Start learning with our library of video tutorials taught by experts. Get started

Insights from a Business Coach

Dealing with discouragement


From:

Insights from a Business Coach

with Dave Crenshaw

Video: Dealing with discouragement

Jeff: What do I do if things are rough in the business, and then I am feeling a bit discouraged? Dave: Yeah discouragement is very common for entrepreneurs. It's hard. You have to be honestly a little bit insane to want to own your own business. You have to be a little bit foolish and not have someone say, you know what, this is probably not a good idea. And that's the great thing about entrepreneurs is that they are willing to proceed right ahead with it, in spite of how foolish it may seem from the outside. But part of that is that you are naturally going to have discouragement. It's a roller-coaster ride, go up and down constantly of, you know, oh we got these great sales, oh no we didn't get these sales, oh you know if things are fantastic in the business, we just got great PR, oh I can't make payroll.

Watch this entire course now—plus get access to every course in the library. Each course includes high-quality videos taught by expert instructors.

Become a member
Please wait...
Insights from a Business Coach
27m 6s Beginner Mar 30, 2012

Viewers: in countries Watching now:

Get a glimpse of what it takes to start and successfully run a business in this candid interview with seasoned business coach and author Dave Crenshaw. Discover the secrets of managing priorities, working for your customers, bankrolling an idea, and investing in future success. The course covers tips from getting started as an entrepreneur to pitching to investors and researching the competition.

Topics include:
  • Finding focus
  • Increasing brand awareness
  • Planning ahead
  • Understanding the importance of company culture
  • Maintaining customer relationships
  • Dealing with discouragement
  • Finding a balance
Subjects:
Business Business Skills Career Development Freelancing
Author:
Dave Crenshaw

Dealing with discouragement

Jeff: What do I do if things are rough in the business, and then I am feeling a bit discouraged? Dave: Yeah discouragement is very common for entrepreneurs. It's hard. You have to be honestly a little bit insane to want to own your own business. You have to be a little bit foolish and not have someone say, you know what, this is probably not a good idea. And that's the great thing about entrepreneurs is that they are willing to proceed right ahead with it, in spite of how foolish it may seem from the outside. But part of that is that you are naturally going to have discouragement. It's a roller-coaster ride, go up and down constantly of, you know, oh we got these great sales, oh no we didn't get these sales, oh you know if things are fantastic in the business, we just got great PR, oh I can't make payroll.

This is the roller- coaster ride of an entrepreneur. A couple of things can help with that. The first thing is to make sure that you have regular vacations set up for yourself. It's so easy to neglect your own mental health and physical strength when you own your own business. So by establishing vacations and little breaks, even within the day, that gives you sort of an oasis from everything that's going on. Another thing that really helps is to have a coach or a mentor.

I tell my clients that I work with that part of my job is to be the sounding board for them; the vent for them. There are two truths that are universal: it's lonely at the top and it's difficult to self-correct. So you can get rid of that loneliness at the top by finding someone else that you can converse with. Some entrepreneurs have mastermind groups that they go to regularly. All of these things are really helpful, so that you are not bottling it up inside and just thinking about that you are all alone.

There are currently no FAQs about Insights from a Business Coach.

Share a link to this course
Please wait... Please wait...
Upgrade to get access to exercise files.

Exercise files video

How to use exercise files.

Learn by watching, listening, and doing, Exercise files are the same files the author uses in the course, so you can download them and follow along Premium memberships include access to all exercise files in the library.
Upgrade now


Exercise files

Exercise files video

How to use exercise files.

For additional information on downloading and using exercise files, watch our instructional video or read the instructions in the FAQ.

This course includes free exercise files, so you can practice while you watch the course. To access all the exercise files in our library, become a Premium Member.

Upgrade now

Are you sure you want to mark all the videos in this course as unwatched?

This will not affect your course history, your reports, or your certificates of completion for this course.


Mark all as unwatched Cancel

Congratulations

You have completed Insights from a Business Coach.

Return to your organization's learning portal to continue training, or close this page.


OK
Become a member to add this course to a playlist

Join today and get unlimited access to the entire library of video courses—and create as many playlists as you like.

Get started

Already a member?

Become a member to like this course.

Join today and get unlimited access to the entire library of video courses.

Get started

Already a member?

Exercise files

Learn by watching, listening, and doing! Exercise files are the same files the author uses in the course, so you can download them and follow along. Exercise files are available with all Premium memberships. Learn more

Get started

Already a Premium member?

Exercise files video

How to use exercise files.

Ask a question

Thanks for contacting us.
You’ll hear from our Customer Service team within 24 hours.

Please enter the text shown below:

The classic layout automatically defaults to the latest Flash Player.

To choose a different player, hold the cursor over your name at the top right of any lynda.com page and choose Site preferencesfrom the dropdown menu.

Continue to classic layout Stay on new layout
Welcome to the redesigned course page.

We’ve moved some things around, and now you can



Exercise files

Access exercise files from a button right under the course name.

Mark videos as unwatched

Remove icons showing you already watched videos if you want to start over.

Control your viewing experience

Make the video wide, narrow, full-screen, or pop the player out of the page into its own window.

Interactive transcripts

Click on text in the transcript to jump to that spot in the video. As the video plays, the relevant spot in the transcript will be highlighted.

Thanks for signing up.

We’ll send you a confirmation email shortly.


Sign up and receive emails about lynda.com and our online training library:

Here’s our privacy policy with more details about how we handle your information.

Keep up with news, tips, and latest courses with emails from lynda.com.

Sign up and receive emails about lynda.com and our online training library:

Here’s our privacy policy with more details about how we handle your information.

   
submit Lightbox submit clicked