There is a relationship between entrepreneurs’ personal wellness and business growth. Entrepreneurs are happy when they balance their drive for personal happiness with the success of their businesses.
The entrepreneur is more important
Scholars from Cantillon (1755), Say (1800) and Schumpeter (1911) to latter-day theorists agree that entrepreneurship is about the entrepreneur, innovation, commerce and the economy. However, pragmatists concur that the most important factor in entrepreneurship development and management is the entrepreneur.
- Beautiful but broken life
The enterprise, family members, government and the society put pressure on entrepreneurs. But their sweet dreams can turn sour when they are unable to manage these demands.
Olaide slouched in the chair. The psychiatrist’s smile offered only fleeting hope. His intermittent sighs interrupted the office tranquillity like an amateur’s strike of gangan, the talking drum. His mind raced feverishly to the past. It had been two and half decades. He had had everything going for him except Sisi, his beautiful wife.
Sisi wanted a divorce. She had been loving and caring. Everything changed. His years of labour blown away! He had built a successful business but was left with shattered life he did not bargain for.
There was money, fame and prestige. However, he neglected his wife’s emotional needs and was not there for his children all these years. In life, an individual could have a fair share of weal and woe, but the latter seemed to overwhelm Olaide and sent his life spiralling downhill beyond recovery.
- Where the future begins
Anybody who is not willing to invest energy, time and resources to build personal life and family should not venture into entrepreneurship. Adult life is worthwhile when there are happiness and self-actualisation. The journey begins the day the start-up commences.
- Balancing acts
Entrepreneurs that seek health and wealth have to balance work and life. These principles enrich the process of building the capacity of a successful entrepreneur.
- De-clutter the mind
Entrepreneurs live on the fast lane and are often stressed out. They should step back from time to time and learn to change lanes to clear their mind of stress. They can exercise, run, jog, walk or talk to friends. They can read books or keep journals. There is a need to set up processes in the business so that routine decisions are on auto-pilot and employees do not keep coming back for answer to every question.
- Innovate work-life flexibilities
Entrepreneurs should learn to use basic technologies to get better at their work. They can use telecommuting and teleconferencing, for example, to improve work processes and upscale service delivery channels.
- Set boundaries
There is a limit to pursuit. Entrepreneurs should stay focused. A desire to make everybody happy often results in disaster; everybody ends up getting upset and displeased. The truth is every demand cannot be met. It is not every professional association one can join. It is not every business meeting one can attend. It is not every offer one can take. Whatever an entrepreneur is known for should be done professionally and satisfactorily at all times to target markets.
Entrepreneurs cannot do everything themselves. The most effective and efficient of them are still human. They achieve more at work when they engage to work for them people who are qualified, competent, willing, reliable and trustworthy.
Alternatively, they can use systems-approach to work, deploy technology or outsource their non-core business operations to service providers with competences to support their enterprises.
Work does not kill but work without rest can be lethal. Entrepreneurs rest to recover from fatigue, illness and stress. Rest may be more beneficial than drugs when doctors advise it. Entrepreneurs should establish a flexible routine to rest and relax both their body and mind. Meditation is therapeutic. Adequate sleep is necessary always.
They should indulge regularly in body massage. Simple tricks such as brushing the hair and cold shower could be magical.
- Regular medical check-ups
Busy entrepreneurs often forget to schedule medical check-ups. Others postpone or skip their appointments till they break down. Entrepreneurs are always pushing the limit. They need to have routine medical check-ups monthly, quarterly or annually depending on their health status. Basic portable medical devices such as blood pressure and blood sugar level monitors should be handy. Entrepreneurs should resist the temptation of self medication and ensure their doctors are phone calls away.
- Family matters
Even celibate entrepreneurs have families. No human is an island. It is the family that lends support when push comes to shove. When the future comes, the family may not be there if it has been sacrificed to build a fortune. Entrepreneurs should love the family in words and deeds. They should spend more time with them. They should communicate more with their spouses and children. They should live, plan, pray, eat, laugh, cry and grow up together. These moments create motivation and memories for the future.
Entrepreneurs should stay healthy to stay wealthy. The alternative is not attractive. When work is balanced with life, everybody in the entrepreneurship value chain including the entrepreneur wins.
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