What is the most effective way to deal with the anxiety that a home-based
business entrepreneur experiences? The quick answer is to realize that this is
part of being a business owner and to learn to live with it.
The anxiety will
not go away over night and you may be experiencing it for many years as you look
at the profit/loss margins that occur with starting a business and moving to a
place where it is stable and successful.
Many people are drawn to the
idea of being
self-employed, and not having to work for a boss and also because they think
that there are many freedoms with this type of business. They soon find out;
however, that this is not the case and they will actually be working long, hard
hours for a few years as they try to get their business on its feet.
The
difference in being self-employed is that everything rests on your shoulders.
When you were working for someone else, you had to deal with things you probably
did not want to but the entire weight of the financial success of the company
was not your concern – now it is. You are now concerned if there will be enough
profit to pay your employees, your vendors, and your bills.
Remember that
simply because you are feeling pressure does not mean your business is going to
fail. It simply means you are now in business for yourself and are facing the
same pressures that all business owners experience at some time or another.
Anxiety is a great motivator.
You may wake up and not want to do any work, you
would prefer to make an early round of golf, instead you realize that if you
choose this option you will only be making it more difficult for yourself and
you will lose money as opposed to making money. I would actually be concerned if
you started a new business and had absolutely no fears at all, that is being
arrogant and has a great chance of leading to failure.
There is a
difference in being confident about your business venture and arrogant. Arrogant
is thinking nothing will go wrong and you do not have to make an effort or sweat
over the financial affairs of your new business.
So how do you deal with the
pressure?
Make sure you have a financial plan. Talk to those who are involved in
your business and make sure everyone knows their goals. Talk about the risks and
whether-or-not, they are worth taking. Do not stick your head in the sand and
pretend they do not exist – they do and you need to face them head on and when
you do, you will be successful and your anxiety will lessen and will eventually
go away.
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Bronzi Home Based Business Tips
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Hi! Thanks for the great information you havr provided! You have touched on crucuial points!
ReplyDeleteFrancisco Paco Casal