Research has shown that entrepreneurship can be a lonely journey. It is, however, mostly ignored and rarely discussed. Unsurprisingly, perhaps, the Gallup Wellbeing Index reports higher levels of stress in business owners than amongst other workers. Very often, there is no time to create new social relationships to share the joys of success. Nor is there time to share the burdens of having sole responsibility for the success and failure of a business.
Here are four things that can help combat loneliness in business:
- Grow and nurture an online community of like-minded individuals. Social Media is not just for selling or marketing. Instead, deploy it to connect with other like-minded individuals through Facebook groups and communities, LinkedIn Groups, Instagram hashtags, and twitter lists.
- Go out and network, and make real-world human connections. It is very crucial as solo entrepreneurs to also form real-world connections, even if it is just a quick catch-up over a cup of coffee. Networking events are very useful not just to create business links and connections, but also to get the sense of community and find a support network. Here is a list of business networks and networking groups in the UK.
- Celebrate achievements as much as focus on the to-do lists. Often, there is a tendency to focus on the long list of things to do rather be joyful over the little successes. When you achieve something, why not go out with family and friends to celebrate? Or take your team out for lunch or dinner? On that thought, here is an article about how to employ great staff and then trust them.
- Find an accountability partner. One reason solo entrepreneurs suffer with loneliness in business is because they are missing the accountability of working in an office or alongside a corporate team. This is because these things can often motivate and drive people forward. At TAB, we believe a community of heads is better than one. That’s why the power of our TAB Advisory Boards have changed the lives of business owners. You don’t have to be alone as your run your business, an advisory board or a business coach can be there to help you. Have you ever considered that you could get support and advice from other business owners like you? That’s why we exist. Find out more about TAB and how we can support you in your business.