Beat the blues with your own business
The guardian recently ran an article on the psychological cost of running your own start-up business. Niall Harbison describes living what his friends refer to as ‘the entrepreneurial dream,’ and suffering with depression none-the-less.
Finding this topic quite an interesting one, I engaged in a little investigation, and consequently discovered a plethora of articles on the subject of mental health and start-ups. Not surprisingly, given the touch-and-go nature of running a business, many entrepreneurs suffer from stress, anxiety and feelings of worthlessness or failure. Unlike standard employment, working alone as a sole trader, or heading a company, comes without a fixed salary and lacks security.
Interestingly, many entrepreneurs share innate character traits which render them more vulnerable to mood swings, low self-esteem and a restless attitude. These same traits, (energetic, creative, motivated and passionate), mark individuals out as perfect entrepreneurs, making the mind-set a bit of a double-edged-sword.
“The same passionate dispositions that drive founders heedlessly towards success can sometimes consume them” – Inc Magazine.
On the brighter side…
There are so many positives to running your own business, from choosing your working hours, taking long lunches and celebrating “Whacky Tie Friday’ every day. (See Dare to Dream: Be Your Own Boss for more benefits.)
Running a business comes with it’s own stressors, so it’s understandable that so many of us become ill during the process. Lonliness plays a big factor in depression – feelings of isolation and the belief that no one will understand are contributing factors; but it doesn’t have to be that way.
At indycube, we believe that working for yourself doesn’t have to mean working by yourself. With so many coworking spaces available across Wales, finding company and comfort in the workplace has never been easier. Lonliness doesn’t have to be part of working alone, nor does struggling with psychological issues, feeling there’s no one to turn to.
Using a coworking space as an office rather than the kitchen table or spare bedroom will also help incorporate routine and structure in the working day – something positive which many sole traders and freelancers find they lack. Tempting as it is to stay in bed sometimes, knowing that you have an office space to get to, other business owners to chat to and a clear desk-space all of your own can be a huge help with productivity, as well as with your mental state.
Why not pop into one of our indycube offices using a Free Day Pass? We’ll get the kettle on…