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Stress Management Key to Keeping Business (and Owner) Alive

Stress Management Key to Keeping Business (and Owner) Alive

Get help and focus on what’s important for stress management.

  • Stress can have negative emotional, mental and physical effects and if left unmanaged as an entrepreneur, it can also have detrimental consequences for your business.
  • You can manage stress by balancing work and personal life and using best business practices.
  • With stress management tools, your business will benefit from fewer sick days, higher productivity and reduced revenue.
  • This article is for small business owners who want to better manage the stress of entrepreneurship. The challenge of owning a business isn’t necessarily about hiring employees or satisfying customers. Sometimes the conflict is a bit more personal and the end result is usually tension.

Learning how to manage stress can be just as important to your long-term business success as learning how to turn a profit. In fact, as previous studies have shown, unmanageable stress can kill you.

However, tension and business ownership are inextricably linked. In a 2021 survey of small business owners, 52% said they were stressed all year round, up 7% from 2020. A lot of time, effort and dedication. Some business owners say they find it difficult to find time to spend with friends and family.

Discover your ideal work-life balance

Balancing work-life can be a huge challenge, says Rosalie Moscoe, owner of Health in Harmony, a Toronto-based wellness consulting firm that helps workers manage stress. The personal challenges small business owners face are emotional, physical, spiritual, and financial. “When you’re doing your business, you can think about things you didn’t have to worry about before, like paying off loans, saving, and getting all the money out with no cash coming in,” Mosco said. Daily business news.

There is little you can do to get rid of the stress-causing issues. You will likely spend more time as a business owner and you will be overwhelmed and overwhelmed. If you are just starting out, you may find it lonely to start your own business.

risk of stress at work

Stress affects mental and emotional abnormalities. Stress at work increases weight gain and can cause other health problems. In addition to the physical effects, stress can particularly affect a woman’s mental health. A study published in the Journal of Psychiatry and Neuroscience reports that women are more sensitive to depression and other mental disorders than men.

It only gives a taste of what stress can do to a human being. Here are some other known risks of work-related stress.

  • Fear: Owning and running a business entails a lot of uncertainty. Whether related to financial and managerial issues, fears unknown to the business can increase anxiety and increase stress.
  • Orphans: Business owners tend to work alone when it comes to building brands and handling office work, customers, and other organizational tasks. Concentrating on your to-do list makes it easy to isolate yourself from others, making you feel invisible, even when surrounded by colleagues.
  • Fear: Every entrepreneur has strengths and weaknesses. Lack of confidence in certain areas can make them work too hard to learn or master skills or information, avoid failure, and justify their lack of confidence to others. Such fear can disrupt the overall dynamic and workflow of a team.
  • Burnout: It’s great to get a job and work hard at it. However, working at an unhealthy level can lead to burnout. This can be due to just overworking yourself, overworking yourself, or trying to do it all at once.

What is stress management?

According to the Mayo Clinic, stress management includes:

  • Learning skills such as problem solving and time management
  • Improve your ability to deal with adversity
  • Improve your personal relationship
  • Practice relaxation techniques

These skills can turn stressful situations into positive opportunities for growth and improvement. By learning how to manage stressors, you have more control over your life and your reactions.

The secret to stress management is to balance work and family even after working long hours. Moses made these suggestions:

  • Schedule as if you were going to a regular job.
  • Plan your day in the morning.
  • Be clear about your top priorities and focus on the priorities that lead to your business.
  • Focus primarily on marketing your business. Do not spend all your time managing
  • Keep evaluating your goals and do not let them get lost.
  • Get help. Don’t do everything yourself.
  • Develop a social support network of friends and family.
  • Don’t give up relationships for business.
  • Get up early and go for a walk.
  • Eat right, not at your desk.
  • Drink plenty of water.

Better management for less work stress

Just as important as making time for yourself is finding ways to run your business with less stress.

“Without organization and good management, the short working hours associated with modern businesses can create stress and make extraordinary demands on people,” according to a study by the Small Business Administration. “An effective management structure can reduce stress and channel productive capacity of employees into business growth and profit.”

By finding employees who can share your responsibilities, you can also reduce stress.

“The single heroic leader is no longer synonymous with the arduous demands of today’s leadership,” said J. Richard Hackman, a professor of social and organizational psychology at Harvard University, said in a study on shared leadership: The study was published in 2009, but the point of “leadership today” in the always-on business era is better than ever.

“The most important conditions for effective shared team leadership include teams, which are mature and reasonably distinct groups,” Hackman said in a statement. “To identify who to rely on for a particular job, we need to know each other’s strengths and weaknesses. The second condition is to depend on each other for a particular shared purpose or purpose. . ”

Benefits of better stress management

Mosco believes it is important to focus on why you started your business first. “This is the hardest job in the world,” he says. But when you run your business, you feel in control of how you do it, and that’s the biggest factor in reducing stress.

Stress management is good for you and your business. Without a leader who manages good stress management and work-life balance, your employees can spend more sick days and be less productive. According to the American Health Council, effective stress management leads to higher employee morale, fewer sick days, fewer staff turnovers, and a positive corporate culture.

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