Season 2 Episode 2 Moving forward after a business Loss

Welcome to Episode 2, Season 2 of the When Life Stops podcast. We are glad to be back and we hope you enjoyed episode 1 where we gave you a breakdown of what we have both been up to since Season 1. Go check it out if you haven’t already.

We established in Season 1, Episode 3 that grief doesn’t only occur when there is bereavement. but it can occur as a result of any type of emotional loss. We also established that there are about 43 losses that can invoke the emotion of grief so in season 2 we want to showcase different people’s loss stories and how they were able to move forward from that.

 

Today’s topic is on how to move forward after a business fails. A lot of people experience business failures when a recession hits or a pandemic like we have all just experienced. 20% of small businesses fail in their first year, 30% of small businesses fail in their second year, and 50% of small businesses fail after five years in business. Finally, 70% of small business owners fail in their 10th year in business.

When people lose their business, their livelihood is definitely affected and this can have an effect on their mental, emotional, physical well being and even relationships. It can even make one question their identity especially if they had a thriving business before it collapsed. 

Today, we are very excited to be interviewing our very first guest for this season, Toks Aruoture. Toks is going to be sharing some of her story with us. If you are a business owner or have experienced the failure of a business or similar then this episode is for you.

We know that you would find it both insightful and instructive!

If you would like to contact us to discuss further anything mentioned in today's episode please feel free to send us an email at hello@whenlifestops.org

You can also contact our guest here 

You can listen to Tok's podcast here

 

Please leave us a comment, subscribe to our podcast on any app you listen to us via, and leave us a 5-star rating so others can benefit from the amazing content we have on the when life stops podcast.

Till next week, we pray you find the grace to find new meaning to life after loss. Good bye!

*Disclaimer*

The views and opinions expressed in guest episodes are those of the guests. Their experiences are unique to them and do not necessarily represent or reflect the opinions or position of the When Life Stops Podcast. The information, opinions, and recommendations presented in this Podcast are for general information only and any reliance on the information provided in this Podcast should be carefully considered.