for Sale, May 6
MAY 16, 2000
or starting a small business always carries
a degree of financial and personal risk. Failure
rates are high in the early years, but even
those businesses that prosper often go through
can you best deal with them? How do you keep
a positive attitude when you hit the really
rough patches? And if some people deal better
with major business problems than others, what
are their characteristics and what can we learn
people who deal best with adversity are distinguished
by a belief and trust in themselves and their
abilities, according to life coach Lorna Stewart.
they believe in themselves they will find a
way through or around any roadblock. It will
give them the persistence to keep looking for
the right strategy or solution even when it
seems impossible," Stewart says.
are willing to accept new challenges, but if
something fails they learn from their mistakes
and empower rather than disempower themselves.
'why is this happening to me?' is disempowering
and can flip someone very quickly into victim-land,
whereas asking 'what can I learn from this situation?'
is empowering and opens the doorway to possibility
and choice," Stewart says.
David Wood, director
of SolutionBox.com, believes that those who
cope well with adversity have realised it actually
does not matter.
strive for control and security, but it doesn't
exist. People who deal best with adversity are
those who don't complain or suffer, but take
it as a lesson and part of the game," he says.
Dr Mark Naim says it is important to be centred,
balanced, and have a business philosophy of
being of service to the community rather than
just solely making money.
need to learn to be yourself and have a diverse
and full life. It's important not be attached
to any one outcome, but to always stay in the
area of choice," Naim says.
Rock, managing director of Results
Life Coaching, has five survival tips for
dealing with times when things go from bad to
do not panic
is the biggest immobiliser. Once you are in
panic mode, serious trouble seems to have a
way of sniffing you out," Rock says. Get your
mind off the problem at least temporarily by
spending some time on other things - your family,
friends, a hobby. Focusing on something else
is a more effective distraction than trying
not to think about business issues.
get the full picture
not avoid dealing with the problem. Get all
relevant details so you know exactly what you
are facing, as fear of the unknown is often
more debilitating than the actual situation.
If things are as bad as you fear, at least you
know what you are dealing with.
is easy to feel forced into hasty decisions
in a difficult and fast-moving situation. Slow
down, and fully consider the implications of
what you are doing, particularly for the long
term. Perhaps check your emails only once a
day and advise people you are going to take
24 hours to consider any issue before answering.
they are going through troubling times, many
people do not want others to know about it.
Pride, the belief that they should be able to
handle it themselves or not wanting to trouble
others are usually the causes. Rock says men
are especially bad about seeking help, but plenty
of women also fall into this trap.
we are going through difficult times, our family
and friends often want nothing more than to
know how they can really help us. Tell a few
close people, and you might find your load lightened
and new ways of approaching things."
focus on the long term
that everything passes, and many entrepreneurs
have come close to losing everything at least
also recommends having a vision about your future
(in written or pictorial form) to inspire you,
along with a mission statement that reminds
you why you are in business.
technique is to write down 10 or 20 things in
your life for which you are grateful - at the
very least it will get your mind off business
issues and focus you on positive aspects of
a heavily stressed and over-tired mind does
not deal well with problems, regular exercise
and relaxation can be very powerful routes to
a more positive attitude.
of my clients identified the main thing stopping
his business growing was that he was spending
all his time on it. He was overwhelmed and exhausted,
came across as desperate and drove customers
he's devoting more time to his surfing and his
relationship, he's more effective with his time
and he's listening to his customers' needs.
Things are now turning around for the better,"