How can you build resilience when starting a business?

Business is something which requires a good amount of focus and curiosity to learn new things. I started my business KG (kinder garden) a decade ago and learned that new achievement and work satisfaction is the key reward. I failed many times and due to that I learned many times.

One thing i have learnt over time is getting ‘clarity’ . Clarity of purpose. When you know exactly what you want to achieve and why you want to achieve it you have clarity. When you have clarity you have an inbuilt ability to keep going no matter what therefore increased resilience. Resilience and the ability to bounce back , the ability to keep going can only be executed correctly when you have clarity . Clarity on your purpose. Your reason for doing what your doing and why you are doing it !

Your purpose or your “why” needs to have a concrete vision of what the outcome would look like. When you have a strong vision/timescale and attached positive emotions you are more likely to keep motivated when things get tough. Equally, sharing your purpose and vision starts to define your ideal customer and messaging.

Considering your failures and tough times is a part of our journey in the entrepreneurship. To build resilience. 1. Maintain a positive mindset 2. Set achievable goals 3. Foster adaptability. 4. Build a strong support network 5. Prioritize financial planning 6. Learn from failures. 7. Efficient time management

You build resilience by practicing resilience. It is the same practice as body building. Once we set our intention on something we may then place our attention accordingly. Remember this- “It takes courage to make the right decisions in business”.

Building a supportive network is critical to resilience in building a business. Having people there who are helping you along, what could be a lonely, entrepreneurial journey cannot be measured in terms of vision, comfidence and making progress. A network of associates, peers, partners providing tools and insights, shared experiences are invaluable, and having that network as a 'go to' resource is priceless.

Know this- an Owner or CEO/President is forever Recruiting - Closing and Managing. In all things. She or He is recruiting clients, personnel, peers, investors, mentors, mentees and the public. Recruiting them for their purpose, potential or fellowship. Closing them in the way they will see benefit in you and will become a part of your current and or future. Manage these relationships while not always clear as to when or where they may benefit/contribute. Recruit-Close-Manage

In addition to seeking advice and resources, a robust support network plays a crucial role in amplifying your business presence. Having advocates who passionately speak about your brand in various circles not only extends your reach but also creates a ripple effect of credibility. Your network becomes a dynamic force that not only believes in your venture but actively promotes it, opening doors and fostering collaborations that might not have been possible otherwise. This collective belief in your success becomes a powerful armor against the inevitable challenges, helping you bounce back with renewed vigor.

Your network is your net worth. Here’s something i found helpful . Have a look around your network and each person in it . What value do the add for you personally and professionally and in turn what value do you add to them. Create win win situations and relationships and you will have more fruitful outcomes. This builds confidence and resilience that you know you have what it takes and also who it takes to build your business . You can go so far alone but we can always go further together. Strength in numbers = team

Entrepreneurship can be isolating, so building a network of mentors, peers, and advisors is vital. These connections provide not just emotional support but also diverse perspectives and advice.

Accept that uncertainty and setbacks are part of the entrepreneurial journey. Viewing failures as learning opportunities rather than defeats is key to resilience. Each setback is a chance to refine your approach.

Entrepreneurship is simply understanding that the path to your goal is most likely going to be difficult, painful and costly. By becoming an entrepreneur you agree to this path whether you realize it or not. Something I teach my students/ clients is to seek out uncertainty and failure points. Actively pursue failure. Never set a goal that you are sure you can attain. Set goals that you know are possible, however, it's more likely you will fail to reach them. If you accidentally work so hard you achieve the goal, then that means you're capable of so much more than you believed you were. If you miss your goal, you will still be so much further along than when you started. Pursue failure, find uncertainty and scare yourself. Stay sharp!

You as founder have to realize that your personal wellbeing should be a top priority, because you are the northstar for your organization and if you burn out the people that will feel it are your employers. So, it is important to prioritize your own wellbeing from time to time and take acive breaks. What has helped me is to shedule days off and to not see them as a day off but a day that I need for my own personal development to recharge and afterwards I am often much more productive

This is so so important and i don’t feel there is a one size fits all. For example we can all operate on different levels of sleep etc . What i would say is this. You can always add more value , be more , do more , perform better when you yourself are at your optimum , you are fit and healthy in body and in mind. Entrepreneurs like me often find it hard to switch off, there minds racing all the time , here’s something that helps me be more resilient. I take moments to myself , 15 mins for mediation, 30 minutes of switching my phone off, weekends off social media, gym 3 times per week , taking up a hobby , finding some balance - in my mind first that then translates into balance in my physical life.

I think it is good to look for new things and challenges when learning. It makes you stronger and better. When I was in school and university, I wanted to code and make software. I learned a lot online with articles, videos, etc. and participated on answering questions on forums. This helped me learn coding and learn from other people's mistakes. So, looking for new things and challenges is great for life. It can help you achieve your goals and dreams. You should try it too. ??

Growth is key. When we grow we grow our resilience. We grow by facing our fears and making breakthroughs in business and in life. Have your radar up for new opportunities and people to collaborate with . Growth can come from these new situations and new people , you can learn about new areas and also new skills. It could be something small like a communication / sales technique that you can bring back into your core business and improve. Continuous improvement is the name of the game and your resilience increases as a result.

Resilience is often built through overcoming challenges. Actively seek new experiences and opportunities that push you out of your comfort zone. This not only fosters personal growth but also innovation within your business.

At the same time it is very important not to loose your focus. I see so many founders who jump from project to project and failing to execute on their core business

The key lies in embracing challenges as opportunities for growth. ?? Foster a culture of adaptability within your team. Encourage open communication, iterate based on feedback, and celebrate both successes and setbacks as valuable learning experiences. ?? Remember, resilience is not just about bouncing back but bouncing forward! #Entrepreneurship #Resilience #Business #Growth #LEP #strongertogether ????

Building a startup from zero to brand is challenging and requires a lot of passion, dedication, patience, support, network, empaty, etc, etc. What I always suggest to Startup Founders is, - embrace a growth mindset - learn and improve from failures - be open for challenges - create a robust support system - set realistic milestones - celebrate small victories - and most most most importantly, prioritize ????????-???????? ???? ???????????????? ???????????????? ?????? ???????????? ????????-??????????, as resilience often stems from a healthy mindset Understand that resilience is a journey rather than a destination, each hurdle overcome from the ability to perform from a cool-headed mindset.

What no one talks about is the profound sense of solitude in entrepreneurship. Even when you have a co-founder or a great team, or very supportive partner, family, and friends, or experienced mentors and hands-on investors... Very quickly you realize that as a leader – which is essentially what an entrepreneur is – certain responsibilities and emotional burdens must be borne alone because how you portrait yourself can affect others, affect the morale and success of the business. The reality is that no one can genuinely be in the same place and at the same time as you are emotionally. So be prepared to accept that challenge and just know that you have it in you. The strength you need is not from an external source. Look inside yourself.

When your business is YOU, it can be hard to distance yourself from its successes and failures. You are not going to be the right fit for every client. Not everyone is actually ready to change, even if they thought they might be when they set up the introductory call. And events you have no idea about happen all the time. A potential client going quiet doesn’t mean they’ve taken against you - for all you know they just got a puppy that’s taking up all their time (just one of many true stories.) Hello coaches in particular! We’re all have to make a living. But your worth is the change you help your clients to make, not the number of people on your books.

Maintain your focus: Whenever a hunting lion spots an antelope and starts the chase, it cannot afford to loose it's focus of the next meal and it keeps the chase until the antelope is down. In the same way, you need to maintain your focus despite all the distractions that will come your way! Keeping your eyes focused on the goal will ensure that your resilience is not only built, but it's sustained. Maintain the focus!