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The Bittersweet Tale of Closing a Chocolate Empire - How One Entrepreneur Bounced Back Stronger with Natalya Berdikyan from Life by Design Academy
Episode 95 β€’ 20th June 2023 β€’ Failing to Success β€’ Chad Kaleky
00:00:00 00:09:42

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Key Talking Points:

βœ… Closing a multimillion-dollar chocolate production business due to unsustainability and outsourcing production to a partner. πŸ’ΌπŸ«

βœ… Devastating experience of letting go of long-time employees and the importance of finding employment options for them. πŸ’”πŸ‘₯

βœ… Transformation from business background to coaching and conscious leadership, inspired by personal experiences. πŸ”„πŸ§ 

βœ… Learning to manage exhaustion, overwhelm, and stress by using methodologies and tools for well-being. βš–οΈπŸ§˜β€β™€οΈ

βœ… Avoiding excessive pressure and seeking support from others. Remember, you're not alone in this journey. 🀝❀️

βœ… Taking care of oneself, nurturing self-care, and finding balance for sustainable entrepreneurship. βš•οΈβš–οΈ

βœ… Recognizing the negative effects of stress on physical and mental health, and prioritizing rest and well-being. ⏸️πŸ’ͺ

βœ… Ensuring businesses support and enhance one's life rather than draining it. It should be a sustainable endeavor. πŸ’ΌπŸŒ±

Episode Summary:

Natalya Berdikyan, founder of Life by Design Academy, shares her journey of closing a multimillion-dollar chocolate production business in Belgium. The decision to close the aging factory and outsource production was driven by sustainability and cost considerations. Natalya discusses the emotional impact of letting go of loyal employees and finding alternative employment options for them. She highlights her personal transformation from a business background to coaching and conscious leadership, driven by her own experiences. Natalya emphasizes the importance of self-care, seeking support, and managing stress in the entrepreneurial journey. Sustainable entrepreneurship and finding balance between work and personal well-being are crucial for long-term success.

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Chapters:

00:00:00 Intro

00:00:23 Closing The Chocolate Factory

00:02:24 Selling the Chocolate Business

00:04:33 Life by Design

00:06:20 Advice for New Entrepreneurs

00:09:02 Contact Natalya

entrepreneurship, business failure, transformation story, coaching, conscious leadership, stress management, self-care, well-being, sustainable entrepreneurship, success mindset, business strategies, employee support, work-life balance, personal growth, resilience, overcoming challenges, mindset shift, burnout prevention, decision-making, career transformation, emotional well-being, stress relief, business lessons, life transformation, employee transition, work-life integration

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