There is no question it’s a challenging business environment at the moment. People are doing it tough. Businesses are making hard calls. Every day there’s another headline of a company shutting up shop. Sales are harder to come by. Bills and staff need to be paid. It can be a heavy weight to carry if you’re a business owner.
Here are our top tips for lightening the load and looking after your mental health – not just during Mental Health Awareness Week (23-29 September), but the rest of the year too:
Government policy, the Official Cash Rate, tension in the middle East, inflation levels – they may have an impact on your business, but can you directly control any of them? The answer of course is no. Here are some of the things you can control though, and this is where your focus should be:
Focusing on what you can’t control quickly leads to feelings of anxiety, powerlessness and overwhelm. Shift your focus to control the controllables. Doing so puts the power back in your hands and turns the dial down on stress.
A buyer pulls out of a deal, an employee lets the team down, a weather event cuts off your normal supply route – any number of daily events can trigger a response in us. In the split second between something happening to you and your response, you have a choice to make. Will your response be productive?
It’s natural to feel frustrated, angry, stressed. It’s what you do after that which determines whether your response leads to a productive outcome. Try reframing the situation with questions like:
There’s a reason a flight attendant tells you to put your mask on first before helping someone else. Without your own oxygen, you’re no good to anyone else. The same is true for any business owner. Prioritising your wellbeing is vital, not just for your own health but the health of your business too. Leading a business is no joke and if you’re trying to do that while running on empty, it’s a recipe for burnout. Here’s some of our practical tips for wellbeing – find one that fits for you!
The key to perspective lies in the very first sentence of this article. Things are challenging – at the moment. It won’t always be this way and it’s helpful to acknowledge that. Reframe your situation in a way that allows you to remember that while it’s hard, it’s temporary and it’s only hard for now. You will make it through the other side.
And finally…
If you’re struggling, please talk to someone. Below is a list of great resources including contact information for various helplines. And our Sudburys team are here to help too. If you’d like to have a conversation about any of those controllables we mentioned earlier, that’s the stuff we live and breathe, and we’d love to chat.
Resources we like:
https://mentalhealth.org.nz/helplines
Access help through various helplines 24 hours a day
https://www.xero.com/nz/xero-assistance-programme/
If you have a Xero membership and depending on your plan type, you may have access to two free counselling sessions.
https://www.business.govt.nz/wellbeing-support/brave-in-business-e-learning
Fantastic resources for business owners including tips and templates to facilitate better wellbeing.