We took our own advice and on this fine Monday, we are not feeling burnt out... Are you?
Your top subscription news
Push it to the limits with subscription fitness
A few weeks back, we got physical... physically fit that is.
All, through the power of subscription. Because repetition is at home here. And what more is a gym membership than one of the first and most steadfast subscription models to grace this space?
So we teamed up with PushPress gym management software for a live webinar, to bring the fitness community together for discussing key growth metrics and benchmarks.
We kept the discussion industry-based so that the Q&A was tailored to what you care about most.
Here’s how it went down. During the webinar, you learned:
- How to calculate the key metrics for your subscription fitness business
- Why knowing your numbers is so important
- Data on which growth levers are the most impactful for your bottom line
- Easy changes that can boost your revenue
Both PushPress and ProfitWell CEOs, Dan Uyemura and Patrick Campbell respectively, fielded questions from all over.
As promised, we have your live training recording, slides, and resources… in case you missed it.
For access, email me at email@example.com and I’ll send them your way.
Be kind to yourself (it's worth it in the end)
Burnout… a culture of never enough.
Burnout is a fog. It’s sleeping with your email alerts on, hearing the chime in the middle of the night. It’s becoming blinded by the blue light and believing your body should somehow be operating on this level of heightened awareness. It’s convincing yourself that this is dedication.
A few years ago, Business Insider published an article about depression in the startup community. According to it, 7% of the general population report suffering from depression, while 30% of founders report dealing with its effects, and more than 50% of those get to burnout.
Last year, Forbes published findings on how we can stop burnout—research suggested that 72% of entrepreneurs report mental health concerns, with founders being 30% more likely to experience depression than a member of the general public.
In Joel’s tale, he tells it like it is—the advice we needed to hear, his story, and how he’d do it differently. And reading his journal entries from a time of crisis is a sobering call to action. At one point, he shares his writing from a personal journal entry:
“I’m feeling this general dull sadness or struggle in me... Everything feels harder, and I’m generally feeling a cloud over me and more low in energy and pessimistic than usual.”
In it, he also gets real on recharging—using outlets like sleeping in, watching YouTube, taking long walks, seeing a therapist. (He shouts out Hiten Shah for that recc.) He then continues on with the biggest lessons in preventing burnout.
But if you already feel you’re on that path, read on for prevention or for taking action.
The big wigs may seem superhuman, but they're people, too.
A burnout prevention PSA
So how does one prevent said burnout?
When you’re in the thick of it, you don’t take the third-party approach. You’re heads down, in the weeds, under water.
But here’s why every founder should consider taking a sabbatical, as told by the journey of a founder himself.
- # 1: Releasing yourself from daily operations
- # 2: Because you can
- # 3: Rethinking what you actually want to do, to clear your brain
- # 4: Freeing up time to work on the company… big picture stuff
- # 5: Because life’s too short to be worried about too many things
(which sounds cliché, sure, but it’s a cliché with truth behind it)
And doesn’t that sound great?
Our Founder Patrick has reminded us time and time again that the "hustle" isn’t money for money’s sake. It’s not cash and cars. It’s not superficial feelings of accomplishment. "Hustle" is a beacon to changing your own personal circumstances.
And in this piece on Medium, you’ll uncover a real-world step by step on the reasoning of a break from "hustle" and how to actually implement it so you don’t ever get a taste for burnout that cannot be reversed. We must remember that "hustle" is in the long game.
So Founders, CEOs… send me a note at firstname.lastname@example.org if you have thoughts you want shared on this one (if you're not on sabbatical, that is). Have you taken a break of sorts? Did it pay off?
We've had some super insightful feedback come in on this one and are all ears for more.
Subscription Sapien: Leela Srinivasan
SurveyMonkey CMO Leela Srinivasan powers the curious with survey tools, and believes wholeheartedly that feedback is essential for growth. (And you know our ProfitWell crew is preaching just the same.)
Here's how she's nailing it in the space—and you can implement her tactics to do so, too.
That’s a wrap for your December 2 subscription news. Recruit your teammates into the subscription know by sending them to recurnow.com to sign up for episodes on the daily.
If you have news to share, hit me up at email@example.com and we'll collaborate. That's the beauty of this whole thing—spreading the good word.