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
best cleaning company Lincolnshire ..How careful are you with the data you collect from... Read More
If you're looking for start-up capital for your business, but... Read More
I believe the number one reason why a business will... Read More
No matter how small your small business is, it is... Read More
As you may know, there are many ways to incorporate... Read More
The FTC- Mighty Federal Trade Commission has unilaterally decided to... Read More
The Dynamics of Daylight Savings Time changes the way we... Read More
Starting a business? For many people, the bravery to venture... Read More
Many small business startups fail within the first 2 years... Read More
When pressure washing heavy equipment each piece of equipment has... Read More
Every employee would like to earn as high a salary... Read More
To get approval for your small business loan application, you... Read More
If you're like me, you love accounting. It's so fascinating... Read More
At first glance, this topic may seem a little repetitive,... Read More
Should you buy a business opportunity or Franchise if you... Read More
I ran a franchise company for many years, a car... Read More
Due to the over regulation in the Franchising Industry and... Read More
As you may already know, asphalt paved parking lots do... Read More
You make the decision to go into business and for... Read More
A lot of business owners I've spoken with lately have... Read More
Aircraft Interiors of personal and corporate jets have hundreds of... Read More
If you own a mobile service or home based franchise... Read More
Today required franchise disclosure documents are over 200 pages generally.... Read More
I was floored! I couldn't believe what they were saying!... Read More
Yes, that IS security when nobody can downsize you because... Read More
on demand house cleaning Lake Forest ..You may be in Mail Order, Direct Mail, or you... Read More
You've come up with the best idea since sliced bread,... Read More
E-mail and Internet use are integral parts of the typical... Read More
You've heard it before; we're living in an information age.... Read More
Your on-line success is based on your efforts and yours... Read More
Many experienced auto detailing professionals who have started out using... Read More
One of the most common horrific mistakes a business can... Read More
Costs of over regulation and over disclosure end up hurting... Read More
It's Monday morning and Connie the Consultant sits in her... Read More
Many smaller businesses choose niche markets for various reasons and... Read More
Hew Hampshire car wash market. Well we have visited every... Read More
Looking for ways to boost your cash flow? As a... Read More
Not sure how to start a small business? This guide... Read More
Hi, Charles...here, Your Cap and t-shirt guy From Texas. How... Read More
Senior citizens are generally not a large marketing segment for... Read More
Office support services can range from basic data entry to... Read More
Debt collection letters--an overview"Debt collection letter" in the singular may... Read More
When we speak of branding most of the time people... Read More
A janitorial cleaning service is one of the best businesses... Read More
Mobile detailers will find themselves with lots of competition even... Read More
One of the first things you will need to set... Read More
Every company has business pain, but the pain does not... Read More
Search Engines account for almost 90% of all web traffic!In... Read More
How many hours do you work a week? When was... Read More
In many industries, image is one of the last things... Read More
Small Business |