490. The Power of Mindfulness in Entrepreneurship with Litan Yahav
- 490. The Power of Mindfulness in Entrepreneurship with Litan Yahav Sujata Shyam 13:45
How can mindfulness and other unconventional techniques help entrepreneurs and investors manage the intense stress and emotional rollercoaster of building a company?
In this episode of Mindset Shorts, Suja welcomes back Litan Yahav, the founder of Vyzer, to discuss the unique challenges and mindset required to be a successful tech founder. Litan shares his personal experiences and insights on managing stress, setting goals, and embracing risk as an entrepreneur. He delves into the unconventional techniques he uses to maintain mental stability, such as Wim Hof breathing exercises, cold showers, and mindfulness practices. Litan emphasizes the importance of disconnecting the mind from constant thinking and focusing on the present moment to relieve stress and make better decisions as a leader.
Litan is a Navy veteran and tech founder who exited his last startup nine years ago to become a full-time passive investor. Driven by his passion for generating wealth and passive income, he created Vyzer, a platform designed to automate the management and control of every type of investment product, keeping passive Investing truly passive.
00:00:00 – 00:02:00 The Roller Coaster of Being a Tech Founder
– Dealing with extreme highs and lows on an hourly basis
– Balancing the stress of running a company with personal life
– The importance of goal setting and monitoring progress
00:02:00 – 00:05:00 Unconventional Stress Management Techniques
– Incorporating mindfulness, Meditation, and Wim Hof breathing exercises
– The benefits of cold showers and cold plunges
– Disconnecting the mind from constant thinking to relieve stress
00:05:00 – 00:07:00 The Mindset of an Entrepreneur
– Being born with or nurturing a risk-taking characteristic
– Driven by the desire to solve problems using Technology
– Focusing on solving inefficiencies rather than monetary aspects
00:07:00 – 00:09:00 Navigating the Financial Challenges of Entrepreneurship
– Working part-time jobs to support oneself before raising capital
– The importance of taking a salary to focus 100% on building the company
– Investors’ incentive for founders to prioritize building the business
00:09:00 – 00:11:00 The Power of Mindfulness in Leadership
– Participating in the Hoffman Kaufman Institute workshop
– Applying mindfulness exercises in daily life, even while driving
– The impact of focusing on the present moment to calm down and make better decisions
Quotes:
– “The vast majority of tech entrepreneurs take a salary, even if it’s a small one, because it aligns with everyone’s incentives, including investors, to allow founders to focus solely on building the company without worrying about anything else.” – Litan Yahav
– “When you think about it, there are no moments in your life where you disconnect your mind from thinking about anything.” – Litan Yahav
Connect with Litan:
Website: vyzer.co
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