Business Articles

Emotional / Personal Support Networks

Business is a team effort.
Whether you are a sole trader, in a partnership, or managing a limited company, enlisting and retaining the support of those around you is vital.

You are likely to have a strong desire to succeed, and will be emotionally attached to your idea.

Many people unknowingly isolate themselves, spending countless hours working on their business plan or on fulfilling the needs and wants of their customer, instead of spending time with their companions or loved ones.

Often when starting a business, financial results are not seen for the first few months, which to some partners is completely incomprehensible.
Before you embark on a new venture it is adviseable to discuss these possibilties with your nearest and dearest, so that they can support you, and will not place undue pressure on you by expecting instant financial results.

Many business forums and business networks exist, but I have not yet come across an 'entrepreneurs widows' forum or support network (although I am sure they exist).
We must take steps to ensure partners and loved ones feel loved and valued, and not just seen as an emotional / business sounding board.

Communication plays a vital part in all relationships, and this is no different where business is concerned.
You do not need to divulge all details of business dealings, but keeping your partners up to date with time-lines and progress is recommended.

If you have a home office, try to set aside some 'down time' each week.
Mark this in your diary or on your wall planner and 'dedicate' this time to yourself and your partner
Turn off your pc/laptop, clear away your paperwork and leave this environment completely.
You and your partner are both likely to gain from this, and in some cases you will even discover new business avenues to pursue or opportunities to follow-up, having taken a step back from the hands-on running/planning of your business.

Like going to the gym, the first few weeks of your routine will be the hardest, but a few weeks in and you will find it easier to switch off and relax.

The next article in this series will cover how to 'switch off' long enough to take a holiday.

Source: Inzvestor

 

 

All articles reproduced with permission from This Is Your Business