Starting or growing your small business is exciting, but it’s also stressful and can put you at risk for burnout. Especially as we near the holidays, having some good stress management techniques in place could help you avoid burnout and continue working to build your business. We’ve put together some tips below:
Stress Management Tips:
1. Keep Your Perfectionism in Check
In pursuit of the perfect product, many entrepreneurs struggle to keep their perfectionism in check, which can lead to feelings of stress, failure, and burnout.
Make sure your perfectionism isn’t giving you tunnel vision, which can stifle your creativity and cause you to miss opportunities right in front of you. In these instances it can help to take a step back to see the big picture and remember what the overarching goals of your business are.
2. Delegate to Manage Your Workload
If you’re feeling overwhelmed, it may be worth hiring extra hands. But hiring can be a tough process; OAFVC’s advisory board can give you some tips on hiring and training staff. And if your business isn't ready for an employee yet, the staff at OAFVC can act as your staff on the days you need them.
3. Work With People You Trust And Learn From Them
At OAFVC we can also introduce you to other like-minded people through informal networking events and meet-and-greet nights. Learning from people who have done it before is a great way to avoid mistakes and get new ideas.
Our mandate is to help your business thrive and any business consulting we provide is intended to help your business and products succeed. And when you're ready to graduate to your own facility (like a number of our clients have) we'll celebrate with you.
4. Commit to Vacation Time
Take time off for yourself. With the holidays coming up, business is booming and you probably don’t have time to take a break. But even if you can’t find time during peak season, it’s important to schedule time off for yourself — even if it’s a short break after the new year starts. Plan for that time and commit to it.
We’ve seen it before: you’ve planned for a break, but you’ve got so much to do so vacation time takes a backseat, and before you know it, you’ve worked your way till next year’s peak season and you’re exhausted. You’ve missed important family events, and you’re not much fun to be around because you’re tired all the time.
Committing to a break can be hard. But make sure you make time for that break, and even if you feel a bit guilty while you’re taking it, take comfort in knowing you’ll be better off in the long run.
5. Make a Business Plan
Time spent planning is time spent away from the rest of your business — but it’s a time investment that pays off. Having a business plan is a great stress reducer: it allows you to set realistic goals, and gives you comfort when you’re on track.
Unfortunately the effort that goes into making a business plan can put people off. To save you time, and make business plans easier for you, we’ve put together a FREE Business Plan checklist you can follow, to help you grow your business effectively.