How Entrepreneurs Can Keep up With Their Emotional Hygiene

How Entrepreneurs Can Keep up With Their Emotional Hygiene

Entrepreneurs are also subjected to emotional outbreaks as they are also humans. Most entrepreneurs will try to deny this fact. However, every entrepreneur will get hurt when things don’t go according to their plan. Emotional hygiene plays a very important role in entrepreneur life. It is more important if you are a solopreneur. You need to handle your entire business alone. However, most solopreneurs actually ignore their emotional hygiene during their entrepreneurial journey. This can actually lead to a lot of failures and frustrations. In this article, we are going to share some tips that will help you in keeping up with your emotional hygiene. 

1. Understand the absolute and relative value of money

Finance is going to play a very big role in your business. It is usually the cause of stress for startup owners. Sometimes your third-party vendor won’t deliver on time. Your customers might ask for refunds. This can lead to various issues that will ultimately frustrate you. You might lose your temper in front of your partners and teammates. These things can bring in permanent strains on your character and on your relationships. You should always evaluate the amount that you have lost. Also, you should evaluate what is at stake. You need to understand that you can always earn the lost money. All you need to is maintain your sanity. This is only possible if you are not stressing about the problem. If you are stressing about a specific problem, then it will create new problems.

2. Don’t opt for the cheapest available option

Startups mostly outsource their work to other third-party vendors. However, you might face a communication problem in this step. You need to deliver the exact message to your vendor. In ideal situations, there should be a consultant between you and your vendor. They will pass your message to the third-party vendor. Many startups don’t have enough money to hire a consultant. Thus, they might directly start working with third-party vendors. In this case, the final product will be actually different from what you wanted.

3. Understand other people’s personalities

You can learn a lot about other behaviors by analyzing their personalities. It is impossible to completely judge a person from his personality. However, you can make a lot of predictions from their personality. You can use online tools for learning about other’s personalities. It is important to understand that everyone has a different personality. Understanding their personality will help you in seeing the person better. 

4. It is impossible to satisfy everyone 

Entrepreneurs always try their best to be good at their craft. They will push themselves harder to satisfy their customers. However, this can be very frustrating for you. This doesn’t mean that you need to stop working harder. But, you should ignore a few nagging customers. It is not possible to satisfy every customer. Even large companies are not trying to satisfy every customer. Some customers will feel satisfied with your services. However, you need to do a lot of things for satisfying some customers. You might need to issue a refund to that customer. However, make sure that one customer is not impacting your other tasks.

5. Never trust vendors that are selling magic 

There are hundreds of vendors available in the market. Sometimes you might give your contract to the vendor that looks most convincing. These are the vendors that are selling magic. They will use statements like “I will treat your work as mine”. These statements might sound very convincing to you. However, they are mostly bogus. You should ask them about how they will complete your work. Also, you should ask them about the industry approved standards that they are following.

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