Overcoming Recession Anxiety For The Good Of Your Small Business
Overcoming Recession Anxiety For The Good Of Your Small Business
In all seriousness, stress-related disorders are becoming more prevalent in light of the economy. Some recent studies indicate that at least 80% of America is stressed out by the economic downturn of late. Of course, "stress" is a term that encompasses a wide variety of mental states from serious anxiety down to mild emotional discomfort, which is certainly a reasonable response. But many are experiencing cases that are not reasonable at all.
According to the Anxiety Disorders Association of America, 18.1% of the country deals with some kind of anxiety disorder under normal national conditions. But this number may be exacerbated by recession and its effects on business and daily life.
By definition, anxiety is the "anticipatory tension or vague dread persisting in the absence of a specific threat." Though many mix them up, the difference between fear and anxiety is that fear has a very specific and present cause and leads to a course of action to evade the threat, but anxiety is a fear of nothing present, and it often petrifies instead of leading to life-saving action.
Unfortunately, the world’s current economic state has left a particularly strong emotional mark on many of America’s small business entrepreneurs, stirring up anxiety in businessmen and women everywhere. CNN writer Alexander Stein recently interviewed an unnamed business owner who, despite a "debonair and self-assured" exterior, is "struggling to navigate the financial crisis, keep his business viable and, more than anything else, manage his crushing anxieties:" anxieties which are indeed unreasonable, including a debilitating fear of calling deadbeat clients who won’t pay.
The problem for this home business owner and others like him is not only that their recession-associated anxieties are unfounded, but that they cause these entrepreneurs to lock up under pressure, even when that pressure is more imagined than real. That’s bad news for a home based business, because, though this won’t help to lighten the load for an anxious entrepreneur, everything rides on his ability to decisively execute whatever actions are in the best interest of the business. For the good of his franchise business, he has to have a clear head.
If anxiety is affecting the way you or some you know operates a business, there are some things you can do to help, instead of worrying. Here are some helpful tips from various anxiety professionals.
Talk About it
This is a particularly hard one for work at home entrepreneurs with no partners, because there is no one at the office to confide in when the stress becomes too much. Whether it’s a partner, spouse, friend, or family member, it’s important to have someone that you can talk with about your business anxieties. It’s good just to get it all out, and they can often help you sort out exactly what is a real threat to your business opportunity and what is simply perceived.
Don’t Fight—Change Your Thinking
The great mistake that many make is treating anxiety like an enemy that must be battled. Much of anxiety is a visceral response to imagined danger, and trying to subdue your own tension by tensing up is not going to help. In most cases, acknowledging the truth that what you’re stressing out about isn’t the end of your business, but rather a single overdue bill, can go a long way to helping you get your mind back. It’s hard, but objectivity is vital to your work from home success.
Go for a Walk
It’s a simple piece of advice that works for small spells of anxiety. Generally, any kind of exercise can help release tension, but there’s something doubly calming about just walking around the neighborhood when you’re stressed out.
Herbal Supplements
There are many to choose from, but one that’s easy to get is St. John’s Wort. It’s been proven to successfully calm nerves by slowing serotonin reuptake in the brain. And though it’s perfectly safe, if that sounds too invasive, chamomile tea is championed by many as a great way to take the edge off.
Talk to Your Doctor
If all else fails, your case of anxiety may just be a little more acute than you anticipated. Talk to your doctor about what you’re experiencing and see if he can recommend a more successful course of action or a local therapist to help you navigate this difficult season of life, not just for your franchise, but for your own well being.
Ultimately that is what it comes down to: you need to attend to your own health when you own a business. Franchises require a lot of their owners, but above all, buying and running a business for sale requires strong and healthy entrepreneur. For the good of your business, you must take care of yourself in the midst of this recession, even when that means putting the laptop down and calming your nerves with a bubble bath.
Overcoming Recession Anxiety For The Good Of Your Small Business - To learn more about this author, visit Candice Clem's Website.
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Even though it must be old news by now, the recession is, without a doubt, still one of the biggest news items in the media. Newspapers run daily recession stories; TV and radio news stations bring in economists to give a play-by-play on the downward spiral of the stock market; and the internet is buzzing with everyone throwing in their two cents. If the recession isn’t enough to send you into a panic attack, the media coverage might be.
In all seriousness, stress-related disorders are becoming more prevalent in light of the economy. Some recent studies indicate that at least 80% of America is stressed out by the economic downturn of late. Of course, "stress" is a term that encompasses a wide variety of mental states from serious anxiety down to mild emotional discomfort, which is certainly a reasonable response. But many are experiencing cases that are not reasonable at all.
According to the Anxiety Disorders Association of America, 18.1% of the country deals with some kind of anxiety disorder under normal national conditions. But this number may be exacerbated by recession and its effects on business and daily life.
By definition, anxiety is the "anticipatory tension or vague dread persisting in the absence of a specific threat." Though many mix them up, the difference between fear and anxiety is that fear has a very specific and present cause and leads to a course of action to evade the threat, but anxiety is a fear of nothing present, and it often petrifies instead of leading to life-saving action.
Unfortunately, the world’s current economic state has left a particularly strong emotional mark on many of America’s small business entrepreneurs, stirring up anxiety in businessmen and women everywhere. CNN writer Alexander Stein recently interviewed an unnamed business owner who, despite a "debonair and self-assured" exterior, is "struggling to navigate the financial crisis, keep his business viable and, more than anything else, manage his crushing anxieties:" anxieties which are indeed unreasonable, including a debilitating fear of calling deadbeat clients who won’t pay.
The problem for this home business owner and others like him is not only that their recession-associated anxieties are unfounded, but that they cause these entrepreneurs to lock up under pressure, even when that pressure is more imagined than real. That’s bad news for a home based business, because, though this won’t help to lighten the load for an anxious entrepreneur, everything rides on his ability to decisively execute whatever actions are in the best interest of the business. For the good of his franchise business, he has to have a clear head.
If anxiety is affecting the way you or some you know operates a business, there are some things you can do to help, instead of worrying. Here are some helpful tips from various anxiety professionals.
Talk About it
This is a particularly hard one for work at home entrepreneurs with no partners, because there is no one at the office to confide in when the stress becomes too much. Whether it’s a partner, spouse, friend, or family member, it’s important to have someone that you can talk with about your business anxieties. It’s good just to get it all out, and they can often help you sort out exactly what is a real threat to your business opportunity and what is simply perceived.
Don’t Fight—Change Your Thinking
The great mistake that many make is treating anxiety like an enemy that must be battled. Much of anxiety is a visceral response to imagined danger, and trying to subdue your own tension by tensing up is not going to help. In most cases, acknowledging the truth that what you’re stressing out about isn’t the end of your business, but rather a single overdue bill, can go a long way to helping you get your mind back. It’s hard, but objectivity is vital to your work from home success.
Go for a Walk
It’s a simple piece of advice that works for small spells of anxiety. Generally, any kind of exercise can help release tension, but there’s something doubly calming about just walking around the neighborhood when you’re stressed out.
Herbal Supplements
There are many to choose from, but one that’s easy to get is St. John’s Wort. It’s been proven to successfully calm nerves by slowing serotonin reuptake in the brain. And though it’s perfectly safe, if that sounds too invasive, chamomile tea is championed by many as a great way to take the edge off.
Talk to Your Doctor
If all else fails, your case of anxiety may just be a little more acute than you anticipated. Talk to your doctor about what you’re experiencing and see if he can recommend a more successful course of action or a local therapist to help you navigate this difficult season of life, not just for your franchise, but for your own well being.
Ultimately that is what it comes down to: you need to attend to your own health when you own a business. Franchises require a lot of their owners, but above all, buying and running a business for sale requires strong and healthy entrepreneur. For the good of your business, you must take care of yourself in the midst of this recession, even when that means putting the laptop down and calming your nerves with a bubble bath.
Overcoming Recession Anxiety For The Good Of Your Small Business - To learn more about this author, visit Candice Clem's Website.
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Cheryl MatthynssensCheryl is a life skills coach, licensed Chemical Dependency Counselor and a 20 year entrepreneur. Cheryl's dedication to achieving a life of balance led to her expanding her teaching from the simple managing of life's daily challenges to adding financial well being as well. A direct marketer with DrinkACT, she is gaining ground in the online community with her concepts of making sure business owners, entreprenuers and employees have well rounded life styles. She opened up a small affiliate site - The Balance Guide- to help others find resources for mental and emotional well being. Visit Cheryl's blog to see more of the diversity beyond business she has began offering online at www.thebalanceguide.blogspot.com - Visit Cheryl Matthynssens's Website |
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John AlexanderJohn has taught keyword research and SEO skills to small groups of business owners and Webmasters from over 80 different countries world wide since 2002. John is also the Director of Search Engine Academy ; Co-director of Training at Search Engine Workshops offering live, SEO Workshops with his partner SEO educator Robin Nobles, author of the very first comprehensive online search engine marketing courses at SEO Training Online and the SEO Workshop Resource Center. I look forward to hearing from you! - Visit John Alexander's Website |
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John BrennanJohn Brennan Ed.D. Dr. Brennan is President of Interpersonal Development, LLC, a training and development firm. Interpersonal Development has provided sales training and coaching to more than 3,000 sales reps from over 100 companies. A native of Australia, Dr. Brennan received his doctorate from the University of Rochester. His dissertation researched the effectiveness of Behavioral Modeling Technology in training people in interpersonal skills. While he has spent most of his career designing or delivering training, he was also a Vice-President of Sales of a training and development franchise with operations in 25 markets. Dr. Brennan has designed and delivered sales training in North America, Asia, Europe, Australia and the Middle East. He has been a guest speaker at numerous national and regional professional conferences. When Microsoft wanted Best Practices articles on sales for their web site, they called Dr. Brennan. The results are at http://office.microsoft.com/en-us/FX011387391033.aspx His firm’s clients have included Volvo, The Prudential, Merrill Lynch, Eastman Kodak, Gannett, Equifax Europe, the Economist Group and countless small businesses. - Visit John Brennan's Website |
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David BarrDavid Barr is the President of Venture Opportunities, Inc. David has been a professional business broker/intermediary since 1980 focusing on General Business Brokerage and Mergers and Acquisitions representing client transaction value from $400,000 to $20,000,000. Mr. Barr has handled the sale of over four hundred and fifty companies. David earned a university degree from the State University of New York majoring in economics and business. David holds the Mergers and Acquisition Master Intermediary and the Certified Business Intermediary designations from the International Business Brokers Association. He is also a Senior Business Analyst and a Texas licensed Real Estate Agent. For more information about David and Venture Opportunities, visit www.bizdealmaker.com. - Visit David Barr's Website |
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Anne BarrAnne Barr has over 26 years experience in sales and marketing, six years as a franchisee. She has assisted over 367 business owners and purchasers to achieve their goals in career change, transition and exit strategy. She holds the designation of Certified Franchise Executive from the International Franchise Association, Certified Business Intermediary from the International Business Brokers Association and Board Certified Broker from the Texas Association of Business Brokers. Anne is active in professional organizations, networking groups and volunteers for non-profit entities. As owner/operator of four successful businesses, Anne has proven people skills and enjoys helping clients find the right "fit" in business ownership. Visit www.FranchiseOpportunitySpecialist.com for more information about me and my company. - Visit Anne Barr's Website |
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Casey GollanCasey Gollan, Business Coaching & Mentoring Programs. Add $1 Million to $10 Million in the next 1 to 3 years. Since 1996 Casey has to added hundreds of millions of dollars to businesses. Watch a free video see client results Business Coaching website. - Visit Casey Gollan's Website |
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Kim CastleWith nearly two decades in the advertising and design business, with clients like Domino's Pizza, General Motors, Direct TV, Pedigree, Wolfgang Puck, Higher Octave Music, Hollywood Celebrity Products, Disney, and Paramount, as well as thousands of entrepreneurs around the world define, structure, communicate, and position their business for greater profits, BrandU(R) co-creators Kim Castle and W. Vito Montone discovered that entrepreneurs could experience the same power that big brands command for a fraction of the cost with the world's only process-based results-drive Integral approach to business creation. BrandU(R) is helping entrepreneurs grow with the power of extreme clarity from idea...to brand...to market(TM) and helping one million entrepreneurs become successful and whole so that they can make a difference in the world. Are you one of them? If you want to experience clarity all the way to the bank(TM), get started now at http://www.brandu.com. - Visit Kim Castle's Website |
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Jeff FosterWebBizIdeas.com is a Minneapolis website design company founded to help people start an internet business by providing them with website, business, and internet resources that help foster the growth of successful online businesses and develop innovative Internet business ideas. We specialize in internet consulting & internet marketing. - Visit Jeff Foster's Website |
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