While it can bring excitement, gratification and financial rewards, entrepreneurship isn’t exactly a relaxing endeavor. Long hours, complications and problems also are part of the package, of course.
For business owners, Dale Carnegie’s “How to Stop Worrying and Start Living” is a useful book to have on the shelf. Although it’s been around for decades, this oldie but goodie has a lot of timeless wisdom and practical tips for managing worry.
One chapter, “How to Eliminate Fifty Percent of Your Business Worries,” presents a practical, four-step formula. When you’re facing a problem, ask yourself these questions:
1. What is the problem? The first step to resolving any issue is to define it clearly. Otherwise, you lose time and energy going around in circles.
2. What is the cause of the problem? Doing some fact checking and review will unearth key information needed to make decisions.
3. What are all the possible solutions? Look at your options, along with the pros and cons for each one.
4. What is the best solution? The answer may be obvious by the time you’ve answered the first three questions.
For better results, don’t just do this exercise in your head. Putting everything in writing clarifies your thinking.
Hopefully this approach will help you find the best solution faster. Good luck!