Managing stress is much like starting a business; it takes continuous work to keep it on the right track. Starting a company is stressful for too many reasons to count, but often people’s concerns include;
- Fear of failure
- Worried no-one will buy their product
- That they’ll run out of capital
- That some of the best employees from your team might leave
- Apprehensive they might make a mistake
- Concerned whether their business will survive the economic downturn
As an entrepreneur, you’ve likely stressed the above factors and more. The consensus from successful entrepreneurs is, each business-related feeling is magnified. One moment, you’ll win a big account and feel on top of the world. And the next minute, the tax bill comes through and your mood drops.
But it’s essential to know some forms of stress are good, healthy even. It can give you the motivation to get tasks done within a reasonable time. It can keep you alert and prevent you from making mistakes. And stress can provide you with a shot of adrenaline during that big presentation/opportunity you have to sell your service. Because of this, it’s important not to discount stress altogether as an unnecessary attribute of your existence. However, excess pressure that, for example, forces you to hide away from important tasks because you fear you’ll fail, is unhealthy for your wellbeing and the future of your business.
The reassuring part is, business-related stress can be conquered and controlled, and here’s how;
Break Away From Business-Related Stress
Working all hours, and sacrificing sleep and fun will only exacerbate stress. You must break away from your startup to breathe, re-energize and draw your attention to something else. If you don’t, you’ll burn out – fast. You could take a walk through the park, or invest in vape starter kits, and take a vape break every hour. From challenging puzzles or diverting your attention to dating! Your relaxation technique is out there; you just need to find it.
Don’t Lose Yourself
While working 50 hours plus per week, day in day out, to get your startup off the ground, it’s easy to get too wrapped up in your business. To the extent where every success and failure happens, you take personally, even though you may have a team of employees working the project with you.
It’s important to recognize yourself as a separate entity to your business to enable you to gain perspective, step back from your startup and take care of you as an individual. Your business is expected to have highs and lows for the duration of its life, but it’s not a healthy system to base your moods and happiness on. You are an individual with needs, and you must come first before the business. So take time out to invest in you.
Failure Is A Byproduct
If it were easy to become wealthy and successful as an entrepreneur, everyone would do it. Failing, as highlighted by some of the most prominent CEOs in the world, is part and parcel of being an entrepreneur. You need to accept failure as a gateway towards a better opportunity, a better way of doing things, which will edge you closer to becoming the success you dream of. If you lose yourself in failure, you’ll find it challenging to bounce back and make the right decisions for your business.
As mentioned above, separate yourself from your company. If an idea, event, marketing material doesn’t work out, don’t let this be a long-term business-related stress inducer. Move on and think about how you can do something better next time.
Look Back At What You’ve Done
Giving yourself a moment to look back is necessary to help you see how far you’ve come. It can also help you to put present business-related obstacles into perspective too. When we’re stressed or feeling low, entrepreneurs often forget who they are and what they’re capable of. Reminding yourself of what you’ve accomplished and overcome so far will spark some belief in yourself, reduce your stress levels, and help you to get the next to-do done.
Focus On The Positive Over Business-Related Stress
This step is about gratitude and taking the time to appreciate what you have. Greed is not a healthy motivation in business, passion and wanting to change something for the better is. Think about what you have right now. Your health? Family? A companion? Savings? The opportunity to start an incredible business that could change your life? You have a lot to be thankful for, so take the time to appreciate that. In doing so, you can help put your startup stress into perspective and remember what’s truly important – it’s you!
Don’t Sweat Trivial Matters
This is a particularly hard step for detail-oriented people to follow. They’ll stress the details to the point where they’ve got a backlog of tasks to get done because they’re still focused on perfecting the initial task. In turn, it causes stress in volumes as the individual realizes they haven’t been as productive as they’d hoped.
To rid yourself of unattainable high standards and business-related stress, identify why you need everything in your business to be perfect. For instance, it could be due to a fear of failure or insecurities about the quality of your work. Following this, take a look at the standard of work that’s needed and gauge whether you may be overdoing specific tasks. To keep you on track, make strides with your assignments, and subsequently reduce stress try the following;
- Create a brief to stick by for each task;
- Set the alarm with a reasonable amount of time for you to get it done;
- Once you’ve checked it over, it’s done! Let it go and move onto the next task.
You have more power over your business-related stress than you might think. It just takes separating you from your business, taking care of your high expectations and understanding what you’re capable of alongside regularly remembering to take a break.