Tactful Ways to Eliminate Stress as a Business Owner
As a business owner, a lot falls on your plate. And in some cases, you’re responsible for just about everything. Over time, this pressure can mount – leading to uncontrollable stress and anxiety. Ultimately, this weighs on your physical and mental health, leaving you a shell of the person you are. Thankfully, there are ways to reduce stress and rediscover your life.
What is Stress?
Stress often gets a bad rap, as a whole. However, it’s actually a very natural and necessary biological mechanism that helps people respond to pressure or threats. We experience stress when something happens that we feel we can’t manage or control.
Historically, in the context of our human evolution, stress was used to help people “fight” or “flight.” In other words, it’s a built-in warning mechanism that gives the human body the resources (adrenaline and mental acuity) needed to confront a threat head-on or to run away and avoid it.
The problem is that, over time, our body’s stress system has become overloaded with perceived threats – even when they technically aren’t serious in nature. The result? A low-grade chronic stress that characterizes our lives.
“Sometimes, a small amount of stress can help us to complete tasks and feel more energized. But stress can become a problem when it lasts for a long time or is very intense,” Mind.org explains. “In some cases, stress can affect our physical and mental health.”
As a business owner, chronic stress is a very real problem. Sure, there are peaks and valleys, but it’s almost always there. It’s rare that a business owner feels no stress. This is highly problematic.
Strategies for Reducing Stress
Managing stress is something we can all do better with. Here are several helpful strategies that you may find useful as you tackle this issue:
1. Learn to Delegate & Elevate
You don’t have to bear the full weight of your business on your shoulders. That’s too much for any one person to handle. If you’re trying to do everything on your own, you’re always going to be stressed. One of the first keys to reducing stress is to learn how to delegate tasks within your business.
Do you want to know the cold, hard truth? Roughly 99 percent of the tasks you do on a daily basis can be replicated by someone else for faster, better results. If that hurts your ego a little bit, you’re not alone. Every successful business owner has a moment of realization where it’s clear that there’s nothing special about their individual skills. In almost every case, they’re replicable. The sooner you realize this, the faster you can relinquish control through delegation.
The key to successful delegation isn’t just to free up your time. It’s to actually elevate your business in the process. That’s what we mean by delegate and elevate.
For example, let’s say your business is a real estate investment company where you own commercial properties. Sure, you could do the property management yourself and lower your monthly expenses. But are you actually maximizing your income?
By hiring a property management company, you can increase the value of the property, raise rent, and drive more cash flow. Plus, there’s the added bonus: less stress.
2. Prioritize Self-Care
Don’t underestimate the importance of self-care. You should be doing things outside of work that put your mental and physical health first. This includes eating well, exercising regularly, and finding short breaks where you can recharge throughout the day.
Along these same lines, balance is something that must be a focus. Create boundaries between your business and work life where you’re able to completely shut off your “work mode.” Again, this is where delegation comes into play. You might not be in a position at the moment where you can shut off. But once you have delegation in place, it frees you up to take off weekends – or even go on vacation – without having to be glued to your computer.
3. Find Professional Support
Sometimes the stress and anxiety runs so deep that you can’t just “snap out of it.” In these cases, you’ll want to seek out professional support. There are therapists and counselors who specialize in stress management. Work with them to address the core issues driving your chronic sense of overwhelm!
Setting Yourself Up for Success
While stress is an inherent part of being a business owner, it doesn't have to dominate your life. By recognizing the signs of stress and implementing these strategies, you can proactively eliminate stress and pave the way for a healthier and more successful journey as a business owner. Prioritize your well-being, and watch your business thrive as a result!