4 Ways to Cope with Stress and Anxiety as a Family Business Owner
As a family business owner, you have a lot on your plate. You are responsible for everything from marketing and sales to accounting and customer service. It’s no wonder that so many family business owners feel stressed and anxious much of the time.
In this blog post, we will discuss four ways that you can cope with stress and anxiety in order to maintain your productivity and, most importantly, your sanity.
#1 – Identify What’s Really Causing It
They say that the first step to solving a problem is to admit that you have one, so the first step to coping with stress or anxiety is to identify the cause.
It could be that you’re always busy and there never seem to be enough hours in the day. But do you really need to be doing as much as you are, or do you simply struggle to delegate and outsource tasks? A DIY attitude often does more harm than good in the long run.
Do you not have enough money, or do you just feel lost when it comes to managing your finances?
Are you constantly worried about what could go wrong, or is it that you’re taking on too much and need to learn to say ‘no’?
Whatever the answer, identifying the root cause of your stress or anxiety is the first step to managing it.
#2 – Find a Healthy Outlet
Once you know what’s causing your stress or anxiety, it’s time to find a healthy outlet for it. Just as you need to exercise your body to stay healthy, you also need to exercise your mind.
This can be done in a number of ways, but some of the most popular outlets include:
• Meditation and mindfulness
• Yoga and exercise
• Journaling
• Reading
• Spending time in nature
Choose an activity that you enjoy and that makes you feel good, then make time for it every day. It doesn’t have to be a long time – even five or ten minutes can make a difference. Getting outside is definitely a huge help, so make it part of your routine.
Remember that you need to blow off steam every now and then, just like everybody else does!
#3 – Find a Mentor
One of the best ways to cope with stress and anxiety is to find a mentor.
Sometimes it helps to talk to someone who has been through what you’re going through because they can offer advice, support, and understanding. Furthermore, having a mentor to show you the way can help you avoid making the same mistakes that they did, saving you time, money and stress.
A mentor can be anyone from a family member or business buddy to an accountant or financial advisory. Here at Satori Accounting, our CEO Kieran is also a certified NLP Practitioner and is qualified to help you work through your own challenges with stress and anxiety.
The important thing is that you feel comfortable talking to them about your worries, and that they are willing and able to offer helpful advice.
#4 – Turn to Your Team
Finally, don’t forget that you’re not alone in this. Many family business owners feel the same way as you do, so turn to your team for support. You might be surprised at how understanding and helpful they can be.
Your team is there to help you, so delegate tasks, ask for advice, and lean on them when you need to. It will make running your family business a lot easier, and it will help you to stay sane in the process!
Final Thoughts
We hope that these tips have been helpful. Remember, you are not alone in this – many people struggle with stress and anxiety. But by following these tips, you can learn to cope with it in a healthy and productive way.