4 Common Causes of Stress for Business Owners

Business owners are sometimes held up as an example of “well put together, successful people” by wider society, but there’s nothing that says business owners don’t also suffer from the same strains and stresses as everyone else. Indeed, when they have so much on their plate, it’s a wonder that more entrepreneurs aren’t feeling the strain. Below, we take a look at some of the common causes of stress for the people who run a business, and what you can do to ease the pressure.

 

Trying to Have Too Much Control

 

You started the company. It was your idea, and you had a vision for where you’d like to go in the future. Yet, while you could control more or less everything in the early days, the percentage of “control” quickly begins to slip once you move beyond the “garage company” and into the wider world. Simply put, because outside in the real world there are so many things that can have an effect, so many variables to consider. At some point, you’ll have to accept that while you can guide the ship, you can’t do anything about the waves and weather. All you can do is respond to whatever they’re doing.

 

Poor Employees

 

It’s not easy finding good employees, and that’s why you need to start your search for a worker well in advance of when you need them. A poor employee won’t just cause you stress – it’ll hurt the company. It’s expensive to hire, train, and then replace a worker who isn’t up to the job, and their poor performance can bring down the standards of your other employees, too. Best to hire correctly the first time around. Develop a robust hiring policy, and always make sure a prospective employee fits in with your overall company culture before offering a job.

 

Too Much Work

 

Of course, if you’re a small company, then you won’t be able to hire a person for each individual task. And that sometimes means that you end up taking on more responsibility than you’d like – or should assume. Instead of trying to bluff your way through tasks, it’s better to outsource some of your tasks so that you can focus on your strengths. Managed IT services, or an offsite accountant, or a social media manager, amongst others, will relieve you of some the stress of having to do everything. And what’s more; the companies you hire to work with you will do a better, more professional job that you could likely do, anyway.

 

Switching Off

 

You want your company to be a success, of course, but you’ll end up doing more harm than good if you’re consistently working twelve hour days. Instead, it’s better to work a normal working day, and then completely switch off once you leave the office. You’ll be less stressed – not to mention a better worker – if you’re able to balance your working and personal life. When things get too much, feel free to take a week off – you’ll come back better and strong, really!

 

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