Connect with us

Entrepreneurs

4 Ways to Overcome Entrepreneurial Anxiety

Published

on

entrepreneurial anxiety
Image Credit: Unsplash

It’s natural to feel nervous about your business when you’ve poured everything into it, including time, money, and other resources. Your nerves, however, can escalate into crippling anxiety if not managed effectively.

Below are 4 ways for you to either manage or overcome entrepreneurial anxiety:

1. Know that your net-worth is different than your self-worth

You are not defined by the amount of money in your bank account. Cash flow is the lifeblood of your business, but that doesn’t mean that you have to define who you are by the amount of money that you have.

We live in an age where we subconsciously compare ourselves to others all day long through social media or in the midst of social interactions. Please don’t do this to yourself.

There are so many entrepreneurs online showing off flashy cars, homes, and first-class tickets. It can create anxiety to feel like you’re so much further behind than other entrepreneurs, but the truth is that entrepreneurship doesn’t have to only be about making money.

Entrepreneurship is also about solving problems and creating value with your idea, product, or service in society. Plus, how many of the entrepreneurs online posting images of luxury cars and homes are even legitimate?

“I’ve never been a conceited person or cocky, never felt boastful, but I always had a sense of self-worth; I always had a real sense of myself.” – Will Ferrell

2. Surround yourself with a tribe that loves and supports you

When issues arise in business, which they always do, it can feel like you’re alone. The pressure to handle everything on your own can be too much, and that’s why it’s important to develop a support system. It is not weakness to ask for help from others during difficult times.

Support systems come in may forms. You can build a team within your business that you can rely on to solve problems as they arise, or you can even create an external board of advisors.

You can seek out mentors who can help guide you at various crossroads in your business, or you can build a network of other entrepreneurs who may have experienced similar challenges.

Finally, never underestimate the importance of staying close to your family and friends. In many cases, true family and friends loved you before you started your business, and even if you don’t succeed, they’ll still be there for you.

3. Quit the 24/7/365 mentality

The hustle 24/7/365 mentality may work for some people, but taking time to recharge is healthy for your mind, body, soul and business. Whether that means taking a vacation or a day off, don’t feel guilty about taking time to reset.

Always remember that you are the most important asset in your business, and if you don’t take care of yourself, you create a massive risk for your business in the form of burnout.

To prevent burnout, take time to do things that you love other than working on your business. You can work out, eat healthy, spend time with family and friends, and more. You will likely notice that you feel more creative and motivated once you return to work.

“Take care of your body. It’s the only place you have to live.” – Jim Rohn

4. Learn to love failure as much as you love success

The fear of failure is enough to keep most entrepreneurs up at night, but the fact is that almost all of the entrepreneurs that society looks up to today have failed several times before achieving the success that they are now renowned for.

Failure is not the opposite of success, it is the stepping stone towards success, so you need to learn to embrace it.

Read up on your favorite entrepreneurs to see what their journey to success looked like. Know that if you fail, you can and should get back up and try again. See your short-term failures as learning lessons instead of obstacles and grow from them. This builds mental resilience, which is fundamental to long-term success.

Conclusion

Entrepreneurial anxiety is common, and there’s nothing wrong with feeling nervous about your business venture, regardless of which stage your business might be in. You can, however, take measures to help manage or overcome entrepreneurial anxiety.

Cultivating your mindset to embrace failure, not comparing yourself to other entrepreneurs, knowing the difference between your net-worth and self-worth, and maintaining at least some work-life balance can help establish the mental resilience you need to succeed.

Which one of these 4 ways resonated most with you and why?

Sania Khiljee is a serial entrepreneur and social media expert that has been featured in Forbes, Entrepreneur, Inc, Huffington Post, and more. Sania is the co-owner of a private school Kids R Kids in Katy, TX and is the founder of a subscription box called Bumble Brain Box, which she sold in 2017. She also owns Losers to Legends, which is a social media agency and training company. Losers to Legends started as a motivational movement on social media and has grown to over 1.4 million followers. Her blog saniakhiljee.com also covers topics such as motivation, entrepreneurship, and social media.

Advertisement
1 Comment

1 Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Entrepreneurs

6 Things to Do Before Starting a Business

Your journey as an entrepreneur will be unpredictable, but with the right tools and mindset, the possibilities are endless

Published

on

How to start a business
Image Credit: Midjourney

Starting up a business can be a bold yet rewarding venture. However, it does not happen overnight. It takes determined planning, continuous learning, and a strong commitment to your vision. (more…)

Continue Reading

Entrepreneurs

Best Practices for Businesses to Manage Their Data Safely and Securely

Regardless of what you do with your data you need to have some sort of strategy as to how you’re going to manage and protect it

Published

on

managing your data
Image Credit: Midjourney

Any modern business knows that data is king. Regardless of what you do with your data (track customer orders, store financial records, maintain employee data, etc.), you need to have some sort of strategy as to how you’re going to manage and protect it. (more…)

Continue Reading

Entrepreneurs

5 Smart Financial Moves Every Entrepreneur Should Consider

Strategic financial planning is the key to making your hard-earned money grow

Published

on

finance tips for entrepreneurs
Image Credit: Midjourney

As an entrepreneur, managing your business finances can sometimes feel like a full-time job on top of everything else. But if you want to truly secure your future and build wealth, you have to think beyond the day-to-day operations of your business. (more…)

Continue Reading

Entrepreneurs

How Entrepreneurs Can Cultivate Courage and Use It as a Superpower

Courage starts with the decision to take action, even when it’s daunting

Published

on

cultivating courage
Image Credit: Midjourney

“You can become a hero.” – Izuku Midoriya (Deku)

Entrepreneurial Take: This simple yet powerful statement embodies the courage to start. No matter your background, you can take the leap to build something extraordinary. (more…)

Continue Reading

Trending