{"id":9472,"date":"2024-05-06T13:59:50","date_gmt":"2024-05-06T17:59:50","guid":{"rendered":"https:\/\/futurpreneur.ca\/?p=9472"},"modified":"2025-10-08T15:33:26","modified_gmt":"2025-10-08T19:33:26","slug":"7-tips-to-support-your-mental-health-as-a-young-entrepreneur","status":"publish","type":"post","link":"https:\/\/futurpreneur.ca\/en\/blog\/7-tips-to-support-your-mental-health-as-a-young-entrepreneur\/","title":{"rendered":"7 tips to support your mental health as a young entrepreneur"},"content":{"rendered":"\n<p>You know that marketing plan you just can\u2019t seem to finish? Or your inability to get a good night\u2019s sleep, or that ongoing, low-grade headache you can\u2019t seem to shake? Those are all very common signs of stress.<\/p>\n\n\n\n<p>There was a time when entrepreneurs of any age avoided speaking about their mental health issues due to a very real stigma. Today, thanks to the willingness of young entrepreneurs to talk and share openly, the topic is slowly becoming front-and-centre at startup networking events, business conferences, on entrepreneur-related blogs, and across social media. Today, most governments, organizations and small businesses recognize stress and anxiety are mental health issues. They exist in every area of business, impact bottom lines and affect people\u2019s quality of life.<\/p>\n\n\n\n<p>Yet, according to a recent study conducted by our partner, <a href=\"https:\/\/www.bdc.ca\/en\/about\/mediaroom\/news-releases\/entrepreneurs-mental-health-has-decreased-significantly-compared-to-last-year-warns-new-survey-results-from-bdc\"><strong>Business Development Bank of Canada<\/strong><\/a><strong> <\/strong>(BDC), Canada\u2019s only bank exclusively devoted to entrepreneurs, specifically, young business owners experience more mental health challenges than others \u2014 and they\u2019re less likely to access support. Of even more concern, the study showed the mental health of many young entrepreneurs declined significantly year over year.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">Good stress vs. bad stress<\/h3>\n\n\n\n<p>Not all stress is bad. In many cases, acute (short-term) stress can inspire, motivate and help us focus our energy and enhance our performance. But it can be challenging to pinpoint concrete causes of good or bad stress because everyone has a different stress threshold and response.&nbsp;<\/p>\n\n\n\n<p>For example, a new plan to expand your small business might mean extreme stress for you, while another may look at it as an exciting opportunity. Planning a business development event could cause one person \u201cbad\u201d stress while another enjoys the rush and finds the \u201cgood\u201d stress inspiring and motivating.<\/p>\n\n\n\n<p>Chronic stress \u2014 in some cases, even of the positive kind \u2014 can negatively impact your physical and mental health. Here are seven ways you can reduce your stress and protect your mental health so you can enjoy \u2014 not dread \u2014 navigating your startup journey.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">1. Take more (or at least a few) breaks<\/h3>\n\n\n\n<p>Many<strong> <\/strong>young entrepreneurs<strong> <\/strong>are reluctant to<strong> <\/strong>take even one day away from their businesses, but regular breaks are vital for your mental health, even if you\u2019re not necessarily feeling stressed. Your body is designed to respond to short bursts of good stress \u2014 but even good stress, when prolonged, can become chronic and unhealthy.<\/p>\n\n\n\n<p>If a full-blown vacation isn\u2019t possible, a staycation can do the trick \u2014 engage in some self-care, meet friends for lunch, spend time outside or binge-watch movies. When you\u2019re taking a break, turn off your notifications or better yet, ignore business emails, and leave your laptop behind where possible \u2014 it\u2019s not a true break if you\u2019re spending time thinking about work.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">2. Take care of your physical health<\/h3>\n\n\n\n<p>Regular exercise is a great way to let off steam, clear your head and improve your mood. Throughout the day, strive to move your body at least once an hour \u2014 take a short walk, do some yoga or dance around the house or office to your favourite tunes. Get at least 30 minutes of exercise most days of the week.<\/p>\n\n\n\n<p>A healthy diet is also good for your mental health. Consider weekly meal prepping to get ahead of the \u201cwhat\u2019s for dinner\u201d game, which is a real source of stress \u2014 and fast-food binges \u2014 for many. For some tips and inspo, check out these <a href=\"https:\/\/www.youtube.com\/results?search_query=meal+prep+for+the+week\">meal-prep YouTube videos<\/a>.&nbsp;<\/p>\n\n\n\n<p>Finally, get ample sleep, which is essential for optimal physical and mental health \u2014 and a better mood. Go to bed and get up at the same time every day to help your mind and body get into a solid sleep routine.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">3. Shift your mindset<\/h3>\n\n\n\n<p>A healthy perspective can help reduce your stress. Start by acknowledging your accomplishments, and work to keep your perfectionist tendencies in check. Reframe negative experiences to find the opportunities in them. If you have the bandwidth or financial wherewithal, consider <a href=\"https:\/\/www.camh.ca\/en\/health-info\/mental-illness-and-addiction-index\/cognitive-behavioural-therapy#:~:text=CBT%20is%20a%20structured%2C%20time,reactions%20that%20cause%20them%20difficulty.\">cognitive behavioural therapy (CBT)<\/a> or free resources like those offered by the <a href=\"https:\/\/cmha.ca\/bounce-back\/\">Canadian Mental Health Association (CMHA)<\/a>.&nbsp;<\/p>\n\n\n\n<p>If you\u2019re stuck in a dark place, plant yourself in the present moment \u2014 pet the dog, hug the kids or indulge in a really great cup of coffee to help lighten your mood. <a href=\"https:\/\/www.uclahealth.org\/news\/health-benefits-gratitude#:~:text=Support%20heart%20health&amp;text=Several%20studies%20show%20that%20a,your%20heart%20exerts%20between%20beats\">Practice daily gratitude<\/a> to help shift your mindset to one of abundance. Consider starting a gratitude journal, in which you list the things you feel gratitude for. You\u2019ll find there are <a href=\"https:\/\/positivepsychology.com\/gratitude-journal\/\">no shortage of ways or tools<\/a> you can use to help you get yours going.&nbsp;<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">4. Don\u2019t go it alone<\/h3>\n\n\n\n<p>Feelings of isolation contribute to stress for entrepreneurs, and nurturing your relationships with friends and family can help ensure you have someone to talk to about both business and personal issues. Be realistic about what you need to handle personally, and in business, and<a href=\"https:\/\/www.bdc.ca\/en\/articles-tools\/entrepreneurial-skills\/be-effective-leader\/leadership-skills-9-ways-delegate-effectively\"> delegate<\/a> tasks to your staff or external contractors where feasible.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">5. Talk about it<\/h3>\n\n\n\n<p>It\u2019s important as a young entrepreneur to speak honestly about your struggles. If someone asks, \u201cHow are you doing?\u201d (and really wants to know), it\u2019s okay to say, \u201cNot so great.\u201d As the saying goes, it\u2019s okay to not be okay.&nbsp;<\/p>\n\n\n\n<p>If you feel like you don\u2019t have anyone to talk to, candidly, this is another instance where you may want to consider online therapy \u2014 especially during periods of high stress. Executive coaching can also be a great way to get support on your entrepreneurial journey.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">6. Join a support group<\/h3>\n\n\n\n<p>If you\u2019re feeling the stress of running a business or you lack work-life balance, you can be sure there are other young entrepreneurs who feel the same way.<\/p>\n\n\n\n<p>Look for groups who gather in your area to discuss similar issues and solutions. They don\u2019t have to specifically be support groups. Networking groups that meet regularly can also help you cultivate relationships with other entrepreneurs and provide you with opportunities for helpful discussions and interactions. Talking to your peers who may be facing similar challenges or problems to you can be powerful and difference-making.<\/p>\n\n\n\n<p>Not ready to speak your truth in person? You can look online for support groups made up of others feeling the pressures of being a young entrepreneur.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\">7. Ask for financial help and advice<\/h3>\n\n\n\n<p>Money is a major stressor for any entrepreneur. If you&#8217;re experiencing challenges with cash flow, revenue generation or your supply chain, there may be ways your suppliers, lenders and ecosystem can help \u2014 but you won&#8217;t find out unless you ask.<\/p>\n\n\n\n<p>Your lenders may suggest solutions that you had no idea were even options, including restructuring loans, deferring payments, delaying shipments or financing purchase orders. For example, during recent summer wildfires, which affected small businesses across Canada, here at Futurpreneur, we provided relief programs to entrepreneurs who were affected, either directly or through their supply chain. It\u2019s always worth exploring how your ecosystem can support you through tough times.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>You know that marketing plan you just can\u2019t seem to finish? Or your inability to get a good night\u2019s sleep, or that ongoing, low-grade headache you can\u2019t seem to shake? Those are all very common signs of stress. There was a time when entrepreneurs of any age avoided speaking about their mental health issues due [&hellip;]<\/p>\n","protected":false},"author":21,"featured_media":9474,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":true,"footnotes":""},"categories":[15],"tags":[],"class_list":["post-9472","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-entrepreneurship"],"acf":[],"_links":{"self":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts\/9472","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/users\/21"}],"replies":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/comments?post=9472"}],"version-history":[{"count":0,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/posts\/9472\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/media\/9474"}],"wp:attachment":[{"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/media?parent=9472"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/categories?post=9472"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/futurpreneur.ca\/en\/wp-json\/wp\/v2\/tags?post=9472"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}