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10 ways to cope with stress (Part 1)

Cope with stress with these tips.
By Entrepreneur Staff |
10 ways to cope with stress (Part 1)

With the world going through another financial crisis, the cartoon of a chicken screaming “The sky is falling!” is in vogue again. But businessmen don’t have to act like a panicked fowl in times like this. In fact, many Filipino entrepreneurs think of the economic crisis as a great opportunity for businesses to shine, particularly for small and medium enterprises (SMEs).

[related|post]Four entrepreneurs interviewed for this report— Brian Quebengco of the industrial design firm Inovent Inc., Dondon  Atayde of the events company Wishcraft, Richard Cruz of the real-estate consulting company INSPIRE, and Jonathan Dee of Alliance Tuna International Inc.—all agree that instead of yielding to the stress caused by economic instability, SME owners and operators should see the situation as a challenge for their businesses to do even better under great pressure.

“The true entrepreneur is one who doesn’t succumb to stress, for where some people see problems, the entrepreneur sees only challenges,” says Quebengco, who is the founder and “chief inoventor” of Inovent, the only industrial design firm in the Philippines that is an accredited member of the International Council of Societies of Industrial Design.

Atayde, founding member of Wishcraft and currently its managing partner for corporate affairs and finance, adds: “The stress of a business owner is different. In business, there’s an equal chance of success and failure. But for someone with an authentic entrepreneurial spirit, the risks are always outweighed by the prize of success.”

Cruz, a consultant at INSPIRE (acronym for Innovative Solutions by Professionals in Real Estate) and an MBA professor at the Asian Institute of Management, has this to say: “It’s easy to succeed in boom times, but a recession is actually an ideal time to learn to run your business wisely because the margin for error is smaller.”

On the other hand, Dee, CEO and president of Alliance Tuna International, says there’s really no way for an entrepreneur to dodge stress during bad times: “The buck stops at your desk. The only way to get through a crisis is to stay focused working out the problem, working out the scenarios, and making the hard decisions with or without assistance.”


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