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Good Ideas + Bad Decisions

Good Ideas + Bad Decisions

By: Kat Oldershaw and Ellen Hockley
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About this listen

Welcome to Good Ideas + Bad Decisions! Let’s be real - it’s the perfect name for a show hosted by two business owners who have absolutely made both. Between us, we’ve started businesses, burned out, bounced back, and helped other entrepreneurs do the same. We’re here to talk about the messy middle of running a business - entrepreneurship, mental health, and the chaos that comes with making your own path. Join your hosts Ellen and Kat as we candidly share our experiences, answer your burning business questions, and welcome other owners into our emotional support business club.Kat Oldershaw and Ellen Hockley Economics
Episodes
  • Episode 018: Demystifying Entrepreneurship with Brian Lofrumento
    Dec 19 2025

    In this episode of Good Ideas + Bad Decisions, hosts Ellen and Kat dive into the journey of Brian Lofrumento, the host of the Wantrepreneur to Entrepreneur podcast. Brian shares his inspiring entrepreneurial story, from starting a soccer blog in college that grew rapidly to managing a successful marketing agency and ultimately transitioning to podcasting. They discuss the challenges of running a podcast, the importance of identity and authenticity in entrepreneurship, and how unplanned, organic experiences often lead to the most rewarding outcomes. Additionally, Brian offers insights on handling criticism, managing burnout, and the importance of community building for sustained success. Tune in for an uplifting conversation filled with practical advice and personal anecdotes that resonate with all aspiring entrepreneurs.


    Brian Lofrumento is the host of the Wantrepreneur to Entrepreneur Podcast, one of the top business podcasts in the world. With over 750 episodes and counting at the beginning of 2024, Wantrepreneur to Entrepreneur has been inspiring and helping entrepreneurs in over 150 countries, and in addition to being ranked as one of the top 200 business and marketing shows in top charts around the world, the show is ranked as a top 1.5% podcast globally.


    Kat is the Owner + Operator of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kat&co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and brings a unique perspective with her psychology background and experience in creative business operations, making her adept at discussing the intersection of creativity and structured processes. ⁠⁠⁠⁠⁠⁠⁠Join her newsletter The kat&co Download!⁠⁠⁠⁠⁠⁠⁠


    Ellen is the Owner of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ellen Hockley Consulting⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and offers valuable insights from her extensive experience in building successful small businesses and empowering female entrepreneurs, providing practical advice on business strategy and growth.


    00:00 Welcome to Good Ideas + Bad Decisions
    01:07 Introducing Brian Lofrumento
    02:49 Brian's Journey: From Soccer Blog to Business Success
    07:36 The Evolution of Wantrepreneur to Entrepreneur
    11:46 Navigating Burnout and Delegation
    18:36 Embracing the Identity of a Podcaster
    24:42 Identifying as a Runner
    25:03 Navigating Labels and Identity
    26:05 The Journey of Building a Business
    26:58 Starting a Podcast: Overcoming Doubts
    29:19 The Importance of Being in the Arena
    32:56 Creating a Community of Entrepreneurs
    36:01 Embracing Uncertainty and Manifestation
    37:19 The Power of Consistency and Best Efforts
    40:45 The Unexpected Path to Success
    44:35 Final Thoughts and Words of Wisdom

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    51 mins
  • Coffee Chats with Ellen + Kat: Episode 011
    Dec 12 2025

    In this episode of 'Coffee Chats with Ellen and Kat,' the hosts discuss their weekend activities, including headshot sessions and family photo shoots. They also dive into the topic of networking and community building, sharing their own experiences and tips for finding and creating supportive business communities. Kat plans to explore local small-town networking opportunities, while Ellen highlights the importance of intentional networking and community cultivation. The episode concludes with practical advice for listeners on finding the right types of networking groups to support their professional and personal growth.


    Don't forget to submit your business questions for future episodes! ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠Business Question Link⁠⁠⁠⁠⁠⁠⁠


    Kat is the Owner + Operator of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kat&co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and brings a unique perspective with her psychology background and experience in creative business operations, making her adept at discussing the intersection of creativity and structured processes. ⁠⁠⁠⁠⁠⁠⁠⁠Join her newsletter The kat&co Download!⁠⁠⁠⁠⁠⁠⁠⁠


    Ellen is the Owner of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ellen Hockley Consulting⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and offers valuable insights from her extensive experience in building successful small businesses and empowering female entrepreneurs, providing practical advice on business strategy and growth.

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    22 mins
  • Episode 017: Navigating Money Mindsets & Financial Freedom with Melissa Mittelstaedt
    Dec 5 2025

    In this episode of 'Good Ideas + Bad Decisions', co-hosts Ellen and Kat explore the messy middle of running a business with financial consultant Melissa Mittelstaedt. Melissa discusses the importance of getting 'comfy' with money, shedding light on scarcity vs. abundance mindsets, and the often complex relationship between personal and business finances. They dive into practical advice for solopreneurs, including the significance of paying yourself, shifting your money mindset, and understanding the value of the transformations you offer. Melissa also shares her journey from sign language interpreter to financial coach and offers insights into her various programs designed to empower business owners financially. Tune in for a candid, supportive conversation about making your passion profitable and finding financial peace.


    Melissa Mittelstaedt is a Financial Consultant who helps conscious solopreneurs take ownership of money so they can stop winging it and start creating financial stability in business & life. She loves working with business owners to help them understand that "their financial past doesn't shape their financial future" in a very judgment-free kinda vibe!


    Kat is the Owner + Operator of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠kat&co⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and brings a unique perspective with her psychology background and experience in creative business operations, making her adept at discussing the intersection of creativity and structured processes. ⁠⁠⁠⁠⁠⁠Join her newsletter The kat&co Download!⁠⁠⁠⁠⁠⁠


    Ellen is the Owner of ⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ Ellen Hockley Consulting⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠⁠ and offers valuable insights from her extensive experience in building successful small businesses and empowering female entrepreneurs, providing practical advice on business strategy and growth.


    00:00 Welcome to Good Ideas + Bad Decisions

    01:06 Meet Our Special Guest: Melissa Mittelstaedt

    01:54 Diving into Financial Consulting

    02:46 Navigating Financial Relationships

    05:18 Understanding Scarcity and Abundance Mindsets

    09:39 Generational Money Mindsets

    15:07 Early Financial Lessons and Family Dynamics

    20:57 Melissa's Journey to Financial Consulting

    24:10 The Great Pivot: Finding New Opportunities

    24:52 Embracing Money and Passion Together

    25:58 Challenging the Starving Artist Mentality

    28:40 Mindset Shifts Towards Financial Abundance

    30:02 Balancing Business and Personal Finances

    32:07 The Importance of Paying Yourself

    34:18 Understanding Your Business's Financial Needs

    41:38 Melissa's Financial Consulting Services

    45:30 Final Thoughts and Advice

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    48 mins
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