Leadership Guide

How to cope the stress of growing your Small Business

You love your business but it’s taking a lot out of you. People who chartered these territories in the past know how difficult it can be to make a new business successful. No wonder often people who are engrossed in taking their new business to heights often experience stress. Though some level of stress is good and can help you achieve targets, stress of extreme level can bog you down and is no good for your health. The field of stress management is well researched and you can take a number of steps that ensure optimal levels of stress without affecting your work life.

Be Practical

It’s great to be ambitious but you also need to understand the limiting factors in your business and be practical about the goals you have set for yourself. In case of roadblocks you need to reassess the situation and revise such goals. In some scenarios it’s good to ponder and think rather than rush and haste. Brainstorming can help you find out the problem with your business and guide you to the much needed changes.

Don’t be a control freak

Nobody can match the sense of ownership you have for your business as it is your brainchild, but being too possessive and trying to control each and every aspect of it can drive you crazy. Delegate the responsibilities among the people you have hired and communicate clearly to them about the roles and the level of competence you desire from them. Your management skills can make or break your business.

Take time off

If you’re working seven days a week for your business, you might have become too attached to it. Taking time off is more like letting go and stepping out of your own way. It will give a new perspective towards your business and will you understand it as an outsider. Don’t sacrifice your whole life for the sake of your business.

Learn from your mistakes

One of the major reasons businesses fail is the inability of stakeholders to understand the problems of the business and doing same mistakes time and again. Identifying such issues and making a point not to repeat them can save you a lot of trouble in the future.

Leverage technology

Technology has invaded our lives in every sphere and your business is no exception to it. You can find a number of cheap or even free software that can make your life much easier. There is a plethora of applications that can help you integrate your emails, social networking accounts, schedules and more in one place. Less clutter means more efficiency.

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Dr Prem Jagyasi

Dr Prem is an award winning strategic leader, renowned author, publisher and highly acclaimed global speaker. Aside from publishing a bevy of life improvement guides, Dr Prem runs a network of 50 niche websites that attracts millions of readers across the globe. Thus far, Dr Prem has traveled to more than 40 countries, addressed numerous international conferences and offered his expert training and consultancy services to more than 150 international organizations. He also owns and leads a web services and technology business, supervised and managed by his eminent team. Dr Prem further takes great delight in travel photography.

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