Written by Marcela Quintero Aguirre, Probity Marketing CEO and Founder
As the CEO and Founder of Probity Marketing, I’ve had the unique opportunity to connect with so many entrepreneurs and business owners, each with their own unique challenges and successes. While my own journey has thankfully been relatively smooth in terms of my mental health, I’ve witnessed and heard stories from colleagues and clients that shed light on the significant mental health challenges entrepreneurs often face.
The hidden battles of entrepreneurship
Starting a business is often seen as a thrilling adventure, full of possibilities and excitement. But behind the success stories lies a reality that’s seldom discussed: the mental strain that comes with running a business. From dealing with uncertainty and financial pressures to the loneliness that can come with leading a company, the psychological strain can be considerable.
Prioritizing mental health ensures that our entrepreneurial journey is not only successful, but sustainable and fulfilling.
1. overwhelming stress and burnout syndrome
Many entrepreneurs I talk to talk about the intense stress that comes from juggling multiple roles and responsibilities. Burnout becomes a real threat when the line between personal and professional life blurs and there is no off switch at work.
2. Isolation and loneliness
Running a business can be isolating, especially for solopreneurs who feel like they have to carry the entire burden alone. This isolation can lead to feelings of loneliness, which can exacerbate stress and impact your mental health.
3. Fear of failure and perfectionism
The pressure to succeed is immense, especially when other people’s lives depend on your decisions. Fear of failure and our own desire to be perfect can create paralyzing anxiety and interfere with decision-making and personal happiness.
Strategies to support mental health
Hearing about these challenges has led me to prioritize mental health not only within my company but also in my interactions with other executives. Here are some strategies that I’ve found work well within my network.
1. Building a support network
Building a support network of fellow business owners can provide a shared space to express challenges and successes. Holding regular meet-ups and online forums can help you feel less isolated. A prime example of such a support network is Women in Toys, Licensing, and Entertainment (WiT). This organization has been a tremendous resource in my life, providing me with a community of supportive women who understand the unique challenges of entrepreneurship. For entrepreneurs who want to feel supported and connected, I highly recommend finding a similar group that resonates with your values ​​and needs.
2. Set realistic goals and expectations
It’s important to set achievable goals to prevent overwhelming pressure that can lead to burnout. Breaking down large goals into small, manageable tasks can help you maintain a sense of control and accomplishment.
3. Promoting work-life balance
It’s important to encourage a culture that values ​​work-life balance. This includes setting boundaries around working hours, encouraging time off and promoting mental health days.
Four. seek professional help
I am an advocate of professional guidance, whether that be coaching, therapy or mentoring. Personally, I have been seeing a professional psychologist consistently for almost two years. This commitment to dedicate at least an hour a month just to my mental health has been extremely beneficial. It provides not only support but also a structured space to focus on personal wellbeing, reinforcing the value of professional guidance in maintaining mental health.
Setting realistic goals reduces pressure and increases your sense of accomplishment amidst challenges.
Strengthening collective resilience
At Probity Marketing, we specialize in amplifying the voices of businesses that make a positive impact on the world. Part of that impact includes championing the well-being of the entrepreneurs behind these companies. By sharing these insights and promoting mental health resources, we aim to strengthen the resilience of our business community.
The entrepreneurial journey doesn’t have to be a lonely one with hidden conflicts, and bringing these conversations to the forefront can help create a more supportive and understanding business environment, where emotional well-being is prioritized as much as financial success.
By fostering a community of entrepreneurs who support each other in all aspects of health, we not only strengthen our businesses, we enrich our lives. Let’s be open about our challenges, actively seek support, and pave the way to a healthier, more vibrant entrepreneurial community.
