Managing the Emotional Part of Being an Entrepreneur [Rollercoaster Ride]

Entrepreneurs go through roller coaster rides and while there are ups in the cycle, most of the times it does look down. Apart from lack of clarity, one always goes through ‘Is this right? What if this doesn’t work?’ phase where there are no right/wrong answers.

Starting up one’s own venture can take a heavy toll on your life and if you aren’t prepared, it might hurt your personal life as well.

First and foremost, a start-up puts you on an emotional rollercoaster unlike anything you have ever experienced. You flip rapidly from day-to-day – one where you are euphorically convinced you are going to own the world, to a day in which doom seems only weeks away and you feel completely ruined, and back again. Over and over and over. And I’m talking about what happens to stable entrepreneurs. There is so much uncertainty and so much risk around practically everything you are doing. The level of stress that you’re under generally will magnify things incredible highs and unbelievable lows at whiplash speed and huge magnitude. Sound like fun?” – Marc Andreesson

Take a look at the below diagram (via)

transition-curve-for-entrepreneurs

Crisis of Meaning is the make or break phase – this is the phase when you are probably getting negative response from the market, finding it difficult to crack/understand the market and the only thing that works here is looking at the positive side of the story, probably talking to successful entrepreneurs.

And once you hit the Informed Optimism path, i.e. you know where you want to go – things look better and brighter. It might take a few weeks to few years to find the path, but it surely is worth pursuing.

What’s your take? How are you as an Entrepreneur dealing with the emotional state of your mind? Get UnPluGGd here.

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