Thursday, February 21, 2013

How To Deal With the Pressure of Being a Business Founder ...

Being the founder of a business is one of the most pressure-filled endeavors one could ever take on. As Sean Percival, an LA-based entrepreneur and co-founder, points out in a recent blog post, ?Having a start-up today is not about crushing it. It?s about not getting crushed.?

In recognition that being a founder isn?t without serious difficulties, SimplifyThis asked our friends at Noomii: the professional coach directory to provide some advice for dealing with the pressures that founding a business can bring.

Photo: Sebastian Fissore, www.sebafissore.com.ar

Check your reality

? How someone views pressure can be worked with,? according to Paul Strobl a Houston based executive, life and entrepreneurship coach. ?New perspectives can help ease pressures.? Pressure is a perception, not a fact,? he says.? If you?re looking to cut down on the feeling of pressure at work, Strobl suggests asking yourself a few questions including, what can you do to delegate, systematize, or outsource?? How do you know when you?ve done enough for the day?? How do you know when you?ve had ?enough? success?? Additionally he encourages people to consider what the worst case scenario looks like. ?When you know you can deal with anything that comes, you have no fear.? No fear equals no pressure.? You keep doing what you?re doing and the outcome doesn?t mean anything about you. A project can be a failure.? A person cannot unless he/she decides to stop trying,? he adds.

Don?t be a lone wolf

According to Dan Weigold, a Colorado based leadership coach, for many entrepreneurs there is a sense of having to do it alone and many founders lack someone whom they can talk to objectively to help them deal with all the issues of running a business.? ?The founder faces the full weight and responsibility of getting the business to be successful, that means marketing, sales, product development, and producing results and it can be overwhelming,? Weigold says. For him the solution includes working with a coach or finding a mentor through SCORE or the Small Business Development Community (www.sba.gov) to develop plans to help reduce the stress of managing a business. ?The idea is not to go it alone,? Weigold says.? ?It means finding someone to provide some positive support and encouragement and a dose of validation to the founder so they don?t feel overwhelmed.?

Take renewal breaks

According to Sean D. Stewart an entrepreneurship, life and career coach based in Hawaii, disengaging from your day to day consistently throughout the day, week, month, quarter and year is a way to manage the pressures of being a founder. For Stewart, it?s about ?Not falling into some God complex that it?s all about you and your business, and trusting in the process that is bigger than you.? Some other tips on Stewart?s list: ?Patience.? A supportive and loving peer group.? Not taking failures or losses as losses but being grateful for them for what they teach you. Meditation, spirituality.? Family time.? A sound business strategy that doesn?t allow for over-commitment.? Under promising, over delivering.? Balance.?

Practice gratitude

Patricia Reynolds-Meade, a California based life and christian coach says having a gratitude practice is one of the biggest tools she utilizes for creating ease, grace and manifestation in her life. ?When things get chaotic in my life or business, I use my gratitude practice to consciously shift my focus away from what is not working to what I am grateful for (what is working),? she says. ?Moving my thoughts from a place of lack, loss, anger, frustration or despair to counting all the amazing blessings in my life, gives me the power to receive more goodness that is meant to come my way.?

According to Reynolds-Meade, in order to connect to your gratitude count your blessings at night. ? It takes your attention away from work thoughts and prepares your mind for a peaceful and happy sleep,? she says. She also suggests writing in a daily gratitude journal to help you remember all the positive things that happened throughout the day. ?It?s easy to look at your to-do list and see all that did not get done; however, when you take the time to write down what you are grateful for, you begin to see your life as more enriched and fulfilling,? she says.

Get out of the pressure cooker

Ed Britton a leadership, career and executive coach in Xiamin, suggests that there aren?t any ?best techniques for dealing? with life perpetually in the pressure cooker. ?This kind of life style and business practice is fundamentally wrong. Living your life that way simply won?t work. It is not to be admired. Don?t tolerate it in yourself or others,? Britton suggests. ?A person has to get out of the pressure according to their needs. Others have to be trusted to step in and assume the burden for a period of time. If that can?t happen, then, at some level, the system is sick and people will end up getting hurt, he says. ?Systems that require this kind of behavior, and people who engage in it, simply cannot be tolerated regardless of short term yet unsustainable benefits.?

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Source: http://www.simplifythis.com/blog/small-business/how-to-deal-with-the-pressure-of-being-a-business-founder-and-entrepreneur/?utm_source=rss&utm_medium=rss&utm_campaign=how-to-deal-with-the-pressure-of-being-a-business-founder-and-entrepreneur

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