More failing businesses mean more entrepreneurs living in depression.
Entrepreneurs are awesome people. They have foresight of the future based on their economic contribution to humanity. They get seed funding from venture capitalists and later work out the rest.
But what happens when all their efforts result in a downward spiral in their startups?
Depression. Depression. Depression.
Depression becomes the order of the day.
According to Wikipedia;
“Depression is a state of low mood and aversion to activity that can affect a person’s thoughts, behavior, feelings and sense of well-being. Depressed people can feel sad, anxious, empty, hopeless, worried, helpless, worthless, guilty, alone, lost, irritable, hurt, or restless. They may lose interest in activities that were once pleasurable, experience loss of appetite or overeating, have problems concentrating, remembering details or making decisions, and may contemplate, attempt or commit suicide. Insomnia, excessive sleeping,
fatigue, aches, pains, digestive problems or reduced energy may also be present. Depressed mood is not always a psychiatric disorder. It may be a normal reaction to certain life events…”
When their businesses enter the life-line phase, they do everything to turn things around for better. They try hard because they want to smile again. They want to go back home knowing that their day was great. The want to fall asleep (even if for few hours) knowing that they did something worthwhile.
Many entrepreneurs treat their businesses as their baby. They create time for it. They cherish it. They protect it. They do their best to get it to wake up. Sadly when evrything goes south, it’s hard to just pack up and go. Depression then becomes the order of the day.
But you’ll hardly find many entrepreneurs admit to being depressed. I think it doesn’t just have to do with their ego. I think it has to do with the fear of defeat. Many entrepreneurs find it hard to accept defeat.
And so, they experience emotional turmoil without professional help.
Business is not always easy
Doing business is not always easy. It is a challenging part for anyone who wants to turn an intangible creation (such as an idea, vision or dream) into a tangible subject (such as a product).
It needs gut and a conscious (and subconscious) mental, emotional and physical efforts.
Entrepreneurs need to be encouraged
I’m calling on everyone to support entrepreneurs – not just financially – but with love and emotional support when things go wrong.
If you’re an entrepreneur reading this post and you’re depressed, get professional help. And while you do so, surround yourself with happy associates and authentic friends.
I’m wishing you all the good life and rewarding journey that entrepreneurship offers.