Email Adam Email
Financial
Mar 15, 2017

Managing Stress Can Lead To Entrepreneurial Success

Sponsored Content provided by Adam Shay - Director of VCFO Services, Red Bike Advisors

As my company continues to grow in scale, and as we work with entrepreneurs doing the same, I have realized that personal stress levels can get in the way of success and overall happiness.  I’ve found that when entrepreneurs make and invest time for themselves and their health, it pays great dividends. 

The remainder of this Insights article was contributed by Jessica Ahlum, Mindfulness Coach and CEO/Founder of Health Impacts.

Ron works hard. He gets what he wants. As the leader of a small but growing organization he had to jump in to sales role.

This is where his confidence cracked.

He was having a difficult time rebounding after challenging sales calls. Given this was the first time he had ever really faced rejection, he found himself losing sleep, being short with his kids and taking his wife for granted. He didn’t like who he was becoming and decided to take action to manage his stress.  He increased his days in the gym hoping he could sweat it out. He even joined a sales meet-up to learn insider tips for negotiating his way into the minds and hearts of his customers. Nothing seemed to help… until he explored mindfulness.

Mindfulness, at its core, is the ability to stay in the present moment without fixating on the past or future. This prevents us from getting hooked by the super-highway of ever-changing thoughts and emotions that race through our minds. Mindfulness as a concept is spreading throughout the corporate landscape as a method for improving productivity and agile thinking.

But how can this ancient wisdom be applied in modern workplace settings?

As a mindfulness coach and founder of Health Impacts, I know how powerful mindfulness is. I have supported hundreds of people in finding the calm in the storm of life through education, group facilitation, and one-on-one coaching. Mindfulness has served as a tool for personal developmental as well; there’s no better way to support others than to say “I understand. I was there once too.”

When Ron walked through my door, I shared my two-part approach to mindfulness. The foundation is to develop a formal practice of stillness - be it five minutes or 35 minutes. What matters is the commitment to stop the business of life and observe the thoughts, emotions and physical sensations occurring within us. This can feel impossible or pointless to begin, but like anything new, it becomes easier with time and gives us an almost instant “reset.” This practice helps us to manage stress, and that’s what most people are really looking to accomplish.

I have found that, for maximum benefit in day-to-day life, the formal practice of mindfulness must be coupled with an active application of seven principles: beginner’s mind; non-judging; non-striving; patience; acceptance; letting go; and trust. In order to call these skills into play when needed, we have to cultivate self-awareness, which is shaped in the formal practice.

Once Ron understood the two angles we would use to reshape his experience of stress, we created an “if-then” plan for an event he anticipated would be highly triggering - getting off of a rejecting sales call. This was a place to experiment with mindfulness in real life.
Here is a breakdown:

  • Beginner’s mind asks us to stop assuming. Ron was assuming that he had blown his chances at converting leads just because they didn’t buy immediately. This triggered fears of failing. By bringing a beginner’s mind we can remain open and curious. We can wait to see what happens.
  • Non-judging asks that we become detached from the judgments made by our minds. For example, that Ron was bad at his job. Instead, he learned to become an observer of his thoughts, which gave him power over them. He became aware of a negative thought and simply moved on, not fixating and ruminating.
  • Non-striving was a bit trickier for Ron, who is a high achiever. Non-striving is the ability to take a step back and allow things to unfold. Non-striving is the practice of not forcing things or over working, but doing your best and letting it rest.
  • Practicing patience, acceptance, letting go, and trust allowed Ron to move on in thought and action, becoming more present in the here and now. He learned to be patient with himself despite feeling, at times, like he was losing ground. He took the pressure off his prospective clients, accepting that they all had their own timeline for action. He learned to accept the fact that some days were more challenging than others, but that others’ reactions did not define his success. He was able to let go of negative thoughts and not dwell in memory of a call or anticipation of the outcome. He began to trust that life was moving in the direction of his intentions, even if didn’t always feel like it.
  • Ron’s ability to apply the principles of mindfulness was a skill built in time. He developed self-awareness, mental clarity and focus through his formal practice and was able to call to mind the principles that best served him during times of stress. It’s not that Ron’s stress disappeared altogether. It’s that he gained a new perspective over his experience of stress. He was no longer overwhelmed, and his relationships at home improved. This gave him emotional flexibility and freed up more mental space to focus on the things that actually mattered.
My goal today was to expose you to the ideas of mindfulness and the ways it can have a positive impact on entrepreneurs.

Jessica Ahlum, MA in Clinical Psychology, is the CEO and founder of Health Impacts. She is a certified Integrative Health Coach through Duke Integrative Medicine. For more information or to schedule a session, visit www.HealthImpacts.co or email her at [email protected]. Jessica can also be reached by phone at (336) 420-2887.
 
Adam Shay, CPA (N.C. License Number 35961), MBA, is managing partner of Adam Shay CPA, PLLC. He focuses on minimizing taxes and improving the financial results of entrepreneurs, and is actively involved in supporting the Wilmington entrepreneurial and startup community. For more information, visit http://www.wilmingtontaxesandaccounting.com/ or email him at [email protected]. He can also be reached by phone at (910) 256-3456.
 
 

 


 

Other Posts from Adam Shay

Redbikeadvisors block[55]
Ico insights

INSIGHTS

SPONSORS' CONTENT
Gretchen roberts 2021

5 Finance Topics Every Small Business Owner Should Master

Gretchen Roberts - Red Bike Advisors
Cfss headshots parker robert webversion 21422121214

The Latest Solar Scams and What You Can Do to Help Stop Them

Robert Parker - Cape Fear Solar Systems
Mcwhorter 0005

The Coastal Corridor is Helping Wilmington Startups With Connected Devices for Life Sciences Industry

Heather McWhorter - UNCW Center for Innovation and Entrepreneurship

Trending News

Passenger Rail Study Offers New Details About Proposed Wilmington To Raleigh Route

Emma Dill - Apr 22, 2024

Severe Weather Postpones Trump Rally In Wilmington

Emma Dill - Apr 20, 2024

Will NC Be CNBC's Three-time Top State For Business?

Audrey Elsberry - Apr 22, 2024

In The Current Issue

With Coffee And Cocktails, Owners Mix It Up

Baristas are incorporating craft cocktail techniques into show-stopping coffee drinks, and bartenders are mixing espresso and coffee liqueur...


Taking Marine Science On The Road

“My mission and my goal is to take my love of marine science, marine ecosystem and coastal ecosystems and bring that to students and teacher...


Info Junkie: Lydia Thomas

Lydia Thomas, program manager for the Center for Innovation and Entrepreneurship at UNCW, shares her top info and tech picks....

Book On Business

The 2024 WilmingtonBiz: Book on Business is an annual publication showcasing the Wilmington region as a center of business.

Order Your Copy Today!


Galleries

Videos

2024 Power Breakfast: The Next Season