Like this article? PLEASE +1 it! Evan Signature
Evan Carmichael Top Header
Share for a Cause









Entrepreneurs Learn This Lesson Dont Sweat The Small Stuff

Written by: Tim Knox

Article Overview: Many entrepreneurs crumble under the weight of pressure everyday business. Here are some great tips to tackle such pressures and focus on your business growth.

Free Download - Whats In A Name When It Comes To Your Business Plenty By Tim Knox
Name: Email:

Entrepreneurs Learn This Lesson Dont Sweat The Small Stuff

Is the pressure of being in business getting to you? Do you feel like you have the weight of the world on your shoulders? Do you lie awake nights with a thousand points of worry flashing through your poor, tired brain? Welcome, my friend, to the wonderful world of entrepreneurship. Come on now, you really didn’t think it was going to be that easy, did you?

Forget all those reasons you’ve heard as to why businesses fail. It’s the pressure of entrepreneurship that sends many folks running back to the supposed security of a real job. I’ve seen perfectly good businesses flushed down the tubes simply because the owner couldn’t handle the day-to-day pressure of keeping the doors open.

So I ask you again: is the pressure of being in business getting to you? Is worrying about your business taking up so much of your time that there’s no time left to actually work on the business? If so, take a deep breath and count to ten because there is hope. Here’s how I went from being a chronic worrier to someone who doesn’t sweat the small stuff. And that’s what most topics of worry are: small stuff.

The first step is to make a list of everything that’s worrying you. We’re discussing business here but if you’re worrying about personal things write those down, too. Do you have an employee who is giving you trouble? Are you afraid you can’t meet payroll next month? Are you worried about losing a big customer or not winning a big contract? Is your spouse unhappy with the number of hours you’re away from home? Write it all down.

Now divide what you’ve identified as worry topics into three categories: Past Worries (things you’re worrying about that have already happened), Present Worries (things that are happening now), and Future Worries (things that may happen in the future).

Now put a big fat X through all of the Past Worries and Future Worries you’ve listed. Forget the past. There’s nothing you can do about it now. Worrying about things that happened in the past is like a bald man pining over lost hair. If you owe someone an apology, apologize. If you owe someone a debt, make arrangements to pay it. If someone did you wrong either forgive or forget them. The past is history. Forget about it and move on.

The same is true for Future Worries. Why worry about something that hasn’t even happened yet or may never happen, at all? If there’s something looming on the horizon that is a valid point of worry you should have a plan to deal with it when it comes, not suffer in anticipation. Worrying about tomorrow today will drive you nuts. Forget the past and prepare for the future, but don’t waste time worrying about them.

Next divide the Present Worries into two subcategories: things you can do something about and things you can’t do anything about. Now put another big fat X through those things that you can’t do anything about. Worrying about things you can’t control is wasted worrying. You’re worried that a proposal you submitted won’t get accepted. You’re worried that a vendor might go out of business. You’re worried that a giant meteor is going to strike earth and that your building will be dead center in the strike zone.

You can’t do anything about these things except prepare to handle them if they do occur. In business you have enough legitimate things to worry about. Stop driving yourself crazy worrying about things you can’t control.

So now you have your list of present worry points that are within your control. Now prioritize them from most urgent to simply bothersome and create a plan to deal with each point. That’s right, instead of worrying about these things take a proactive stance and create a plan to do something about them. Face the monster head on. You’ll be surprised how much better you’ll sleep at night.

If you’re afraid you can’t meet payroll next month start looking for solutions today. Can you get a line of credit to see you through the lean times? Can you get extended terms with vendors that will free up cash? Can you find an investor who will put in the money and let you pay him back over time? Every problem has a solution. It may not be the solution you desire, but it will be a resolution that takes one thing off your plate.

Work through each point of worry until you have a plan to deal with each one. Then start dealing with them. And if you can’t do anything about an item mark it out as something you can’t control. This exercise will take some effort and discipline on your part, but trust me; you’ll immediately start sleeping better.

Related Articles
  What is the best way to develop my sales skills?
  Profitable Online Business Ideas and the Recession Part 2
  Contribution
  Social Networking or Social Distraction
  The More You Sweat, The Less You "Sweat"

Home > Starting-A-Business > Tim Knox > Entrepreneurs Learn This Lesson Dont Sweat The Small Stuff
Article Tags:

About the Author: Tim Knox
RSS for Tim's articles - Visit Tim's website

Tim Knox, Entrepreneur, Author, Speaker, Radio Host Founder, The Insiders Club, Giving You The Power To Start Your Business Today www.theinsidersclub.com Bestselling Author of: "Everything I Know About Business I Learned From My Mama" www.timknox.com

Click here to visit Tim's website
Dashed Line

More from Tim Knox
Learn To Avoid Ugly Baby Syndrome
Its A Booming Time For Business
Boy What Were You Thinking
With a Lease The Devil Is In The Details
Its All Up To YOU


Related Forum Posts
Re: This Month's Leader is not working fine. Re: This Month's Leader is not working fine. - Me too, Trent. Oh well. Stuff happens. I know that from being in the software business. I didn't even know Glitches existed before I got into this business. Now I know more than I ever wanted to. LOL
Re: How to Promote Your Blog – The Definitive Guide to Promoting Re: How to Promote Your Blog – The Definitive Guide to Promoting - Great Post! Dont forget to put your blog in Anchor Text For SEO purposes for the keywords you want when getting backlinks (for example with article marketing)...Very important. You can conquer quite a few small Niches and get your site on the number 1 spot in Google!
Re: Due Diligence, Market Research.. Ahead of the curve. Re: Due Diligence, Market Research.. Ahead of the curve. - Congrats! A few months ago I wrote extensively on market research. Check in the Inventors corner for the posts. Let me know if I can help further! Dont spend a dime on a protype or advertising until you do some research! Jude
CEOs and Email - Slaves? CEOs and Email - Slaves? - I wonder if the emails they are responding to are filtered thru their assistants first 'cos they seem to spend a lot of their off hours responding to them. True they are successful but I'm not sure I'd be willing to pay that price. I'd be interested to know what's the in the typical day planner of Entrepreneurs on the Forum. Entrepreneurs are a different breed than Paid Employees- so it would be interesting to view the contrast.
Re: Who hates cold calling? Re: Who hates cold calling? - I saw this and had to chime in. I HATE COLD CALLS. lol its terrible and a wast of my time. Something i have done is gotten online and found all the networking event happening in my area for the next 2 months and i try and go to about 3 a week. Even just for an hour. Dont bring any business cards. Just meet new people ask them alot about what they do, not too much about what i do and follow up the next day or 2. Has worked well


Share this article with your friends. Fund someone's dream.

Leave a comment below or share on the left and you'll help support entrepreneurs in Africa through our partnership with Kiva. Over $50,000 raised and counting - Please keep sharing! Learn more.



Featured Article


Bottom Footer
Share for a Cause












Newsletter

Get advice & tips from famous business
owners, new articles by entrepreneur
experts, my latest website updates, &
special sneak peaks at what's to come!
Name:
Email:
Popular Articles

The True Cost of Employee Turnover

Make Small Commitments. Get Big Changes.

Emotional Energy is Our Engine

Suggestions

Email us your ideas on how to make our
website more valuable! Thank you Sharon
from Toronto Salsa Lessons / Classes for
your suggestions to make the newsletter
look like the website and profile younger
entrepreneurs like Jennifer Lopez.