One of the most stressful periods in your life may be the time when you are building your business. This can be the case for many reasons – heavy work load, uncertainty, doubt, rejections, etc. With that being the case, it is important to manage the high levels of stress. Not only can this be helpful with the health of the business, but it can also be helpful for your physical and mental health.
Here are five simple tactics that can immediately help you to manage and decrease stress while starting a business.
1. Simplify your lifestyle
It is very natural for us to always try to progress in terms of our lifestyle. This usually involves us accumulating more stuff and improving the quality of products and services that we purchase. As we do this, we will typically will increase our cost of living and personal overhead for what it costs us to live each month.
And if we have a normal job, there really is no problem with this as we have the security of getting a paycheck on a regular basis. Unfortunately, this financial security does not exist when building your business and high personal overhead can have a direct impact on the level of stress.
To be proactive against this, we can simplify our lifestyle by decreasing our activities, decreasing our assets, and decreasing the quality of our purchases. By making these minor changes, we can decrease personal overhead and this can help to decrease the level of stress.
2. Compartmentalize your life
One of the challenges when building your business is that you will have to wear many different hats in terms of responsibilities. You will be in charge of sales, finance, marketing, accounting, IT, HR, janitor, spouse, parent, and I could probably keep going. This can easily become overwhelming and can create a tremendous amount of stress.
One tactic to deal with this challenge is to compartmentalize your life by creating segments of the week or day that are dedicated specifically for particular tasks or responsibilities. Not only can this help to decrease stress, it can also help to make you more productive.
3. Have a financial cushion
It can be very helpful with decreasing stress when you have some sort of financial cushion in terms of a bucket of funds that you can dip into when things are slow to get going. This might be some sort of savings or possibly a line of credit that you can access when you need to or live off of while you are going through the standard growth path that takes place when you are building your business.
Working out or getting some sort of physical activity can be one of the best ways to manage and decrease stress. Not only will working out have many different positive impacts on your life long-term, but getting in some good exercise in the short-term will release endorphins and these can have a direct impact on your ability to deal with and decrease stress.
5. Keep things in perspective
The last tip that we will discuss is to try to keep things in perspective. Regardless of the driver for the stress, at times we need to stop and try to keep things in perspective to realize that there are bigger things in life to get upset about.
We should remember that if worse comes to worse, we can always start a new chapter down the road and get a job if our business does not make it. Not the most positive thought to have, but if our stress level gets high, we can acknowledge that we can always get a job if things get really bad.
Launch Pad Solutions provides sales coaching that can help you with building your business.
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