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Building a solid startup

Posted on July 4, 2018 by admin

It is no secret that most startups will fail in their first three years of operation, so building a new business that can not only survive but thrive in the face of a challenge is of the utmost importance.

Ensuring your business is strong enough to move past any inevitable hitches that come its way can be achieved by improving the foundations.

Consider these ideas.

It’s all about teamwork
For a business to survive any disaster, it will first need a motivated team that can work well under stress and are eager to take on challenges. Your team must work in sync with each other. Completing projects must be considered a team effort to create a sense of unity in the workplace.

The perfect partnership
Going into business with another individual might work well for you. They can pull you up when you are feeling tired or down and make the role at the top not so lonely.

However, finding the right individual for the job is essential. Choosing a business partner who shares the same values and vision for the business as you ensures you will both remain on the same page when dealing with any setbacks.

Preparing for failure
You certainly can not plan for every mishap that comes your way, so you and your team should plan for any foreseeable disasters should they ever occur.

Perseverance is key
There will always be situations in which you and your team have not prepared for. In these instances, it will take determination, creativity and hard work. Your team must see this as a challenge to overcome rather than a disaster zone.

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Small businesses and mental health

Posted on October 21, 2020 by admin

Owning and running a small business often means that you are responsible for most or all of the tasks that need to be completed. Often, owners will find their time being entirely occupied with their business. This can take a toll on their mental health and cause work related stress. Which not only inhibits one’s ability to complete the duties of their role, but also puts them at greater risk of developing mental health conditions.

Keeping work hours in check

Although it is tempting to focus on your business at all times, this can prevent individuals from participating in other activities which are important for physical and mental health. Business owners may feel motivated and enthusiastic to put extra time into their work, however, long work hours have been associated with poorer mental health, fatigue, burnout, worry, and irritability.

Creating a work life balance by setting time limits on work hours might be a necessary precaution at the start. Taking breaks during the work day and setting time aside during the week will be extremely beneficial.

Accessing support

Running a small business can often be isolating as there is rarely someone to share concerns of the business with. This will mean that owners are dealing with all of the issues on their own.

Discussing issues that arise with family or close friends can help reduce the feeling of being isolated. Alternatively, there are groups of small business owners who, and business mentors who may be able to understand and relate to what owners are experiencing, and potentially provide relevant advice.

Maintaining a healthy lifestyle

A healthy lifestyle can help individuals manage stress and work towards improved mental health. This will also improve the ability to focus and concentrate when working.

Developing good sleeping habits is a great way to kickstart this process. It can also be helpful to try different relaxation techniques such as meditation and exercise is an important start. Remember that this is a trial process, so trying different techniques to find the most effective one is essential.

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