Your entrepreneurial nature led you to tackle the world of small business. Your innovative thoughts, determination to succeed and seemingly endless energy converged to take on a myriad of challenges to begin this journey. And, while you are focused on things like growing your customer base, revenue, and reputation, who focuses on you and the associated fatigue and stress that happens when you are trying to accomplish so much? Starting your own business will challenge you on a number of levels, but learning to effectively deal with the stresses of change and growth will have a positive influence on you and ultimately your business.
Stress is your body’s reaction to a change in your environment. Our bodies are equipped to handle certain levels of stress, however, when you start to experience the physical and emotional effects of too much stress, your behavior can change as well. Using destructive strategies to deal with stress can be harmful not only to yourself, but potentially to your business. In order to better prepare you for this exciting adventure of new opportunities, it is important to understand the impact of stress and how to best manage it.
There are various mechanisms that can serve as stress relievers. Over time, we tend to develop our own coping strategies. However, it is important to understand that what we feel is the right strategy for us, may not be the most beneficial and can even be harmful to ourselves or those around us. The following strategies are examples of destructive or unhealthy coping mechanisms.
Unfortunately, at best these coping mechanisms may serve as temporary stress relievers, but ultimately leave us feeling more stressed.
A more constructive way to deal with stress is through healthy coping stills that prepare and provide long-term reliefs. This can be accomplished through emotional, cognitive and behavioral tactics that we can implement when faced with stressful situations. Constructive coping skills can range from:
Practicing and implementing healthy coping skills will allow you to better adapt to your ever-changing environment and maintain a positive perspective in stressful situations. With any skill we acquire, it takes practice to fully develop it. The more you practice the healthy coping skills the better equipped you will be. "Positivity and stress management have been my keys to success in business.", says Dr. Pelphrey of Pelphrey Chiropractic in Lexington.
As a small business owner, you are in charge of making essential decisions, alone. At times, the responsibility of these decisions can feel overwhelming. Sharing your concerns and daily stresses with professionals can help provide perspective and relief. Whether you are already practicing constructive coping skills and need help honing them or need help moving to more positive adaptive behavior, talking with a professional can help you achieve your personal goals.
LEXINGTON, Ky., (Feb. 14, 2017) – Kentucky Small Business Development Center is seeking nominations for the 2017 Pacesetter Awards. The recognition program was created to honor high performing, second-stage businesses that are changing Kentucky’s economic landscape. The deadline to submit nominations is March 15.
KSBDC encourages small businesses that meet the following minimum qualifications to apply:
· Privately held
· In business for three or more years
· Employ six or more full-time employees, including the owner
· Annual sales meet or exceed $500,000
· Located and headquartered in Kentucky
·Demonstrate the intent and capacity to grow evidenced by the judging criteria.
Pacesetters will be selected based on two or more of the following criteria:
· Growth in the number of employees
·Increase in sales and/or unit volume
· Innovativeness of the product or service
·Response to adversity
·Employee engagement and commitment
·Contributions by the nominee to aid community-oriented projects
Pacesetters will be recognized at the Kentucky Celebrates Small Business event held at the Capitol rotunda in Frankfort during the first week of May. Each honoree will receive an award inscribed with the business’s name and a promotional video for their own use that highlights the business. In addition, KSBDC will send a customized press release announcing the award to local media and trade associations. Honorees are given the rights to use the Kentucky Pacesetter logo and event photographs in promoting their business.
Anyone may submit nominations, including third parties associated with an eligible second-stage business. A business may self-nominate by completing the required form. Winners will be notified by March 27. Full nomination requirements and the application are online at https://www.ksbdc.org/kentucky-pacesetters1 .
The Kentucky Small Business Development Center, part of the University of Kentucky College of Agriculture, Food and Environment, is a network of 12 offices located throughout the state. The center helps existing and start-up businesses succeed by offering high quality, in-depth and hands-on services. KSBDC is a partner program with the U.S. Small Business Administration. More information on KSBDC services can be found on their website, http://www.ksbdc.org/ .
Writer: Roberta Meisel, 859-257-0104
UK College of Agriculture, Food and Environment, through its land-grant mission, reaches across the commonwealth with teaching, research and extension to enhance the lives of Kentuckians.