Business Ups And Downs
Entrepreneurship is a roller
coaster ride. You watch the journey from afar and get excited. Your
adrenaline rushes through the roof as you step onto the roller
coaster and brace yourself. But then there is a climb before the
speed increases. Your stomach goes up to your neck, you see people
on the floor who look like ants, and you wonder why you stepped on
the boardwalk in the first place. From his new perspective, those
who don’t travel seem to be in much better shape.
When a start-up
entrepreneur invests his savings into a cocktail napkin idea, he’s up
and looking at the site 9-5 Healthy.
If you are a start-up
entrepreneur, here are three things to keep in mind:
Know your goal. You
come up with a concept or product that is going to entertain,
improve, help or heal people. Define the real reason for your job
and keep it in mind at all times. Get your lenses tattooed if that’s
the most important thing for sure. If you believe in the purpose of
your startup, the memory of yourself will keep you going. Say this
goal when you’re at the office and your friends and family are
posting highlights videos of your Saturday nights to Facebook.
Better yet, don’t check Facebook if you’re at the office on Saturday
Find other crazy
people. Surround yourself with other entrepreneurs. Find a group
like the Entrepreneurs Organization and take a deeper look. Enter a
forum where you can talk about how this new business is affecting you
and those around you. When you find others riding a similar roller
coaster, or better yet, they were on your first roller coaster and
are now flying higher, you will gain confidence and feel rejuvenated.
Plus, like-minded people may have thoughts and comments that might
make your swoon a little bit smaller.
victories. Set daily, weekly and quarterly priorities to help keep
your business moving. Celebrate when you reach him. You may be
alone at the party, but well, more cake for you. As a start-up
entrepreneur, you may not be able to celebrate with Crystal and
Ferrari, but you can reward yourself for three days without
technology. No email, SMS or Excel spreadsheet for three full days.
Now there’s a reward. Inspire the little ones to take big steps by
If a roller coaster was
easy, everyone would ride it. This slope separates the successful
entrepreneur from the aspirant. The faster the inclination, the more
momentum you will have for the rest of the Startup Business course.
What is up?
Positive moments are
usually expressed in business success stories. Even its debut can be
seen as a positive moment. This could also be a time when the
company is recovering from the crisis.
The problem with
volatility is that during this time we often make fatal mistakes that
lead to a downturn in trading. These mistakes could be wrong
decisions, bad investments, bad transactions or partnerships.
What is Depression
While bad times often
seem like failures, they are not always. A period of inactivity can
be a period when the company does not see any increase in sales.
Most importantly, this is the time when most of the business activity
slows down or does not perform as expected. Employees may be in
distress, struggle, or lack the resources to keep the business at a
How do you manage
Yes, sometimes the ups
and downs of business make you sick. You want to give up, unbuckle
your seat belt and stop. But you won’t and you shouldn’t. You know
why? Because you get used to it and going back to where it was
before seems boring. And above all, because what separates a winner
from a loser is that the winner tries again after the loser.
So, if you are dealing
with the ups and downs of business and you don’t know how to deal
with them, take some notes on the examples given below. 24
entrepreneurs share their secrets.
Small victories happen
much more often than these big milestones, and when you see them, the
energy remains positive and upbeat. Burnout is not so much a lack of
milestones as the distance between them.
Many good things happen
in small businesses, and learning to celebrate those little things is
important. Thriving means letting go of tough times at your own pace
– focusing on the good news, good times, and good results, no
matter how small, creates a positive attitude.
Focus on moving forward
There will be ups and
downs so you have to calm down both to stay energized throughout the
process. Concentrate your energy on constantly moving forward and
upward, and keep your energy in the same position as in the downward
movement. You will burn yourself with all the ups and downs by
getting caught up in your own hype.
Look at the silver
Even though tough times
make it incredibly difficult for companies to survive, remember that
there are two sides to every coin. So focus on the positive aspects
of tough times. I have seen many entrepreneurs get nervous about
situations like packing their bags and leaving the market, which
prevents them from trying new avenues and new business models.
Highly recommend pooling your savings and policies to keep your
business from collapsing. To get through these tough times, you must
continue to heed the archaic community-speak approach to getting the
Such circumstances also
force us to renew and update our business model and look for ways to
bring about change. Use the hard times to reflect and grow as a
Mastering the ups and
downs of running a business is like a great routine outside of the
workplace. Balance your family life and do daily activities that
relax you. If yoga or meditation works for you, take the time to do
it during the week. Everyone is different and it is really about
taking care of your individual needs for a healthy mind.
Write a journal
Write a diary. It
allows me to empty, reflect, take breaks, and analyze situations.
There have been cases where we’ve lost customers, had technical
problems, or had conflicts with team members. Meanwhile, my daily
writing has helped me take a step back and find my balance.
The second is my
exercise program. Following an exercise routine no matter what was
going on in my business keeps me fit and healthy.
To be fair
Equanimity is a
Buddhist doctrine that emphasizes that a person should fundamentally
intellectualize one’s emotions and try to focus on how one feels when
feeling that emotion, not on that emotion. Instead of dwelling on
the thought or problem that triggers them. Ultimately, you will
neutralize the negative emotions associated with the lows and avoid
the distractions of the highs.
Remember your roots
Think about where we
started, how far we have come and where we are today. Trying to
transform a company from a vision to a global brand is easy to
discourage and burn. We have founded the organization with the
belief that art should be accessible to all and it is very important
to remember the mission in difficult times; It is important to
maintain the same enthusiasm and enthusiasm that you started with.