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8 Ways to Manage Stress as A Business Owner

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8 Ways to Manage Stress as A Business Owner

8 Ways to Manage Stress as A Business Owner

It’s important that you stay on top of your game at all time as a business owner, you need your mental health to be one hundred percent okay to perform at your highest level of efficiency, and keep your business rolling. Though most business owners understand this common theory, yet several factors hinder them from maintaining that equilibrium of efficiency, the top of it all being stress.

One of the most important skills that you need to acquire as a business owner, along with your financial and other key skills, is the stress management skill. You need to know how to manage all the pressure that comes with the entrepreneurship journey, without derailing from being at your best at all time.

Here are 8 ways you can manage stress as a business owner, without losing your sanity or business.

  1. Daily Planner

When your daily tasks aren’t simplified and properly prioritized, you’re sure to be faced with a bank of stress that make the whole day a hell. One of the easiest ways of saving yourself of the daily pressure, is to carve out a plan for the day, even before it starts, it makes it a lot easier for you to navigate your way through the day without feeling any jot of stress.

At the start of each day, identify what the tasks are, schedule a time for each, make a list, prioritize, take a step at a time, don’t just allow events to unfold themselves, capture the day at the beginning, don’t leave it to fate or circumstances. There’s a certain peace of mind that comes with knowing what you are going to do in the next minute, and the minute after that, throughout the day, knowing fully well that every minute of each day is accounted for.

  1. Delegate

“Don’t bite more than you can chew”. In the attempt to multitask and do a lot in a short period of time, some business owners choke themselves out, allow stress to accumulate, and eventually knock them down and out of their businesses.

You don’t have to do everything related to your business yourself, just because you are the owner, you need to learn how to delegate and trust that other people can do the job right. The common reason entrepreneurs and business owners are often scared of delegating tasks to someone else, is due to their insecurities, they don’t often believe that someone else can do the job better than them, so they want to do it all alone, to get the desired result.

This ignorance right here is the leading cause of stress, and to avoid being a victim, learn to delegate and not go beyond your ‘elastic limit’.

8 Ways to Manage Stress as A Business Owner

  1. Learn to Say No

You don’t have to please everybody, you only need to do what is right for you and your business, and in doing what is right for your business, you need to learn to say no to things that aren’t important or necessary for the business. Activities or tasks that are outside your plan or schedule and are ready to take up your time and suffocate you out, should be strongly avoided.

Don’t increase your workload, by taking up duties or responsibilities that aren’t meant for you, all in the name of being humane and nice, set boundaries. You should be focused on your planned tasks and not allow something else put pressure on you or get you stressed out, learn to say No. Your time is as important as your energy, conserve it.

  1. Don’t Overflog

As a business owner, you need to understand that things would not always go as planned, so when they don’t, evaluate the process, learn from it and move on, don’t dwell too much on it or overthink it. If you do, you might get burned out and fall under a stress cloud that’s dangerous to your mental health, and is capable of reducing your level of efficiency.

Planning or prioritizing tasks doesn’t guarantee the desired result, it only raises the probability of getting the desired result.  When things don’t fall in place or go as scheduled, accept that reality and move on, don’t overflog it to the point that it weighs you down, and puts your health at risk.

 

Read Also: 5 Strategies for Spending less time and work and more time on you

 

  1. Relax

Adopt the habit of taking occasional breaks during the day, to relax and repower. During your breaks, you can take power naps take a walk, etc. anything that allows you get off a considerable amount of the work heat.

Taking a break allows you to, clear your head, get rid of some of the pressure that might be compounding in the day already, have some time to reflect on what you’ve done in the day so far and catch up with the rest of the plan.

8 Ways to Manage Stress as A Business Owner

  1. Exercise

Research has shown that one of the easiest ways of managing stress, is through routine exercise. Find a workout that works for, that can help you defuse, and recharge. It could be spending 30 minutes on the treadmill, an early morning power walk, thirty minutes jogging etc.

Exercise helps keep our blood flowing, and enough physical activity increases our endorphin level, the neurotransmitter produced by the brain, that gives you more energy and helps you feel better. You don’t necessarily have to visit the gym before you exercise, you could do a physical activity as simple as stretching or walking around your office.

  1. Eat

Hunger and thirst can stress the hell out of you, the pressure you exert on yourself when you bounce meals can result in stress, that can get you burned out. It’s important that you take your meals as at when due, you may have to delegate some tasks that can impede you from eating or even eliminate them if they aren’t that necessary.

For you to be at your best at all time, you need to eat, and eat right.

  1. Get Enough Sleep

Business owners often develop the habit of sleeping late in the night and getting up very early in the morning, thereby resulting in a short sleep time. The reason for this is due to the myth that short sleep time equates high level of productivity.

You can’t cheat nature, and you can’t cheat your body as well, except you’re planning for a complete shutdown that would require more time than your actual sleep time. It’s necessary that you get enough sleep everyday, to help reduce the pressure, clear your eye and head, and manage stress.

Stress is not entirely dangerous or bad, a certain level of stress is even required for you to perform at your highest level of efficiency, and this explains the reason why we campaign for stress management, and not stress elimination.

 

 

Hope you enjoy this article?

Share your thoughts in the comment session.

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DayoHub
Dayo Adetiloye
(B.Agric, MBA)
08105636015, 08076359735

Serial Entrepreneur - International Business Planning Consultant - Speaker - Trainer - Author - Blogger - Network Marketing professional.

- 2018 SME Business Trainer and Coaching Advisor at GIZ for SME Loop.
- 2018 YALI RLC Online Cohort 9
- 2017 Fellow, Inspire Africa Train-the-Trainer Entrepreneurship programme sponsored by US Consulate Lagos and the Dickey Center, U.S.A.
- 2016 Fellow, Tony Elumelu Foundation Entrepreneurship Programme
- 2015 Top 50 Innovative Entrepreneurs, BET5 by Diamond Bank and EDC, PAU.

He is an alumnus of Enterprise Development Centre (EDC) of the Lagos Business School (LBS), Pan-Atlantic University (PAU). Through his training, mentoring, speaking and coaching programmes, he has empowered many young people over the years to start and grow their own business, build wealth, create multiple streams of income and achieve financial independence.

- He is a Certified Trainer in Design Thinking by the U.S Consulate, Lagos and the inspire Africa Entrepreneurship Institute.
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