14
By Dr Anju Chawla For Incubation Orientation At Indira Gandhi Technical University for Women Date- July 23,2016

Stress handling and team-building tips for start ups(feasible)

Embed Size (px)

Citation preview

By Dr Anju ChawlaFor Incubation OrientationAt Indira Gandhi Technical University for WomenDate- July 23,2016

Stress & Team Building by Dr Anju Chawla 2

Stress & Team Building by Dr Anju Chawla 3

⇝ Sometimes I wake up at 3 a.m., worried. ⇝ Dozens of questions run through my mind.⇝ Am I getting into the right thing?⇝ Will my business keep going well?⇝ Will I be able to repay my loan?⇝ What if all my clients dry up, and nobody wants to work with me?⇝ What if I can’t feed myself?⇝ What to do better than the competitors?⇝ How to recruit the cost effective yet productive resource?⇝ What if I make one stupid mistake and everything I’ve built gets torn

down?

You?

Stress & Team Building by Dr Anju Chawla 4

Cause & Effect?

•CAN YOU IDENTIFY YOUR STRESSOR?

•IS IT CONTROLLABLE?

Purposeful intention Prioritize your MVP’s (Most Valuable

Priorities) Predetermine your outcome

Protect your time Be present in all that you do

Never start your week unless it is written on paper first. Either you’re running your days, or your days are

running you. The most successful people live in the now. Zero in on what

you need to accomplish and do it.

Pointing to your

problems only does

not solve the purpose.

DOES IT?

Stress & Team Building by Dr Anju Chawla 5

STAYING PRODUCTIVE WHILE STAYING STRESS-FREE

Jack’s trick in staying productive while putting in such long hours is to theme his days. Each weekday is dedicated to a particular area of the business at both companies. Here’s what his themed week looks like:

Monday: Management and running the companyTuesday: ProductWednesday: Marketing and communications, growthThursday: Developers and partnershipsFriday: Company culture and recruiting

Saturday I take off. I hike. And then Sunday is reflections, feedback, strategy and getting ready for the rest of the week.

Stress & Team Building by Dr Anju Chawla 6

NO. You will have to set your own :

Time table

Goal

Yes Task

No Task

Not Now Task

YOU CANNOT COPY

Stress & Team Building by Dr Anju Chawla 7

Stress & Team Building by Dr Anju Chawla 8

S

T

R

E

S

S

C

O

M

E

S

Low Emotional Intelligence

All are partnersIn your journey ofENTREPRENEURSHIP

Indecisiveness Inability to Trust

Friends of Stress

Stress & Team Building by Dr Anju Chawla 9

Solution 1 to Stress management

Be at peace with your passion at all cost Have your Time & Urgency matrix Clear Define your business - Maybelline, is in business of

selling ‘Hope to look good’ Plan details with premise, this will give you flexibility Work on “Zero Sum Loss”, look at what you may gain

than loose Set timeline to execute tasks, else change your path Set aside budget for R&D, if you don’t foresee

competition, it will kill you

Stress & Team Building by Dr Anju Chawla 10

Set aside reflection time Do break free Don’t shy away from your family, tell them you

need time to establish and you need them to listen Still waters run deep- decide with calm mind Have an ear to depend upon Build team, keep clear communication, build

systems

Stress & Team Building by Dr Anju Chawla 11

No matter how hard you try, you can't do it all. Greatest idea too needs execution which needs

team Challenge is to get like minded people, but reward

is constructive criticism and many ideas You cannot scale up without a team As soon as you can afford to, hire your first

employee, even if you have to use every single Rupee of net profit you should to do it. Hiring this person will enable you to focus on growing the business well beyond its current level.

Stress & Team Building by Dr Anju Chawla 12

Stress & Team Building by Dr Anju Chawla 13

Clearly define your business and prioritise your goals-Keep Realigning

Let tasks be identified in Time & urgency matrix to know which is crisis and which is waster

Identify available resources- People, money, material, infrastructure,Technology

Caution- Take inputs from others but don’t copy

Work with people, to begin with , identify an ear to pour yourself

Caution- Be close for your private self else you may feel stress later

Must- Give yourself little “Me “ Time and “Reflection Time”, Have an opencommunication with your team

Identify stressors, if controllable- control else adjust . If it needs a detour don’t shy away

Seek help whenever required, use social media , peer group, study groups

Rectify your mistake as soon as you identify one

Keep yourself updated with PESTEL and changes in VUCA world

Stress & Team Building by Dr Anju Chawla 14

Attitude should be-“ I never Loose, Either I Win or I learn”

“Anyone who has never made a mistake has neverTried anything new”- Albert Einstein

For any Feedback or further inputs please write [email protected]