In short
HUNGRY Podcast Episode Summary: Espresso - Accept Pain, It's Meant to Be Hard - COOK
Episode Overview In this episode of HUNGRY, the host shares insights and reflections on the challenges faced by food and drink entrepreneurs. The discussion revolves around accepting the difficulties inherent in running a business, the importance of celebration, and the concept of stoicism as a tool for managing obstacles.
Key Themes and Concepts
- The 80/20 Rule in Business
- Concept: The host introduces the idea that 80% of a business may be functioning well, but entrepreneurs often find themselves focused on the 20% that is problematic.
- Implication: This perspective highlights the constant struggle and challenges that business owners face, revealing that a significant portion of their time may be spent addressing issues rather than enjoying successes.
- Acceptance of Pain and Struggle
- Mindset: The host acknowledges that running a business is inherently difficult and that this reality must be accepted.
- Personal Reflection: The speaker shares their personal experience, admitting that they often feel a sense of dissatisfaction despite occasional recognition of progress. They emphasize that motivation often stems from this discomfort.
- The Importance of Celebration
- Insight: The host reflects on their difficulty in celebrating successes, stressing that acknowledging achievements is crucial for a healthy business culture.
- Advice: Entrepreneurs are encouraged to take moments to appreciate their accomplishments, as this can provide motivation and satisfaction.
- Influence of Stoicism
- Reference: The episode mentions the book "The Obstacle is the Way" by Ryan Holiday, which discusses the stoic philosophy of finding opportunities within obstacles.
- Takeaway: The host suggests that recognizing challenges as opportunities can help entrepreneurs navigate the difficulties of business more effectively.
Sponsorship Highlight
- The episode features a promotion for Unleashed, an inventory management software that offers integration with financial and e-commerce systems. The host shares personal experiences of how this software has improved their business efficiency and reduced administrative costs.
Closing Thoughts
- The host expresses gratitude for the listeners' support and encourages them to enjoy their day, reiterating the importance of embracing both the challenges and successes of entrepreneurship.
- Calls to action include connecting via social media and exploring additional resources linked in the show notes.
Key Takeaways
- Embrace the reality of ongoing challenges in business and prioritize addressing them.
- Celebrate successes, no matter how small, to maintain motivation and morale.
- Consider stoicism as a helpful mindset to reframe obstacles as opportunities.
- Leverage tools like Unleashed to streamline operations and focus on growth.
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This episode serves as a motivational reminder for entrepreneurs to accept their challenges, celebrate their victories, and continuously seek improvement.
Written by AI. May contain mistakes. Listen to the episode to check what was said.
Transcript
Automatic transcript. May contain errors.0:01Morning, morning, or welcome. Yes, I have grown a tash, I have got a nose ring and I am covered in tattoos. I am your barista for the day. Welcome to Espresso short, snappy Espresso short podcast episodes. I've literally downloaded all the wisdom from all the founders and all the brands like Good, Tills, Coconut Collaborative, Candy Kittens, Little Moons, Planet Organic and I've distilled it into this micro, short, snappy wisdom to give you a mabooosive edge on the day to kickstart your day so look, without further ado, let's get cracking and enjoy this espresso shot I heard something on a podcast a few months ago that really resonated with me which was there's a sort of 80-20 rule if you're going to run a business.
0:4480 % of your business will be okay, will be going well to varying degrees. But the reality is if you're running a business, you're likely to exist in the 20 % all the time. The 20 % of your business that's not right, that needs to be sorted out. And you just kind of have to accept that actually your working life is going to be spent largely in that 20%. and as I said at the beginning it's kind of always it always has felt difficult and it feels difficult now and although I can sort of sometimes very occasionally sort of take a step back and sort of look at things and go you know gosh we have we've done all right haven't we um most of the time I don't don't feel like that at all I feel just ah this isn't right this isn't right this isn't right and and i think the the moment that i don't feel like that will probably be the moment that i know i need to sort of step aside and go and do something else and let better people get on with it but i think as long as i'm motivated and still up at 3 a.m worrying about x y instead then i've probably got a job to do but it's that's just it is the nature of doing it you never you always think oh if i you know if we could get to this point or that point everything's going to feel okay and i think the truth is you never quite get there um though my sister would say i'm absolutely rubbish at celebrating and enjoying the successes we do because i think it's so important for a business to enjoy and celebrate successes when they happen it's a vital part of it but yeah i find i find it quite difficult if i'm honest quick one guys espresso has got a brand new sponsor unleashed unleashes inventory management software that talks directly to your finance and econ software.
2:28We use Unleashed daily islands. I bloody love it. We've got our admin time in half, saving approximately 30k a year. Why use it? Save money, save headaches, save stress. Get granular clarity on your margins. Know where your stock is. Don't miss availability. Look, your favorite brands literally use Unleashed as their backbone. Candy Kittens, Tiny Rebel, Trip, always religiously. Look, there's a link in the show notes. Please feel free to book a call with Josh. and there's a wonderful sales team at Unleashed. They're amazing. Even nothing comes of it. And even better news, you'll get your first month free if you reference Hungary.
3:03Thank you. The person I interviewed last week, Sam Wiggin, was telling me about that because I'm the same. I'm like, I need the next thing, the next guest on the podcast, the next, it's never enough. Just keep more, more, more, more, more. And I have to like really reframe it with myself and like just be proud of the fact you're doing what you want to do. Like that's, I think it's really reassuring for our listeners. I'd love to know, and this is a question I ask all guests there's this book called the obstacle is the way um by a guy called ryan holliday really interesting book and it's all about kind of stoicism and how in every obstacle lies a magnificent opportunity albeit retrospectively thank you so so much for listening it honestly means the world to me I hope you enjoyed your morning coffee and go and have an amazing day let's be having ya if you want the fun episode it will be in the show notes a link will be in the show notes the full episode thank you so much please leave friends as well means the
4:01ellotte
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