Maintaining the Positive as an Entrepreneur and Business Leader

Navigating the landscape of fundraising is challenging and daunting enough, yet the demands of operating a business far from come to a halt during the process. Amidst this whirlwind of attending events to overseeing the business to conveying your vision to investors, you may face the pressure of limited funds while in the process of raising. With the circumstances, it will be even more crucial to strike a delicate balance between these competing responsibilities and your mental health. We opened up a?discussion?with leaders in our 10H community and gathered 4 different ways they remain positive in the face of fundraising obstacles.?

1. Be mindful of your ultimate objective?and connect to your vision. Staying focused on your “why” can provide a powerful source of motivation and purpose that?propels you forward, even in the face of adversity.
2. Build a like-minded community?of friends and founders who can support you and lend you perspective especially when times get tough. This may be different from your family members or close friends.?
3. Create a gratitude or habits journal, recording daily reflections on three sources of peace and three accomplishments. This mindful practice allows for a tangible representation of your growth and development.?
4. Do not make decisions based on emotion.?Be objective with your data and allocate time to areas of your business that require the most attention. One of our advisors, Alison Koplar Wyatt illuminates, “For example, if you were running out of cash in the business, then revenue or fundraising is absolutely where you should be spending your time. I would track how well you convert…”?

Overall, navigating the challenging landscape of fundraising on top of your business responsibilities requires all entrepreneurs to find a balance between work and mental health. By staying connected to your ultimate goal, building a supportive community, maintaining a reflection journal, and making data-driven decisions, these strategies have helped entrepreneurs like you stay positive in the face of great adversity.

Join the 10th house to start building your supportive community today.