077: Tim Meuchel on Divorce While Maintaining Your Business

Divorce alone is hard enough without the stress of a business. What can you do to maintain your business if you are going through a divorce.

Some things you might have to learn and embrace

  • Live in the present

    Tim Meuchel – The 10 Factor

  • Clarity is something you might not have right now
  • You might not know what is going to happen
  • Focus on what you can control now and on being present at this moment in time
  • Make more money in less time
  • Deal with the stress of changes to finances
  • Handle a wave of emotions
  • Make time for yourself

Tips to get through the rough time period

  • Focus: You have to be able to focus and to get your confidence back
  • Suck up Your Pride: Financial borrowing, living arrangements,
  • Figure out What Really Matters: In the way of time, not material possessions. What are the waste of time activities that you can do without
  • Take Care of Yourself (Self-Care): Adrenaline will only take you so far. Eventually your body will break down.
  • Shelf it: If it can wait, let it wait
  • Unplug: Figure out how to put your devices down
  • Be Realistic: Know that your days are a mess and some things you’ve always done aren’t going to work anymore.

TUNE IN to the 10 Factor, Episode 77 – Tim Meuchel on Maintaining Your Business Through a Divorce.

JOIN our 10 Factor Community – become part of the family

Help Support our Show:
Connect with Tim:
Upcoming Episodes and Guests:
Check out the latest episode!

Tim Meuchel
 

Tim Meuchel is the bestselling author and podcast host of The 10 Factor: From Struggling to Thriving Business in 10 Months. Like many successful entrepreneurs, Tim failed his way to success. He gave up $334,200 in 2008 after resigning from a twelve-year corporate management career to pursue his side business full-time. The business quickly grew 8X and within four months Tim's wife quit her job as well. Several years later a bad business deal left Tim's company almost bankrupt. Tapping into emergency funds, he fought back and restructured the business; resulting in a new profit producing model requiring less than 40% effort. Seeing an opportunity to give back and help other struggling entrepreneurs Tim reverse engineered his process, validated it with top entrepreneurs, and created a ten-month roadmap - The 10 Factor.