EP 160 Is Marriage the Foundation to a Successful Business?
In this special episode of the Pretty and Punk Podcast, hosts iLdiKo Ferenczi and Dan Caldwell jump into the profound connection between the health of one's marriage and the success of their business endeavors. The question had to be asked, "Marriage the foundation to having a business" is not just a statement; it's a reality that impacts entrepreneurs and Dan and Ildiko have a unique perspective on the answer.
Through their own experiences of building and selling multi-million dollar companies, while nurturing a strong marriage and raising future leaders, iLdiKo and Dan explore how a solid marital foundation is crucial for overall life success. This episode is a must-listen for entrepreneurs who strive for excellence in both their personal and professional lives, offering insights on balancing love, family, and business.
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[00:00:00] That was truly cracking at the foundation of what we had discussed for several years
[00:00:06] to have this freedom and I saw our children suffering from that and also truly growing away
[00:00:16] from their father.
[00:00:17] Uh, no.
[00:00:24] Oh, that's better right, babe?
[00:00:28] Yeah!
[00:00:29] Yeah.
[00:00:33] She founded an architectural concrete company.
[00:00:35] He founded a hundred million dollar clothing company.
[00:00:39] She took the world by storm as a social media star.
[00:00:42] He took the world by storm as a famous serial entrepreneur.
[00:00:45] Together we started a business and had babies.
[00:00:48] Now we're figuring out the best ways to do both.
[00:00:51] Join us as we learn from other entrepreneurs going through the same life struggles.
[00:00:56] As they share their life packs about success, love, kids and everything in between.
[00:01:02] Mero is meant to be a journey together.
[00:01:05] An adventure will love its own map, trust its own compass and our shared dreams of a destiny.
[00:01:13] Mero is good, everything is good.
[00:01:21] Welcome to the PritingPunk podcast.
[00:01:22] My name is Dan Caldwell and I'm here with my beautiful wife and partner and host.
[00:01:31] You the CoFerency.
[00:01:33] And we have another great podcast for you guys today and we were just asking the question,
[00:01:39] is marriage the foundation to a successful business?
[00:01:43] And what we mean by that really is, what do we mean by that exactly?
[00:01:48] Well, if things are running right at home, it's going to reflect on your business.
[00:01:54] If things are breaking at a breaking point where you really need to invest in your marriage
[00:02:00] at that time, I just feel things are, I mean from our personal experience and from the
[00:02:07] people that we surround ourselves with, their business starts to struggle.
[00:02:11] It may not struggle right away but eventually the wheels can even fall off.
[00:02:16] I mean you're 100% right when we know from personal experience unfortunately that when
[00:02:24] our relationship is a little rocky and we're at each other's throats a little bit and
[00:02:31] we're trying to and I go walking out the door like, okay whatever we'll talk later.
[00:02:37] And I get to the office, I'm not in the right frame of mind to be doing the things that
[00:02:42] I need to be doing.
[00:02:44] And now, you know, and that was a while ago but I say now it's, you know, we're on this
[00:02:50] journey together and it's great when you have a business together and even when you don't
[00:02:56] I truly believe that you and your spouse are on this journey together.
[00:03:02] You're on a journey together, you have dreams together, you're building something together
[00:03:08] and that's not only a family where you have kids and you're trying to build them up
[00:03:14] and you're growing, you know, tomorrow's future leaders but you're also it's important
[00:03:23] to have these dreams together about what you're building.
[00:03:26] Yeah, it has to be together because if you're not on the same page how are you fighting
[00:03:33] and risking at all for that same vision, that same, you know, I think you need to discuss
[00:03:40] those goals every two, have your two-year goal, your five-year goal, your ten-year goal,
[00:03:45] your 15 and your 20 write them all down and make sure that they're all parallel because
[00:03:52] if you have say for example one of you have the vision of freedom to get up and go
[00:04:00] and you're not there, that may be a ten-year goal and you guys aren't working towards that.
[00:04:06] If that makes sense to you, for example, if you have your office job and that's what was
[00:04:11] happening to us last year is that he had this office job that I thought he was going
[00:04:17] to be consulting.
[00:04:18] That's what I truly believed in my heart but nobody told me he'd be there from like five
[00:04:24] six a.m. to 10 p.m. at night, it was just, it was just a gong show and that was truly cracking
[00:04:33] at the foundation of what we had discussed for several years to have this, this freedom
[00:04:39] and I saw our children suffering from, from that and also truly growing away from their
[00:04:47] father because he wasn't able to put that, just have the communication.
[00:04:54] We were leaving emotional connection.
[00:04:57] They were sleeping in the morning when he left and they were sleeping at night when he
[00:05:00] got home so how are you supposed to connect?
[00:05:04] Anyway, I hope nobody's going through that because it was really hard but I'm grateful
[00:05:10] that we're able to share.
[00:05:12] Well unfortunately there's other entrepreneurs going through that right now for sure.
[00:05:16] Because I've gone through several times, it's not the first time I've gone through that
[00:05:21] but that's where they've gone through it several times.
[00:05:24] But before we get too far into it.
[00:05:25] Oh gosh.
[00:05:26] Hey guys, we hope you're enjoying today's episode of the Pretty and Punk podcast and if
[00:05:31] you are and you haven't already hit that like and subscribe button, it just takes a second
[00:05:36] and means so much to us because it really helps the podcast get out there to more listeners
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[00:05:47] We also love and appreciate your reviews.
[00:05:50] Even the babies look forward to them every day.
[00:05:52] If you share this episode on social media today, don't forget to tag us.
[00:05:57] We want to celebrate you because we know it's not easy being a parent in business and
[00:06:02] the way that you juggle things makes you a superhero.
[00:06:05] That's worth a shout out.
[00:06:06] Together we have a community of our personal followers as well and we just want to put
[00:06:11] it out there.
[00:06:12] We want to show everybody that this juggle is possible and you are our family and we're
[00:06:19] so proud and grateful to have you a part of this family.
[00:06:24] So don't forget all the links are below in the show notes and thank you again and let's
[00:06:31] get back to the show.
[00:06:33] Is marriage the foundation to a successful business?
[00:06:38] I really wanted to finish that thought and I was talking a little bit about it last week
[00:06:42] and sometimes it's hard for me to put things in towards with the mommy brain.
[00:06:47] But what is important is that yes, we've gone through that struggle and I don't ever want
[00:06:54] to pray for God to just take it away and make it easy because I'm understanding more
[00:07:01] and more that the struggles of maybe loss or struggles in relationships or business struggles
[00:07:09] or these things that we overcome, there are only a few of us that are chosen to go through
[00:07:15] these hard times and that's because God knows how strong we truly are.
[00:07:21] And when you have that strength as an individual or as a couple and we get to share those
[00:07:28] things with you guys and hopefully you're not going through it.
[00:07:31] But if you are don't take it as oh my gosh, just take it away.
[00:07:37] Really sit in that and learn and study the journey of how because you will get out of
[00:07:42] it.
[00:07:43] Everything passes.
[00:07:45] The sun must shine after the rain.
[00:07:47] So take the notes on how you got out of this situation and take it as a blessing because
[00:07:54] you are someone that other people in your community, in your surroundings and your family
[00:07:58] can truly look up to you as you share this.
[00:08:01] So I have no shame or embarrassment sharing our struggles or our rocky road little bits
[00:08:09] because it's I know.
[00:08:12] I know there's a confirmation from emails and messages that it's a blessing to someone
[00:08:17] and it gives them the confidence to share their journey with someone else that may need
[00:08:23] it.
[00:08:24] Yeah, I mean business is like marriage, business is hard.
[00:08:28] Yes it is.
[00:08:29] And marriage is hard.
[00:08:30] And just so you know, side note, if you're having hardships in your marriage right now
[00:08:38] no, it's not supposed to be easy.
[00:08:40] That's just how it is.
[00:08:41] Marriage is not supposed to be easy.
[00:08:42] That's where I stumble.
[00:08:43] Just like business is not supposed to be easy.
[00:08:45] That's where I stumble.
[00:08:46] I have to accept that.
[00:08:47] Right.
[00:08:48] Just like when you go into a new business, you have to know that you're going to have struggles.
[00:08:53] You're going to have hardships because if it becomes some big surprise to you, you might
[00:08:59] try to dive out and I think too many people do that in their marriages.
[00:09:03] Well, because I know that this is a thing, okay?
[00:09:07] You're supposed to, if it doesn't feel good, it doesn't feel right, it doesn't feel easy,
[00:09:13] and I think it's time for us to get a divorce or it's time for us to put this business to
[00:09:19] rest.
[00:09:20] Obviously, sometimes you will know the signs because you're going to have mentors around
[00:09:24] you, you can reach out to people like us or there's business coaches and you could really
[00:09:30] dissect your business and find out is it right?
[00:09:33] Is it wrong?
[00:09:34] What can I do better?
[00:09:35] But with the relationship aspect of marriage, it isn't easy and there's different things
[00:09:41] that are going to come into everybody has different struggles, but that's not something
[00:09:46] that you can't work through.
[00:09:48] I always felt like, oh no, if you lose that feeling, then it's over and maybe I've pulled
[00:09:58] the plug on relationships, not knowing that.
[00:10:01] I feel a lot of people don't know that, right?
[00:10:06] They just go with the feeling and then it doesn't always feel good.
[00:10:11] It's work and when you get into the biblical meaning of marriage and the relationship,
[00:10:16] it's the commitment to the relationship.
[00:10:21] It's not all, of course that first and foremost, but that's the commitment to your marriage,
[00:10:28] to your relationship, to your spouse and that's where the feeling is going to come in after.
[00:10:36] It's definitely hard work.
[00:10:38] Let's talk about the flip side.
[00:10:39] The flip side of that is you guys in a business and marriage, and what we mean by the marriage
[00:10:48] being the foundation is also the support system.
[00:10:53] Your marriage is your support system or it should be for your business and guys, we
[00:10:57] get too good at bottling things up because we need to feel like we can't talk to anybody.
[00:11:05] Well, your spouse is the one person that you should be able to talk to.
[00:11:09] I know when hardships come on, I'm not bringing this up to my wife because I don't want
[00:11:17] her to worry about this situation or that situation.
[00:11:20] It's needless because I'm going to fix it.
[00:11:22] That's my mindset.
[00:11:24] I know we struggle and we carry that burden sometimes.
[00:11:29] That photo where this guy has been over and he's just got all these swords in his back
[00:11:35] because he's willing to take all the swords.
[00:11:37] It's so true about us men that we're willing to take this on and we bottle it up instead
[00:11:43] of having this open communication with our wives where we, I'm telling you women have
[00:11:49] some sort of intuition or they have something they were blessed with that God gave to them
[00:11:55] that us men do not have as much of and when we can have those conversations with them,
[00:12:02] sometimes they see things that we don't see.
[00:12:06] We can't talk to normal people about this because we maybe don't need other people knowing
[00:12:12] our business in our business.
[00:12:14] They don't need to know that we are struggling with finances that cash flow is horrible
[00:12:23] and that the money coming in from this loan didn't show up.
[00:12:28] Other people don't need to know that but your wife, you can have these conversations
[00:12:32] with her to help get this stuff off of your back a little bit and have this open conversation.
[00:12:38] I feel like it's an honest conversation.
[00:12:40] I know it's an honest conversation.
[00:12:41] It affects both of you.
[00:12:43] Right.
[00:12:44] All of our successful friends that have incredibly successful businesses, they say the same
[00:12:50] thing, my wife, I tell her everything and she guides me in the right direction because
[00:12:56] she has this intuition.
[00:12:58] I don't know if it's because and I feel really once you become a mother there's the
[00:13:05] woman's intuition but once you become a mother it's like this whole different spotty sense
[00:13:12] and you just know even a business partner or people that are surrounding you, you just
[00:13:18] know I have to protect the family from this but also you get these really good ideas
[00:13:24] that just open the gates to business blowing up and it maybe create, maybe she's blessed
[00:13:32] with creativity whatever else.
[00:13:36] Which most of the time women are.
[00:13:38] Right and as in business if you don't communicate properly in business it's going to fail so
[00:13:45] you need to bring that communication, that skill that you use in your business.
[00:13:52] I'm saying if your wife isn't a business partner share with her anyway.
[00:13:56] I would actually bet David Patrick.
[00:13:59] Yeah he was talking about this the other day too that he shares and gets great ideas from
[00:14:05] his wife and she has the spotty senses too.
[00:14:08] He didn't call us by these words.
[00:14:09] And his wife is a part of his business and she has an offset but it doesn't need to be
[00:14:14] that.
[00:14:15] Men we so often think that our women, that our wives have to be like if they're not business
[00:14:21] partners like involved in our business every day that they had that unless they have
[00:14:25] that position that we don't discuss.
[00:14:28] We don't discuss the business at all but I think and regardless women out there if you're
[00:14:33] listening you need to like be thinking about that you guys are on this journey together
[00:14:40] whether you want to be or not you guys are going the same direction and if you're not going
[00:14:43] the same direction you're having a lot of problems.
[00:14:46] But if you're going, you should be going the same direction and wives if you contribute
[00:14:51] to these conversations that you know because sometimes your husband needs to unload what's
[00:14:56] sitting on you know what he's been carrying this load that he's been carrying he needs to
[00:15:00] unload it on somebody and having these conversations with you help relieve him of some
[00:15:05] of this stress especially if you know you're not like oh my gosh what are we gonna do if
[00:15:10] that happens and what and what you know we're gonna lose our house or you know it's
[00:15:14] like you got to have these positive conversations where you guys are both on the same page
[00:15:19] and you guys are both lifting each other up and it's important and if you guys are doing
[00:15:24] this and this is what we try to do all the time is have these conversations and not to
[00:15:30] say that one of us don't get down you know sometimes but if you have these conversations
[00:15:37] you guys are constantly lifting each other up and giving each other energy, giving each
[00:15:41] other energy to help move yourself forward and help lift that business up and your marriage.
[00:15:48] And it gives her the safety to be able to open up about the things that are bothering
[00:15:53] her actually there was a couple that was just they shared their story there was an entrepreneur
[00:16:00] and he lost everything everything and he said now I have to go home and tell my wife
[00:16:07] and she came from a hard a hard background where she was adopted and she really didn't
[00:16:13] have anything in her life growing up so they built this success together and he sat
[00:16:19] her down and he said I lost everything I lost everything and she said I thought I was
[00:16:27] your everything he goes yeah but I mean like everything and he had this weight of telling
[00:16:34] her that everything that he's worked for it's gone the life that they had together
[00:16:41] it's gone and she said that's okay I've been poor before and we can build it up again.
[00:16:48] So he said that that took a tremendous weight off his shoulders and also gave him empowered
[00:16:55] him with the strength to do it all over again and now he's successful.
[00:16:59] I love the story of I'm you know one of my favorite movies the greatest showman where that
[00:17:05] is kind of so much a part of why his success was his success is because he had that support
[00:17:12] of his wife right and and you can see and there's there's a perfect example and I'm sure
[00:17:17] you guys have seen the movie if you haven't absolutely go see the greatest showman it's
[00:17:21] like one of my favorite films it's it shows you in that film that she's not working
[00:17:29] in his business every day she's not there every single day doing but although she did
[00:17:33] help here and there but but she was so much a part of the foundation of who he was and
[00:17:40] what gave him the strength to build his business at least in the film and it's what we all
[00:17:47] need in our marriages and in our business to to create success I'm not saying you can't
[00:17:53] create success and if you don't have that perfect environment I'm saying people have
[00:17:58] done it but if you want it to be fluid if you want it to be great if you want to enjoy
[00:18:07] the process man when you guys are in that zen situation right it's just so much better
[00:18:14] and and that even covers our part or step two which is collaboration just like in business
[00:18:22] you collaborate with people to build things and get things seen and make them stronger
[00:18:28] you have to have that collaboration in marriage and exactly what we're talking about leaning
[00:18:33] into each other by combining your strength and working towards common objectives that's
[00:18:41] how you achieve great things first both personally and professionally yeah and I think
[00:18:48] that brings us a lot to and there's an overlap their communication which is important
[00:18:54] in we already did communications did we do communication that was the whole first half
[00:19:00] well can we jump on it again okay maybe we did we not I just felt like we I just felt
[00:19:08] like there were some parts missing I mean there was you know because there's I think
[00:19:11] communication is so important not only communicating your dreams together and I know we talked
[00:19:17] about that a little bit but communication with which I was horrible at when we met absolutely
[00:19:24] because I kept everything to myself and guys again we're back we're not get it this because
[00:19:29] we want to internalize everything and we kind of believe that other people can read our
[00:19:35] minds but just I think women are the same that way they well there's those other moments
[00:19:45] where you repeat and you repeat and you repeat what you need but it's almost like you time
[00:19:51] like men are they just don't want to hear it anymore so they don't hear it anymore
[00:19:55] and then she goes silent that that's a red flag yeah and that happens both ways exactly
[00:20:01] but I mean communication in the way that maybe I didn't clear that up but communication in
[00:20:07] the way that if you're just communicating with your wife about what's going on in your business
[00:20:13] day and you know speaking about you know being I'm coming home late today or I'm having this
[00:20:22] conversation about I'm gonna have to you know I'm thinking that at some point I'm gonna have
[00:20:28] to go I'm gonna be flying out of town for a meeting having this conversation.
[00:20:34] Give them advanced notice don't just throw it on them because women's minds are thinking days ahead
[00:20:40] so if you tell them that very day I'm leaving tomorrow she doesn't have bread she just got
[00:20:47] she's been working all day whether you call it work or not they consider if she's a stay-at-home mom
[00:20:54] that she's she works more than someone that works in the office so her wheels are turning
[00:21:00] she who's how are we how are we gonna get the bread because she whatever whatever it is just
[00:21:08] give her some advanced notice it will make her feel respected and that way she can support you
[00:21:16] on your journey rather than be angry or frustrated or just I can't believe we did this again
[00:21:23] you don't need that kind of energy at all whatever it is just give her some adequate notice also
[00:21:30] yes of course if you're gonna be late for for dinner just give her a call and let her know in
[00:21:38] advance so she stops warming up the plate because that's hurtful and frustrating and then when
[00:21:46] you walk through the door she can greet you rather than be upset and then the last thing I'll say
[00:21:51] about communication man if you're going through something women whoever's running the business
[00:21:55] that because we're in today's world where many of these businesses are being run by women
[00:22:00] if it's the other way around if you're going through something tell your spouse about that
[00:22:07] because sometimes you're not gonna show up the way you you should and because you're going
[00:22:13] through something and yeah and you're dealing with those things and so you need them to know
[00:22:20] listen I'm not in a good place right now I'm trying to deal with this problem this is the problem
[00:22:25] going through at the office right now and I'm not sure what to do and I'm sorry if I'm gonna be
[00:22:31] for the next few days I'm probably gonna be out of whack a little bit and please just bear with me
[00:22:37] you know give me some give me some rope here because I'm really struggling right now and
[00:22:44] and your spouse hopefully they can step up a little bit and and help support you in those times
[00:22:51] when you're going through that and you guys if you guys are working together obviously you're supporting
[00:22:55] each other is there something else that you think is super important well the continual investment I
[00:23:01] think when you have a business you're continuously investing in your business and whatever
[00:23:09] that may be for the growth and success of your business all the same is really important in your
[00:23:15] marriage don't stop the date nights and listen I know because I've been there when I had little ones
[00:23:23] or I have little ones um you can still have date night at home and this isn't too much to do with
[00:23:30] business but it keeps a happy environment in your home you can set up date night at home with the
[00:23:36] little one in the basket by the side or you could put them on a fun little movie in a different room
[00:23:41] but just having that moment to invest in each other and just have a conversation especially if you
[00:23:48] are business partners to have a conversation that's not about business or to have a conversation
[00:23:53] that is about business whatever you feel is the best for your family for your relationship
[00:24:02] you light the candles dim the lights change the atmosphere because not all of us have a community
[00:24:08] lean into we may not have that babysitter that we trust or um our parents many of us have elderly
[00:24:15] parents that no longer have the ability to look after our children so we have all of that strain
[00:24:24] all of that um on our backs we don't all have the freedom thank god there's a lot of couples that
[00:24:30] have people to lean into but some of us don't so just create some kind of different environment and
[00:24:37] there's uh we should put a cheat sheet up one of the weeks here we'll put a cheat sheet up of
[00:24:43] the hundred and fifty different date night ideas to do at home um I'll make sure I
[00:24:48] 100 and 50 does that have to be 150 yeah it is okay okay so I really believe in I hope
[00:24:56] that's just one way to invest there's there's other ways of course that marriage is the foundation
[00:25:02] of having a successful business it's really really hard to have a successful
[00:25:07] business and company and uh endeavor and dream come true when you're struggling at home
[00:25:15] and if things are running at home it just like when your marriage is good everything is good
[00:25:20] when your marriage is bad everything is bad and I can't explain that in too many ways other than
[00:25:25] that you that you can't get it because that's pretty it's pretty simple and it's pretty easy to
[00:25:31] understand that when your marriage is good everything is good so thank you guys for listening to
[00:25:38] this week's episode of the PritingPunk podcast and uh god bless and we'll catch you guys next week
[00:25:44] god bless thank you so much for joining us this week it's always such a pleasure and honor to
[00:25:49] speak with you guys take care if this is your first time listening to the PritingPunk podcast
[00:25:56] make sure to leave a like and if you want to see more of our videos click the subscribe button below
[00:26:03] oh and god bless you're next week please see you this amazing to the PritingPunk podcast god bless
[00:26:13] see you next time
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