Oftentimes, would-be entrepreneurs have great ideas for potential businesses but become paralyzed and easily discouraged when it comes to actual planning and implementation. Entrepreneur.com.ph asked U.S. certified life coach Andrea Goseco for tips on how entrepreneurs can overcome mental roadblocks commonly associated with launching and maintaining a business.
Q: I enjoy having my own business but it is not easy all the time. How can I manage stressful situations better?
A: Stressful situations cannot be avoided when we have a business. An example of stress can be meeting the deadline for a client or having a disagreement with your business partner. It’s easy to worry when we are faced with stressful situations. What you want to happen is to be able to react to stress the right way. If we are not able to control our reaction, it can lead to panic and we end up not making the right decisions.
Here are some ideas on how you can control stressful situations:
1. Identify what causes you to feel stressed
Think of the times that you felt stressed and how you reacted to the situation. Write this down and you will see that there are patterns in your behavior. What you need to do is to determine if your action is appropriate for the situation. Identifying your beliefs help you understand why you reacted the way you did. Do your thought patterns get in the way of handling a situation or does it push you forward to be more prepared? Get rid of the thoughts that are not working for you.
2. Use your energy well
You only have a limited amount of time to do important things during the day. You need to be aware of how you use your energy. It is important to stay focused and to plan your day well. If you feel tired and drained, it will be difficult for you to be productive. Are you spending too much time doing a particular activity? Is your work and personal life balanced? Are you able to give priorities to things that matter?
3. Think positive thoughts
Don’t dwell on a situation that went wrong. It’s easy to get carried away focusing on what didn’t work. Whenever you experience setbacks, focus on what you can learn from the situation. Use what you learned to be help you face similar situations in the future. What you learned are important tools to help you move forward. Reframe your thoughts and think that of it as insights to help you prepare for the future. Don’t get stuck in the past and repeat the same mistakes. The only way for you to remember these valuable insights is to practice what you learned from every challenge.
4. Prepare a plan
Think of the possible challenges that you might encounter when you start a business. This will help you be prepared to cover all bases because you were able to analyze the problem well. You can always look at this plan as you go along with your business. It can serve as a guide on how to handle challenges in the future. This quote from Walt Disney sums it up: “All the adversity I\\\'ve had in my life, all my troubles and obstacles, have strengthened me... You may not realize it when it happens, but a kick in the teeth may be the best thing in the world for you.”
Use these tools to help you prepare for adversities. You need to find a way to make this a part of your life to be able to handle situations better. It may be a challenge to change the way you do things but you have think of the greater benefits it will give you.