When we say entrepreneurship, most of us think about profit and success. Entrepreneurs are commonly associated with luxury and adventurous lifestyles. Although, this is partially true, there is a dark side, a side each entrepreneur must pay. We consulted several therapists in order to understand that side better.
Stress and anxiety
Stress and anxiety are the biggest price entrepreneurs must pay. According to the studies, 34% of entrepreneurs experience anxiety. This is 4% more than other workers experience. The situation is even more severe when it comes to stress. Almost 45% of entrepreneurs are under stress, compared to 40% of other workers.
Reasons for that are obvious. Entrepreneurs have a lot more issues and problems in everyday life. Problems with products, market, partners, demand, and supply are severe and most of them require a huge amount of time and devotion to be solved. The inability to solve an issue as soon as possible causes the mentioned anxiety and stress.
One of the newer studies, conducted in the United States deduced that entrepreneurs have a higher risk of clinical obsession. It is a mental state in which a person is obsessed (extensive thinking) of an activity, object or a goal. Precisely the last part is associated with entrepreneurs.
Entrepreneurs who suffer from this issue think all the time about just one thing, usually the success of their business or a more specific product. As such, they cannot sleep or eat normally. In addition, this issue also causes them to exercise less than ordinary people.
This mental condition causes people to believe they are entirely important to the humankind. Obviously, some of the entrepreneurs may suffer from it. Luckily, it is uncommon and only 5% of entrepreneurs end up developing it. Also, it is more common in entrepreneurs who already had a success with a project and business.
Sadly, almost all entrepreneurs experience common mood swings. They include depression, loneliness, negative thoughts, hopeless and even worse! There is an interesting theory behind the claim. Most entrepreneurs are energetic and active, which makes them vulnerable to the aforementioned mood swings. Relaxed and ‘’slower’’ individuals are less likely to experience short-term stress and depression, which are common causes of mood swings.
The secret here is the motivation. Entrepreneurs have a lot of it, which makes them move forward and therefore complete their goals. Some are even hyperactive, which usually have more motivation than ordinary people, but they may also be more sensitive when it comes to mood swings.
Now you see that entrepreneurship is far from perfect. Still, if you have a motivation that is outstanding, all of the psychological issues are less likely to occur. Furthermore, the mentioned motivation may help you with the project and will literally transform the number of possibilities your business venture may acquire over time. In any case, entrepreneurship has a bright and a dark side, but after all, everything on the planet has two sides.