Stress is all around us. For entrepreneurs I think it’s kicked up a notch. There is no 9-5 with scheduled breaks and lunch hours. There is opportunity to control your own destiny but is this a blessing or a curse?
Stress is “a state of mental or emotional strain or tension resulting from adverse or very demanding circumstances.” It can lead to an array of issues including physical, mental and emotional exhaustion. This will affect every aspect of your life not just the way you run your business.
Stress will influence decision making. Stress will cause a business owner to react rather than to act. Reactions are emotionally driven. Reactions are not thought through and do not effectively support solid business decisions. However, acting, is a slower more thoughtful process. Take time to listen to the situation, consider multiple responses and outcomes and breathe before acting. Give yourself time to evaluate and act rather than abruptly reacting. Practicing this will aid in keeping stress levels in check for business owners.
Some additional tips to help manage the business owner’s stress and the stress it causes within a small business might be beneficial. Remember you can’t do it all. You can only do so much within the 24 hour constraints of a day. Learn to let go of some of the tasks that are continuously getting pushed down to the bottom of the list. Sometimes this is happening because those tasks are just not a priority and aren’t important. So learn to evaluate those tasks and let them go with no regret and stress.
Several polls of small business owners have found that lack of control is the number one entrepreneurial stressor. If we could control everything wouldn’t life become boring quickly? Imagine it for a second, if you could will anything to happen the way you want it to? Anything from falling in love to the exact amount we want to earn, to the weather, anything in life. Wouldn’t life become well… uneventful? Don’t waste time and energy trying to control the uncontrollable. It will only cause stress. If you find yourself doing this adopt a mantra or prayer or whatever you want to call it. A suggestion is the well-known serenity prayer / mantra. “Grant me the serenity to accept the things I cannot change; courage to change the things I can; and the wisdom to know the difference.”
One last suggestion is learn the art of budgeting time. There are many methods you can research and find the one or combination of several that works for you. Budget times during your day for 7-8 hours of sleep, exercise, email responses, friends and family and other important life tasks and enrichments. Always be aware that things come up, things will change and things will happen. I always leave a little wiggle room when budgeting time for these unexpected annoyances. If you don’t it will backfire and add to your stress and if you don’t need to use the wiggle room you leave you can easily use that time to catch up on news, self-care or personal enrichment.
Lastly, all of this should help avoid the dreaded burnout. Burnout is defined as “physical or mental collapse caused by overwork or stress.” Burnout causes so many physical and mental issues both long and short term. So find some healthy stress relievers, find some ways to cope with stress that is unavoidable, and to eliminate the stress that no longer serves a purpose in your life or business.
Contact The Waterford Group USA today at 866-324-7789 www.waterfordnow.com so that we can help with your business debt problem and reduce your stress.