How Entrepreneurs Should Take Care of Their Mental Health

Entrepreneur mental health
(Last Updated On: November 18, 2020)

No, this is not a World Mental Health Day post.

We too are genuinely worried about what’s happening out there. This post is to just make sure you are taking care of yourself.

As a business ourselves, we know that times are getting tougher, and entrepreneurs and business owners are trying to keep up morale and business running.

We understand. But in the chaos of fixing and moving your business, do not forget about your mental health.

A study shows that entrepreneurs are 50% more likely to suffer mental health issues than others.

True, the entrepreneurial hustle gives you a great sense of independence, money, and power. But, it also takes away from you. Hence, it is crucial for you, to constantly energize your mind, body, and soul.

Top reasons why business owners get stressed: Identify and Cure

Uncertainty, pressure and stress

If you still believe that you can get over daily stress with a huge bank account, you are wrong.

Would you believe us if we told you India has one of the highest stressed-out entrepreneurs in the world? Running a business is stressful. Here’s how you can tell you are stressed:

  • Physical – Lack of sleep, loss of appetite/ overeating, weight loss
  • Unhealthy coping mechanisms – Drinking excessively, chain smoking.
  • Moods – Bad temperament, irritability towards employees

If you face these on a regular basis, you are stressed. But don’t worry, we have a few tips that could help you.

The next time, something is stressing you out, try not to let it affect you personally. Take the learning it has to offer you, and let it pass. This will not only help you grow emotionally and physically but also help you build a stronger empire of healthy employees around you.

No work-life balance

Do you proudly call yourself a workaholic? Well, don’t.

If you find yourself sitting by your laptop all day or working round the clock, it’s unhealthy – for your body and your brain. Even great businesspeople of the world have a routine, and they take time off.

There is a common myth that you need to hustle and grind all day to make your dreams come true. You give up on relationships, family and hanging out with your friends to make your business flourish.

This has been proven wrong. A true entrepreneur needs a routine. Sure, you need some time open to answer unexpected calls, tackle sudden business needs or fix a broken tyre.

But besides, that you need a routine. Here are a few apps that will help you create a routine and pace yourself.

” We would never tell someone with a broken leg that they should stop wallowing and get it together. We don’t consider taking medication for an ear infection something to be ashamed of.” – Michelle Obama 

Giving in to the stigma

Think of mental health the way you do about the flu. If you have a headache or a runny nose, you talk about it. If you feel feverish, you take a day off.

When you find your mood or behaviour getting affected daily, you need to speak up. Which in India, no one does. Talk to your colleague, and as discussed in then ext few steps, do not be silent. Get professional help.

“Mental health is nothing to be ashamed of, but stigma and bias will shame us all” – Bill Clinton

Equating self-worth to success

As an entrepreneur, you often associate self-worth with the growth of your company.

Sadly, most entrepreneurs don’t understand where to draw the line. A common phenomenon with most entrepreneurs is that they get so absorbed in the status of the company, that they often equate their own self-worth, to that of the company.

Success and failure are like two sides of the same coin. When encountering failure, it is crucial for you to understand it’s only a part of the learning curve, and that too shall pass.

How to take care of mental health as an entrepreneur

Talking about mental health is a taboo in our country even today.

Join online counselling

The Coronavirus has affected businesses everywhere. If you read the news, you will be stressed too. But as an entrepreneur running a business, you have to show a brave face to your employees. In order to keep their mind at ease, you need to be at ease too.

If you feel unmotivated, tired, frustrated, angry and scared, seek professional help online. There are professional psychologists you can talk to, even if you just need to talk to someone about your symptoms.

Keeping a favourite mental health playlist

This might sound silly, but it actually plays out well for people. Our marketing team at Instamojo runs on constant creative fuel. This can get exhaustive, so some of us keep a playlist. Favourite songs, music to calm you down, a podcast with your favourite writer on it or just bloopers from your favourite Jackie Chan movie.

For example, here are playlists on Youtube and Spotify that could ease your mind.

Taking time off

Too much is done to pamper the physical body, and too less to strengthen the mind and soul. Since a vacation in Europe is not possible, take time out at home, to do nothing. Do the things that make you happy, irrespective of monetary returns. Practice the art of mindfulness and vipassana meditation to identify and address what’s holding you back on your journey.

Remember, sometimes prevention is cure. 

Trusted sources only.

Looking for the right funds for your business? Want to know what the status of the economy ACTUALLY is? Hand over your phone to a social media expert and ask them to remove content that might trigger anxiety in you.

Understanding and talking about empathy:

It’s important for you, as a business leader to endorse and break the norm. Make it okay, to not be okay. Encourage group talks and seminars to demystify the common beliefs people have about mental health.

Ask if your colleagues are doing okay, do not just work them to death because business is tougher than usual. This is the right time to check on them. Everyone is scared.

With the world falling into the social media void of misinformation and scary news, rise above. Pace yourself, We are all human.

And we are here, to help you with your business. Do not worry.


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