Working for yourself can be overwhelming and running your own company or being an entrepreneur is stressful at times.
Almost half (45.8 per cent) of entrepreneurs struggle with high stress, a 2024 report from Founder Reports on Navigating Entrepreneurial Mental Health suggests.
And more than a third (34.3 per cent) experience burnout – all of which can have a major impact on mental and physical health.
April is Stress Awareness Month. So what better time for everyone to take charge of their wellbeing and discover effective ways to manage stress.
This year’s theme is #LeadWithLove and aims to empower people to approach themselves and others with kindness, compassion and acceptance, no matter what challenges are being faced.
In alignment with this, we spoke with five entrepreneurs who shared their one tip on how to manage a stressful day.
“When I do this I’m no longer feeling overwhelmed and stressed. In the world of being an entrepreneur and having a business, there will always be something to do. You just have to kind of make peace with the fact you’re not going to be able to do everything on that day.”
Take a long walk
CEO and founder of People of Color in Tech (POCIT) Michael Berhane launched his career and media platform in 2015 to support Black and underrepresented professionals in the tech industry.As an entrepreneur, podcast host of Techish podcast and a scout for Zeal Capital, London-based Berhane says managing a company can become quite overwhelming.
“When I begin to feel stressed, taking long walks – particularly in nature – makes a big difference,” says 36-year-old Berhane.
“A [philosopher] Nietzsche quote that I always come back too is: ‘Never trust a thought that occurs to you indoors.’ I interpret this to mean that thoughts formed when we’re stuck or stressed are skewed negatively. By pausing and stepping outside and moving my body, I come back to work with an accurate, clearer and more optimistic mindset.”
Take time to reflect
Edward Badu is the co-founder of Sutm’Light – a members’ community which aims to redefine the way people socialise and connect – and Sharp Edged – a social enterprise which looks to help young people from challenging backgrounds to thrive in society.
Badu, who has been an entrepreneur for six years, says that taking time out to reflect regularly and not get caught up in the race of what’s next is how he destresses.
“Being a man of faith and trusting has supported me massively over the past couple of years, particularly when running my own business,” says 30-year-old Badu. “I would always tell others to be where your feet are at. I think as entrepreneurs we are always thinking about the next thing but it’s important for us to reflect and be present in the moment.
“Prayer and reflection is a massive part of that for me. It gives you that sense of stillness. If it’s not faith that you want to focus on, simply reflecting is key.
“Sometimes you don’t know what’s going to happen, but having that sense of faith, knowing that things are going to be okay, it’s all what keeps one grounded and still.”
Meditating
CEO of designer clothing brand Raishma, Raishma Islam runs her global business from her London store in Marylebone and has done so for the past 25 years.
Speaking about her journey of first opening her own boutique at the age of 25, Islam says the main thing throughout her growth was being resilient, while changing and adapting according to the needs of the customer and economic climate in the UK.
Despite being in a competitive market, mum-of-two Islam says that meditation has got her to stay grounded and calm.
“I have an app I like to use called Medito and what I do is nine to 12 minutes of meditation. It’s really about learning how to deep breathe through your stomach, rather than your chest. Take deep breaths in and then deep breaths out and hold your breathe for about four to five seconds in between to get more oxygen into the body,” says 52-year-old Islam.