I meet and talk to hundreds and hundreds of business owners every year and do you know what I've discovered? Virtually all of them are regularly suffering from stress.
It dawned on me while running a seminar one day... stress is caused by pressure. Isaac Newton's Second Law of Motion says for every action there is an equal and opposite reaction. That means in order for there to be pressure there must be resistance. Its impossible to expert pressure on something unless there is resistance.
So in order for you to feel pressure (and hence stress) there must be something you are resisting.
And when you feel stressed you can also feel like you're under pressure.
So here's the magic solution to removing stress.
Find out what or where you are resisting.
That may be easier said than done however, so I'll give you some examples.
Often business owners feel financial stress... with too much month at the end of the money. So what may cause this cause of stress? Lack of action to change their financial situation. If the business owner was to learn more about their key performance indicators (KPI's) they could see where they could improve simply by accurate and detailed measuring.
Once they have measured many of their numbers in marketing and production (or distribution) they can begin to try new ideas to improve their situation.
Let's face it; you can't do nothing when you feel stressed.
That's called resisting change. You must DO Something! Find a way to make some changes. Otherwise the pressure will continue to be there and even increase more over time.
Business owners often resist getting an education on sales, marketing or measuring systems and as a result they often don't know enough about the performance of their business by looking at the KPI numbers.
They don't know how many customers that are buying from them in a week. They don't know what their ability to produce work is in regards to how many customers they service in a week and they don't know if they are making a profit or not each day or week. As a result they stress because of the huge amount of unknown variables.
What you resist persists. But what you look at disappears. If you face your challenges and see where the cause of your stress lies, the problem disappears. If you don't it will keep on persisting.
Learn your business KPI's and you'll understand exactly where you need to focus your time every week to "work on" your business. Then you'll find yourself proactively solving problems, even before they appear. Then you'll rarely if ever feel stressed again.
I've found it's less stressful to grow a business fast than it is slowly. When you're growing fast you can only do so with application of information and by understanding your growth numbers.
While if you're not growing you're often not improving, that's where pressure comes from, stagnation. A rolling stone gathers no moss they say and a growing business has less stagnation and hence resistance.
Keep changing and you'll rarely be standing still long enough for pressure to build. Imagine what your life in business could be like if you never felt stressed again, only excitement.
You can do it!
Tim Stokes is one of the best business builders in Australia and possibly the world. He has a unique ability to generate dozens of profit generating ideas in very little time.
His knowledge on setting up KPI's is extroardinary with many accoutants wanting to work with him to understand how to measure.
To find out more about Tim, his amazing results and his extraordinary ability to find ways to measure go to http://www.bbms.com.au
move in cleaning service Mundelein ..You bet a name is important. Many small business owners... Read More
You can make your trade show experience much easier by... Read More
Hew Hampshire car wash market. Well we have visited every... Read More
We love Wichita because it has great all round weather... Read More
You've come up with the best idea since sliced bread,... Read More
As small business owners we're in business to make money... Read More
Mr/Ms, 'not me' is often on holidays in your business.... Read More
KEEPING INTEREST HIGH: Supervision is key to the success of... Read More
We all know how glorious those first warm days of... Read More
Many physical therapists in private practice have the appearance of... Read More
If you're an entrepreneur responsible for your own small business... Read More
The resume writing service serves an important role in the... Read More
If you've been considering incorporating your small business, you've probably... Read More
You are probably hard at work promoting your business (and... Read More
You may find this Newsletter a little long winded but... Read More
Mobile carwashing is hard work, it is tough on the... Read More
Do you own a franchised business? Over 400,000 franchised businesses... Read More
Once you've decided to incorporate your small business the next... Read More
As a specialist in getting restaurants open, it is surprising... Read More
What will your business look like a year from today?If... Read More
If you're looking for start-up capital for your business, but... Read More
Treat your business as a serious, full-time business and be... Read More
1. Leadership Is Learned ? While many people appear to... Read More
I love lists. I make them for everything. And I'm... Read More
If you want to start a business in 2005, and... Read More
insured cleaning company Highland Park ..A successful joint venture marketing effort is the goal of... Read More
Many government department heads are on the take. Oh they'll... Read More
As you reflect on this year and prepare for next... Read More
In my 18 years of consulting I have heard it... Read More
Continuing from the second article:6. About the aground mathematical model,... Read More
The story is told of a tiger chasing some goats... Read More
(Although this article is geared towards small business owners, the... Read More
The stock market is still on a wild roller coaster... Read More
Before you start a business we encourage you to prepare... Read More
If you are a motorcycle detailer and need to expand... Read More
Database Problems in MarketingI have been working on a direct... Read More
Small business success is very similar to learning to walk,... Read More
If you're like me, you love accounting. It's so fascinating... Read More
No matter your age or station in life, we all... Read More
Early in my career, I wrote an article for a... Read More
Why are we over regulation the franchising industry, what purpose... Read More
KEEPING INTEREST HIGH: Supervision is key to the success of... Read More
Costs of over regulation and over disclosure end up hurting... Read More
Until the day I learned to play chess I loved... Read More
Every business plan book tells you how the Executive Summary... Read More
Hi, Charles...here, Your Cap and t-shirt guy From Texas. How... Read More
When is the Chamber ideal for your business?Joining a Chamber... Read More
In general, all of us know how to accomplish the... Read More
Everyone wants to succeed in life. Most people want to... Read More
Sometimes the simple businesses are the ones, which make good... Read More
Small Business |