Entrepreneurs

THE HIDDEN DARK SIDE OF BEING AN ENTREPRENEUR

Aug 5

Written By

The Daily Guru Team

Screen Shot 2018 09 17 at 8.53.09 am

The life of an entrepreneur can often appear exciting, glamorous, fulfilling and rewarding. It can seem like entrepreneurs thrive in the face of challenges, achieve incredible things and often work from home doing what they love.

However, in many cases, being an entrepreneur can take a toll. Facing challenges regularly, like cash flow problems, hiring (and firing) staff and finding work/life balance, can cause stress, anxiety and depression. Achieving incredible things may be wonderful, but it can often take plenty of hard work and sacrifice. Working from home can be isolating and lonely.

The hidden dark side to being an entrepreneur is that it can actually have a serious impact on mental health. Before you decide to become an entrepreneur, it can be important to consider if you’ll be equipped and supported enough to maintain your mental health. And, if you’re already an entrepreneur, it might be helpful to implement our protective action tips below, so you can take good care of your wellbeing.

Action Tip 1: Prioritise your wellbeing

Entrepreneurs can be at risk of experiencing depression as a result of sacrificing sleep, self-care, healthy eating and exercise in order to work longer hours. It’s true that building a business can be really tough work and does often require more time than a regular job. However, to continue working to your best ability, it’s important that you learn how to prioritise your wellbeing. Create meaningful routines which help you stay active, eat regular meals, get enough sleep and take some time off to rest. Look at which activities you do in your business which may not be crucial (such as closing social media accounts which don’t perform well) so you can make more time for yourself to engage in activities which protect you from depression.

Action Tip 2: Distinguish your personal self from your business

Sometimes, entrepreneurs can experience a low sense of self-worth because it’s tied up in the success of their business. If things are going well in their business, their self-worth soars, but when things aren’t going so well, their self-worth crashes.

It can be helpful to distinguish your personal self from your business, so you can maintain a healthy sense of self-worth, even when the business might be experiencing hard times. For example, you could remind yourself “I am not my business” or “Failure in my business does not mean that I am a failure.” You could even write these statements down and stick them up where they will remind you at important times when you may be prone to feeling low as a result of you business.

Action Tip 3: Use helpful coping mechanisms

Research has shown that entrepreneurs can be addicted to their businesses and may be driven by a need to keep going, or obsessive thoughts about their business. Unfortunately, people who experience one type of addiction can also be prone to other types of addiction, such as substance abuse addictions or compulsive gambling.

By using positive coping mechanisms, such as self-care, meditation, exercise, or visiting a psychologist, entrepreneurs can protect themselves from developing unhealthy addictions. It may be helpful to create an action plan of positive coping mechanisms. Which you can easily follow when you’re feeling lost, low, or lonely.

Action Tip 4: Develop multiple support networks

Working from home may seem incredibly glamorous and ideal, but it can become an isolating experience. While entrepreneurs may have the ability to set their own hours, skip the commute and create their own home offices. They also tend to miss out on regular interactions with other people. Not to mention the fact that many entrepreneurs work long hours and may end up sacrificing their social lives!

Overall, working from home as an entrepreneur can be lonely. It’s important that you create (and use!) multiple support networks. Create a Facebook group with similar-minded entrepreneurs you can regularly check in with. Adopt a pet who can spend time with you. Join a mastermind. Work with a coach. Call your friends and family often and organise regular catch-ups in person.

Action Tip 5: Use mindfulness and meditation

Mindfulness and meditation have been shown to help relieve and prevent stress and anxiety. As an entrepreneur, you may be prone to worrying about cash flow. Deadlines, emails, social media, employees, customers, and a range of other potential challenges! It can be incredibly beneficial to use mindfulness and meditation regularly to help you manage stress and anxiety. Also, prevent them from becoming chronic mental health problems.

For example, you could try this simple breathing technique for several minutes each day. Place one hand on your chest and one hand on your belly. As you inhale, feel the subtle movement of your chest and stomach rising. As you exhale, feel those areas deflating and becoming still for a moment before you take the next inhale.

How do you take care of yourself as an entrepreneur? We’d love to hear from you in the comments below!

Share this:
Article Template 3
Essentials of a fulfilling life

What are the Unexpected Essentials for a fulfilling life?  Do you know what the ‘essentials’ are in life so that you can live a fulfilling lifestyle?  Firstly let’s agree that fulfilment and happiness are subjective.  They are a state of mind—on how we feel about ourselves and our life. In this sense, anything we do […]

The 18 Unexpected Essentials for a fulfilling life

Emotional+Wellbeing

read more
Stress tips

Stress is a common emotion that most people will feel at some point in their lives. From the stress of exams as a teenager to the stress of planning a wedding, there are typical life events and moments in life that most people will experience. While stress is common, it’s also an emotional state that […]

9 Stress Busting Tips For The Super Stressed Out!

Emotional+Wellbeing

read more
More Fulfilment

What does it take to find more fulfilment in our day-to-day lives? There are essential elements that help us create a meaningful life.  Today I’d like to talk to you about one non-negotiable way to living a meaningful life and why its so important.   And this element is called…. Fun – is essential!   […]

How To Find More Fulfilment In Your Day-To-Day Life

Emotional+Wellbeing

read more
self esteem

Raising children to have healthy levels of Self Esteem is no small task in this day-and-age.   If this topic gets you feeling quite overwhelmed as a parent, don’t worry, you’re not alone. That’s why we wanted to share some helpful self esteem questions you can discuss with your children. To help give you a starting […]

21 Self Esteem Questions to Boost Your Child’s Self Worth

Emotional+Wellbeing

read more
Journal Prompts

A hugely valuable personal growth tool is the use of Journal Prompts. Bringing awareness to our most common thoughts and consciously choosing to reprioritize, refocus, and redirect these thoughts, can have the most profound impact on our life and emotional wellbeing – especially during these challenging times of late. However, at times, journalling can feel […]

50 Easy Journal Prompts For Self-Discovery

Emotional+Wellbeing

read more
A Guide To Understanding The Sensitive Man

  Today we want to discuss the Sensitive man… Recently we explored the pros and cons of being a highly sensitive person (HSP)— a term coined by Dr Elaine Aron in the 90’s, which basically means you feel all of the feelings. Someone who is sensitive to, well, just about everything. Sights. Sounds. Smells. Vibes. A huge number […]

A Guide To Understanding The Sensitive Man

Emotional+Wellbeing

read more
Essentials of a fulfilling life

What are the Unexpected Essentials for a fulfilling life?  Do you know what the ‘essentials’ are in life so that you can live a fulfilling lifestyle?  Firstly let’s agree that fulfilment and happiness are subjective.  They are a state of mind—on how we feel about ourselves and our life. In this sense, anything we do […]

The 18 Unexpected Essentials for a fulfilling life

Personal Growth

read more
Ultimate Reading list

This is our Ultimate Reading list  – for those who are deeply interested in Self Development and on-going growth in their life. These books are real game changers! We often get asked what are some of the best books we have read in various categories based on many the hours of reading and research we […]

The Ultimate Reading List for those who love Self Development

Personal Growth

read more
Design your day

How to Design Your Day

The Surprising Way To Design Your Day

Personal Growth

read more
Embracing Rhythms Over Resolutions

New Year Resolutions… We have made it to 2021! Well done. Last year was anything but easy. 2020 presented us all with challenges, abrupt change, and transitions, amongst many other things, and you made it through. As you reflect on the last year, there are things you may want to leave behind, while there may […]

Embracing Rhythms Over Resolutions

Personal Growth

read more
evan phillip 268078 unsplash scaled

Think ahead to 10 years from now, where will you be….? Have no clue? Not quite sure at all? That’s ok. Like a fortune-teller with her crystal ball in hand, you too can look into your future now and see the life you are manifesting. Here’s how you can quite simply predict where you will […]

Where Will You Be 10 Years From Now?

Personal Growth

read more
21 min

  When life gets busy or you find that one area of your life is demanding a lot of your time and energy, it’s easy to find yourself out of balance and not paying enough attention to what’s most important in your life. While you need to have drive and direction, too much can create […]

Finding Balance In Our Busy Lives

Personal Growth

read more

I'm Rebecca Sparks - Founder of The Daily Guru. I'm also a Self Development Coach,
a Speaker and a Podcaster. 

What drives me most in life is a fascination & curiosity with how we can make the most of our short time here on this planet.  How do we make our lives feel meaningful? How can we make life feel fulfilling?  And how can we turn these elements into a lifestyle? 

My mission is to help women explore these topics and to design a life that taps into all of their essentials.

more about me

Hey there!

oh la la!

"It's like DG is reading my mind! Every time I get an email from them, its exactly what I needed to hear."
- Jennifer West

Join the gang!

We've built a HUGE library of Growth & Wellbeing Resources for women just like you.  And we save all the best bits for our PenPals
 (AKA the Newsletter crew!)

So save yourself from unbearable FOMO and sign up below 

SIGN UP

FOR OUR WEEKLY NEWSLETTER

Get Our Free Guide to Kicking Ass on Social

Taiyaki occupy farm-to-table swag fashion axe four loko. Church-key palo santo selvage helvetica iceland tumblr.

GET THAT DOWNLOAD

Email

Name

"Margi's guide was kick-ass indeed and quite literally changed how I show up on social." - Jen Olmstead

oh la la!

Home
About
CONTACT
ARTICLES

THE DAILY GURU

follow along 
on Instagram:

SEND ME A NOTE >

GET ON THE LIST >

@TheDailyGUru >

© MArgarita Coaching 2020  |  Design by Tonic  |  Photos by social squares & Unsplash

podcast