How To Have a Stress Free Business Launch
Let’s face it, the last thing you want to do now that you’ve decided to finally leave the 9 to 5 job is to add more stress to your life. Isn’t that why you decided to build your own business in the first place? You’re looking for a stress free lifestyle where your boss, colleagues and the limitations of your old job are things of the past.
But if you’re trading all that in for a different kind of stress, what have you really gained? Before you kiss your desk goodbye, be sure you first build a solid foundation—and I don’t just mean business-wise.
Build a Financial Safety Net
Nothing stresses us out quite like worrying about money. Whether you’re concerned about those University tuition fees you’ll be facing in a few years, or worse, not sure how you’re going to pay the mortgage, it’s easy to lose your business mojo. As a new business owner, you certainly don’t want money trouble casting a shadow over your entrepreneurial dream.
Before you hand in your resignation, set aside some cash in case of a rainy day. Aim for at least three months of living expenses but more is definitely better. Hopefully you won’t need it but having some cash on hand will definitely relieve the pressure of having a new business that’s not earning its keep—yet.
Make Sure Your Family is on Board
Money troubles are bad, but there may be one thing that’s worse: an unsupportive partner. And as any entrepreneur will tell you, not everyone understands the drive to be a business owner. In fact, most people find it pretty scary to step away from your regular income to chase after a dream.
If that sounds like your husband (or wife) don’t take it personally. They’re not making a statement about your ability. More than likely, they’re just worried about what the future holds. Do your best to understand where they’re coming from, and be sure to explain your ideas clearly, why you are confident it will work, and how you plan to cover the start up expenses and manage the risk.
If he or she is still not on board, consider starting slow, with a part-time business while still doing your day job. That will give you the opportunity to prove your idea is workable, and might just help your partner get as excited about it as you are.
Make Time for YOU
No matter what’s going on with your money, your partner or your business, you need to be sure to schedule some “you” time. No one can work all the time, regardless of how driven you are. And no one can stay stress free while maintaining a nonstop schedule. Go for a walk, the gym, get a pedicure, or just binge watch your favourite guilty pleasure TV. The point is simply to take time away from your desk to rest and rejuvenate. Without it, you’ll soon find yourself overwhelmed and stressed, even if you truly love your new business.
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