EP15: Mental Health in Business

“Mindset and mental health are key layers in business. If
your mind isn’t in the right place, and you’re not able to work
through the issues that come up, it’s going to affect your
business.”

Timothy Dick (3:15-3:45)


Mental health challenges can range from mild bouts of stress to
crippling anxiety or depression. These and other mental health
challenges affect people from all walks of life, educational
backgrounds, and levels of success.



“No matter how successful the business is, you can still run into
issues if you don’t watch out for the signs of burnout.” -
Timothy Dick (6:02-6:38)

A growing number of entrepreneurs are opening up about the
struggles they've had related to mental health. No matter how
successful their businesses may be or how many resources they
have available, they suffer the same problems everyone else
faces. That's why it's important to look out for signs of burnout
or destructive thinking.



Getting Help With the Ups and Downs of Business


There's a belief that if you're not "grinding" and "hustling" 24
hours a day and giving 150% then you're not doing it right. But
this belief is just plain wrong, and entrepreneurs are becoming
more aware of their own mental wellbeing and the need to care for
others around them.


Entrepreneurs don't always take advantage of the support they
have available to them. It can be lonely at the top, and if
you're struggling with burnout, depression, anxiety, ADHD, or
substance abuse, then you need to get help. The people in your
life will respect the fact that you're getting the help you need.



“Anyone handling many things will deal with mental fatigue and
use a lot of mental and cognitive energy. It’s okay to get help.”


- Timothy Dick (40:40-41:08)

Entrepreneurs at Risk for Mental Health
Challenges


Entrepreneurs face unique pressures that can contribute to mental
health challenges. Stress levels are high, and business owners
can struggle to unplug and disconnect from work when they should.


It's estimated that 72% of entrepreneurs are affected by mental
health issues. National health statistics show that these
individuals are:


2x more likely to have depression

6x more likely to have ADHD

3x more likely to struggle with substance abuse

10x more likely to have bipolar disorder

2x more likely have some psychiatric hospitalization in their
lifetime

2x more likely to have suicidal thoughts in their lifetime



Today’s entrepreneurs are managing information and people,
planning business strategies, and other cognitive-heavy mental
labor. The physical health risks of the past may be lower, but
new mental health risks are on the rise.


Giving Yourself and Others Mental Health Support


Mental health awareness can lead to a healthy environment at work
and at home. Reach out to a mental health professional if you
think it can be helpful. Some mental health challenges can be
easily addressed, but others may require more extensive support.


The following are some valuable resources that can help
entrepreneurs overcome and prevent mental health challenges:


Free Entrepreneur Group

MindFix - Erin Pheil

Malorie Nicole

ClearMind Group

ClearMind Free Challenge

ClearMind Course



Everyone gets overwhelmed in business. But surrounding yourself
with the right people and resources will support your goals and
position you for lasting success in everything you do.



How to get involvedIf you
would like more information about Timothy Dick, and the success
businesses have gained through work with him, please visit his
website.

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