifestyle
Dan Andrews; Ian Schoen
4.9 • 527 Ratings
🗓️ 14 November 2019
⏱️ 32 minutes
🧾️ Download transcript
Summary
We first spoke to Kevin Graham on this podcast two years ago in what ended up becoming a somewhat controversial episode about building generational wealth on Amazon.
Since then, it has become a sort of annual tradition for Kevin to return to the show and update us about his entrepreneurial journey.
Last year, he shared his thoughts on "The Helsinki Bus Theory" and his decision to start a web hosting business, which has since become SiteArrow.
Since we last spoke, Kevin had adopted a bold strategy of rapid growth, acquiring 9 different businesses in less than a year.
That plan ended up being more than he bargained for, though, and he found himself working long hours, getting into unhealthy habits, and ultimately feeling extremely burned out.
Kevin joins us today to talk about the perils of chasing growth, the steps that he's taken to course-correct, and the three principles that he has adopted to avoid getting burned out in the future.
Transcript
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| 0:00.0 | I'd lost the sense of that, like, work-life balance between the two and stuff was a lot more |
| 0:07.7 | focused on the needs of the business and grow, grow, grow at all cost to, like, kind of |
| 0:13.5 | almost that ego thing of, wow, look at how big my business is, look at all the growth |
| 0:17.5 | we've done over this period, and like like there's more to life than that. |
| 0:24.8 | Hey podcast listener. Even if you are alone in your entrepreneurial journey, know that today, |
| 0:29.6 | right now in your earbuds, you are joined by thousands of entrepreneurs from all around the |
| 0:34.2 | globe seeking to grow better, more profitable, location independent businesses. |
| 0:39.0 | If you'd like to learn more about what we do and download our entire back catalog, |
| 0:44.2 | check out tropical MBA.com. |
| 0:53.7 | As many of you know, I'm in Chang Mai, and for me that means three things. |
| 0:58.0 | Number one, I'm meeting with tons of you, whether that's on the bike, the golf course, |
| 1:02.9 | or at a coffee shop. |
| 1:04.4 | It's amazing to get to know DC members and the listeners of this pod. |
| 1:08.6 | Number two, I'm eating way too much delicious Thai food, which is something that I've come |
| 1:13.6 | to it, except as a consequence of my placement here in Chiang Mai, the food capital of Thailand. |
| 1:19.2 | And number three, there will be an interview with Kevin Graham, an annual tradition. |
| 1:25.1 | And something I love to do on this show is follow up with people's |
| 1:29.2 | stories and you can actually see their journey unfold in real time and hopefully get a |
| 1:35.5 | fuller sense of what this entrepreneurial journey is all about, especially as it extends out |
| 1:41.7 | over a career. So let's do a little bit of a catch-up for those of you who are not DC members. |
| 1:47.4 | That's, of course, the Dynamite Circle, our private members group. |
| 1:50.4 | Kev's going to mention that quite a bit on today's show. |
... |
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