Owning a small business can potentially be very stressful and may keep you up at night worrying about the number of sales, debt, cash flow, issues with employees, problems with equipment and operations… The pressure of trying to find ways to grow your business can build up.
Being the owner of a business is stressful and it can be hard to escape this. However, there are many techniques, which can be used to manage stress. So, here are our top five tips to combat small business owner stress.
1. Remember What’s Going Right
As you build up your business, it is extremely easy to only focus on what’s going wrong. You may tend to focus on looking at everything that is behind schedule, underfunded, or need to be fixed.
One of the first ways to improve your stress management is to remember everything that is going right. Remind yourself of all your accomplishments and any small business milestones, that you have achieved. There are probably more positives, than you realise, and don’t neglect even the smallest accomplishments. It may be a great idea to write a list of your achievements and whenever you feel stressed, look at it. It’s important to remember everything that’s gone successfully.
2. Rank Your Tasks
One of the main causes of stress in business Is having too much to do and too little time. It’s vital not to do everything at once and instead, focus on one or a small number of tasks at once.
You need to prioritise your goals. Start by writing down everything that you need to do, and then rank them in order of greatest to least. As you work, concentrate on the most important tasks. Once you finish those, then move down the list. In a way, you are creating an agenda for yourself.
It’s essential not to get overwhelmed by the number of tasks on your list, but simply to focus on what you need to do next.
3. Eliminate Negative Thoughts
As a business owner, it can be difficult to separate work and home and you may end up thinking about your business, whilst you’re supposed to be relaxing. Sometimes, it’s hard to stop worrying about your business and it may even affect your sleep.
If you’re struggling with negative thoughts, then write everything down that you’re trying to process. Write down any problems, possible solutions, and miscellaneous notes. This may take a while, but it is definitely worth it. Hopefully, this will enable you to sleep better, as all your thoughts are in one place.
4. Take Breaks
This is an incredibly simple but effective piece of advice, but taking breaks is vital. If you’re constantly stressing and feel as though you are going around in circles, then taking a break may be necessary. Stepping away from stress for even 10 minutes can be very refreshing and calming. Taking breaks is very important, as it will prevent burnout.
When you take a break, try and do something that relaxes you, like going for a walk, getting a coffee, or calling a friend. Make sure that you don’t do anything business-related. When you return to your work, hopefully, you will have a clearer mind and more energy. Sometimes, stepping away may even help you find new ways to complete tasks.
5. Take Care of Yourself
Remembering your health when you’re an entrepreneur is very important, as running a business can take a lot of energy. Being a small business owner can come with long nights, early mornings, and no weekends. Working nonstop puts strain on your body, with added stress on top of that.
You need to look after yourself, even by remembering to do the simplest things, such as drinking water throughout the day, regularly eating, and getting sleep. It may even be a great idea to reduce your caffeine consumption, although this can be very difficult. It’s vital to be healthy, as you will then be able to handle stress better.
If you can, then it may also be excellent to regularly exercise. Being physically fit is a brilliant method of small business stress management. Through exercise, you can release all your anxieties and frustration, whilst also clearing your mind and relaxing. Just a small amount of exercise can have a positive effect on reducing your stress levels.
And there you have it! Our top tips on how to reduce stress as a small business owner. It’s important for the health of both you and your business, so we hope it will prove useful.
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