Managing Director of Gold Vibes and serial entrepreneur, Jake McCall, has recently been urging entrepreneurs to stop sabotaging their success through unnecessary stress.
Phrases such as ‘high-pressure environment’, and ‘entrepreneurship is an incredibly stressful job’, are often thrown about and interchanged, but it’s important to understand the difference between the two. Entrepreneurs often find ways to sabotage themselves with the both of them.
A world-renowned psychologist called Hendre Weisinger PhD has summarised the difference between pressure and stress which suggests pressure stems from those situations where you feel something at stake is dependent on your performance. Stress on the other hand builds when there are too many demands, but not enough time, money or other necessary resources.
By identifying how pressures can turn into stress, entrepreneurs and business owners can stop hampering their success. They can change these ‘negatives’ into positives and help to lead a healthy and more productive life and business. Gold Vibes believe that entrepreneurs are often stressed out through a number of issues.
Firstly, a perceived lack of time. With looming deadlines, returning calls, client meetings the list can often seem overwhelming. With schedules organised down to the exact minute, the only aspect that’s keeping you sane is the ability to finish on time.
The above are examples of unavailable pressures. When an individual feels like their life is a series of organised chaotic episodes – this is bound to cause stress. There are only 24 hours in a day if every minute of every day is spent trying to squeeze every last drop of life out, firstly this is going to cause angst at not being able to get everything done, but its also going to cause people to burnout.
The obvious answer to combatting this is the effective use of time management. It allows for people to get more done in less time. Create a list putting priorities in order, ranking them in order of the most urgent and pressing tasks and assign a number based on importance.
Secondly, it’s important to understand that sometimes you can not go the extra mile. Letting other subordinates know that you don’t have time to complete a task in a polite and honest manner can empower them to build their own skills and strengths. This can often make them stronger as individuals that they’re less reliant on their boss to get work done.
McCall stated: “As an entrepreneur or business owner, people often have to wear many different hats at once; they have to be the CMO, CFO and CEO all at once. That in itself can be incredibly stressful, the life of an entrepreneur is not as glorified as its portrayed in mainstream media. It takes a lot of effort and time in order to make sure the business is going in the right direction; sometimes you need to be selfish in order to achieve as harsh as it seems.”