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
Woodstock Chicago limo .. Lockport Chicago limo O’HareThe day care industry is expanding. There are now more... Read More
When a regulator finds a target to go after to... Read More
KEEPING INTEREST HIGH: Supervision is key to the success of... Read More
Security Professionals provide the products and services necessary to create... Read More
If you are a small business and qualify to participate... Read More
Do you have a Business Plan? Congratulations, but you are... Read More
If you're starting your own business or currently work for... Read More
The Boston suburbs seem to be rich with possible locations... Read More
When deciding to host a fundraiser for your company or... Read More
All legitimate home business entrepreneurs insist and announce loud and... Read More
What's your job profitability? I meet with business owners every... Read More
It appears the mini-blimp indoor theme and concept is making... Read More
1. Resolve to build a consistent network system.Since referrals are... Read More
As you may already know, asphalt paved parking lots do... Read More
I recently met with a very successful magazine publisher who... Read More
Running a business, whether large, small or in your home,... Read More
In the world today, many people are further in debt... Read More
To maximum potential profits and dollars in a mobile washing... Read More
THE PSYCHOLOGY OF PRICINGIn case you hadn't noticed, people can... Read More
In general, all of us know how to accomplish the... Read More
Most smart entrepreneurs and all large corporations have Employee Relations... Read More
Let me get right to the point. The single most... Read More
What kinds of things effect mobile service businesses P and... Read More
Most businesses accept checks as form of payment for goods... Read More
Here are some sound debt collection techniques that can be... Read More
Round Lake Beach travel from O'Hare ..Here are some useful tips on how to select a... Read More
In franchising an individual desirous of their own business will... Read More
10 Best Practices to consider as your SBIR negotiations approach... Read More
The air in my client's office nearly crackled with her... Read More
Think of all of your business ideas as tiny seeds... Read More
Treat your business as a serious, full-time business and be... Read More
Many times small businesses want to expand their businesses and... Read More
E-mail and Internet use are integral parts of the typical... Read More
The single most important activity you can do in your... Read More
Pressure washing companies must look for customers in the retail... Read More
The stock market is still on a wild roller coaster... Read More
You're pretty proud of yourself! After all, only four months... Read More
Let me get right to the point. The single most... Read More
As the owner or an employee of a small-to medium-sized... Read More
We have all seen the mobile washing units cruising our... Read More
Owning a business is a challenging endeavor. If you're like... Read More
Unfortunately for all buyers, each selling organization and their individual... Read More
Your business account comes with an ATM, Debit card. Pick... Read More
Small businesses need Public Relations, possibly more than large corporations,... Read More
Deciding to start your own franchise is just one of... Read More
This morning, I went to take a short walk outside.... Read More
If you discovered the bottom line in your business depended... Read More
A career coach could be simply defined your job seeking... Read More
There is much competition in the mobile auto detailing business.... Read More
A reader of one of my online sessions asked should... Read More
Small Business |