Entrepreneurs deal with constant demands on their time. Whether you are launching your startup or maintaining your business during the COVID pandemic, you have multiple responsibilities to manage. The steady pressure can lead to anxiety and stress in even the most diehard company owners.
Keeping your business afloat is vital, but so is your health. Your willingness to manage stress can actually save you time in the long run. It may seem counterintuitive, but it adds up. Consider these pointers from Nomadworks on how to maintain your balance.
Nomadworks is dedicated to a wellness-focused work approach. We have flexible work solutions and perks for our members that will improve work-life balance, including wellness programs, yoga and meditation classes, and more. Book your tour of our facilities today!
Fend Off Perfectionism
You offer a quality product or service your customers rely on. Why would you spend less time on it? The answer lies between getting a product right and obsessing over it.
It’s unrealistic to think you can turn out a perfect product 100% of the time, and trying to do so makes you feel dissatisfied, anxious and depressed. While some may believe perfectionism is an asset, a meta-analysis from 2016 (the most recent data available) shows that the trait offers little or no benefit, and those with maladaptive perfectionism experience higher rates of burnout.
What does this mean for your business? If you spend too much time perfecting your product or service, you not only put yourself at risk for adverse health effects, but you also compromise your time. You can offer a quality product without obsessing over it. Know when to let go and devote time to another aspect of your business that needs attention.
Evaluate Your Processes
Usually, your tried-and-true methods are the best way for you to do business. Sometimes your product’s reputation relies on them. If you’ve done the hard work of creating efficient and economical systems, it can be a good idea not to rock the boat.
On occasion, though, it’s worth your effort to evaluate your processes. You may find, with some investigation, that new methods have proven themselves worthy of the cost or time spent in a learning curve. If you do payroll manually, for example, you are probably feeling some pressure each pay period. Payroll mistakes are costly and can lead to more significant consequences. If you devote hours to calculating timesheets and tax amounts, implementing a solid payroll for startup system can save you plenty of time and stress. You can avoid complications with employee payouts and tax calculation mistakes.
Even if you don’t think you have time to evaluate your business methods, reviewing your processes regularly can help you find areas of improvement.
You’ve presumably heard many times that regular exercise is good for you. There are numerous reasons why exercise benefits overall health. That said, it requires time. When you have deadlines, meetings, marketing campaigns and other duties on your plate, it can feel like exercise takes away valuable work hours.
The time you spend exercising, however, is an investment in your short- and long-term well-being. According to the CDC, benefits for your brain health begin immediately after a moderate-to-vigorous round of physical activity, improving cognition and reducing anxiety symptoms. Long-term benefits include better sleep and sharper perception skills. Investing in your health through exercise saves you time by keeping you out of the doctor’s office and helping you make better business decisions.
You work hard to keep your company going, and every minute is valuable. Ensure you’re spending your time in the best way possible by taking care of yourself as well as your business.
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