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Entrepreneurs

Entrepreneurs And The Self-Employed Burnout Too

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People that aren’t entrepreneurs or have never worked from home may think that it’s easy, relaxing and stress free. But they have it all wrong, as it can be even more stressful to be self-employed. It can also lead to a faster burnout rate, since you are taking on excessive amounts of work.

If you feel there is nothing you can do to escape the horrors of work, you need to look for help. Finding specialized help for your issues can be as easy as finding a specialized referral company that sorts and categorizes professional drug treatment centers based on their specialties and results. Why drug treatment? Often people suffering from burnout will self-medicate with drugs and/or alcohol. Resulting to substances is never the answer, in fact they make things much worse. Talk to someone before your burnout becomes worse and causes you to lose your company or any of your clients.

Organizing Your Work Life

The most important thing that entrepreneurs and freelancers/contract workers need to do in order to avoid burnout is to keep their work lives organized, and separate from their home lives. For those that work from home this can be very difficult to do if you don’t put some barriers into place.

Your barriers should help you separate work from home life. If you are a busy entrepreneur, don’t bring your work home with you. If you work from home, make sure that you set up a specific place to work, a home office. Keep your work in that area and don’t spread it out into the rest of your home.

You also want to treat working from home like you would any other job. Have a start time, map out time for certain projects, and get dressed in the morning before you start work. yes, many people work at home because they want the comfort of a recliner and they want to wear their pajamas all day, but if you want to be successful you need to treat it like you would any other job.

Dealing With The Burnout

Even the best laid plans sometimes go wrong. If you don’t organize your work life, have something happen that takes you away from work and causes you to fall behind, or you simply take on too much (easy to do for both entrepreneurs and full-time freelancers), burnout can set in quickly and it can really cause havoc to your home and work life.

Some of the signs that you may be on your way to a burnout include constant feelings of exhaustion, a feeling like nothing is worth it anymore, every day is overwhelming, and you often feel as though you just can’t have a good day anymore. Once you’ve realized that you are burning out you can start to do something about it.

For some people a nice vacation is all they need to get back on track, especially if burnout is a new thing for them and they only just started to feel its effects. That’s not enough for everyone, and work burnout can have some very negative side effects on overall health. It can lead to stress, which can lead to heart disease, exhaustion, and other health problems.

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Entrepreneurs

The Overworked Entrepreneur: Telltale Signs of an Executive Burnout

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It’s true that entrepreneurs and small business owners bear a brunt of the responsibility when starting a business. Unlike major corporations who have the financial backing to afford a plethora of resources and support, most small businesses and startup companies are working on a limited budget. As such, the owners work themselves into a hole trying to get the business off the ground and functioning.

While wearing several hats can be a great solution in the beginning, if you’re not careful it can spill over into your health. Many executives, entrepreneurs and small business owners have encountered a stress related illness often referred to as executive or workplace burnout.

While exhaustion might be something that is pretty easy to pinpoint, those who suffer from a workplace burnout often don’t even realize the red flags their bodies are sending their way. While a burnout can present itself in many forms including bouts of exhaustion, there are some more subliminal signs that you may not be paying attention to. As a result, the illness ends up creeping up on you causing you to feel less than yourself.

The Silent Creeper

A burnout can creep up on you when you least expect it. One day you’re a budding entrepreneur or business owner looking to beat out the competition and the next moment you’re feeling a bit depressed, you lack the motivation and willpower to succeed, and things just seem… out of place. So how does one know when they’re on the brink of an executive burnout? Here are a few signs you may want to consider:

Lack of Concentration – One of the first signs that you may be dealing with more than just the common stress of running a business is the inability to concentrate. As you can imagine your body is only capable of handling a certain amount of stress, so when you’ve reached the point where the stress levels are out of control it can cause your brain to “shut down” in a sense which causes you to lose the ability to focus properly.

Guilt – Believe it or not another sign that you’re under a lot of stress at work is the feeling of guilt. No matter how much work you accomplish you feel like there is so much more that you can do. However, because you’re physically incapable of getting to it all in one day, you begin to feel guilty for not completing the work as it needs to be done. However, the truth of the matter is that you’ve got too much on your plate and lack of concentration has ultimately slowed your ability to work productively.

Changes in Mood – One minute you’re optimistic, the next minute you’re feeling down in the dumps. Emotional changes are another red flag that you’re doing too much and need to consider enlisting some help. Frequent mood changes can eventually turn into a more serious mental illness often referred to as depression.

Social Isolation – Another sign that something is going wrong and you could be dealing with a burnout is social isolation. You become so wrapped up in feelings of depression that you don’t want to be bothered with others. You begin to withdrawal from those personally and professionally connected to you.

Increased Substance Use – Last but certainly not least is the potential for increased substance use. Whether it’s drinking more alcohol at night or doing a little pot to take the edge off, it can lead to dependency and ultimately addiction. If you’ve reached this point, you may want to consider visiting a rehab facility that specializes in executive burnout. They will be able to assist you in getting back on track and kicking your habit before it ruins your career.

If you’ve noticed any of these signs it may be crucial to consider hiring help to remove some of the pressure from your work day. While saving money is the optimum goal for entrepreneurs and business owners, it can quickly cost you your health which certainly isn’t worth it. Also, make sure that you seek help for any issues with alcohol or drug use as well as mental illness as it can escalate to something bigger. Getting the job done is certainly important, but it’s always easier when you’re in good health.

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Entrepreneurs

Make Your Business Grow By Adopting These 8 Traits Of Unstoppable Entrepreneurs

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Article Contributed by Stevens Stone

It is not easy to be an entrepreneur. You need a certain set of habits that a lot of people just do not possess. And it is not just about having good habits; a successful entrepreneur has to work twice as hard as other people to take their business to next level. Every entrepreneur is different but they have quite a lot of similar habits including some of the following:

  1. They Remain Focused On Their Goals

A business cannot succeed without focus and strong determination. Unless an entrepreneur has focus, he or she is bound to fail in almost anything that is done. Unstoppable entrepreneurs have a clear goal in mind and make sure they set out to achieve it, allowing nothing to deter them from this path.

  1. They Have Clearly Defined Schedules

Successful entrepreneurs know when to do what. They have a fixed time in the day when they wake up, and they have a fixed time when they go to sleep at night. In between, they make sure that they stick to clearly defined and fixed schedules so that nothing gets left undone at the end of the day.

  1. They Manage To Take Out Time For Themselves

Everyone needs time to recharge, and the best entrepreneurs in the world know this. They know that if you do not take out their periods of downtime, they will not be able to deliver their best.

  1. They Look Upon Their Mistakes As Opportunities For Learning

Successful entrepreneurs are not at all arrogant; they know that mistakes will happen. At the same time, instead of beating about the bush with their mistakes, they take them as opportunities to learn and do things better the next time around.

  1. They Take Out Time For Exercise

You may think that it would be hard to squeeze some exercise into a packed schedule, but that is not so. Successful entrepreneurs know that exercise gets the oxygen flowing and makes them more alert, more focused and more productive. And apart from this obvious advantage, exercise helps them stay in good shape too.

  1. They Get Proper Shut-Eye

Not getting proper sleep is a prime recipe for fatigue and burnout. No matter how packed their schedule is, entrepreneurs make sure they get their proper eight to ten hours of sleep every night, so that they are able to fully function the next day and deliver the best at work.

  1. They Are Intimately Familiar With Their Own Strengths And Weaknesses

Successful entrepreneurs know themselves in and out. They know precisely what they are capable of, and at the same time they are also aware of their own limitations. This gives them a perfect indication of what they can do themselves and what needs to be outsourced to other people. If you know your strengths and weaknesses better only then you can become a good entrepreneur and make correct decisions at the right time.

  1. They Have A Strong Appetite For Risk

There is no reward without risk and the best entrepreneurs are well aware of this. At the same time, they avoid taking big risks as much as they are in the position of taking the risks. Instead, they calculate the trade-off between risks and rewards for every decision that they make.

Most importantly, unstoppable entrepreneurs just go with the flow. They follow each market trend and decide how best to deal with it. They are on the constant lookout for new opportunities and firmly believe in striking when the iron is hot.

About the Author

Stevens Stone is an academician and a business blogger who provides assignment help to students worldwide. Moreover, he shares effective business-boosting tips to help individuals grow their business easily.

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Entrepreneurs

Tips for Moving Your Startup From Home to an Office

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When you started your company you had dreams of growth, but couldn’t actually picture them coming true. Then, they did. You experienced growth, and you brought on a few team members. You experienced more growth and saw profits start to grow. Soon, you were excited; you realized that this was it: Your startup was becoming a legitimate company.

Along with that growth and opportunity came another potentially exciting – yet stressful – endeavor: the need for office space. Suddenly your home office wasn’t cutting it; you needed a physical location with a sign out front to announce that you’ve made it. If you’re at that point, congratulations; you’ve accomplished something great. Follow the tips below to move your startup from your home to an office.

  1. Make a Plan

Like any other big step you’ve taken for your startup, moving to a physical office requires a plan. A plan ensures that you take the right steps from the beginning, that you find what you’re looking for and that everything runs smoothly, with as few surprises as possible. Your plan should include:

  • An evaluation that confirms that moving is the right decision in the first place.
  • A list of needs separated by essentials and desires.
  • Location options: Which areas would be the best fit for what you’re looking for? What do you need to be close to? How visible would you like your new office to be to the public?
  • A budget. Just because an office has everything you need doesn’t mean that you can afford it. You don’t want to stretch your budget and put your business at risk. Remember to include office necessities in your budget like furniture, new equipment and others.
  • A timeframe. When do you need to be in your new space?

Once your plan is in place, it’s time to move forward.

  1. Consider Any and All Alternatives

Even though your plan is in place, it’s best to evaluate all alternatives before making a decision and deciding it was the wrong one. In some cases, a virtual office – a location that provides a physical address through a reputable company but doesn’t actually host office space – might be a more cost-effective alternative to the more traditional office. Remove all doubt by evaluating all options from the start.

  1. Have the Right Team in Place from Day One

Even if you make 100 percent of the decisions for your company and how it moves forward, picking out office space is not a solo endeavor. Having a team in place ensures that you make the right decisions and that you can rely on the support of others to make your dream a reality. Your team members might include:

  • A Realtor. Find a Realtor that understands what you’re looking for that is familiar with office spaces.
  • A financial planner. Your planner should know where you stand and should be able to advise on your best options for finding a new space.
  • A project manager. If you need to spend the majority of your time managing your company, it’s good to have a point person to make smaller decisions and to bring larger ones to you, instead of fielding all calls alone.

Make sure that each team member provides the support you’re looking for and has a personality that you are compatible with for best results.

  1. Consider Your Goals for the Space

Today, not all offices match the “Office Space” ideal. Cubicles and corner offices are great, but that might not be what you’re looking for. Today, ideas like open concept offices are taking over, with good reason. Think about the atmosphere you hope to create in your new space and evaluate whether each office you check out has the potential to bring this to life.

  1. Make a Decision, Then Stop Looking

There’s nothing quite like a heavy dose of self-doubt. As the creator of a startup, you’re probably familiar with this concept. It’s easy to make a decision, then wonder whether or not it was truly the right one, or if you should have evaluated other options.

Your new office space is no different. It’s a big decision. Once you pick your location, it could be easy to wonder if it’s a good fit or whether you should have kept looking for something better. Put those thoughts behind you and move forward confidently. If your new space aligns with your plan and meets your budget, it’s time to look ahead.

  1. Focus on Furniture

One of the best parts of selecting a new office space is filling it with the furniture and equipment needed to take your business to the next level. Take the time to walk through your new space and to picture what each room, corner or area will be best suited for.

Need a conference room? Think about how you’d like to fill it. Going with cubicles or desks? What options will meet the needs of your employees? What about your entryway? What do you want your office guests to encounter during their first visit? Walk through all possibilities, then, equip your space accordingly. Consider working with local craftsmen to help the economy and to come up with unique, handmade options.

  1. Add Some Comfort

No one wants to work in a space that’s cold, unwelcoming or distracting. Coming up with something in between is important. Consider some of the following ways to add comfort to your office space:

  • White is no longer the go-to for office spaces. Do a little research on what each color promotes and go with the feel you’re looking for.
  • Common areas. Create a common area – near a kitchen or in a kitchen perhaps – that allows for casual conversation, coffee meetings and a true water-cooler atmosphere.
  • Quiet space. This is especially important for open offices. Giving employees a place to break away or to take private calls is critical.
  • A sound system provides a way to break up the quiet by adding music to the background of your office. This could promote focus and productivity, according to some studies.
  1. Pick Your Date

Decide when the best time to move into your space would be. Consider your current workload and schedule and plan accordingly. In most situations, it’s best to move during the evening or over a weekend to ensure that productivity isn’t negatively affected.

  1. Get Your Team Involved

Whether you currently have one employee or five, it’s important that they be involved in the move. Keep them posted with regular updates. Once you’ve chosen a space, ask for their input and allow them to make decorating decisions – within reason. The more involved your team is, the more likely they are to be as excited about the move as you are.

  1. Outline Expectations for Your New Space

A new space generally comes with new expectations. This is especially true for startups going from remote working environments to a physical location. Some of these expectations may include:

  • New schedules. When are employees expected to be at work?
  • Will you maintain a certain level of flexibility? What will that look like?
  • Will you be bringing on cleaning teams or is each employee responsible for his or her space? What other duties might be required that weren’t a question when working from home?

Moving from a home to an office is a big move for any startup. Make your move a success by implementing the tips listed above.

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Entrepreneurs

The Unexpected Question That Shook My World

The Unexpected Question That Shook My World

This is a story about an opportunity I very nearly missed. (It may have happened to you too)

It was a chance to do something exciting that I almost didn’t take.

Because of fear, low confidence and a kind of disbelief.

It was conference given by an industry I knew little about. I was the keynote. A beautiful location, nice people and great food.

The keynote was a success – everyone loved the storytelling and they could see the relevance and feel the excitement of the possibility that powerful stories create.

It was at the party on the last night of the conference. On the beach. He was tall, well-dressed and quite charming. He sought me out. Then he asked me the question that floored me.

I was taken by surprise, (I think I even blushed) I was not prepared, I didn’t even think it possible.

You see he was the CEO of a large, successful company. And he was very taken by what I had said on the conference stage.

What did he ask? Why was I shocked? Why did it change the way I saw myself, my work and my entire business?

Well, he asked if I would consider coaching him. Until that moment, I never believed that the CEO of a successful multi-national company would want ME to coach him.  I thought, if I had never been the CEO of that kind of company, well how could I possibly coach him?

It was mind-blowing.

You see, my storytelling, my expertise and my presence was what attracted him.  And when I thought about it, they are truly my strengths.

I realized, I actually don’t need HIS expertise, I need my own.

I have that, and so do you.

What I had done, without even realizing it, was tell a phenomenal story that established my credibility and illustrated my expertise and that was what had impressed him.

(and yes, I did coach him, he was the first of many clients holding titles like CEO, President, Senior VP etc. – a real breakthrough for me!)

The key to all this is the story.

I had worked for quite some time on my story.  Now it comes naturally, I don’t have to think about it.  And you can too.

Stop worrying about impressing other people, about saying the right thing, about being and sounding like other’s expect you to.

Stop following the standard marketing blueprints and scripts that have you sounding like everyone else.

Start telling your story.

That’s what people want to hear.  That’s what they remember.

Your Story is the single most powerful asset you have to explode your business and attract amazing clients.