Entrepreneurs are more prone to stress than mere mortals because they have to carry the weight of running an entire business on their shoulders.
One entrepreneur I know confided to me recently that he had $8,000 in his business checking account and had to process payroll that day for $24,000 in employee paychecks. He was frantically running around town trying to collect on his receivables.
Talk about stress! I got stressed out just listening to him.
Although it is useless to advise entrepreneurs to avoid stress completely, it is important for them to understand the effects of being stressed out and learn some basic techniques for dealing with entrepreneurial stress.
Stress Is an Entrepreneur Killer
Overstress can cause a number of health related issues like migraines, insomnia, high blood pressure, a weakened immune system and depression.
Eventually, stress impacts a business owner's work and reduces productivity.
Long working hours, irregular schedules and lack of sleep fueled with working for hours together in front of the computer can take a huge toll on their lives before they even realize it.
How Entrepreneurs Should Deal With Stress
As an entrepreneur, it is mandatory for you to lead a very organized and systematic life that minimizes unnecessary stress.
Here are a few simple stress busting techniques you'll do well to follow in your daily life:
- Take things slowly during the course of the day. Do not rush over things, whether it be attending to situations or making vital management decisions.
- Start your day early. Make it a point to spend some time to exercise in the morning before work. This helps to keep you mind and body afresh throughout the day. Also remember to have a healthy breakfast before leaving the house!
- Try to maintain a cheerful and positive attitude in office. Failing to close a deal or not meeting up with targets or deadlines are part of the business. Accept success and failure with the same attitude. Be happy about your achievements and learn from your downfalls.
- Manage your time and work for the day so that you are not overloaded with work especially towards the end of the day. Decide on what tasks are most important for the day and complete them first before moving on to a new one.
- Decide what your business hours should be and stick on to them. If you need to work overtime for a few days, maybe, for example, a couple of weeks before your project's release, then make sure you reward yourself by taking a day off from work.
- Have a social life. Talk to friends about your problems; do not be afraid to ask for help if you think you need it. Spend time with family and friends as much as possible. This will not only relax your mind but will also strengthen your ties with your loved ones.
- Finally, try to practice meditation on a daily basis. It is a proven stress reliever that you can practice anywhere at any time. All you have to do is find a comfortable place and position, close your eyes and allow your mind to relax for some time. It not only reduces tension but also improves concentration and re-energizes the system.
At the end of the day, clear all negative thoughts that occurred during the day. Have a light dinner and go to bed early. Proper sleep is essential to have a clear mind and healthy body.
Although stress is not something that can be or need to be avoided completely, managing stress is highly important for a balanced and healthy life.