Being an entrepreneur is not all milk and cookies. It’s no wonder why half of all new businesses fail within five years! As an entrepreneur, you’ve got to be the CEO, CMO, CTO, COO, copy guru, and janitor! Pressure is immense when you don’t have a steady paycheck or health insurance to rely on.
Imagine being just one paycheck from losing your apartment. Imagine a competitor stealing your idea and is now zooming ahead of you because they have a larger marketing team and more capital to spend. The stress of being an entrepreneur is a real killer that is not talked about often enough.
Below is an infographic from Hiscox which provides some tips for overcoming stress as an entrepreneur at “the office.” Take a deep breath and relax everyone! It’s the weekend!
Untemplaters, how would you rate your current stress level on a scale from 1 to 10 (1 being calm as a cucumber and 10 being horrific)? Are your top stresses related to your job or business? Do you have any tips for overcoming stress as an entrepreneur?
Kevin @ SpringCoin says
Definitely getting your exercise is important. Stress can cloud your judgment and decision making skills. Definitely love the part about not doing work while on lunch break, I make sure I stick to this rule.
Sydney says
My stress level is pretty high lately with all the extra hours I’ve been working. It’s been fluctuating around a 7. I’m having a lot of fun but my workaholic tendencies are starting to get the better of me. My focus has been better lately though which has been nice. When time is limited we really have no choice but to focus and crank things out!
Financial Samurai says
Feels good to get things done though! It’s an addicting reward, completing something.
Lance @ Money Life and More says
I’m probably at about a 4 but that was only because month end was last week and is wrapping up this week. My stress level has gone down significantly since I have started my new job. Public accounting was a major stressor in my life.
Financial Samurai says
What’s the new job about now? Better hours and stuff? How long do you plan to do it for?
krantcents says
Everyone reacts to pressure differently. I deal with stress by doing things, it seems to relieve the pressure. If I am trying to increase readership, I can do a variety of things daily and continue with the things that work. This is also true in the classroom which may mean changing lessons or calling parents regarding behavior.
In business and on the job (teacher), stress varies. Taking action relieves stress better than anything.
Financial Samurai says
Agreed. There’s nothing like a tennis match, hot tub, and massage to relieve my stress!