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
How often have you thumbed through a business opportunity magazine,... Read More
Starting your own e-commerce business can be quite the adventure.... Read More
Cleaning the trailers towed by big trucks is not easy,... Read More
Today required franchise disclosure documents are over 200 pages generally.... Read More
Last week's question from Anthony R. on how to choose... Read More
When is advice free and when should you charge for... Read More
Looking for a place to add a Quick Lube away... Read More
We very much like what we see in Lubbock, TX... Read More
Gather round while I tell you the story of Kennebec... Read More
As long as you eat and breathe you will stay... Read More
What types of companies do you want to align yourself... Read More
Sometimes when you run a business you feel as lonely... Read More
In the summer, I can't drive two blocks without seeing... Read More
If you've been considering incorporating your small business, you've probably... Read More
If you plan to do business online, then your website... Read More
It is imperative to have your business legally prepared. How... Read More
Tap these treasures of ideas. The best money you can... Read More
When deciding to host a fundraiser for your company or... Read More
Running a business, whether large, small or in your home,... Read More
Ask anyone trapped in a cubical about their entrepreneurial dream... Read More
Here are some useful tips on what to consider before... Read More
Starting and managing a small business is no fun chore,... Read More
You want to know more about making money with your... Read More
Top 3 Ways to Maximize Your Small Business Server Consulting... Read More
With the massive explosion of start-ups and home businesses developing,... Read More
How a donation is different from a sponsorship and what... Read More
It seems so long ago that I started my first... Read More
How do you sponsor an event and get personal introductions... Read More
So often small service businesses fail to exploit niches, which... Read More
Over the years I heard the best way to learn... Read More
One of the best marketing strategies a business or organization... Read More
Rule 15C211Under SEC Rule 15C211, a U.S. securities broker or... Read More
One of the major complaints in the QSR Quick Service-Fast... Read More
If you're starting your own business or currently work for... Read More
When you awoke this morning, you found yourself buzzing with... Read More
1. Resolve to build a consistent network system.Since referrals are... Read More
I love lists. I make them for everything. And I'm... Read More
Is it right for you?If you decide to advertise your... Read More
As a business owner, you already know how important it... Read More
Some of the very qualities that attract people to the... Read More
As small business managers, we juggle limited resources in a... Read More
It's just like a marriageTo expect a bank manager or... Read More
If you plan to upgrade your workshop into an Authorized... Read More
There is much competition in the mobile auto detailing business.... Read More
Business Process Automation or BPA for short. This was a... Read More
Small businesses need Public Relations, possibly more than large corporations,... Read More
Here are a few tips on how to hand out... Read More
Discover How Specialized Cost Containment Creates A New Win-Win Position... Read More
How is your pipeline structured?I assume most of you have... Read More
Get maximum results with minimum effort. Sounds great doesn't it?... Read More
What does it take to grow a business and run... Read More
Most of us remember going to at least one garage... Read More
Those who are in the pressure washer business should not... Read More
The FTC, Federal Trade Commission, is considering modifying the franchise... Read More
Cleaning concrete is tough and there is an easy way... Read More
Why are Chambers a good launching pad?Chambers provide you with... Read More
Success is the desire of everyman on the face of... Read More
The challenges of the small business owner are well documented.... Read More
You bet it's worth it. Publicity via news releases, along... Read More
All legitimate home business entrepreneurs insist and announce loud and... Read More
Let me get right to the point. The single most... Read More
In many industries, image is one of the last things... Read More
If you are looking for a way to own your... Read More
Articles abound advising the business community how to properly screen... Read More
Most folks in the pressure washing business are happier to... Read More
And is having a logo really that important?My answer to... Read More
Small Business |