How To Stop Feeling Overwhelmed & Become A Successful Business Owner

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Want to be a billionaire? Your best shot may be by becoming an entrepreneur. According to the Billionaire Census results, the majority of the world’s billionaires run their own businesses. In fact, four out of every five billionaires were self-made through running their own businesses. These are very promising numbers, and they remain true for billionaires throughout the world.

Of course, not everyone starts his or her own business for the money, and very few business owners ever reach billionaire status. Luckily, there are a wide variety of other perks to running your own business, including but not limited to: working whatever hours are most accommodating to your schedule; spending more time with your children and significant other; working from the comforts of home; and making money by doing work that is meaningful to you.

Regardless of your financial situation or business aspirations, you might occasionally find yourself feeling overwhelmed or burnt out. If you’re feeling overwhelmed, scattered, or even just lacking motivation, it might be a sign that you need to refocus on the things that matter to you most. A good first step is to remove unnecessary clutter from all areas of your life. This can apply to your physical environment, your mindset or even your email inbox.

Business strategist and six-figure entrepreneur, Rebecca Tracey, recommends unsubscribing from unnecessary or unhelpful email newsletters if your inbox feels overloaded. Tracey says it is essential for entrepreneurs to quickly get focused, find clarity on any parts of your business that might still be fuzzy, and learn “how to actually convey what you do to the people who matter — so that you can move forward with confidence putting your business out there to the world.”

Removing clutter from your office and workspace can freshen up your scenery and leave you feeling refreshed and inspired. If your business has memberships in a shared workspace then this is even more of a reason to keep your space clutter-free. If you’re going to work in a shared workspace then it’s important they have the right equipment for your business – like printers and scanners. Because do you find it difficult to keep track of all your paperwork? One quick tip: scanning invoices is a must. Receipt scanners like those linked are used by large and small businesses as a way of speeding up admin and condensing your paperwork. It’s all about finding what works for you.

Additionally, whenever your mind is racing with so many big ideas that you’re not sure where to start, remember to refocus on the goals you’ve set for yourself this year. Need to hire more talent? This could be a great time to familiarize yourself with the types of interview questions you’ll want to ask potential candidates. Need to expand your customer base? Choose a starting place and identify the tasks that will support hitting those goals and that are aligned with the vision and values you have for your business. Need to send similar emails out frequently? Get templates such as an invoice template set up to save you and your workforce time to spend on other important tasks.

You might also want to consider taking a look at some of the amazing software out there that can streamline various aspects of your business. For example, if you’re a restaurateur, Restaurant inventory management software can help speed up your accounts and cash flow services. This can, in turn, allow you to focus on what matters most, serving your customers and maintaining a successful business.

It’s also important to surround yourself with the best possible people. Choose mentors who are supportive entrepreneurs who’ve seen success in their own businesses over the years. There are countless entrepreneur groups on Facebook — some with just a handful of members and others with thousands and thousands of members. All of these groups are ready, literally at your fingertips, and full of friendly, successful, supportive people who are willing to help you out if you ever get stuck, have a question or could use some help.

If Facebook isn’t your thing, chances are your local area has some entrepreneur groups as well. Try for ideas, or purchase some paid one-on-one business coaching sessions from a reputable business coach. If there aren’t any in your area, there certainly are many who would be willing to conduct private calls or Skype sessions with you.

If you are an entrepreneur or someone who dreams of running your own successful business full-time, you can put these tips into practice immediately. Start slowly implementing some new behaviors each and every day, while staying focused on your goals, and you’ll be on track to having the best possible year for your business.


About Author

Paul Towers - Founder @ Task Pigeon

Paul Towers is a 3x Entrepreneur and Founder of Task Pigeon. Join me on my journey to build an open & transparent startup from day one. Paul is also the founder of Startup Soda, a newsletter curating the best content from the Australian startup ecosystem.