Are You Psychologically Immature For Business Expansion or Serial Entrepreneurship?

Don't sweat it, we've all be there!

As the owner of two businesses, a mature psychological group practice and a human resources firm in an aggressive growth phase, Monday mornings are either embraced with excitement or dread to start the workweek. My two-sided feelings are often indicative of my current stage of business and service development. Specifically, whether I am close to closing a contract, or if I have a big speaking engagement at a company the following week that I am preparing for or what networking events must I attend to get the word out about our new company.

Although I thoroughly enjoy working as a psychologist treating clients for a variety of mental health disorders, I knew that this second business opportunity was a natural evolution in my growth plan as an entrepreneur and just what the doctor ordered. However, I must admit that I was psychologically immature for the role of a serial entrepreneur.

Owning one business is enough to keep you up late at night tossing and turning due to worries about closing a deal, making payroll, rolling out a new product line, purchasing supplies and hiring woes. For whatever, reason, I never fully considered the amount of extra stress and burden that I would place upon myself by embarking upon my new business venture. I wasn't prepared for the increase in migraines because I wasn't using healthy coping strategies to deal with the stress. Yes, even a psychologist can be grandiose at times and think too highly of himself or herself and believe they can do it all!

CLICK HERE TO READ THE FULL ARTICLE

The Huffington Post logo