Ashutosh Garg speaks about one of the biggest elephants in the room that most people tend to avoid addressing – entrepreneurial stress and the need for a business coach. He explains why every entrepreneur should have a coach who can guide him or her through tough times and give sound advice on a range of issues related to the company.Watch on YouTube
Most important thing for any entrepreneur is to keep his or her sanity because it's a thankless job or as someone says it's a very lonely job.
I tell a lot of people that when you set your milestones keep them bite-sized small. Milestones that you can keep measuring, that you can keep recording and that you can keep holding people accountable to.
The human mind has been conditioned to solving all the problems on its own because if you reach out to someone for help it is seen as a sign of weakness. Nothing could be further away from the truth than that.
I always tell people seek knowledgeable mentors, look for good advice and more often than not you will have someone who will put their hand up and volunteer to help.
When you start getting into a much larger scale it is the systems and processes that drive the organisation. Therefore, at each stage you need different skill sets to be able to manage it
Keep your head down, keep working, don't let problems hassle you, keep delivering, keep communicating with the people, and most importantly keep yourself fit enough to be able to work that 18-20 hours a day.
There is not a single day when you can say that I'm going to ease off. Even on vacations the phone was always on, email was always on, but it was fun!
An entrepreneur’s life can tend to be a lonely one. While you may have your family and loved ones rooting for you and a dedicated employee base watching your back, it is possible that you still end up feeling absolutely unanchored and directionless especially at difficult crossroads. Such a situation is compounded by the fact that most entrepreneurs shy away from opening up about their challenges or worries because they feel that they will come across as vulnerable or weak. Our mind has been conditioned to believe that we can solve everything on our own without seeking any external help. Unfortunately, this is a belief that often leads people, especially young entrepreneurs, down a dreadful path of self-doubt and mental burnout.
It is of utmost importance for every entrepreneur to understand that there is no one on this planet who can claim to have answers to everything. You may be fantastic at drawing business plans and pitching them to clients, but you may draw a complete blank when posed with questions on legal issues or aspects related to human resources. While such a gap in knowledge may exasperate you, please know that it is okay! It is in situations like these that you may want to look for experienced people who can counsel you and help you derive answers to questions that do not pertain to your area of expertise. Once you are convinced that seeking advice from experienced specialists is a good idea, you may start figuring out how and where to find such people.