How To Feel Your Best While Launching and Growing a Company
As technology and innovation continue to reshape the landscape of the business world, there are growing numbers of individuals launching their own companies. In fact, recent statistics show that the number of entrepreneurs around the globe recently reached 528 million. Keep reading to know how to feel your best while launching and growing a company.
If you are part of this growing trend, you likely understand both the joys of running your own operation and the stress that can come from doing so. Consider these strategies to achieve your business goals while also mitigating the pressures and anxieties that entrepreneurs often face.
Take Advantage of Online Help
One of the benefits of a global economy is that you can take advantage of online resources from anywhere in the world. For example, as a business owner, you can save time, reduce stress, and help your company by:
- Using cloud-based tracking software to track time and expenses, and in turn, manage your team more efficiently
- Utilizing an internet-based phone system to handle your telecommunication needs and manage the phones both in the office and on the go
- Taking advantage of remote-based freelancers who can provide expertise and save you time
- Using an online payroll service to pay your employees, handle taxes, and complete all legal paperwork
Choose the Best Business Structure
When choosing your firm's business structure, be strategic and file as a Company. Company status provides several benefits, including:
- Keeps your personal assets safe from liability
- Allows you to categorize business profits as personal income when filing taxes
- Reduces the amount of paperwork you need to file
- Provides flexibility in how you run your company
Additionally, you don't need to hire an attorney when submitting your paperwork. You can do it yourself or hire a formation service to do it for you. While the process is fairly straightforward, the rules vary by state, so check the applicable laws in your area before filing.
Invest in Self-Care
Running a business can be exhausting and stressful, but luckily, optimizing your health and wellness can help. We will explain you how to feel your best while launching and growing a company. To better handle the pressure and workload that comes from being an entrepreneur, prioritize self-care by:
- Establishing firm boundaries and not being afraid to say "no"
- Asking for help when needed
- Integrating physical activity into your workday
- Avoiding processed foods and eating a healthy, balanced diet
- Getting at least seven hours of sleep each night
- Using a free meditation app to help you unwind and feel relaxed
Create a Nurturing Environment
Improving your environment can also help you feel your best, so carve out time to ensure your home is clean, organized, and clutter-free. Studies show that a messy house can increase your risk of depression, fatigue, stress, and anxiety. Conversely, maintaining a clean and orderly home increases your sense of control, improves your mood, and even helps you focus and get more work done. Take time to examine the energy in your home. If it’s trending negative, take steps to clean and declutter in order to address it.
If you're intimidated by the state of your home, you should realize that now is the best time to address ongoing issues and work towards a more positive and nurturing environment. To get started, try one of the popular decluttering methods, such as KonMari or the Minimalist Game. Also, consider recruiting your family to help and establishing a set period of time for cleaning each week. If your schedule is too full to accommodate household chores, hiring a professional may be a feasible solution.
As an entrepreneur, you need to optimize your health and well-being in order to be an effective leader. By investing in self-care and making strategic business decisions, you can feel your best and help your company thrive.