How Entrepreneurs Can
Reduce Stress
Small business owners
can restore their health and sanity with these four easy stress-reduction
methods.
Being an entrepreneur can be hazardous to your health.
According to research from Bolt Insurance, almost half of small
business owners believe that the stress of running their business has damaged
their health.
This is not surprising when you consider that
entrepreneurs work longer hours than almost anybody else. Two thirds of small
business owners work more than 40 hours a week and fully one out of ten puts in
a staggering 70 hours plus!
To make matters worse, most entrepreneurs find it
difficult to take much-needed rest and relaxation. More than half are afraid to
take even a full week of vacation in the summer, often because they're afraid
an important client won't get good service.
Fortunately, there are four ways that entrepreneurs
can reduce their stress levels and recover both their health and sanity:
1. Learn to Say "No"
When you commit to 10 percent more than you can
actually accomplish, it "feels" like you've got 50 percent more,
thereby creating even more stress. By not taking on more of a workload that you
can reasonably carry, you create more time for meaningful activity and
therefore less stress.
2. Delegate, Delegate, Delegate
Taking on more than your fair share of the
responsibility for getting things done leads to fear of things "falling
apart" when you take a day off. Giving more responsibility to your
employees and contractors--and trusting that they'll get the job done--can take
a huge weight of stress off your shoulders.
3. Track Your Time
Here's a huge secret: 90 percent of time management is
simply tracking how much time you're spending on each type of task. Knowledge
is power. Once you realize what's eating up your time it becomes absurdly easy
to decide what's high-priority and what can be eliminated or delegated.
4. Unplug
Every entrepreneur knows that success is only possible
through self-discipline. Well, here's where theory meets practice. Exercise the
self-discipline to turn off your phone and computer when you're asleep and for
at least two hours while you're awake. For maximum stress reduction, spend that
time with friends and family.
By: Geoffrey James
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