Reducing the Stress of Being an Entrepreneur

Starting and running your own business can be exciting and rewarding, but it can also be very stressful. For most of our almost 40 year marriage my husband has been an entrepreneur and I have sometimes worked with him. Having built my own business as a Stress Reduction Coach I have been reflecting on the stresses of being an entrepreneur.

Signs and sources of stress

Some of the signs of stress overload include irritability, anxiety about the sustainability of the business, and/or high business debt. Relationships within the family can suffer if they do not understand the entrepreneurial drive or the time and effort it takes to start and run a business. For women entrepreneurs, the job of running the household and balancing work and home can create enormous stressors. When you work from home, all the household tasks that need to be done can pull you away from your business. People who are drawn to be entrepreneurs are sometimes idea people who don't like detail and repetitive tasks. Having to work on those things can create stress as well. And when you're stressed it's harder to concentrate and focus.

Organize your environment

One of the solutions is to reduce the stress and create an environment that discourages stress. Have a place where you can keep everything together and organized. A written plan of action for the business posted where you can see it along with a daily plan can help you focus the time you have available.

A system that works for me

I am not a person who comes to organization easily and I have struggled to find a way that works. Daytimers and lists help for a short while, but I have never been able to keep up with them. One thing I have found that works is to have a "big picture overview" of what needs to be done where I can see it. I have a poster board size piece of "static cling" presentation sheet that adheres to my door. It can be easily rolled up and removed if needed. I have several categories that I've posted at the top of the sheet, such as "website," "presentation," etc. These are written on standard sized post-it notes so they can be easily removed and changed. I brainstorm everything I need to do on small post-it notes. After I brainstorm, I then organize the notes in the appropriate columns. I also have a category that says TODAY for the urgent and important things. I can glance at the poster while I am working and see what else I might need to do and when I finish what I need to do, I can throw the post-it away. If something comes up that is not posted, I can put it on a post-it note and put it where it needs to be.

This "system" helped me write many graduate papers and I used it when I planned and wrote my dissertation. Now it helps me as I plan and work my business. This is just one technique that helps me reduce the stress of being an entrepreneur.

Lorna Minewiser, Ph.D has been helping people reduce their stress for more than 15 years. She offers individual and group coaching, workshops, CDs, e-books and a Stress Reduction membership site.For more information you can reach me at http://www.thestressreductioncoach.com

In The News:


Financial Times

China's entrepreneurialism can lift gloom
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Multinational executives are slowly drifting back to Beijing from their summer holidays abroad. Their mood is generally glum — and not just because of the pollution that has blighted China's capital over recent months, after what had been a glorious ...


Channel3000.com - WISC-TV3

Festival promotes entrepreneurialism in Madison
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A unique event begins today around downtown Madison highlighting start up businesses. The Forward Festival brings people from all over the Midwest together for eight days of innovation and entrepreneurship. There are more than 30 events planned over ...

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CNBC

With ruble's decline, Russian tourists gain appreciation for the motherland
CNBC
There are now ten museums, including one on the theme of Russian entrepreneurialism featuring elaborate window frames, musical instruments and old bricks. There are restored banyas (Russian saunas), wells with water whose purity has not changed ...
Rouble's loss is Russian domestic tourism's gainThe Straits Times

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Upstart

10 must-read books for every business leader as chosen by young entrepreneurs
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KSL.com

Fastest-growing Utah companies honored by magazine
KSL.com
The event recognizes the companies for "their entrepreneurialism and innovative business tactics." "Entrepreneurial companies in Utah benefit our state's economy by providing jobs and growing the state's business ecosystem," said Sam Urie, publisher of ...

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The Next Web

Meet the 13-year-old founder building an incredible tool to understand startups
The Next Web
While Ghodsi knows his own mind and ideas well, he's benefitted from the fairly strong culture of entrepreneurialism in Waterloo – he considers the founder of Kik, Ted Livingston, his mentor and has taken advantage of the plethora of co-working spaces.


The Australian

Income tax cut raises threat of GST hike
The Australian
The government is using its tax white paper process to look at both the top end of the income scale — where high tax rates are choking entrepreneurialism and work incentives — and at the interaction of taxes and welfare benefits lower down the income ...

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PBS NewsHour (blog)

New generation of Rwandan entrepreneurs offer tech solutions to farmers' dilemmas
PBS NewsHour (blog)
The government also runs workshops, radio programs and contests aimed at promoting entrepreneurialism. JEAN PHILBERT NSENGIMANA: Entrepreneurship, a mind-set, and an entrepreneurial environment or ecosystem is not present everywhere by ...


Advertising Specialty Institute (press release)

Top Quotes From Social Media
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... might emerge from a developing economy beyond American borders, where an entrepreneurship ecosystem is still in its infancy.” – Michael Dell, CEO of Dell, announcing on Twitter (@MichaelDell) an initiative to promote worldwide entrepreneurialism ...

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