People think that being an entrepreneur is easy money comes with a lot of responsibilities. “Findings indicate that (controlling for past income and prior health) self‐employed people experience greater stress than employees,” Melissa Cardon, PhD, stated in her study. The work you do is for the betterment of your business, and you will have little help whatsoever, especially when you are starting. There is a lot of pressure for there things you need to do, like planning, marketing, and how you could be successful. With all the strength and responsibility, entrepreneurs develop stress, anxiety, and depression because they sometimes cannot handle all of these, especially if they are doing it alone. With this, their work can be affected, and psychologists understand this predicament. “Fear of success was related to result inadequacy and role inadequacy dimensions of stress,” says Kirtida N. Surti, PhD.
Who Are Most Affected?
Robert A. Baron, PhD posits that “while creating and running new ventures, entrepreneurs are exposed to conditions known to generate high levels of stress (e.g., rapid change, unpredictable environments, work overload, personal responsibility for others).”
For instance, startup founders are one of the most likely to develop mental illnesses. About 96% of startup entrepreneurs have reported being stressed, and almost 70% have anxiety. They are the most pressured group for they need to prove that they can keep up with the busy lifestyle that comes with owning a business.
A lot is going on in their minds, and these can also be a factor in their mental health. Here are some factors that can affect them:
- Uncertainty – starting your own business can give you feelings of insecurity. You are going head to head with other companies who already are successful, and you might feel like you cannot keep up with the current trends.
- Instability – the first few months of business is the “knowing your sales” stage, and these months can be slow, but that is the regular stage of business. It will be unstable, and you will not get the results you imagined, but that is the reality of business.
- Responsibility – being an entrepreneur and owning a business is a big responsibility in itself. You have to make sure your business is running smoothly and that you do everything from marketing up to inventory to ensure that everything is right up to the last cent. It is a lot of pressure for first-time entrepreneurs.
- Imbalance – the pressure of work can lead to long days and sleepless nights because you need to work hard to meet all the goals you have set. The worst part of this is that you will not even notice it until one day you will realize you haven’t had the time for yourself, your family, or your friends.
- Loneliness – when you are always at work and worrying about work, you slowly feel lonely for no reason. This is because you cannot balance your work with other essential things in life like a quick vacation or a moment of relaxation.
Not only do we feel these things, but we also neglect our physical health. This is the most important thing that we need to focus on so we can have the energy to do the work we need to do every day.
Here is what you can do to take care of your overall physical and mental health while not neglecting your work or business:
- Exercise – this is the most important thing you can do that will get your blood pumping. You will be energized to start another day of having a lot of work to do. If you don’t have time to go to the gym, you can at least walk or jog, even for 30 minutes a day.
- Get plenty of sleep – everybody needs at least 7 to 8 hours of sleep for the body to fully restored and be prepared for another full day’s work. Lack of sleep means a lack of restoration and lack of energy,
- Eating right – you will also need a balanced diet so that your body is healthy and packed with the strength to face anything. When your body is healthy, your mind is also in the best shape. It will then be your power up to focus on your business better and have the best results to become successful in no time.
Give yourself some time alone. This is the best therapy you can give yourself, and it costs nothing. Even for a little time after a full day’s work, you can give yourself alone time, and do something that you like. It will help you restore your mind and relax. Have a glass of wine, put on a face mask, watch a movie, or have a nice warm bath before bedtime can have a significant impact on your mental health.
Taking care of your physical and mental health will do wonders for your body and your performance. Taking care of yourself is not selfish; it is an investment that you will surely benefit from. If you are healthy, you can do more for your business.