How to Have a Stress-Free Business Launch
Let’s face it, the last thing you want to do, now that you’ve decided to finally leave the 9 to 5 job, is to add more stress to your life. Isn’t that why you decided to build your own business in the first place? You’re looking for freedom from the stress of a fixed schedule, working with those you don’t get along with, and from the limitations of a fixed salary.
But if you’re trading all that in for a different kind of stress, what have you gained? Before you kiss your cubicle goodbye, be sure you first build a solid foundation—and we don’t just mean business-wise.
Build a Financial Safety Net
Nothing stresses us out quite like worrying about money. Whether you’re concerned about those college tuition bills you’ll be facing in a few years, or worse, not sure how you’re going to make the rent or bills, it’s easy to lose your business mojo. As a new business owner, you certainly don’t want money trouble casting a shadow over your entrepreneurial dream.
Before you turn in your resignation, set aside some cash in case of a rainy day. Aim for at least three months of living expenses but more is better. Hopefully, you won’t need it but having some cash on hand will relieve the pressure of having a new business that’s not earning its keep—yet.
How to Have a Stress-Free Business Launch
Make Sure Your Family is on Board
Money troubles are bad, but there may be one worse thing: an unsupportive spouse. And as any entrepreneur will tell you, not everyone understands the drive to be a business owner. Most people find it pretty scary to step away from that regular paycheck to chase after a dream.
If that sounds like your partner, don’t take it personally. They’re not making a statement about your ability. More than likely, they’re just worried about what the future holds. Do your best to understand where they’re coming from, and be sure to clearly explain your ideas, why you are confident it will work, and how you plan to cover the start-up expenses and manage the risk.
If he or she is still not on board, consider starting slow, with a part-time business while still working your day job. That will allow you to prove your idea is workable, and might just help your spouse get as excited about it as you are.
Read my article: How to Talk to Your Family About Working From Home – it may be helpful with this topic!
Take Time for YOU
No matter what’s going on with your money, your partner or your business, you need to be sure to schedule some “you” time. No one can work all the time, regardless of how driven you are. I am sure I don’t need to mention that no one can stay healthy while maintaining a nonstop schedule. Go for a walk, hit the gym, get a pedicure or just binge on your favourite brainless television show. The point is simply to take time away from your desk to rest and rejuvenate. Without it, you’ll soon find yourself overwhelmed and stressed, even if you truly love your new business.