Let’s face it, the startup life is exciting, fun, and stressful. There is only so much a person can do in a day, and as an entrepreneur, you will try do it all. And you will fail. Rome wasn’t built in a day, and neither is a business. There are fundamental reasons why entrepreneurs experience more stress than a regular employee. In fact, entrepreneurs are 50% more likely to suffer from a mental illness than the rest of the population. In a world where one in five people suffer from a mental disorder, entrepreneurs are far more likely to fall into that category. Luckily, there are ways you can successfully manage your stress and anxiety to avoid burnout and build your business from the ground up. Hopefully faster than Rome was built!
Why is entrepreneurship so stressful? Isn’t it supposed to provide fun, freedom, and autonomy? Yes and no. While entrepreneurs may enjoy the freedom of being their own boss, the responsibility of building your business, brand, and taking care of potential employees can be overwhelming. Your business is your baby, and just like raising a child, the work is seemingly endless. It can be isolating starting a business from scratch, without the capital to hire a team to support your mission. Every mistake and setback can feel like the end of the road. Your workload is intense, and you are constantly focused on the business and little else. Dedication, passion, and a singular focus are the building blocks of any successful business, however, they are also a catalyst to burnout.
As an entrepreneur, you have a limited safety net and are often prone to financial hardship. Unlike a regular employee, you have no real job security and nothing to fall back on after a particularly hard day. The only constant in the startup world is change itself. While each financial gain and minor success can bring joy, these metrics are variable and prone to change at any given time. The weight of the world, and of the future of your business, rests on your shoulders. Who wouldn’t be stressed out with that kind of responsibility?
Luckily, we have some easy ways to help you manage your stress and get back to being the rock-star entrepreneur that you are! Here are three simple steps you can take to be happier, healthier, and less anxious right now:
First and foremost, don’t isolate yourself! It really does take a village to build a business, and nobody succeeds who tries to do it all alone. Find your people, your community, your support network that can help you through the hard times and celebrate with you when you succeed. Talk to a therapist to discuss your stress and relieve the burden of thoughts on your mind. Reach out to your colleagues and teammates. A startup is a collaborative effort. You need a solid support network of people that can relate to your struggles, and appreciate your concerns when you vent. Having a mentor in your field is also a huge benefit. They can see the bigger picture because they have been there first, and can offer you reassurance that you are not alone, even though you may feel isolated at times.
Compassion and empathy are not only key to the success of your business, but to your own mental health, too. Talk to yourself kindly. A good rule of thumb is to say your thoughts out loud, as if you were talking to a friend. If you wouldn’t say those thoughts to your friends, you shouldn’t be saying them in your own mind! The way you perceive yourself and your efforts directly correlates to how much you think you can achieve. Your mindset determines your growth, so think bold thoughts. Know that you can succeed, and take small strides to move your business forward every single day. It may take longer than you hoped for to reach your goals, but you will get there if you believe that you can.
Take a break! We know hustle is your middle name, but working 24/7 is not the key to success. If you don’t step back and disengage from your work, you will burnout very quickly. Exercise can help you take a break from work, and release some much needed endorphins into your system. Don’t worry, you don’t have to be the Hulk to get rid of your stress. Even taking a simple stroll at lunch, or a walk with your dog, can disengage your thought process, give you a break from stressful thoughts, and release endorphins. Your mind performs at its peak when you get a full eight hours of sleep. It’s often a good idea to compartmentalize your work day, and your rest. An hour before you hit the sack, make sure you disengage from your business. Turn off your computer, phone, and iPad. Take an hour to watch Netflix, play a game, or go for a walk. Make sure your mind is fully relaxed before you get into bed. If you go to bed stressed or anxious, chances are you won’t sleep well and you will wake up with an anxiety hangover.
If you’re experiencing entrepreneurial burnout, reach out to your people, talk to yourself kindly, and take a break from work. Starting your own business is a fun and exciting time, but hustling every minute of the day won’t lead you to success. This is a marathon, not a sprint, and you will succeed if you take the time to manage the stress and anxiety you’re feeling. One thing you don’t have to stress about is funding. If you’re researching alternative lending options, check out BizLender online or call 855-433-8641. BizLender has been offering lending solutions since 2013, and emphasizes working smarter, not harder, by using technology to fund small businesses in as little as 24 hours.
Get our latest updates, learn about what's in the press and stay current with industry news.
To get started, fill out the form below and click