Tips to Manage Entrepreneurial Stress

Having your own business is exciting but it is stressful at the same time. Right from cash flow to pitches and maintaining work and personal life, things are quite difficult to manage many times. But you should know that stress can affect your energy, creativity, and judgment. When you find yourself unable to balance things well, it leads to stress and anxiety. However, it is not that difficult to manage if you know how to do it. Jignesh Barasara, a successful entrepreneur in India says that if you know the leading causes of stress, you will be in a better state to relieve it.

You must be thinking about the ways that you can do to provide yourself with some relief. As an entrepreneur, you should do the following to keep stress at bay:

  • Keep notes

You may or may not know but writing down things can be a great way to remind things as well as it will act as a therapeutic method to vent. You should create a to-do list and set some goals. This simple process will always keep you motivated and on the right track throughout the day at work. In addition to this, you will feel positive when you check the box or cross things off after completion. It is believed that writing things will release a lot of stress that you were feeling.

  • Find some time for yourself

Vacation is not just a word. It is something that will help you rejuvenate. Additionally, planning a trip will allow you to get all your things done in the present. As per Jignesh Barasara, skipping calls, emails, messages, etc. will do wonders for cognitive health. Furthermore, it will also help you improve your quality of life as well as work. Working hard for something is important but relaxation and rest are even more important if you want to achieve long-term success.

  • Exercising will bring positive effective

When you work out, it will help you release endorphins. As a result, you will feel relaxed. If you do not want to indulge in the activities at the gym, then do not worry. You can play any sport of your choice. It will not only be fun but help you channel all your energy in the healthiest way possible. It sounds more intense to you? You can also opt for walking, meditation, yoga, aerobics, etc. for equal benefits.

  • Opt for a healthy lifestyle

Keeping your lifestyle healthy is a must to have a positive mind and body. For this, you must have a balanced diet. Additionally, sleep adequately as it will relax your mind by taking all stress and tiredness away.

  • Start saying NO

Saying yes all the time is not a healthy practice. Hence, it is important that you learn how to say NO whenever needed. Stretching too thing is not a good thing as it can bring physical, emotional, and financial issues. Moreover, you should understand that you cannot be present at every place or you can solve every problem coming towards you. So, when you feel that a certain situation is out of your control and you are unable to fix it, be clear with that.

Final words

Stress is quite an obvious thing that will come to you no matter what. Whether you are running an empire or just starting your entrepreneurial journey, you may feel stressed. But Jignesh Barasara suggests the above-listed tips so that you can control and manage the entrepreneurial stress easily. So, whenever you feel like nothing, just take a break and sit quietly for a few moments to feel better.

Why Entrepreneurship is better than a Job?

Many of us harbor some beautiful dreams of starting as an entrepreneur and becoming a big name in the industry. However, not everyone is bold or confident enough to follow the path of entrepreneurship. There is no denying fact that entrepreneurship requires immense hard work, discipline, and dedication to survive and thrive. Entrepreneurship is challenging but can truly be rewarding – Jignesh Barasara is a well-known name in the industry and a successful entrepreneur.

Do you know why being a business owner is better than being an employee? We are not saying that working with a firm is a bad idea, but entrepreneurship has its own charm. Check out the following points to know why it is a good option for you:

  • Be your own boss

When it is your venture, you can call the shots. There will not be anyone to ask you about things, reports, or give orders to you. It is all up to you – actions, ideas, thoughts, and plans everything will be yours. The feeling of being free can be energizing.

  • Decide your own pace for work

When you work in a firm, you will be liable to deliver your work within or before the given timeframe. This is a good idea to finish a task, but you may have a chance of making mistakes just to complete that work. But when you opt for entrepreneurship, you will get the benefit of planning your schedule as per your precise needs. According to Jignesh Barasara, you can be as flexible as possible to meet business needs.

  • Give all your dreams the most suitable platform

Every dream deserves a platform. And if you have entrepreneurial dreams and plans, then your venture will provide you with the platform wherein you can showcase your skills to achieve your goals. When you have a good platform, you will put all your heart and soul to reach where you always wanted to be at.

  • You can be a designer of your life and its way

Do you think you are creative enough? If yes, then it will be an added advantage for you if you want to start as a businessman. With a creative mind, you can plan and design the path of your life. As a capture of your life’s ship, you can create something unique and valuable.

  • Work fearlessly

The economy is volatile. So, while working in a company, you will always have the fear of terminations and layoffs. Besides, you can be fired even for a small mistake that can be fixed easily. But when you are working for your venture, you can work fearlessly. In case of a mistake or error, you can find ways to fix it.

  • Innovate as per your needs

Entrepreneurship is quite challenging but rewarding at the same time. Some issues include arranging funds, strategic planning, keeping a close check on revenues, managing competition, etc. – Jignesh Barasara. But you have an advantage – you can innovate according to your business and its precise needs. This is something you will miss out on when working as an employee. Entrepreneurship is the best way to bring out the best and most creative version of you.

Summing it up!

With entrepreneurship, you can keep yourself away from the hassles of cubicles, achieve individual satisfaction, and create something better for your business’s growth. But starting a business is not child’s play. According to Jignesh Barasara, you should be prepared well and ready to invest energy, time, and time. Lastly, you are advised to keep your mindset positive no matter what comes ahead if you truly want to attain success.

How to build a great team for your start up

No matter how strong your idea is, the fate of your startup depends largely on your team and their collective efforts put together. But, in order to do that you have to be certain that you have assembled the right team for your business. High performance team don’t materialize out of thin air. They are nourished from a leader who himself or herself has got great values, goals and code of ethics. In this article, we will be discussing the different ways given by Jignesh Barasara to build up a great team.

Identifying the right positions:-

Before hiring anyone else, it is important that the founders decide various things about the startups. You and your co-founder should first decide about various decisions that will work out in the organisation. It is always wise to pen down everything in writing and have both co-founders sign the same. Once you are done with the agreement, make sure that you have enough money to pay your staff. Ensure that you balance out hiring and hire for all the required positions.

Try hiring advisors:

When starting an organisation, you may not always need full time employees. Instead of hiring full time employees you might also opt for part time employees. They too are very diligent towards their work.  Following this approach will help you understand who will stick with your organization for a long time and who won’t. Hence, accordingly you can start towards building your team.

Pick Candidates:-

While picking up candidates for your organization, you need to evaluate what extra they will be bringing to the plate. Also, evaluate if the goals of the candidate are in sync with the goals of your organization. You can start by offering them a limited salary and then vouch for their performance.

Interview:-

Now, after you have shortlisted your candidate it’s time for the interview. Before conducting an interview, advance preparation is vital. The interview questions should be such that the candidate can be assessed for creative thinking, problem solving and other behavioral attributes. Following the interview, once a candidate is hired, start by giving him or her a smaller project and then go slowly to larger projects. Check how the candidate responds to the work environment, handles pressure, team bonding etc.

Treat new hire with care:-

Let’s assume that a candidate has passed all tests and now is a part of the organisation. Now is the time to do some post hire assessment. Also, start with the training, promotion and career development. Make sure that they are comfortable in the new work environment and are able to adapt to it. Always remember that any team who is respected and rewarded well will always function well. Make sure that as a good leader you keep your team members motivated. Create a positive t am environment instead of focusing more on the mistakes of team members. Positive work culture always drives better productivity.

Communication and Feedback:-

Ensure that you establish the right expectations from day one. Respect all your team members equally. Understand that new employees would be like blank boards, and you as a leader need to imprint the right version of your company’s culture code on their minds. You need to create a culture of shared responsibility and shared problem solving. Emotional intelligence is the key here. When you are hiring people, your leadership qualities should reflect you as human beings and not robots. Learn to embrace the reality of different work culture and styles.

Conclusion:-

Building a successful business involves finding a value proportion of people that makes up a great team and sets your organization apart.

Employee Loyalty- The most important resource for a business entrepreneur

No matter how old or new an organisation is, the employees remain the most valuable asset of the organisation. Employee loyalty is a term that is used to describe the various sentiments that connect an employee to his or her current organisation. This also refrains an employee from switching further to different organisations. On the organisation’s part, it is very important to make the employees feel that they are valued. If we go by the various research data in the market, some organisations even lose more than one-fourth of the employees every year. This causes loss of time and money both.

When it comes to loyal employees, they not only work for paychecks, but also for bringing success to the organisation. Adding to this, they are constantly trying their best to improve themselves. Employees who are loyal towards their work and workplace, are always more invested in their work and hence the output comes better.

Therefore, a successful company always needs employees who are loyal and committed both towards the work as well as the organization’s mission. In today’s article, we will be discussing the various ways to develop loyalty amongst the employees, shared by Jignesh Barasara. His name needs no introduction. In today’s business world, he is the pioneer of business entrepreneurship.

Ways to develop loyalty in the employees:-

Strong leadership:-

Your team will learn from you, so the senior leadership must demonstrate the same measure of loyalty, as they are expecting from their employees.

Show you trust your employees:-

Actions speak louder than words. Therefore, do not just speak aloud how much you trust your employees. Show them the same as well. Otherwise, the bond of trust between the employer and employee will never get established.

Honest Feedback:-

Feedback is one of the most important components of growth. To provide honest feedback, the business must operate with complete integrity. An honest approach towards employees will build a very strong foundation for the overall development of both the employees as well as the organization.

Open Communication:-

This is another very important thing to make sure every employee is heard, their opinions are respected. With open two-way communication, a certain level of comfort and trust is established between the employees. This further enhances productivity and will enhance mutual respect between employees and employers.

Remove uncertainties:-

As compared to the past, uncertainty is more prevalent in today’s workplace. This is mainly because the economic changes are occurring at a very high rate. Though there is no permanent fix to this, an organisation can take steps to make the working environment more predictable.

Be Unbiased:-

It’s almost impossible for the employees to believe in the workplace, where people are discriminated against. Therefore, as an employer, it is very important to remain unbiased and everyone equally. Hence, you will share an impression of how important equality is.

Be Supportive:-

By offering a precise and supportive environment, the employer offers a comfortable space to the employer. This further allows the employer to push themselves beyond their comfort level.

Conclusion:-

As per Jignesh Barasara, the business entrepreneur, following the above measures can help business entrepreneurs achieve employee loyalty for their business.

How to develop good negotiation skills

Jignesh Barasara is one of the greatest business entrepreneurs of today’s era. He has changed the lives of many young entrepreneurs via his strong ideas and thoughts. He is the CEO of Alpha MD and owner of an NGO named Heed India that aims at strengthening underprivileged children via sports and education. As a business entrepreneur Jignesh Barasara very well understands the importance of negotiation skills. In this article, there are some tricks and tips given by Jignesh Barasara regarding how to develop good negotiation skills as a business entrepreneur. It is very important to practice the right kind of negotiation skills to be successful in business.

By applying the below-mentioned techniques of negotiations, given by Jignesh Barasara you will be able to save a lot of money, time and a lot of other scarce but valuable resources. Though there are a lot of myths and misconceptions doing rounds about negotiations, the techniques mentioned later in this article are both effective and proven.

Most people are bad negotiators:-

Most people are not very good at negotiations. This is because many people do not understand that just by making simple investments in your negotiation skills, you can drive a lot of mileage out of it in the long run. It’s important to understand that you up to your game just is not and you are already setting yourself apart from the rest of the crowd. By starting to apply proven tactics, you will understand the difference between being a decent negotiator and a bad negotiator.

Understand yourself:-

In this case, you need to identify what’s your best alternative to a negotiated agreement. This will prevent you from regretting any particular negotiation. This particular thing helps you understand at what level of the product, what you should pay for. Also, here you need to pay attention to the focal points, which means that while you are negotiating you also need to consider other facts revolving around negotiation and not just the negotiation itself. For example, if you are negotiating for your salary, you also need to check other factors such as how many hours you would be working for and other relevant factors.

Knowing others:-

When negotiating with others, try to understand the needs, wants and alternatives that the other person has. This is where you will understand what the other person is expecting and on which parameter can you negotiate the best. This is also where you start building the trust of other people. For example, if you know that the other person has already reduced the price a bit too much, then instead of asking the other person to reduce the price more, ask if he or she can incorporate some more things into the same offer.

Understanding the situation:-

Negotiations in many cases are never a single shot deal. At times, you may have to negotiate for a deal for over a year and then only you will be able to crack through. Before negotiating too much for the price part, first, understand where that situation will lead you into the future.

Make the first offer:-

This one is applicable only if you are prepared. However, if you are not prepared then let them make the first offer. If you are well versed with the above mentioned three tricks, then you can start with a very accurate offer. The major benefit of doing this is that you get to lead. In this case, if you observe that the other person is making a very low offer, then you can quickly re-evaluate your offer and go back asap.

Conclusion:-

Following the above-mentioned steps will help you score a great command over your negotiation skills.

Why do self-starters prove to be better entrepreneurs

The name Jignesh Barasara needs no introduction today. He is a self-starter business entrepreneur, CEO of Alpha MD and also a successful owner of an NGO. As a self-starter business entrepreneur, he very well knows how to get success in entrepreneurship. In this article today, we will understand why self-starters prove to be better entrepreneurs. There are various reasons for the same.

To begin with, self-starters can set their personal goals easily and then accordingly they train themselves as per the goal. Moreover, they embrace challenges, promote teamwork, focus on successful outcomes etc. They usually first start by excelling at testing their limits. And then, move on to demonstrating the habit of taking initiative and getting comfortable with the uncomfortable. Most organizations prefer hiring self-starters to achieve employee loyalty and enhance productivity at work. They are capable of working individually as well as in teams. Usually, a self-starter would have the following qualities.

Motivation:-

A person who is a self-starter will feel compelled to take action on his own, without waiting for any kind of pressure from anyone else. They won’t wait for the time when the situation will become absolutely out of control.

Confidence:-

Self-starters listen to their inner self. They trust their gut feelings. Hence, they’re very much capable of completing tasks on time. And also, being proactive in taking up new tasks.

Ambitious:-

The people who are self-starters carry a zeal to achieve goals and hence plan accordingly. They are capable enough to set realistic goals both for themselves, as well as for their teams.

Resilience:

Self-starters very well know how to remove the roadblocks and move past them. They are very good at finding alternate solutions to a problem. Self-starters can very well revise their ways of doing work, as per the changes in the situations.

Manage time and resources:-

Self-starter business entrepreneurs are very good at managing time and money. They understand that these two resources, if managed correctly, can simply add to your success.

Money:-

If as a self-starter entrepreneur, you are low on budget, then rethink what’s your biggest priority when it comes to money. For example, if you are investing in building a website for your business, how much would it cost, compare prices from different website makers. You don’t have to go King size, right at the beginning. You can start with economic measures and then gradually climb the success ladder.

Time:-

Apply the golden 80/20 rule to everything you do. This rule says that 80% of your success comes from 20% of your hard work. So, plan and organise accordingly. You need to spend your time, in a way that you achieve more in terms of productivity.

Self Management:-

The biggest part of self-management is thinking before acting. If as an individual, you think and analyse your chances of success beforehand, you can escape many problems.

Organised:-

For every start-up, it is very important to have a business plan and stick to it. This particular plan helps you as a self-starter entrepreneur to make suitable strategies for your business.

Go beyond expectations:-

Any person who is a self-starter will always go beyond expectations. This doesn’t mean to exhaust yourself. But as a self-starter entrepreneur, you can always offer something extra to your customers. For example, great customer service.

Conclusion:-

Starting your business as a young self-starter entrepreneur won’t always be easy. But the results will be worth working hard for. You can practice all the above qualities and be a very successful self-starter business entrepreneur.