Top Stress Management Techniques For Small Business Owners
Startup entrepreneurs have numerous reasons to be stressed but it does not even stop even when you have set it up to your expectations. The stress levels are usually high for small business owners as they tend to make profits on a day-to-day basis and continue to struggle to do well almost every day. According to the recent data shared by Stress.org, stress could lead to the following: • Stress at the workplace led to 10% of the strokes • 3 out of 4 people have visited doctors • There is a 40% increase in heart disease • 25% increase in heart attacks • Unhealthy eating and increased overeating • Sleepless nights
Overall, stress impacts all areas of your life that are mental, physical, and emotional. According to Kent Paul Scarborough, startup stress is real and we shoul d be finding ways to deal with it .
How is stress management different for business owners? The word stress is quite common and can happen to anyone. Students are stressed out about their education and exams. People in a relationship have a different level of stress and business owners are usually stressed about achieving what they have dreamt of. They deal with a lot of responsibility and the thought of delivering their best in all the aspects becomes the reason for stress. Their most common considerations are:
• The fear that business may fail- Around 20% of startups fail during their first year. An entrepreneur does not only have the responsibility to function well but also to keep the business running. At the end of the day, he needs to pay salaries to people who have a part of his business, and the fear of failure leads to stress. • Working long hours- Entrepreneurs end up working extra hours no matter what. At the time it is a business requirement and at the time you end up taking all the responsibility on your shoulders that you have to sit extra hours to achieve the target so that you do not have to pay overtime to your employee but in the end, this will cost you in terms of stress. • The position of responsibility- It is always said that one should start a business of services and products that you are well aware of. When you own a business, you pay your employees for work done but the responsibility of delivering well is in your hands. The stress of being the best and fulfilling every demand responsibly could impact your health.
Kent Paul Scarborough: Useful insight into positivit y in life talks about ways you reduce the level of stress at work. Follow these easy steps and you are sure to reduce the burden: • Automate • Delegate • Take a break • Exercise more • Fix your diet • Sleep more
The most common mistake that small owners do is sacrifice their sleep, to be productive. Well, you need to understand that your employees, client, and the consumer will be available at a specific point in time and you need to maximize your work, especially during those hours. Make use of the latest technology to automate your business and most importantly. Learn to delegate task which will simplify your work and reduce your stress levels. SOURCE CREDIT: https://kentpaulscarborough.medium.com/top-stress-m anagement-techniques-for-small-business-owners-7a93 7acc23ff
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