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
scheduled maid service Northbrook ..Service Cleaning Businesses must maintain their equipment in order to... Read More
Many smaller businesses choose niche markets for various reasons and... Read More
Approximately 200,000 new businesses are started each year. More people... Read More
What is the satisfaction & expectation review of the business... Read More
Sometimes the simple businesses are the ones, which make good... Read More
Anyone in business today realizes both the natural dependency on... Read More
In the 2003 Auto Laundry News Survey it was determined... Read More
Car wash businesses are unique to other businesses. In fact... Read More
Think of all of your business ideas as tiny seeds... Read More
Do you promote yourself as offering prompt, reliable and quality... Read More
At first glance, this topic may seem a little repetitive,... Read More
Having a successful business means also having a good working... Read More
Send handwritten notes. That applies whether you're a guy or... Read More
There are several well-known truck washes in the Great State... Read More
This morning, I went to take a short walk outside.... Read More
No matter type of business you operate you've got to... Read More
One of the best marketing strategies a business or organization... Read More
You've been meaning to tend to the administration part of... Read More
You can't imagine how many people ask me how I... Read More
The easiest way to lift profits is to cut the... Read More
Most small businesses incorporated in 2005 will fail by the... Read More
The choice to incorporate a small business in Florida has... Read More
Don't let your customer satisfaction research initiative collect dust on... Read More
As a successful small business owner,you're accustomed to long hours;... Read More
The following are six essential skills to business success. You... Read More
reliable maid service Highland Park ..It is most fascinating to study how entrepreneurs spot opportunity... Read More
Deciding to start your own franchise is just one of... Read More
Microfiber cleaning towels have been around for about ten years... Read More
Would it help you as a real estate investor to... Read More
Experts urge small business owners to "brand" their business ?... Read More
Many job applicants want a job but often do not... Read More
Not sure how to start a small business? This guide... Read More
In this paper, I will:1. provide a framework for creating... Read More
If a customer owes your local business money, it's hard... Read More
North County San Diego has had some significant growth, and... Read More
Most folks in the pressure washing business are happier to... Read More
As an entrepreneur you can learn a lot by following... Read More
Discover How Specialized Cost Containment Creates A New Win-Win Position... Read More
Car Wash Crime in the Hood. Apparently not everyone is... Read More
There are many little details that go into making sure... Read More
It's a commonly quoted statistic: 80% of all small businesses... Read More
Cash is King?That is what everyone tells us and it... Read More
Home based travel businesses are no longer the wave of... Read More
Washing manufactured homes, mobile homes, can be a lucrative and... Read More
You're a small business owner with a hot new product... Read More
Just a few years ago, when one thought of a... Read More
Too often in business we get trapped into reviewing our... Read More
A cherished business doctrine is that growth must be a... Read More
-- The One Pager Shortcut Series --People do business with... Read More
If you own a mobile truck washing, pressure washing or... Read More
Small Business |