“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.Advertising
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.Advertising
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.Advertising
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 on. Don’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.Advertising
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.
Last Updated on October 15, 2019
How To Be Successful In Life? 13 Tips From The Most Successful People
What is success to you? How to be successful in life?
To some, when they think of success, they imagine wealth; others want power; some just want to make a positive impact on the world.
All of these are perfectly valid, indeed success is a concept that means different things to different people. Though no matter what success is to you, it almost certainly isn’t something will come easily.
There are countless guides and books to being successful, however, as success is personal and unique to each individual. The advice contained in these books can often not be relevant. Therefore following the advice of a single individual can often be unhelpful.
With this in mind, considering the advice of a great many people, people whose ideas of success were different both to each other, and quite possibly, to you can be a good alternative.
What follows is a list of thirteen of the best pieces of advice from some of the most successful people who have ever lived. If you want to learn how to be successful, these 13 tips are essential:
1. Think Big
From Michelangelo Buonarroti, Great Renaissance Artist:
“The greater danger for most of us lies not in setting our aim too high and falling short; but in setting our aim too low, and achieving our mark.”
There are few artists as influential as Michaelangelo. Today centuries after his death, his work still inspires and connects to people. His work is world famous, just think of his statue of David, or the Mural in the Sistine Chapel in the Vatican.
Imagine then, if he decided not to work as an artist.
Being a successful artist has always been extremely difficult, imagine if he decided to give up this ambition in favour of something easier?
Oftentimes, people often decided to put their dreams aside for something more “realistic”. To give up their dream for something easier. This quote teaches us the danger of such a point of view.
Instead be ambitious.
2. Find What You Love to Do and Do It
From Oprah Winfrey, Media Mogul:
“You know you are on the road to success if you would do your job and not be paid for it.”
This is a good quote to remember and think about when you’re at work.
Imagine being as successful as possible in your current job. Ultimately you’ll probably find yourself working extremely hard and this it will take up much of your time.
If it’s a job you hate, then being successful at it might only mean filling your life with something you hate to do. What’s the sense in this?
Instead, why not focus on doing something you love? When you’ve found what you’re passionate about, you get the motivation to keep you moving. Success at this means the fulfilment of your dreams.
Not sure what your passion is yet? You should learn about this Motivation Engine first.
Even if you’re not successful, you still filled your time with something you love to do. Many successful musicians spent years of their lives doing unpaid performances, the only reason they kept playing was because they loved to perform.
3. Learn How to Balance Life
From Phil Knight, CEO of Nike Inc.:
“There is an immutable conflict at work in life and in business, a constant battle between peace and chaos. Neither can be mastered, but both can be influenced. How you go about that is the key to success.”
All too often, people think that to be successful, they need to make the object of their success their life.
If a person thinks their job will lead them to success, then they may spend countless hours per day, and well into the evening working hard.
However this comes at the cost of rest, your health and having an enjoyable life. Ultimately they may burn out and cease to be successful at their job anyway.
If success comes from having a strong social life and a good group of friends, their job may suffer; meaning that they may lose their job, and then be unable to afford going out with friends.
In these ways, success, as Phil Knight says above, is helped by balance. Think of it as a balance between rest and work, or work and play.
To achieve that balance, this Ultimate Guide to Prioritizing Your Work And Life can help you.
4. Do Not Be Afraid of Failure
From Henry Ford, Founder of Ford Motors:
“Failure is simply the opportunity to begin again, this time more intelligently.”
There is a story, it’s unconfirmed whether it actually happened, yet the message within is none the less true:
Thomas Edison inventing the lightbulb was the result of several hundred failed attempts. In an interview, he was asked “How do you feel after all of your failed attempts?”
His response was great, “I didn’t fail, I learned hundreds of ways not to invent the lightbulb”
He saw each “failure” as a lesson. From that lesson he learned what won’t work, and also might work instead.
Each failed attempt, each rejection, were key steps on his path to success. It is easy to feel like you should give up after a failure. But perhaps in that failure is a lesson.
Pay attention to your failures, study them. Perhaps then you’ll learn how to succeed.
If you find it difficult to fight your fear of failure, here’s a guide for you: Why You Have the Fear of Failure (And How to Conquer It Step-By-Step)
5. Have an Unwavering Resolution to Succeed
From Colonel Sanders, Founder of KFC:
“I made a resolve then that I was going to amount to something if I could. And no hours, nor amount of labor, nor amount of money would deter me from giving the best that there was in me. And I have done that ever since, and I win by it. I know.”
This, in many ways relates to the above quote about learning from your failures.
It’s the easiest thing in the world to give up from a failure. The only way to push on is if you have the true burning desire to succeed, to not be moved or dissuaded from your goals.
If you are not truly dedicated towards success, then each failure will hurt more, each set back will slow you down.
Success is hard; without the unwavering desire to succeed, this difficulty may seem insurmountable. With the desire, it is merely an obstacle to go through.
6. Be a Person of Action
From Leonardo da Vinci, Renaissance Genius:
“It had long since come to my attention that people of accomplishment rarely sat back and let things happen to them. They went out and happened to things.”
Though it was said hundreds of years ago, it works just as much today as it ever had. It applies to literally any successful person.
Think about it, picture someone like William Shakespeare:
When we think of the time he lived in, we think of the time in a way shaped by him. When we think of Renaissance era Italy, we think of Michelangelo and Leonardo Da Vinci. Or think about the present day, Bill Gates or Steve Jobs. Our current way of life would simply be incomparably different if they didn’t accomplish what they did.
You’re probably reading this article on a device by a company that they either founded or companies influenced by them.
All these figures were proactive, they saw ways to do things differently and did them. If they let the world shape them, then they’d simply fit into the background. Instead they shaped the world.
Applying this to you?
Don’t be afraid of going outside the norm. If you can think of a better way to do something, do it that way. If you fail, try again.
7. Cultivate Positive Relationships
From Theodore Roosevelt, 26th President of America: “
The most important single ingredient in the formula of success is knowing how to get along with people.”
The best leaders and some of the most influential people (and Theodore Roosevelt is one of the best leaders and one of the most influential people to have lived) were not those who caused commotions, who fought with people or disregarded people; but were people who were friendly to those around them.
People liked them. They wanted them to do well.
This is key to good leadership.
It’s logical. If someone likes you, they want to help you; if you give them a suggestion, they’ll gladly follow through with it.
But if someone doesn’t like you, they may either refuse to help or actively get in your way.
What’s more, it’s always a good idea to cultivate good relationships. You can never tell who will prove to become someone who’ll be able to help you in a big way, or even be a good and supportive friend.
As such, help people and they may help you; and be good to people, and they my be good to you.
8. Don’t Be Afraid of Introducing New Ideas
From Mark Twain, Famed Author:
“A person with a new idea is a crank until the idea succeeds.”
It is an unfortunate truth that those with the boldest ideas are often disregarded.
Most of us are taught from an early age to think and do things similarly to everyone else. This can be great to fill an existing role. But to truly do things differently (and all successful people did things differently), you need to think differently.
If you have a new idea, don’t throw it away because it’s new and different; instead, celebrate it. Your strange new idea might one day be the one that leads you to success.
9. Believe in Your Capacity to Succeed
From Walter Disney, Founder of Walt Disney Company:
“If you can dream it, you can do it.”
Success has to be something you can imagine yourself achieving.
It is possible that you will come across those who doubt you and your ability to succeed. You must not become one of these people because the moment you cease believing and dreaming is the moment these dreams fall away.
10. Always Maintain a Positive Mental Attitude
From Thomas Jefferson, 3rd President of America:
“Nothing can stop the man with the right mental attitude from achieving his goal; nothing on earth can help the man with the wrong mental attitude.”
Like the above quote says, you need to trust in your ability to succeed. This is the only way to cultivate the right mindset.
Replace negative thoughts with the positive ones. You need to approach problems, not as obstacles stopping you, but merely tasks that need to be completed for you to keep going.
If you stay positive and think like this, setbacks won’t affect you so much, people’s doubts won’t impact you and even the biggest obstacles will seem like minor problems.
However with the wrong mindset of doubt, you’ll be much easier to stop.
11. Don’t Let Discouragement Stop You from Pressing On
From Abraham Lincoln, 16th President of America:
“Let no feeling of discouragement prey upon you, and in the end you are sure to succeed.”
It is an unfortunate fact of human nature — all of us in some way, doubt ourselves. This can be made far worse if others doubt us too.
When surrounded by doubts, giving up can actually seem like a good idea.
Don’t pay attention to the doubts. If you are discouraged, ignore it.
If this discouragement moves into your mind and you begin to doubt yourself. It is important to ignore this too.
12. Be Willing to Work Hard
From JC Penny, Founder of JC Penney Inc.:
“Unless you are willing to drench yourself in your work beyond the capacity of the average man, you are just not cut out for positions at the top.”
You might have heard the quote that “success is 1% inspiration, 99% perspiration” or you may have heard about the 10,000 hours idea.
Whichever way you frame it, they say one thing:
True success comes from work.
You’ll never become successful if you don’t work towards your goal in life and keep working towards it.
Check out this article and you’ll understand Why Hard Work Beats Talent.
13. Be Brave Enough to Follow Your Intuition
From Steve Jobs, Co-founder of Apple Inc.:
“Have the courage to follow your heart and intuition. They somehow already know what you truly want to become. Everything else is secondary.”
In ancient Greece, there was a group of Oracles who lived in Delphi. Everyone who needed advice or to know their future visited them, from the poorest of society to kings. Above the doorway of the temple were the words “know thyself”.
If you strongly believe and desire something, chances are that you already have an idea how to get there. If not, you may naturally know what things will help you and what things will slow you down.
It’s like how your body can detect danger even when things seem safe.
Ultimately then, you need to trust your own instincts.
What you might have noticed is that many of the above lessons are similar — most are about developing the right state of mind. This clearly suggests that the key to achieving success, in whatever you wish, comes down to the way you approach it mentally.
Moreover, no matter what stage of life you’re at now, you can still make a difference and pursue success. You can make resetting your life possible when you do this: How to Start Over and Reboot Your Life When It Seems Too Late
More to Help You Succeed in Life
- How to Live up to Your Full Potential and Succeed in Life
- 19 Definitions Of Success You Should Never Ignore
- How to Create Your Road Map to Success (A Step-By-Step Guide)
Featured photo credit: Ryan Wong via unsplash.com