Part of being a successful entrepreneur is the ability to stay calm and effectively handle any challenges that come up. Equally as important is to not allow yourself to get overwhelmed during the challenges that do arise.
How do you avoid being overwhelmed to start out? First understand why we become overwhelmed. In my experience, when you are not organized, and have uncertainty about the task, it is easy to feel overwhelmed. It can feel like there is so much to do, and not enough time to do it, and often, you don’t even know how to do some of the things on the list. The key is to get highly organized to start. Make a list of every single task that needs to be handled by you. Our time needs to be spent on the important things, but that doesn’t mean you let the little things slide. Then make a list of every single task that doesn’t need to be done by you, and delegate it. Time slot all tasks being done by you, and everything being done by the person you delegate to. Set deadlines and go beyond the call of duty to meet those deadlines.
When launching a new business, there will be lots of learning curves, which tend to make every task take longer than it will when you have experience under your belt. Even the things that “should” be a quick and simple thing, often tend to have complications, and take longer than you anticipated. An example may be something as simple as setting up a bank account for your business. You may go online and follow the steps to complete everything online, but, for some reason, it doesn’t seem to work, even though the bank clearly offers this option. You may need to jump in your car, and drive to the bank to do it in person, which of course, could take an hour or more of your time, when you thought you could do it in 5 minutes online. Be prepared to work longer at the beginning to get your venture off the ground.
How do you stay calm? You are building YOUR business. Being a business owner means you are taking on the responsibility of looking after everything that needs to be done, delegated, changed, etc. When you have things that could be frustrating, you need to go into “solution” mode. What are your options, what new solutions can you create for challenges that you come up against. Develop the mindset that when plan A doesn’t go as planned, be willing to create plan B, C or D. Bottom line is there IS a solution…it is YOUR job to figure it out in a timely fashion.
You may have a service that was due to perform tasks in a certain time frame in order for you to hit your target opening date. Something happens and that service has been delayed, which if you don’t go to plan B, means you are not meeting your opening date. Get on google and source out another service provider that can meet your needs. This could be anything from bank appointments, CC terminals, staff start dates, etc. YOU are running the show and the curtain must go up at show time….be willing to do what it takes to make it happen.
If there is a challenge that causes a delay that absolutely cannot be overcome for some reason, utilize the time you have to get other important things done. Let’s say your opening date is pushed back a week or so due to some licencing issues. You have gone to plan A,B, C and D, and hit a dead end. Ask yourself how you can productively utilize that time before opening. Perhaps utilize the time to train staff, get accounting all set up, or learn and research about new technology you will be using so you are more familiar with it.
Expect you WILL have unexpected challenges, and that you WILL be able to solve them quickly and efficiently. Asking yourself, “what can I do to get around this” is a question to keep asking yourself whenever faced with a challenge. There are always solutions. Those that create success have developed a solution oriented attitude and are willing to jump in and find those solutions whenever necessary. Keep getting on the phone to do follow ups with goods and services providers if you are waiting on them to deliver goods or services that are vital to your business. Don’t blindly accept “it’s on the way”. Call back and keep following up, get tracking numbers, and be proactive.
BE the person that is willing to do what it takes, for as long as it takes. Successful entrepreneurs do not give up when faced with challenges. Successful entrepreneurs know it is simply part of the process, remain calm, and go into solution mode. It is a mindset possessed by all successful entrepreneurs….a mindset that absolutely anyone with the desire can learn.