Running a Business While Dealing with Personal Crisis

Bad things happen in life. Whether a person is running a business, building a career, or working for someone else, unexpected deaths, divorces, and other crises are inevitable.

Unfortunately, most business owners quickly find that there isn’t much room for personal issues, especially with an entire team of employees depending on a paycheck. If you’re one of the many business owners affected by a personal setback this year, here are a few things you can do to help manage your day-to-day:

Sprint, Then Walk

Even if you didn’t play sports, you likely remember sprints from gym class. You run as fast as possible in short bursts, then rest before running again. During your time of crisis, adopt a sprint style of work.  Sit down to work for short, uninterrupted periods of time.  Once you reach the end of that designated time period, give yourself a short break.

Consider using the Pomodoro Technique.  This technique encourages the use of a timer to keep you working for 25 minutes, followed by a five-minute break. After four full sprints, you’ll be able to take a longer break of 15 to 20 minutes. Tell yourself that once you get to the break, you can deal with your personal problems. This will help you set your emotions aside for the brief time necessary to get your work done.

Stay on Task

With less time in the day to focus on running your business and with so many other thoughts crowding your mind, staying on-task is essential to keeping your business going during this time. Task management tools like Wunderlist and Todoist can help you set priorities each day, checking each item off as you complete it. You’ll avoid forgetting something small and as you complete tasks, you’ll feel a sense of accomplishment that will help boost your spirits.

Ask for Help

Don’t be afraid to ask for help during this difficult time. Even if you haven’t yet amassed a professional team, you likely have a network of friends and associates you can count on when you need them. In fact, you’ll likely find others are more than happy to help out.

If you’re uncomfortable asking for help, consider outsourcing routine tasks to an affordable provider.  On sites like Upwork or Freelancer, help is crowdsourced, with dozens of providers bidding on each posted job. Tasks like monitoring social media accounts or copywriting can be handed off to someone who specializes in these areas.

Postpone Growth

You likely want your business to grow, but now isn’t the time to worry about that. Simply focus all of your efforts on maintaining what you’ve created with the promise that you’ll resume your hard work on growth once you’ve powered through the current crisis.

A personal crisis can make it difficult to concentrate.  However, if you can find ways to get through today, you’ll soon find that you’ve established a pattern where you keep your customers and employees happy. Your hard work can also take your mind off of your problems, if only for a few minutes at a time, helping you begin to heal.

Strategic Funding provides needed operating funds to small businesses. Strategic Funding has helped businesses in hundreds of industries.  Industries served include: restaurants, personal services, construction, medical, manufacturing, agriculture, retail stores, automotive, and food stores.

Get Started Today

Let’s get you the financing you need to grow your business. Whether you’re looking to expand, purchase equipment, fulfill an order or stabilize your cash flow, we can get you the right type of financing for your needs. If you’re still not sure which type of financing is right for you, you can use our matching tool or give us a call at (800) 780-7133 to speak with one of our financing specialists.

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