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Entrepreneurial Stress: 10 Scenarios and Their Solutions

Entrepreneurial Stress: 10 Scenarios and Their Solutions

“You know you’re doing what you love when Sunday nights feel the same as Friday nights.” (The Big Idea by Donny Deutsch)

Entrepreneurship is not easy, and it is not for everyone. The reason lies in the exact quote: putting Sundays in the same phrase as Fridays. Just as this award-winning article on Inc. states, there is a psychological cost involved when having your own business. The Gallup-Healthways Well-Being Index shows that 34% of entrepreneurs reported high anxiety levels. That’s 4% more than employees. And 45% of entrepreneurs said they experience stress very often. That’s another 3% more than other workers. So things got real. And it’s okay; there are ways to deal with them.

Check out these 10 entrepreneurial stress scenarios and solutions.

Identifying The Triggers and Solutions

The first thing to keep in mind is to identify early-stage triggers. Here are things that can cause you pain and uneasiness, and this is how to deal with them:

1. Impossibility to differentiate between private and business life

The problem: Sometimes, having a home-based business can be too big of a burden. While you don’t have to pay for an office downtown, and save time with commuting, it can turn against you if you don’t stick to a routine or schedule. Don’t get buried in work at home just because you can do it all day, all night.

Solutions: Ideally, get an office close to your home. Walk there or bike instead of taking your personal car, Uber, or public transportation. This will help you separate your office life from your private one. If you don’t want to give up your home-based office, then create a schedule and stick to it. This means, taking a day off at least once a week. This habit will have great benefits for the brain and productivity – backed by research.

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2. Not having a private life at all

The problem: We tend to withdraw from social life under the premise of attributing the right focus to our businesses. While being focused is a great business practice, it can backfire if done in an exhaustive manner. We all need moments with friends, family and loved ones; they help us go through rough times and see the light at the end of the tunnel.

Solutions: Social aspects are imperative to a healthy lifestyle and can help relief stress. More vacations and parties with family and friends. This is a good way to resuscitate your social circles. Reconnect with college or high school former colleagues. Go to networking events in your city and in other cities. If you’re single, don’t be afraid to date and ask people out – the worst thing that can happen is you get to discover another human being, which is not so bad!

3. Failure and self-doubt

The problem: In your entrepreneurial journey, expect to fail and fail again. But do not fear the word “failure.” Failure is the source of your lessons and knowledge. Don’t let your doubts get in the way. It’s not a matter of “not being good enough,” but rather of growth and learning.

Solutions: Self-doubt is something you have to work on yourself. The best way to do it is through self-rediscovery, which can be difficult to achieve when in physical proximity to your business HQs. Join a yoga or meditation camp outside the city. Go backpacking or hitchhiking. Mountains or the seaside in an off-season can provide a huge reset button and help your mind relax. Enthusiastic travelers can enjoy this summer end’s 20% off sale from EagleCreek. The main idea? Whatever you decide to do, and wherever you choose to go, book two weeks off. Period.

4. Bad routines

The problem:: Having a routine can be a double-edged knife. While it can settle things and help you become more organized, sometimes routines can mess up growth opportunities. To give you an example: a bad routine would be driving your car to your office every day. Or checking your email every 30 minutes. Or getting just 4 hours of sleep per night.

Solution: Decrease the number of bad routines and replace them with good ones. An example of a good routine: hydrotherapy every evening, for 30 minutes. This involves creating a relaxation corner in your bathroom (see suggestion below by ACS designer bathrooms) and spending quality quiet time, accompanied by instrumental music, candles, and aromatherapy oils. Allow access to plenty of light and if possible, have it accompanied by a nice window view to a garden or park. Repeat daily.

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relaxation hub

    Image source: acs bathrooms

    Other examples include 10 minutes of meditation per day. 30 minutes of daily exercise. Eat three meals per day, your dinner no later than 7pm. Get a minimum of 7 hours of sleep per night, and go to sleep at approximately the same hour every night.

    5. Falling out of love with your passion(s)

    The problem: Everyone can fall out of love with their passions. Being “married” to your business doesn’t necessarily mean there won’t be any downs along the way.

    Solution: When that happens, instead of stressing out, calm down and think of how you can improve your experience. Sometimes, you don’t have to let go of the passion; you just have to rediscover it, or add a complementary one to the bigger picture. Volunteering also helps in the passion rediscovery process, as it is an action not driven by financial means, but by inner motivation.

    6. Letting go

    The problem: Sometimes you don’t have to let it go. Other times, you do. When you are forced to let go, there is this battle inside between the person who wants to keep things as they are and the leader who wants to break from the chains. This also applies when you have to fire great people (see what Moz had to say about letting go of 28% of their staff) or give up good clients.

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    Solution: Surround yourself with people who understand that this is the best decision, whether it concerns you or your employees/clients. In dealing with loss of any nature, the cycle of recovery is to: 1) Let go., 2) Accept, 3) Forgive (yourself), 4) Move onDon’t let your world end after the first. Carry on, be open to new challenges!

    7. Losing synchronization with your clients/associates

    The problem: When your business is more than just a product/service/both, the main direction is creating long-term collaborations with your customers and community. Sometimes, however, things don’t go as planned. Even a business relationship that has history can fall apart.

    Solution: If you’re falling out of sync with a client or an associate, discuss and be transparent about your feelings. A business relationship that stopped working can become a huge stress factor. Solving it usually comes from both parties. It won’t work if only one side makes the effort.

    8. Losing interest in a project

    The problem: It’s not just the clients you can fall out of sync with. Or the business partners. Or the team. It’s also the projects. Some ideas just don’t motivate the entrepreneur in you or are not aligned with your core focus. If you’ve lost interest for a topic, don’t let it become an element of displeasure in your life.

    Solution: First, inform the other party about your feelings toward the project. Then, transform the process, from management changes, to tools, communication channels, an upgrade on expectations, mission and vision. Try new approaches. If nothing can trigger a solution, walk away, but not before recommending someone else for the task.

    Remember to always leave room for friendship. This project may be a goner, but the future is bright.

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    9. Public “judgment day”

    The problem: The way people see and talk about you can become quite stressful. As entrepreneurs and leaders, we are often viewed as examples for the communities we are part of. Not only that, but it can feel like failure is not an option. Somehow, because you are in control of your business, people will not allow you to screw up. And when you do, people start talking, analyzing, and mentioning you in their “mistakes to avoid” round-ups on websites and social media. How can you deal with that?

    Solution: Don’t fear what people have to say about your successes and failures. People will talk. And there’s nothing you can do to change their mind. Like Socrates once said, “Strong minds discuss ideas, weak minds discuss people.” I would add: Strong people are not afraid to show their vulnerabilities in public. And, to ease out the stress, just have a good laugh about it. It helps!

    10. Financial stress

    The problem: Sometimes, not getting it right can have a huge impact on your finances, especially when you bet everything on one business idea. As this entrepreneur says, “Debt doesn’t make you a good entrepreneur, and you need to get out of it asap.” But that shouldn’t stop you from trying. Sometimes, debt can be a huge motivator, though not an ideal one, in getting things done.

    Solution: Start by clearly evaluating what you can do to minimize costs. Whether it’s cutting staff numbers or giving up on fat salary flyers for yourself, buying cheaper technology or repurposed equipment, you do what you have to do to get out of financial struggles. 1% reduction of debt means earning an extra percent for a clear mind. While not advisable to go fully optimistic and ignore your problems, it doesn’t hurt having a bit of hope that things are going the right way. Don’t be afraid to ask for help. Nowadays, there are crowdfunding alternatives, Kiva being one of them for micro-entrepreneurs.

    So Where Does This Leave Us?

    Entrepreneurial stress is a reality, whether we like it or not. And, as with any reality, the best possible way to deal with it is to accept it and find solutions that can improve it. There are many stories out there about entrepreneurs who had it extremely rough in the beginning. That doesn’t mean yours should be just as tough too.

    But hey, if that happens, you’ll just come out stronger.

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    Last Updated on August 15, 2018

    5 Reasons Why Tidying Your Room Can Change Your Life

    5 Reasons Why Tidying Your Room Can Change Your Life

    You step into your room and stumble upon something hard that hurts you, you have to tiptoe your way to your bed because there is not enough space to walk, your bed has huge piles of clothing spread everywhere, your table groans under books, newspapers, cups, and all other kinds of stuff, and your closet looks like a ransacked outlet store post-Black Friday. If that’s a common scenario for you, then you are living in a space that disrupts your ability to use it well.

    Your room is the place where you start and end your day. Whether you are aware of it or not, the physical space in which you live and spend a lot of your time has an important role to play in how we behave. Having a bedroom in such a messed state can have a variety of effects on your life. Our mind cannot live completely independent from our environment; therefore, keeping the room tidy, organized, and clean is significant. A straightened room with a made bed and pile-free floor will not only bring happiness and organization to your life, it will also change your life!

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    Video Summary

    Here are five reasons that can spark the desire in you for tidying your room to create change in your life.

    1. You will know what resources you have

    Do you find yourself looking everywhere for your matching bracelet or clothes when going for a party or out with friends? Or does it happen that you buy a pair of pants, only to find out later that you had a better one to match the shirt you were wearing to the event? Keeping your bedroom tidy will let you know what things you have – the shoes, clothes, jewelry, books, magazines, and stationary – that are among your belongings so that you don’t have to rummage for them everywhere or go and buy new things when you already have better alternatives.

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    2. Your thoughts will also be tidied up

    Tidying your place also tidies up your mind. It is suggested by psychologists that a messy room is a representation of a disorganized mental state. When one is tidy and organized it also builds into their life, helping them in everything.

    As Marie Kondo states in The Life-Changing Magic of Tidying Up, “From the moment you start tidying, you will be compelled to reset your life. As a result, your life will start to change.” So, if you want to bring a change to your life, go ahead with cleaning and organizing your space and start a tidying marathon.

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    3. Tidying your room can save you time

    Tidying your room and organizing your space not only lets you know about the stuff that you have, but it can also save you a lot of time, since you will know where to find something when you need it. Now, when you wake up early in the morning, you don’t have to search frantically as minutes tick by for your special pair of shoes, your watch, or the blouse that you really wanted to wear. The start of your day will be a smooth one instead, and you will be able to make it out of the door to your work or college on time.

    4. You will be more social

    Would you like your friend to see your messy room? I would probably be too embarrassed if my friend came over and got to look at my room in a messy state. When you are ashamed of the state of your bedroom, it is less likelihood that you invite anyone over. On the other hand, when your house is clean, you are ready for company and are also more likely to invite or welcome someone over on the spur of the moment. Tidying your room helps in preventing the creation of a boundary around you; therefore, you will become more social.

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    5. Your health will improve

    Tidying your room also bring with itself some health benefits. When your bedroom becomes a peaceful and ordered place with no clutter around, you will feel less stressed and less distracted. This means you can spend some relaxing time before bed and go to sleep calmly. From studies, it has been found that those who have cluttered bedrooms full of their hoardings take a long time to fall asleep and their sleep quality is also poor enough that it leads an increase chance of depression and stress. It’s clear enough. Tidying your room will have a positive effect on your health and the thought of going to the bedroom would be a pleasant and calming one. Not just this, but a tidy room will no more be home to bacteria and viruses that can compromise your health.

    Conclusion

    No doubt, cleaning up a really messy room and streamlining your surroundings is no easy job but, with a little determination and taking a methodical approach, it is totally doable. You just need to get started. Marie Kondo’s The Life-Changing Magic of Tidying Up, one of New York Times Best Sellers, can serve as the perfect manual to guide you. Happy Cleaning!

    Featured photo credit: Allen Goldblatt via flickr.com

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