There are several areas an entrepreneur needs to shred for getting a better position in the game before the risk itself devours him whole. The entrepreneurial spirit must be kept alive and the fire kindled from time to time so doesn’t die out of hope and exhaustion. If you’re too cocky to say yes almost every time to catch the opportunity train, you have a serious “Burnout” risk.
What Causes Burnout?
Meltdowns are a direct result from lack of composure and firm footing. Having a dull edge at chances and no homework whatsoever is bound to eroding what’s left of the abilities within the broken soul of the entrepreneur. According to research 50% of small businesses fail within the first year. Keeping your edge razor sharp will make you bent on avoiding any burnouts you are so very afraid to fall in.
Entrepreneurs same as you are cut from the same cloth with similar chances and choices and believing one is gifted and the other doomed in peril is utter wish-wash rubbish. Surveys suggest that 40% of small business are making profits, so it’s nothing to be afraid of, but what about the remaining?
1. Always welcome Opinions
If you’re too much of egotistical thicko’ then there is no cure, but being not, you are entitled to fair use of your brain same as everyone!
People who have actually suffered survived entrepreneurial burnouts are alive. Some of their chronicles are on the internet where as others are just looking for someone to ask for a veteran advice. Seek them out and study them. Shrug off that knightly attitude and make your own pace by implementing expert advice. Learn from their mistakes before you learn it the hard way.
2. Inspiration is Your New Diet
A smart entrepreneur keeps himself surrounded with inspiration same as a fish keep itself surrounded with water, not just to live but to survive. If you have the liberty to set out your own team make sure you don’t pick the textbook kind. Hire the open minded and contributing folk who keep circulating a flow of genuine and out of the box ideas. This not only helps break the ice between you and the employees, but also gives you regular dose of productive debates.
3. Take 5! And Eat Healthy
In more clearers words, get a life pal. You need not glue your back to your chair and spend countless hours working on some new idea at the cost of your ability to enjoy life. Take your family out for dinner, get your friends together or even draw some doodles on a boogie board. Long story short, cut some slack for the sake of you.
Secondly, eating a healthy and balanced diet is the most underrated remedy for burnout paranoia. Keeping your body from the nutrition it needs is religiously, ethically and professionally condemned throughout the world. Making yourself frail and weak not only undermines your potential to work on a higher spectrum, but also signals your weakness to other competitors hungry for blood.
4. Tracking your Progress
This is another crucial aspect that inhibits the progress of an entrepreneurial expedition. What happens when you remain adrift like a plastic bag? It’s pretty much obvious that you lose track from where you begin. Once you are set afoot to in the business environment your must endure, better yet persevere, but most importantly remember your ideals and motives that pioneered your thoughts into action. Keep a thorough track from where you started and where you are trying to head. Make small but executive decisions so that a trail can be formed.
5. Do not Drown in Expectations
“When you have expectation you are setting yourself up for disappointment”. Well, we can’t entirely agree with Ryan Reynolds here, but you do get the point.
You cannot simply expect to a raise a billion by the end of the year with your entrepreneurial blue prints and sit tight while everything falls as you planned. There is no such ideology that can be mechanized into empirical results. Ask Communism, it will testify! Burnouts can be avoided, but in no circumstances you are impervious. To keep yourself in the green zone, set the optimal expectations you can achieve backed by study and research that can vouch for your progress.
To make yourself the manifestation of the ideal entrepreneur, you must gather the right amount of energy and motivation to free yourself from the shackles of fear and risk taking. Get yourself up in the business, willing to take risk. For example, you may start your online auction business very easily through Magento Auction. A famous saying from the liberator of the Sub-Continent (Old India), Muhammad Ali Jinnah says it all:
I do not believe in taking right decisions,
I take decisions and make them right!
Simon Walker is an experienced PHP Developer having expertise in Magento, PrestaShop & WordPress Development and currently working for FMEExtensions and FMEAddons. He blogs regularly on ecommerce tips and tricks, PHP Development and social media. He led to the development of top Extensions like Magento PopUP and Magento Out of Stock Notification. He lives in Austin, Texas and currently working as a E-commerce consultant.