Connect with us

Entrepreneurs

4 Ways to Overcome Entrepreneurial Anxiety

Avatar

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

  1. Avatar

    Gabriel Cosmin

    Nov 21, 2018 at 7:12 pm

    Hey!I think your article is amazing! Indeed comparing ourself to others can give anxiety especially if you think that you are a failure just because you don’t have an expensive car or house like others.

Leave a Reply

Your email address will not be published.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

Entrepreneurs

An Open Letter to Aspiring Entrepreneurs

Avatar

Published

on

Image Credit: Unsplash

Trust me, I know where you’re at. You’ve been sick and tired of doing something you don’t enjoy and you know that you have a greater purpose. Whatever your passion is, it’s calling you in. You envision what it will feel like when you achieve some of your goals and buy your dream car that you’ve always wanted. Not just that but the woman of your dreams and the “life” that you aspire to have one day is so real in your dreams, that you almost think its reality. Then you wake up. (more…)

Continue Reading

Entrepreneurs

Why Entrepreneurs Need to Stand Up and Change the World

Avatar

Published

on

Image Credit: Unsplash

“Wer will dass die Welt so bleibt, will nicht dass sie bleibt.” was said by Erich Fried. Translation – If you want the world to remain as it is, then you don’t want the world to remain at all.

The first time I came across this quote was a few years ago on the Berlin Wall. It is from the 1981 book, Lebenschatten, by German poet, Erich Fried. And while the Berlin Wall was still to remain for another eight years after the book was published, almost forty years later, this quote is completely relevant in almost every situation. (more…)

Continue Reading

Entrepreneurs

How to Turn Your Failed Customer Pitches Into a Breakthrough Success

Avatar

Published

on

Image Credit: Unsplash

What if there was a way to turn 100% of prospect meetings into raving successes? What if you no longer dreaded them, but looked forward to them every time? (more…)

Continue Reading

Entrepreneurs

11 of the Best Podcasts to Help Women Entrepreneurs Grow Their Businesses

Avatar

Published

on

Image Credit: Unsplash

Being a woman entrepreneur can be lonely in this traditionally male-dominated field. While the overall business knowledge is the same, the specific struggles that women entrepreneurs face is different than their male-counterparts. (more…)

Continue Reading

Trending