On June 15th our CEO Nunzio Presta participated in Startup Canada’s well known Twitter #StartupChat. This chat talked about mental health and entrepreneurship.
The life of entrepreneurship is one of variables, fluidity, perpetual unknowns, and excitement. Often times, entrepreneurs are subject to stressful conditions that take a toll on their emotional well-being. How can entrepreneurs remember to make their mental health a priority and what are ways they can combat the everyday stress and unknowns? Here is a recap of the chat:
Q1 Let’s begin! What steps do you take to take care of your mental health? #StartupChats BuyAndSellABusiness.com
A1, Part 1: I value my family time and understand who I am as a person and where I want to be (professionally & personally) #StartupChats
A1, Part 2: Also, I try to eat healthy, sweat at least once a day, be a nice person, set realistic goals but also dream big! #StartupChats
Q2 Why are some reasons entrepreneurs can be subject to mental health problems over other professions? #StartupChats BuyAndSellABusiness.com
A2, Part 1: Expectations & purpose! Having a goal to create a Unicorn is necessary, however, understanding your why is vital! #StartupChats
A2, Part 2: The why shouldn’t be to get rich…it should be to add value to the world! This is where most ‘Treps go wrong! #StartupChats
Q3 What are some warning signs entrepreneurs should look out for when monitoring their mental health? #StartupChats BuyAndSellABusiness.com
A3, Part 1: I think it’s simple – if you are unhappy, have sleeping problems, feel anxious or worried, seek council! #StartupChats
A3, Part 2: Steve Jobs says it the best! #StartupChats (attached image)
Q4 How can entrepreneurs balance their work from activities that fend off depression like exercise, eating well, etc? #StartupChats BuyAndSellABusiness.com
A4: Make it part of your day, schedule it in just as if it were a meeting or dev. session!! Look at it as a priority #StartupChats
Q5 ‘Treps can attach themselves to their work & in the case of failure, lose self-worth. How can that be overcome? #StartupChats BuyAndSellABusiness.com
A5: Look @ it in a positive way, ex: a learning curve, a step closer to success or pivoting to something that was meant to be #StartupChats
Q6 How can entrepreneurs manage their expectations better to expect the best but accept the worst? #StartupChats BuyAndSellABusiness.com
A6, Part 1: This is tough…I think you need to stay as positive as possible, work hard but also have realistic expectations #StartupChats
A6, Part 2: You have to ensure you love what you do and have faith that things will just work out & #StartupChats
A6, Part 3: if they don’t then that’s the universe telling u that you’re meant to do something else! Run w/ that, don’t let it hold you back #StartupChats
A6, Part 4: Ex. when hockey didn’t work out 4 me, I had 2 choices: 1) Cry about it 2) Pick myself up & do something special #StartupChats
A6, Part 5: My failure in hockey allowed me to find my passion for creation and entrepreneurship! This is the beauty of it #StartupChats
Q7 What should people know about the life of entrepreneurship before plunging into it? #StartupChats BuyAndSellABusiness.com
A7: It’s hard work, but rewarding, especially if you are doing something you are passionate about! No fluff, it’s the truth! #StartupChats
Q8 What kinds of habits should entrepreneurs try to form to combat the possibility of arising mental health issues? #StartupChats BuyAndSellABusiness.com
A8: Prioritizing your health & family time! Eat healthy, sweat once a day & try to visit family as much as possible #StartupChats
Q9 How can entrepreneurs reframe failure & loss in order to remain mentally healthy?#StartupChats BuyAndSellABusiness.com
A9:@garyvee says it the best “there’s going to be hard blows you’ll have to take along the way. Shake it off and get back up” #StartupChats
Q10 How do societal standards of strength & leadership create an enviro. where ’treps don’t want to speak out/up? #StartupChats BuyAndSellABusiness.com
A10, Part 1: Being an ex-professional hockey player I can relate to this, but even the strongest of the strong have doubts & .. #StartupChats
A10, Part 2: times of darkness. Remembering you’re not alone in this is extremely important! Turn to mentors, family & friends #StartupChats
A10, Part 3: also being part of a community like @Startup_Canada is great…you have access to ppl that care, like me!!! #StartupChats
A10, Part 4: Us #entrepreneurs need to stick together, collaborate, strengthen each other & change the world for the better! #StartupChats
A10, Part 5: Did u kno that mental health also affects successful ‘Ttreps, not only the failing ones? We are in this together #StartupChats
Q11 – Are there resources ‘treps can use to help battle depression, anxiety, & other mental health issues? #StartupChats BuyAndSellABusiness.com
A11, Part 1: I’m unaware of any resources…that’s why I recommended this topic! I would love to discuss this more… #StartupChats
A11, Part 2:There has to be an environment or resource created where entrepreneurs are not afraid to get help #StartupChats
Q12 What can entrepreneurs do in times of high-stress, turbulence, or failure to overcome anxiety? #StartupChats BuyAndSellABusiness.com
A12: Live to fight another day & understand that tomorrow will be better than today! Look at everything from a positive angle #StartupChats
Q13 Entrepreneurs often face isolation; How can isolation be overcome? #StartupChats BuyAndSellABusiness.com
A13,Part 1: Being an entrepreneur can be lonely, that’s why reaching out to communities like @Startup_Canada is so important! t#StartupChats
A13, Part 2: Also…visit your family! I know when building a business this can be hard, but make it a priority…it allows #StartupChats
A13, Part 3: you to come back to what you were doing with a fresh mind and soul #StartupChats
Q14 How can improving the conditions for SMEs in Canada take the edge off the possibility of failure for entrepreneurs? #StartupChats BuyAndSellABusiness.com
A14, Part 1: Increasing the entrepreneurial culture & risk tolerance; having easier access to capital for growth &… #StartupChats
A14, Part 2: creating entrepreneurial ecosystems that can add value to the world and turn Canada into an innovation nation! #StartupChats
Q15 Actions speak louder than words. How can entrepreneurs look out for each other & do more than talk? #StartupChats BuyAndSellABusiness.com
A15, Part 1: Reach out to one another, even if you are competitors! Collaboration (professionally or personally) is key to this #StartupChats
A15, Part 2: This is one area that Silicon Valley is positively known 4, entrepreneurs & competitors actually help each other! #StartupChats
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Nunzio Presta is the founder and CEO of BuyAndSellABusiness.com. BuyAndSellABusiness.com is an online marketplace where members can buy, sell and grow businesses or franchises every day. Join our growing community today for free.
First published under our former name, BizON.
